Business
Why the trees behind shea butter beauty cream are under threat
A former biology teacher-turned-environmentalist is on a crusade in Uganda to save the once-flourishing trees from which shea butter is…
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Business
Business
Nio delivers 53% more vehicles in April following Firefly brand launch
The EV maker officially launched its lower-priced Firefly brand in China on Apr 19, with plans to gradually reach global markets Chinese…
Business
European Defence Fund funnels money to drones, hypersonic defense, AI
PARIS — The European Union’s executive arm picked 62 defense projects for a combined €910 million ($1 billion) in financing in the latest…
Business
Telegram weighs US$2 billion bond sale to refinance 2021 debt
[DUBAI/LONDON] Telegram is holding investor meetings about a bond sale worth about US$2 billion as the social media app seeks to refinance…
Business
Bank of Japan keeps rates steady, cuts growth forecasts
The Bank of Japan (BOJ) kept interest rates steady and cut its growth forecasts on Thursday (May 1), as uncertainty surrounding US tariffs…
Business
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty…
Business
Tesla board opened search for a CEO to succeed Elon Musk: report
Tesla board members about a month ago reached out to several executive search firms to find a successor for CEO Elon Musk, The Wall Street…
Business
Robinhood tops quarterly profit estimates as volatility fuels trading volumes surge
Retail trading platform Robinhood’s first-quarter profit more than doubled and beat analysts’ estimates on Wednesday (Apr 30), driven by a…
Business
Amazon to invest US$4 billion to expand rural delivery network in US
The investment will grow its rural delivery network to more than 200 delivery stations and create 100,000 jobs, the company says…
Business
Couche-Tard clinches deal to deepen Seven & i Takeover talks
Alimentation Couche-Tard and Seven & i Holdings have signed a non-disclosure agreement that will give the Canadian company access to the…
Business
Canadian firm advances deal talks for Japan’s Seven & i with access to books
Alimentation Couche-Tard (ACT) and Japan’s Seven & i said that they have signed a non-disclosure agreement (NDA) that will give the…
Business
Apple must halt non-App Store sales commissions, judge says
Apple Inc. violated a court order requiring it to open up the App Store to third-party payment options and must stop charging commissions…
Business
Yankees Could Poach $50M Silver Slugger From Mets in Blockbuster Trade
By Aaliyan Mohammed is a Newsweek contributor based in Atlanta, GA. His focus is MLB content. Aaliyan has been with Newsweek since 2024…
Business
Visa, Bridge partner to launch stablecoin-linked cards
Visa and stablecoin infrastructure provider startup Bridge are partnering to offer stablecoin-linked Visa cards to customers across…
Business
Ripple offered to buy stablecoin rival Circle for up to US$5 Billion
The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp up…
Business
Biggest US dollar slump since 2022 hints at more losses ahead
The US dollar posted its worst month since 2022 after global investors cut back on US assets, with options markets still flashing warning…
Business
Meta quarterly profit climbs despite big cloud spending
Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its…
Business
Microsoft posts strong results fuelled by cloud sales growth
Microsoft reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady…
Business
eBay announces CFO transition; sees quarterly revenue ahead of estimates
The company’s use of generative artificial intelligence, including its “magical” listing tool, and improvements in search and targeted…
Business
Barclays beats first-quarter forecasts as Trump turmoil supercharges trading
Barclays booked a stronger than expected 19 per cent increase in first-quarter profit on Wednesday (Apr 30), as trading activity surged in…
Business
Oil settles lower, posts steepest monthly decline since 2021
Oil prices settled down on Wednesday (Apr 30) and recorded the largest monthly drop in almost 3½ years after Saudi Arabia signalled a move…
Business
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…
Business
US: Stocks end mostly up, rebounding from bad GDP report
Wall Street stocks finished mostly higher on Wednesday (Apr 30) after digesting a poor US GDP reading that was offset by solid consumer…
Business
"Bright spot" in housing market expected to be short lived
New home sales surged in March, offering a rare glimmer of optimism for the U.S. housing market, but the boost may be short-lived as…