Meta Faces Lawsuit Over AI-Driven Layoffs of Employees

A group of 26 former Meta employees has filed a lawsuit alleging that the company used…

China’s GDP Grows 4.3% in Q2, Missing Expectations

China's economy grew by 4.3% in the second quarter of 2026, according to data released by…

Asian Stocks Rise After Soft US CPI; Kospi Jumps Over 6%

Asian stocks increased on Wednesday, July 15, following cooler-than-expected U.S. inflation data that diminished expectations for…

Cryptocurrency Market Rallies on Softer Inflation Data

Cryptocurrencies surged on Tuesday following the release of cooler-than-expected inflation data, which diminished expectations for a…

IBM Shares Plunge 25% Amid Disappointing Earnings Report

IBM shares fell 25.21% to $217.07 on Tuesday following a disappointing earnings report. The stock traded…

Grasim Acquires Sprng Energy for $1.8 Billion Deal

On Monday, Aditya Birla Renewables announced the acquisition of Sprng Energy from Shell Plc for an…

Iran Prepares to Challenge US Naval Blockade in Hormuz

Iran is reportedly preparing to test the United States' naval blockade of its ports, with 23…

China Increases US Treasury Holdings Amid Geopolitical

China increased its holdings of U.S. Treasuries to $659.3 billion in May, up from $651.1 billion…

India-UK Trade Deal Takes Effect, Tariffs Reduced Significantly

The India-UK free trade agreement (FTA) came into effect on Wednesday, significantly reducing tariffs on 99%…

Citi Plans $30B Buyback, 12% Dividend Increase Amid Growth

Citigroup announced a $30 billion share buyback plan and a 12% increase in its quarterly dividend…