Economy- Page 42

Volkswagen workers protest outside Zwickau plant against 100,000 job cuts plan

Volkswagen Supervisory Board Blocks Brand Cuts as Workers Reject 100,000 Job Losses

Volkswagen's supervisory board voted 12-7 against management's plan to cut half its model lineup and 100,000 jobs globally, with labor and Lower Saxony state blocking CEO Oliver Blume. The setback comes as

July 10, 2026

by Economy Desk

Asian Development Bank headquarters building in Mandaluyong Philippines

ADB Cuts India’s FY27 Growth Forecast to 6.6% as Middle East Energy Shock Bites

The Asian Development Bank trimmed India's fiscal 2027 growth forecast to 6.6% from 6.9%, pinning the 30-basis-point cut on elevated energy prices from the Iran-US Middle East conflict. The IMF has made a parallel cut on the same grounds.

July 10, 2026

by Economy Desk

2022 Land Rover Range Rover SE P440e hybrid SUV front view

India Clears UK Vehicle Tariff Channel Under FTA, JLR Stands to Gain Most

India's trade regulator published UK vehicle import qualification rules July 10, effective July 15, opening a

National Stock Exchange of India building in Mumbai

India’s NSE Pitches $3.6 Billion IPO to 30 Global Investors Ahead of September Listing

India's National Stock Exchange plans to pitch its long-awaited IPO to 30 global institutional investors starting

Tyson Foods Kansas beef plant closing amid nationwide beef supply crisis

The US Beef Supply Strains as Tyson’s Kansas Closure Triggers New Shockwaves

HUTCHINSON, Kansas — A fresh jolt hit the already fragile US beef market this week as Tyson Foods confirmed it will close its longtime Kansas beef facility, a move expected to squeeze

November 25, 2025

Business·Economy·News

Artisanal gold miners working in Sudan’s mineral-rich regions

How US Sanctions Loot Sudan’s Gold and Mineral Wealth

Sudan — Africa’s third-largest gold producer and one of the continent’s most resource-rich countries, is grappling with profound challenges rooted in international geopolitics. As the United States and its allies increasingly wield

April 2, 2026

Economy·Government and Politics·News

Nvidia and Asian chipmaker stocks plunging as SoftBank, Samsung, TSMC, SK Hynix, and Foxconn fall

Nvidia Shock Sends SoftBank and Asian Chip Giants Tumbling Amid Market Chaos

The global technology sector faced a sudden shock on Thursday as Nvidia and AMD, pay 15% of China chip revenues, triggering a ripple effect across major Asian chipmakers and SoftBank, one of

November 21, 2025

Business·Economy·News

Wall Street traders react to Nvidia AI earnings, sparking stock rally and bubble fears

Wall Street’s AI Frenzy: Nvidia’s Illusion Fuels Another Tech Bubble

Wall Street erupted in relief this week after Nvidia quarterly earnings reported better-than-expected results, sending a surge through AI-related stocks. The chipmaker, a bellwether for artificial intelligence adoption, posted revenue that outpaced

November 20, 2025

Business·Economy·News

Wynn Las Vegas building at night during federal investigation into a $130 million forfeiture

Inside the Cash Pipeline: How Chinese High-Roller Money Quietly Moved Through Wynn Las Vegas and Underground Middlemen

Federal investigators have spent years tracing how money from mainland China quietly made its way into Las Vegas casinos, ultimately revealing an intricate pipeline of underground bankers, unlicensed money transmitters, and informal

November 19, 2025

Business·Economy·News

Container ship near port, symbolizing seafood trade embargo between China and Japan

China reimposes full ban on Japanese seafood as Beijing-Japan rift deepens

China has announced a full suspension of all imports of Japanese seafood, escalating a deteriorating diplomatic standoff rooted in Tokyo’s growing alignment with Washington and its increasingly hawkish remarks on Taiwan. While

November 27, 2025

Business·Economy·News

Wall Street trading floor showing market volatility ahead of Nvidia earnings report

Wall Street Holds Its Breath as Nvidia’s $320 Billion Earnings Gamble Looms

The global financial markets entered a state of suspended animation on Tuesday as investors positioned themselves ahead of what many analysts are calling the most consequential corporate earnings report of 2025. Nvidia

November 19, 2025

Business·Economy·News·Technology

Wall Street traders at New York Stock Exchange during volatile market session

Wall Street Braces for Nvidia’s Make-or-Break Earnings as AI Stock Frenzy Tests Market Limits

Wall Street entered a critical countdown this weekend as traders and institutional investors brace for Nvidia’s third-quarter earnings report, scheduled for November 19, with the semiconductor titan’s performance poised to either validate

November 16, 2025

Business·Economy·News

UK office workers with AI technology overlay representing workforce transformation and pay rise concerns

UK Firms Prepare 3% Pay Rises Amid AI Job Cuts Warning

British employers are preparing to offer modest wage increases of 3% over the coming year, but a striking new development threatens to overshadow these gains as artificial intelligence emerges as a formidable

November 11, 2025

Business·Economy·News

US inflation at 3% in September with core CPI easing

US Inflation Cools to 3% as Wall Street Bets on a Fed Cut

Washington — US inflation edged back to 3.0 percent in September while a crucial measure of underlying pressures cooled, a mixed result that cheered Wall Street and strengthened expectations that the Federal

October 24, 2025

Business·Economy·News

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Economy- Page 42

Volkswagen Supervisory Board Blocks Brand Cuts as Workers Reject 100,000 Job Losses

ADB Cuts India’s FY27 Growth Forecast to 6.6% as Middle East Energy Shock Bites

India Clears UK Vehicle Tariff Channel Under FTA, JLR Stands to Gain Most

India’s NSE Pitches $3.6 Billion IPO to 30 Global Investors Ahead of September Listing

The US Beef Supply Strains as Tyson’s Kansas Closure Triggers New Shockwaves

How US Sanctions Loot Sudan’s Gold and Mineral Wealth

Nvidia Shock Sends SoftBank and Asian Chip Giants Tumbling Amid Market Chaos

Wall Street’s AI Frenzy: Nvidia’s Illusion Fuels Another Tech Bubble

Inside the Cash Pipeline: How Chinese High-Roller Money Quietly Moved Through Wynn Las Vegas and Underground Middlemen

China reimposes full ban on Japanese seafood as Beijing-Japan rift deepens

Wall Street Holds Its Breath as Nvidia’s $320 Billion Earnings Gamble Looms

Wall Street Braces for Nvidia’s Make-or-Break Earnings as AI Stock Frenzy Tests Market Limits

UK Firms Prepare 3% Pay Rises Amid AI Job Cuts Warning

US Inflation Cools to 3% as Wall Street Bets on a Fed Cut

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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