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Executive profiles, market analysis, and strategic insights for leaders shaping the global business landscape.
NBA superstar Stephen Curry says his first signature basketball shoe with Chinese sportswear company Li-Ning is expected to debut in early 2027, giving fans their first clear timeline for the next chapter of his footwear career.
Amazon is raising the minimum starting wage for eligible full-time U.S. core operations workers by $1 an hour to $20, as the company increases its investment in employee pay and introduces new financial and grocery benefits.
China’s industrial sector showed renewed strength in August, but weaker consumer spending and a deepening investment downturn highlighted a growing imbalance in the world’s second-largest economy.
The Japanese yen extended its recent surge on Tuesday, climbing to a seven-month high against the U.S. dollar as traders increased bets that the Bank of Japan could raise interest rates soon.
The rivalry between General Motors and Ford Motor is moving well beyond the traditional battle for American car buyers. After more than a century of competing in vehicle sales, trucks and motorsports, the Detroit automakers are now going head-to-head in two very different areas: defense and energy. Both companies are looking for new sources of growth as the automotive industry faces tougher
WNBA Commissioner Cathy Engelbert has announced that she will retire at the end of 2026, bringing an end to more than seven years of leadership during one of the most important growth periods in the league’s history.
Google is heading into September with renewed attention from investors as its artificial intelligence ambitions begin to provide a much-needed boost after a difficult stretch for the company's stock. Alphabet, Google's parent company, had recently faced growing pressure in the market as investors questioned the enormous cost of its AI investments and whether those spending plans would
Japan is facing growing pressure to rethink its economic policies as the weakening yen, rising prices and heavy government spending create a difficult challenge for policymakers. U.S. Treasury Secretary Scott Bessent has urged Japan to move toward higher interest rates and step away from the large-scale stimulus policies that have shaped the country's economy for more than a
Chinese President Xi Jinping and Russian President Vladimir Putin are meeting in Bishkek, Kyrgyzstan, as leaders from across Asia and other partner countries gather for the Shanghai Cooperation Organisation (SCO) summit. The two-day summit, taking place on August 31 and September 1, brings together major regional leaders, including Indian Prime Minister Narendra
Shares of Chinese electric vehicle maker Xpeng fell sharply in Hong Kong on Tuesday after its third-quarter vehicle delivery forecast came in below market expectations, overshadowing a major funding round that valued its robotics business at more than $6.3 billion. Xpeng shares were down more than 8% in early Hong Kong trading after the Guangzhou-based company forecast
Union Commerce and Industry Minister Piyush Goyal is leading a delegation of more than 200 Indian business representatives to Japan as the two countries look to expand investment, industrial cooperation and partnerships in emerging technologies. The four-day visit, running from August 24 to 27, will take Goyal and the delegation to Tokyo, Nagoya and Osaka, bringing together
Oman’s aviation sector is set for a major leadership transition after Oman Air and SalamAir announced new chief executives as both carriers pursue expansion and operational reforms. Oman Air has appointed Nasser Al Sharji as CEO, effective September 1, 2026. He will succeed Con Korfiatis, who will remain with the national carrier as an advisor to support the
Taiwan’s economy is heading for exceptional growth in 2026 as surging global demand for artificial intelligence hardware fuels exports, semiconductor production and investment. However, economists warn that the current pace may be difficult to maintain. Taiwan’s statistics agency recently raised its 2026 GDP growth forecast to 11.05%, up from 9.64% projected in May. If
Japan’s wholesale inflation eased slightly in July, with producer prices rising 7.2% year on year, according to official data released Thursday. The figure came in below economists’ expectations of 7.4% and was also marginally lower than the revised 7.3% increase recorded in June. The latest data suggests that price pressures at the producer level remain elevated, even as the pace
Oil prices and US Treasury yields moved higher as escalating compensation demands between the United States and Iran reduced expectations of an imminent agreement over the Strait of Hormuz. The diplomatic standoff intensified after US President Donald Trump called for Iran to compensate Americans and others he says were harmed by Tehran-linked actions. Iran, meanwhile, has tied progress on
An overseas Filipino worker who has already paid about ₱608,000 toward a preselling condominium in Metro Manila is facing a difficult decision as the capital’s property market contends with record unsold inventory, developer discounts and weaker pricing conditions. The buyer, identified as Peter, has been paying roughly ₱38,000 a month for 16 months toward a 32-square-metre condominium
Rockstar Energy founder Russ Savage has built a sizeable stake in Celsius Holdings and is publicly positioning himself to lead the energy drink company following a difficult quarterly earnings report and a sharp decline in its share price. Savage now controls more than 12 million Celsius shares, representing roughly 4.7% of the company. The holding is valued at close to $300 million based on
American Airlines is changing one of the most valuable benefits available to its elite frequent flyers, limiting complimentary Business Class upgrades on several of its longest domestic routes. Starting August 25, 2026, eligible AAdvantage status members travelling in the Main Cabin on selected transcontinental and Hawaii services will no longer automatically join the complimentary
JPMorgan Chase Chief Executive Jamie Dimon has warned that high levels of borrowing across global financial markets could increase the risk of sudden volatility. Speaking in an interview with CNBC, Dimon said margin debt had reached record levels, while additional borrowing remained hidden under different financial structures. He pointed to leverage linked to hedge funds, prime brokerages,
Emirates NBD has signed a definitive agreement to acquire the retail banking business of HSBC Bank Egypt, marking a significant step in the UAE lender's regional expansion strategy and strengthening its presence in one of its key international markets. The transaction, announced on Sunday, will be carried out through Emirates NBD Egypt, the group's wholly owned subsidiary. Completion