Year: 2025
China’s BYD holds mining rights in Brazil’s Lithium Valley, Reuters reports
A logo of the Chinese manufacturing conglomerate BYD. Elke Scholiers | Getty Images News | Getty Images Chinese electric carmaker BYD acquired mineral rights for two plots of land in a lithium-rich part of Brazil in 2023, entering the mining business in its biggest market outside of China, according to public records reviewed by Reuters. The EV producer’s acquisition of mineral rights in […]
Read More
U.S. embassies told to prepare for staff cuts as Trump overhauls diplomatic corps, sources say
The entrance of the United States Embassy in Bogota, Colombia on Jan. 26, 2025. Pablo Vera | Afp | Getty Images President Donald Trump’s administration has asked U.S. embassies worldwide to prepare for staff cuts, three sources familiar with the matter told Reuters on Thursday, as part of the Republican president’s effort to overhaul the U.S. diplomatic corps. The sources said some embassies had been asked to look into reducing both U.S. staff as […]
Read More
Singapore is set to deliver its first budget under its new prime minister. Here’s what to expect
Lawrence Wong, Singapore’s then deputy prime minister and finance minister, speaking during the Milken Institute Asia Summit in Singapore, on Sept. 13, 2023. Wong, now the country’s prime minister, is due to deliver the budget on Feb. 18. Bloomberg | Bloomberg | Getty Images Singapore is gearing up for its first budget under Prime Minister […]
Read More
Singapore’s annual GDP expands at fastest pace since 2021, lifted by trade, finance and manufacturing sectors
An undated photography of a night view of the Singapore skyline from the Marina Barrage. Calvin Chan Wai Meng | Moment | Getty Images Singapore’s GDP expanded by 4.4% in 2024, marking its fastest growth since 2021, government data showed Friday, getting a boost from wholesale trade, finance and insurance, and manufacturing sectors. The economy […]
Read More
TikTok returns to Apple, Google app stores
Beata Zawrzel | Nurphoto | Getty Images TikTok returned to the Apple and Google app stores Thursday evening. The Chinese-owned social media app had been removed from the the two stores on Jan. 18, moments after TikTok’s leadership temporarily halted service in the U.S. in response to a national security law that went into effect […]
Read More
Trump’s reciprocal tariffs would hit these European Union products that Americans buy the hardest
Workers walk past manufacturing equipment at Eli Lilly & Co. manufacturing plant in Kinsale, Ireland, on Sept. 12, 2024. Lilly has been bulking up its production capacity since 2020, investing more than $17 billion into developing new plants and expanding existing facilities for the weight-loss and diabetes drugs that are expected to become some of […]
Read More
U.S. and India aim to more than double bilateral trade to $500 billion in five years, Prime Minister Modi says
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands, at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters India and the U.S. will work to more than double bilateral trade to $500 billion by 2030, Indian Prime Minister Narendra Modi said at a joint press conference […]
Read More
Asia markets rise after Wall Street gains overnight; Singapore logs faster-than-expected GDP growth
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets rose Friday, tracking Wall Street gains overnight as President Donald Trump signed a reciprocal tariffs plans, but did not enact the levies on them immediately. Australia’s S&P/ASX 200 started […]
Read More
From AI to 16K screens, tech is once again disrupting the movie industry
The multibillion-dollar global film industry is at the advent of another technological revolution, set to make movie-making easier than ever before. One innovator in the space is prestigious camera and production supplies company, ARRI, which opened a groundbreaking stage just outside London in 2021. The stage features a 30-meter wide, 16K resolution screen. “It replaces […]
Read More
S&P 500 futures are flat after Trump delays new tariffs, Wall Street heads for winning week: Live updates
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. NYSE S&P 500 futures were little changed Thursday night after President Donald Trump held off on imposing new reciprocal tariffs. Futures linked to the 500-stock index were marginally lower, as were Dow Jones Industrial Average futures. Nasdaq 100 futures dipped […]
Read More