US vs China over South China Sea: Washington backs Philippines, Beijing hits back

Delhi gets first late-September rain in 7 years, mercury dips 5.1°C below normal

‘Anti-social elements spreading false rumours’: LPU issues statement amid massive unrest over alleged rape

After JU, clash erupts at SRFTI: BJP’s ‘Dimagi Naxal’ jibe sparks political firestorm after students protest RSS-linked event

LPU students go on rampage, vandalise campus amid widespread protest: What's happening

Trump asked Xi to pressure Iran. China did not say yes — here’s what Beijing wants

US Treasury Secretary Scott Bessent hails global crackdown on Iranian banks and airlines

Venezuela's oil heartland eyes US revival

An OpenAI agent escaped its locked test cage again, by hiding questions in DNS lookups

3 males killed, four others injured in shooting after fight at strip club in Detroit

Russia backs India at UNGA, but flags limits on UNSC seat expansion 

South Africa probes string of murders targeting women

'Victory for low-budget consumers': Raghav Chadha hails 30-day telecom recharge rules

Kendall Jenner, Jacob Elordi’s Milan Fashion Week appearance has fans talking; his reaction steals the show

Beyond metros: How Tier-2 and Tier-3 cities could drive India’s next AI wave

Tesla builds first Cybertruck with its own refined lithium: Elon Musk's $1 billion Texas bet pays off

IndiGo flight suffers tail strike in Bengaluru while landing; DGCA to probe incident

The US and China set up an AI 'red telephone', but skipped the rulebook

‘Terror suspects arrested near UK air base were looking to do big damage’: Trump

Russian envoy claims US tactics to contain India were revealed in ‘Freudian slip’

‘Olympic inclusion is our major target’: WPA President Ishaun Singh on pool’s global ambitions

Nations League: Spain sink England at Wembley; Modric shines for Croatia

Why has Iran released no proof of life of Mojtaba Khamenei? Araghchi reveals...

Bank unions defer 3-day strike from tomorrow after talks with IBA, committee set up

Iran ready for ‘doomsday war’ if US resumes attacks, but open to diplomacy: Araghchi

Sri Lankan Tamil migrant worker gets death sentence in Saudi Arabia, help sought from India

Muslim marriage cannot shield sex with minor wife from prosecution under POCSO: Delhi HC

99.9% more powerful - Scientists find boy who can recall memories from just 3 months of age

'FIRST LOOK from inside Noah’s Ark': Researchers share video from inside mysterious mound in Turkey

UNSC reform momentum grows: Russia, Portugal, Mauritius push for India's permanent seat bid

Man arrested after his 22-year-old girlfriend dies at homestay in Guwahati; police suspect murder over suicide claim

Afghanistan says 28 fighters killed in clash near Pakistan border, Islamabad denies

Ceuta migrant crisis: Protesters take to streets as Spain grapples with migrant challenge

Jaishankar at UNGA: Goodwill and friendship can't coexist with terrorism

New York City wants a 'kill switch' on every AI, and will pay whistleblowers who report violations

China's army of metal processors and traders has flipped from buyers to sellers. This amid a sharp downshift in economic activity in the world's top manufacturer, which is also heralded a potential warning sign for steel, aluminium and other key industrial commodities.

China's metals traders offload stockpiles as bleak demand outlook bites

India has reached a landmark figure of 100 unicorns with a valuation of more than $300 billion. WION's Business Editor Sumit Chaturvedi spoke to some of the global and Indian startups to know how things have changed and how they are handling current challenges of slowing world economy and high inflation.

India has 100 startups in Unicorn club valued at $333 billion

In signs of recovery in aviation sector European low-cost airline Ryanair said its bookings looked very strong for the summer and the load factor should gradually rise to 94-95% in June-August.

Ryanair sees over 15 million passengers in May, summer bookings strong

The Russian Central Bank cut interest rates from 14% to 11%, after inflation slowed to 17.5% in May compared to 17.8% in April, which is now forecasting that annual inflation will decrease to 5–7% in 2023 and return to 4% in 2024.

Russian Central Bank cuts interest rates from 14% to 11%

According to reports, the US business of Fiat Chrysler Automobiles has agreed to plead guilty to criminal conduct and pay roughly $300 million in penalties to resolve a multi-year emissions fraud probe surrounding vehicles with diesel engines.

Reports: FCA reaches plea deal in US emissions probe

Starbucks will cease operations in Russia, shuttering its 130 cafes in the country. Starbucks said it will continue to pay its nearly 2,000 Russian employees for six months and help them transition to new jobs.

