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BUSINESS

Surging billionaire wealth a political threat, Oxfam warns as Davos opens

AFP, Published on 19/01/2026

» DAVOS, Switzerland- The collective wealth of the planet's billionaires soared to a record level in 2025, charity Oxfam reported on Monday, warning of "highly dangerous" political consequences as the global elite gathers for the World Economic Forum.

BUSINESS

EU fines X $140m, risking US pushback

AFP, Published on 05/12/2025

» BRUSSELS - The European Union has fined X, the social media platform owned by billionaire Elon MUsk, 120 million euros ($140 million) for breaking its digital rules, in a move that risks a clash with the administration of US President Donald Trump.

BUSINESS

Trump allies to control TikTok under new US deal

AFP, Published on 26/09/2025

» WASHINGTON - Donald Trump on Thursday signed an executive order laying out a proposed deal for a US version of TikTok that would put control of the app in the hands of the president's allies.

BUSINESS

Chinese firms turn to Indian exporters to help fill US orders

Bloomberg, Published on 28/04/2025

» Some China-based firms hit hard by US tariffs are reaching out to Indian exporters to fill orders on their behalf and help them retain their American customers as they navigate a trade war causing seismic shocks in global commerce.

BUSINESS

Trump floats cutting China tariffs 'substantially' in trade deal

Bloomberg News, Published on 23/04/2025

» WASHINGTON — United States President Donald Trump said he plans to be "very nice" to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.

BUSINESS

Chinese vent anger at Trump's trade war with memes, mockery

AFP, Published on 18/04/2025

» BEIJING — While China's leaders use their economic and political might to fight United States President Donald Trump's trade war "to the end", its army of social media soldiers are embarking on a more humorous campaign online.

BUSINESS

Häfele Expands Luxury Kitchen Solutions in Thailand

Published on 07/03/2025

» Häfele Thailand, a leader in premium home and kitchen solutions, continues to strengthen its presence in the Thai market through strategic collaborations with four globally renowned brands: Bertazzoni, Blanco, Hawa Sliding Solutions, and Liebherr. These partnerships reaffirm Häfele’s commitment to delivering innovative, high-quality solutions tailored to the evolving needs of Thai homeowners, architects, designers, and real estate developers.

BUSINESS

EU to blacklist 25 more Chinese entities for flouting Russia sanctions

South China Morning Post, Published on 08/02/2025

» BRUSSELS — The European Union (EU) plans to add another 25 Chinese entities to a blacklist of companies for circumventing sanctions on Russia, as part of the next package of measures aimed at hobbling Moscow's war effort.

BUSINESS

Trump media shares soar on re-election bid boost

Bloomberg News, Published on 16/07/2024

» NEW YORK - The shares of Donald Trump's media company surged on Monday after a failed assassination attempt on the former United States president over the weekend boosted momentum for the so-called Trump trade across markets.

BUSINESS

General Motors auto workers call strike in US

AFP, Published on 16/09/2019

» DETROIT: The United Auto Workers union called a nationwide strike against General Motors Sunday, with some 46,000 members set to walk off the job beginning at midnight amid an impasse in contract talks.