World Business News

China takes a step further in automation and AI with ‘dark factories’

China advances automation with “dark factories” using AI and robotics, running lights-out, boosting efficiency but raising concerns over jobs, costs,…

7 months ago

Manhunt Intensifies for Suspect in Charlie Kirk Shooting

FBI hunts Charlie Kirk’s killer; suspect seen fleeing in flag T-shirt, Converse shoes. Rifle found, $100k reward offered.

7 months ago

Markets Brace for Fed Rate Cut as Global Central Banks Hold Steady

Global markets anticipate a US Federal Reserve rate cut this week amid central bank meetings worldwide, reflecting economic resilience and…

7 months ago

FTSE Russell Reforms Vietnam’s VNIBOR Benchmark to Align with Global Standards

FTSE Russell is reforming VNIBOR to adopt trade-based methodologies, aligning Vietnam's interest rate with international risk-free standards effective November 3.

7 months ago

Novo Nordisk to Cut 9,000 Jobs in Major Restructuring Amid Growing Competition

Novo Nordisk plans to cut 9,000 jobs to save costs and streamline operations amid increasing competition and slowing sales for…

7 months ago

Sri Mulyani Ousted in Sudden Shake-Up of Indonesia’s Cabinet

Sri Mulyani Indrawati was dismissed as Indonesia's Finance Minister, replaced by Purbaya Yudhi Sadewa amid rising unrest and protests.

7 months ago

Cautious Sentiment Weighs on Markets as Weak US Jobs Data Spurs Fed Cut Bets

FBM KLCI ended flat at 1,578.2 as weak US jobs data dampened sentiment, fueling Fed rate cut expectations.

7 months ago

Trump Deploys F-35 Jets to Puerto Rico Amid Rising Tensions With Venezuela

Trump deploys 10 F-35 jets to Puerto Rico in anti-drug push, escalating tensions as Venezuela mobilises military against U.S. buildup.

7 months ago

Boomi Named Leader in Forrester iPaaS Report, Tops Strategy Category

Boomi has been named a leader in the Forrester Wave for iPaaS, excelling in strategy, AI focus, and customer support.

7 months ago

Economist Shreds Trump’s $4 Trillion Tariff Claim: ‘It’s a Tax on Americans’

The CBO's tariff forecast is questioned by economist Wolfers, emphasizing higher consumer costs and shifting tax burdens onto ordinary Americans.

7 months ago

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