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Foreign-branded phone shipments in China grew 1.8% in April to 3.59 million units, while overall phone shipments rose 2.8% to 25.73 million.
Walmart is seeing a shift in its leadership ranks as Sam's Club COO Tom Ward retires and U.S. store operations EVP Cedric Clark departs the company.
Berkshire Hathaway's latest 13F filing reveals a significant portfolio overhaul by new CEO Greg Abel, characterized by a sharp reduction in total stock holdings.
Nissan subsidiary JATCO has scrapped a £48.7 million project to build EV powertrains in Sunderland, UK.
DHL, FedEx, and UPS are urging EU ministers to phase in new low-value package duties.
Major U.S. carriers, including American and United, are increasingly replacing small regional jets with Airbus A319 mainline aircraft on routes to secondary cities.
Nvidia CEO Jensen Huang confirmed that China is included in his $200 billion CPU market forecast. While licensing hurdles for H200 chips remain, he emphasized the market's importance amidst U.S.
Ferrari is launching its first EV, the €500,000 Luce, in Rome today. This bold, high-end move aims to define luxury electrification despite uncertain market demand.
The SEC is poised to introduce an innovation exemption allowing tokenized equities to trade on crypto-native infrastructure
Treasury Secretary Scott Bessent warned that China may use Hong Kong's digital asset sandbox to build a global alternative to US financial leadership.
Norwegian energy giants Equinor and Aker BP have agreed to swap stakes in several North Sea oil and gas fields, including Ringvei Vest, Yggdrasil, and Wisting.
Japan's exports rose 14.8% in April, exceeding market forecasts despite supply chain disruptions caused by the Middle East conflict.
The UK has issued temporary trade licenses delaying certain sanctions on Russian oil and liquefied natural gas.
UK business activity hit its lowest point since early 2021, with the S&P Global PMI falling to 48.5 in May as surging energy costs from the Iran war and domestic political uncertainty triggered a services sector slump. Economists warn the economy faces a perfect storm of contraction and rising inflation, leaving the Bank of England in a difficult position as
JPMorgan Chase has officially entered the German retail market with a new digital banking platform, offering fee-free savings accounts.
FX pair saw upside move on Monday, recovering towards 1.34500. Economic Calendar Decrease in overall volatility may be considered as primary scenario however overall risk increase in the market, via bond markets, may increase forward pricing of the FX. GBP/USD hourly chart analysis On the 1-hour GBP/USD chart, the market exhibits a consolidation pattern characterized by low volatility and narrowing range, as
XAU/USD is currently consolidating inside a clear descending channel on the 1-hour chart, with price continuing to form lower highs and lower lows, indicating that the short-term trend remains bearish. Price is hovering around the 24-period simple moving average, which is still sloping downward and acting as dynamic resistance, while RSI near 52 suggests neutral momentum and a temporary pause
Nissan is considering downsizing its historic Yokohama Plant, its first such restructuring of a domestic parts facility, as the automaker seeks to cut costs and improve utilization amid ongoing global losses.
XAG/USD remains in a consolidation phase near $75.18 after rejecting the $89.00 resistance zone. The key support is $73.70, and a break below it could trigger further downside toward $70.95- $65.50. On the upside, the $81.00–$84.20 area remains the main resistance zone, reinforced by the 100-day SMA, which is currently acting as a pivot and limiting bullish momentum. The short
Japan is experiencing a severe naphtha shortage due to Middle East supply disruptions, forcing manufacturers to simplify packaging and retailers to raise prices as the cost of plastics and inks skyrockets.
LSEG signed a five-year VMware Cloud Foundation deal with Broadcom to modernize its infrastructure.
UK inflation unexpectedly slowed to 2.8% in April from 3.3% as utility bills fell, though officials warn the Iran war's energy shock could push rates to 6.2% by next year.
Light Crude Oil is currently consolidating beneath a long-term descending trendline that extends from the higher levels established earlier in the spring, keeping the broader structure cautious despite the recent recovery attempt. Price is now testing the 102.415 region, an area that also aligns with a notable horizontal resistance level, making it an important zone for determining short-term direction. On the
Lowe's Companies, Inc. reported first-quarter fiscal 2026 net earnings of $1.6 billion for the period ended May 1, 2026. Diluted earnings per share (EPS) came in at $2.90, compared with $2.92 in the same quarter last year. Total sales increased significantly to $23.1 billion, up from $20.9 billion in the prior-year quarter. Excluding $96 million in pre-tax expenses tied to intangible