China’s BYD tightens its grip on Europe’s booming EV market
EV maker’s registrations keep climbing Chinese electric vehicle giant BYD is continuing to gain ground in Europe as fresh sales data show another…
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Economy
Business, markets, trade and the economy of everyday life.
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Lush returns to India as luxury beauty boom reshapes retail
Global brand tests a fast-growing market again UK-based cosmetics company Lush is returning to India nearly two decades after pulling out, betting that the country’s booming luxury beauty market now offers the scale it needs.
Oil slides as markets weigh peace talk hopes against supply fears
Crude prices retreat after recent volatility Global oil prices slipped at the start of the week as traders balanced fresh hopes for progress in Russia-Ukraine peace efforts with worries over future supply.
A Wild Week Leaves Global Markets Bracing for More Swings
Fed bets, shaky data and geopolitics fuel volatility After months of relative calm, global markets have lurched through a turbulent week that left traders both relieved and uneasy.
Private Climate Data Boom Fills the Gap as U.S. Pulls Back
Cuts to federal research spur new “earth intelligence” industry A quiet revolution is reshaping how governments and businesses track the escalating risks of…
EUROPEAN GAS PRICES DRIFT LOWER BUT STAY IN NARROW RANGE
Mild weather and full storage cap volatility European natural gas prices edged lower Friday but stayed within a narrow band, reflecting balanced fundamentals heading into late autumn.
Americans trim holiday spending as retailers fight to keep margins
Inflation, tariffs and cautious shoppers reshape the season Americans are planning to spend less this holiday season, forcing retailers to juggle slimmer baskets, heavier discounts and rising costs all at once.
JAPAN EDGES TOWARD RESTART OF WORLD’S LARGEST NUCLEAR PLANT
Niigata governor signals approval for Kashiwazaki-Kariwa The governor of Japan’s Niigata prefecture is preparing to approve the restart of Kashiwazaki-Kariwa, the world’s largest nuclear power plant, according to local reports.
XIAOMI PROFIT SURGES AS EV AND GADGET BETS PAY OFF
Chinese electronics giant rides EV and IoT boom Chinese tech giant Xiaomi has reported that its net profit more than doubled, powered by stronger sales of connected devices and its push into electric vehicles.
Investor Files Writ Questioning Legality of Five Islamic Banks
The High Court has received a writ petition questioning the legality of the government’s plan to merge five financially distressed private banks into a single Shariah-based entity.
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