India sets a 40% onion export duty to tackle domestic price hikes India's Ministry of Finance just announced that the nation is putting a 40% export duty on onions through the end of the year.
Chinese EV manufacturers pivot to Europe Some brands, like MG, have already made a name for themselves in Europe, but others, like XPeng and Nio, face the task of winning over skeptical buyers.
Intel's US$5.4 billion Tower Semiconductor acquisition falls through Last year, US tech giant Intel made headlines when it revealed its plan to acquire Israeli company Tower Semiconductor for US$5.4 billion.
Binance files for a protective court order against SEC In June, the SEC took Binance and its CEO, Changpeng Zhao (CZ), to court, accusing them of a tangled "web of deception."
China’s central bank makes the largest interest rate cut since 2020 The world's eyes are on China's economic situation, which is working on recovering since pivoting away from the zero-COVID policy stance.
Global wealth worldwide falls for the first time since The Great Recession in 2008 According to a recent report from Credit Suisse, the total money owned by households around the world went down last year for the first time since the crisis in 2008.
Amazon's AI leap with Inferentia and Trainium chips Amazon's focus on microchip innovation has led to the creation of two key chips – Inferentia and Trainium.