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Spotify and the major music company Universal have inked a new deal
Business

Universal, Spotify Ink Multi-year Deal

US existing home sales hit their lowest level in nearly 30 years on high home prices and elevated mortgage rates, said the National Association of Realtors
Business

US Home Sales In 2024 Weakest In Nearly 30 Years

Meta CEO Mark Zuckerberg, pictured here at US President Donald Trump's inauguration on January 20, 2025, says the giant tech company is building a new datacenter so big it would cover much of Manhattan
Business

Meta Plans To Invest $60 Bn Or More In AI This Year

The Bank of Japan has hiked interest rates to their highest level since 2008
Business

Bank Of Japan Hikes Interest Rate To 17-year High, Boosts Yen

American Airlines projected a first-quarter loss but predicted improving travel demand would lift perfomrance later in 2025
Business

American Airlines Shares Fall On Lackluster 2025 Profit Outlook

Fed governor Christopher Waller, seen in February 2020, said he could support a rate cut in the first half of the year
Finance & Investments

US Could Cut Interest Rates 3 Or 4 Times This Year: Fed Official

Apple's performance in China is suffering from a slump in shipments, which dropped to 42.9 million in 2024
Business

Apple Loses Top Spot In China Smartphone Sales To Local Rivals

Chinese President Xi Jinping (R) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People in Beijing on January 15, 2025
Business

Sri Lanka Signs Landmark $3.7 Bn Deal With Chinese State Oil Giant

Chinese economic growth data at the end of the week comes as the country's leaders prepare for the second term of Donald Trump amid fears of another trade war
Finance & Investments

Asian Equities Mixed As US Inflation, China Data Loom

This photo illustration created in January 2025 in Germany, shows the media giant Meta's logo displayed on a smartphone
Business

Meta To Lay Off 3,600 Employees In Performance-based Cuts

Traders are awaiting the release of consumper price data this week for a fresh idea about inflation as they scale back their interest rate cut expectations
Finance & Investments

Asian Markets Mixed As Traders Eye US Inflation Data, Earnings

Apple says the claim is 'meritless'
Business

Billion-pound Lawsuit Against Apple Over App Store Opens In UK

Oil prices have rallied after the US and UK imposed fresh sanctions on Russia's energy sector
Finance & Investments

Asian Markets Track Wall St Losses After Blockbuster US Jobs Report

Soldiers search at the site of the Jeju Air passenger plane crash at Muan International Airport
Business

South Korea Says Jeju Air Jet Black Boxes Stopped Recording Before Crash

Tesla has faced repeated criticisms over its self-driving and driver assistance programs
Technology and Innovation

Tesla Recalls 239,000 EVs In US: Here's What Happened

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