Starbucks leaving Russian market after 15 years, will close 130 stores

The Hyundai Motor Group said on Sunday it would invest another $5 billion in the United States by 2025 to strengthen cooperation with US companies in advanced technology.

Hyundai Motor Group to invest more than $10 billion in US by 2025

In the signs of increasing volatility in stock markets, Asian markets have recovered temporarily today after a day of intense losses. India's BSE Sensex opened with gains of 600 points and it is trading with gains.

Asian stocks in green after a day of intense losses

Turkey's annual inflation has jumped to nearly 70% in April, fuelled by the Russia-Ukraine conflict and rising commodity prices after a Lira crash late last year.

Turkey's inflation surges to 20-year high

Electric Vehicles (EVs) almost doubled their market share in the European Union during the first quarter, as the rollout of models across the continent picks up pace.

EV nearly doubled European Union market share

The Bank of England’s policymakers are expected to increase interest rates from 0.75% to 1%, a level not seen since 2009. The Bank expects UK inflation to rise to roughly 10% this year as a result of the Russia-Ukraine war and lockdowns in China.

Bank Of England hikes interest rates to 13-year high

Boeing will move its headquarters from Chicago to Arlington, Virginia, as the crisis-plagued US plane maker works to repair relationships with customers, federal regulators and lawmakers.

Boeing to move headquarters from Chicago to Virginia

Tesla CEO Elon Musk is expected to serve as a temporary CEO of Twitter for a few months after he completes his $44 billion takeover of the social media company.

Elon Musk to lead Twitter temporarily after $44 billion takeover, says report

The US Federal Reserve announced a 0.25 percent hike in its bench-mark short-term interest rate, launching a campaign to tackle the fastest inflation in four decades even as risks to economic growth mount.

US Fed lifts policy rate by 0.25%

China's property sector crisis has deepened. After reports came that another property giant Shimao had to put all of its projects up for sale and Evergrande attempted another high-profile default.

China: Property giant Shimao had to put all of its projects up for sale

Animations to video clips sales of NFTs reached some 25 billion dollars in 2021, as the cumulative crypto-asset exploded in popularity. However, reports say there are signs of growth slowing towards the end of the year.

Non-Fungible token sales hit $25 Billion dollars in 2021

2022 was expected to be the year of recovery. The beginning has been shaky though, the surge in cases has led to disruptions. Financial bodies are revising their estimates, and governments are lowering their projections.

IMF had predicted the global economy to grow by 4.9% in 2022

Beating its rival Boeing, Airbus has kept its crown as the world's largest jet maker for the 3rd year running.

Airbus beats its rival Boeing to keep its top plane maker spot

Registering its second annual decline in a row Mexico's auto production fell by almost two percent last year in comparison to 2022. This is Mexico's flagship industrial sector struggling to pull past the pandemic shocks and also a global semiconductor shortage.

World Business Watch: Mexico's flagship industrial sector struggles

There's been another wave of Covid19 infections across India driven by the Omicron variant of the Coronavirus, and this, of course, had a serious impact on India's aviation sector.

World Business Watch: Air passengers numbers in India decline

Canada could be staring at the beginning of a logistics issue, as Prime Minister Justin Trudeau is pushing ahead with a vaccine mandate for international truckers. The critics have said this will exacerbate the driver shortages and also drive up the price of goods imported from the united states of America.

Canada: Prices of goods imported from United States could go up

Tech giants Google and Facebook have been fined multi-million dollars by France's data privacy watchdog. The tech giants have been accused of making it difficult for internet users to refuse online trackers or cookies.

Google and Facebook fined for cookie breaches

Australia's COVID-19 infections have hit a record high for the third consecutive day, further straining hospital resources and testing facilities handling of the fast-moving omicron.

Omicron: Australia's COVID-19 infections have hit a record high for the third consecutive day

The United Arab Emirates (UAE) government has told some of its biggest business families that it plans to remove their monopolies on the sale of imported goods.

UAE government plans to scrap some family business monopolies

Britain’s Cairn Energy Plc has withdrawn lawsuits against the Indian government and its entities in the US and UK in the retro tax case.

Cairn Energy withdraws cases from US, UK in retro tax case

US retail sales rose 8.5% during this year's holiday shopping season from November 1 to December 24, powered by soaring e-commerce sales.

US retail sales rise 8.5% in holiday season as online shopping booms

world-business-watch

World Business Watch, News on World Business Watch, stories on World Business Watch, articles on World Business Watch, World Business Watch stories at Wion, World Business Watch news, World Business Watch latest news

world business-watch