Business
China announced on Tuesday that it will initiate an anti-dumping investigation into canola imports from Canada. The move comes shortly after Canada imposed significant tariffs on Chinese electric vehicles (EVs), leading to a sharp increase in domestic rapeseed oil futures in…
China has issued a stern warning to Japan, threatening significant economic retaliation if Tokyo proceeds with additional restrictions on the sale and servicing of chipmaking equipment to Chinese firms. The move complicates ongoing US-led efforts to curb China’s access to advanced…
The S&P 500 rebounded in August after a rocky start, ending the month with a 2.3% gain. This marked a reversal from the early August slump, where the index dropped by 6.1% in the first three trading sessions. Despite the volatility, 71% of…
India is set to unveil its largest deep-water port, Vadhvan, in Maharashtra on Friday, with Prime Minister Narendra Modi slated to lay the foundation stone, according to a report by Asian News International (ANI). The port, located in Palghar, is expected to significantly enhance India’s maritime capabilities…
The International Air Transport Association (IATA) reported a significant rise in global air cargo demand for July 2024, continuing a trend of robust year-over-year growth. According to the latest data, total air cargo demand, measured in cargo tonne-kilometers (CTKs), surged by 13.6% compared to the same…
Warren Buffett’s Berkshire Hathaway reached a significant milestone on Wednesday, becoming the first U.S. company outside of the technology sector to achieve a $1 trillion market capitalization. The Omaha-based conglomerate’s shares have surged by more than 28% in 2024, far outpacing the S&P 500’s 18% gain.…