The Middle East war has delivered a severe jolt to the UK mortgage market, triggering a wave of product withdrawals and rate increases that analysts say represents the most disruptive …
Transportation Slump Drags Down Canada’s Monthly Manufacturing Totals
January proved to be a challenging month for Canadian factories, as manufacturing sales dropped 3% to a total of $68.7 billion. The decline was heavily concentrated in the transportation sector, …
TikTok’s American Future Secured — But at the Cost of a $10 Billion Government Payday
TikTok will continue to serve millions of American users under a newly restructured ownership arrangement, but the deal that secured its future in the US comes with an extraordinary cost: …
Asian equities slipped on Friday as geopolitical tensions kept investors cautious. The conflict involving Iran and regional powers has pushed oil prices close to the psychologically important $100-per-barrel level. The …
Weak EV Demand Drives Honda Toward First Loss Since 1957 Listing
Honda Motor Co. is preparing for its first annual loss since its stock market listing in 1957 after announcing massive restructuring costs in its EV division. The company said the …
Chinese AI Startup DeepSeek Gains Global Attention With Low-Cost Innovation
The artificial intelligence community has been closely watching Chinese startup DeepSeek after the company unveiled a powerful new AI model. The open-source system delivers advanced language processing capabilities while keeping …
China Sends Senior Official He Lifeng to France for US Economic Negotiations
Chinese Vice-Premier He Lifeng is preparing to lead a delegation to France for a new round of economic discussions with the United States. The talks will take place over four …
Spanish Billionaire Amancio Ortega Eyes Record Dividend as Inditex Profits Rise
Inditex founder Amancio Ortega is set to receive a record €3.23bn dividend this year, as Europe’s largest fashion group continues to thrive. The payout follows a 5.8% rise in pre-tax …
Storms and Stagnation: Why the UK Economy Failed to Grow in January
A combination of severe weather, localized utility failures, and global energy shocks caused the UK economy to flatline in January. Official data from the ONS confirmed 0% growth for the …
HSBC Reorganizes Along East-West Lines as Market Value Hits $300bn
HSBC’s market value has reached a significant milestone of $300bn, driven by a successful reorganization along “east-west” lines and strong annual profits. The bank reported a 2025 pre-tax profit of …