TikTok will not be sold, Chinese parent tells US
TikTok’s Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell…
Category: BUSINESS
BUSINESS, BUSINESS NEWS, Fince, Banks, Banking, International business, Trade,
Major Gulf markets gain as geopolitical concerns ease
April 23 Major stock markets in the Gulf rose in early trade on Tuesday, on course to recover some losses as fears of wider geopolitical…
Apple’s Q1 smartphone shipments in China tumble 19%, data shows
BEIJING, April 23 Apple’s smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance since 2020, as its dominance…
Oil prices lower after Iran attack on Israel
Oil prices fell on Monday after after Iran’s reprisal attack on Israel over the weekend. Brent crude – a key benchmark for oil prices internationally…
The IMF and World Bank Spring Meetings: What to Know
The IMF and World Bank’s spring meetings will focus on the prospects for a soft landing after years of global economic turbulence. But major challenges…
Climate change Logging decline after political change in Brazil, Colombia
The number of trees lost in tropical forests in Brazil and Colombia fell dramatically last year because of political action, a new analysis finds. Researchers…
Amazon Tech giant cuts hundreds of jobs in cloud computing unit
Technology giant Amazon has announced job cuts affecting hundreds of staff at its cloud computing business. Amazon Web Services (AWS) has been growing and now…
WhatsApp, Instagram and Facebook apps hit by outage
WhatsApp, Facebook and Instagram all went down briefly on Wednesday during a major outage at parent company Meta. Thousands of app users reported issues accessing…
Indonesian president-elect meets with Japan’s prime minister, commits to strengthening relations
Indonesian President-elect Prabowo Subianto said he wants to “further strengthen” relations with Japan as he met with Japanese Prime Minister Fumio Kishida on Wednesday on the heels…
Hong Kong investment banking giant launches first tokenized commercial paper on Ethereum
share In a landmark development, GF Securities, a leading investment banking giant based in Hong Kong, has announced the launch of Hong Kong’s first tokenized…