business news
‘A day of celebration’: What the blockbuster EU-India trade deal means for auto giants
India’s Prime Minister Narendra Modi (C) poses for a photograph with European Commission President Ursula von der Leyen (R) and European Council President Antonio Costa before their meeting at the Hyderabad House in New Delhi on January 27, 2026. Sajjad Hussain | Afp | Getty Images A landmark trade deal between the European Union and […]
Read More
Five years after the GameStop mania, retail investors have become a force Wall Street can’t ignore
Key Points What began as a dramatic short squeeze in early 2021 has evolved into a persistent force in equity markets. Retail participation in U.S. equities has risen to nearly 20% of average daily trading activity, up from low single digits before Covid. Retail investors’ influence is reinforced by a favorable backdrop of rising stocks […]
Read More
All eyes are on Trump’s reaction to the ‘mother of all deals’ between India and the EU
U.S President Donald Trump and Indian Prime Minister Narendra Modi in Washington, DC, on Feb. 13, 2025. Andrew Caballero-reynolds | Afp | Getty Images The ink is barely dry on the European Union and India’s historic trade deal but all eyes are now on how President Donald Trump will react to the free trade agreement […]
Read More
TikTok blames data center outages for U.S. app problems, denies censorship claims
The TikTok logo is displayed at a TikTok office on Jan. 23, 2026 in Culver City, California. Mario Tama | Getty Images TikTok’s U.S. app, now under majority American ownership, said a recent wave of glitches and content disruption was due to a power outage at one of its data centers, pushing back against claims […]
Read More
The ‘middle powers’ are having a moment, but can they stand up to Trump?
(1st row from L to R): Australia’s Prime Minister Anthony Albanese, Brazil’s President Luiz Inacio Lula da Silva, South Africa’s President Cyril Ramaphosa, President of Angola and Chairperson of the African Union Joao Lourenco and Canada’s Prime Minister Mark Carney react as they attend a family photo event during a G20 Leaders’ Summit plenary session […]
Read More
Puma shares surge 20% after Anta Sports buys stake for $1.8 billion
Signage at an Anta Sports Products Ltd. pop-up store in Beijing, China, on Saturday, Aug. 24, 2024. Anta is scheduled to release earnings results on Aug. 27. Na Bian | Bloomberg | Getty Images Shares of Puma surged as much as 20% Tuesday, after China’s Anta Sports said it would acquire a 29% stake in […]
Read More
India and European Union have closed a ‘landmark’ free trade deal, Prime Minister Modi says
India and the European Union on Monday closed a “landmark” free trade agreement, touted as the ‘mother of all deals,’ Indian Prime Minister Narendra Modi said during a speech at the India Energy Week on Tuesday. The FTA with the EU, which represents about 25% of global GDP and about a third of global trade, […]
Read More
Micron to invest $24 billion in Singapore plant as AI boom strains global memory supply
A general view of Micron Technology’s building in Singapore, June 23, 2020. Micron Gcm Studio | Reuters Micron Technology on Tuesday committed approximately $24 billion to expand its wafer manufacturing operations in Singapore, as the American memory chipmaker moves to expand production amid global shortages. In a press release, Micron said the investment would add […]
Read More