Blog #Business Trends

Indian billionaire Gautam Adani denied U.S. charges accusing him and his Adani Group executives of running a large-scale bribery scheme. Speaking at an awards ceremony in Jaipur, Adani called the allegations "baseless" and vowed to pursue "all possible legal recourse."

Andre Agassi, despite chronic back pain and a noticeable limp, recently showcased his skills on a pickleball court in Sydney, receiving applause and engaging in playful trash talk.

Top cryptocurrency executives and investors are urging President-elect Donald Trump to create a national bitcoin stockpile, a move that could closely integrate the volatile cryptocurrency industry into the U.S. financial system.

Volkswagen and its Chinese joint venture with SAIC Motor Corp. sold their assembly plant in Xinjiang to the Shanghai Motor Vehicle Inspection Center, a government-owned firm, citing economic reasons.

Donald Trump’s plan to impose 25 percent tariffs on all Canadian and Mexican products starting January 20 is unlikely to fulfill his campaign promise of lowering prices. These tariffs could significantly impact Americans’ grocery bills, as Canada and Mexico are the U.S.'s largest trading partners.

President-elect Donald Trump announced plans for additional tariffs on China, Canada, and Mexico, marking his first concrete move to address global trade since his election victory.

Markets welcomed Donald Trump’s selection of Scott Bessent as Treasury Secretary, interpreting it as a stabilizing move for the U.S. economy.

Sumitomo Rubber USA announced the closure of its century-old Buffalo, New York, Dunlop tire factory, resulting in the termination of 1,550 employees.

The United Nations Framework Convention on Climate Change (UNFCCC) convenes annually for the Conference of Parties (COP) to address carbon emissions and support vulnerable nations through a loss and damage fund.

Alphabet, Google's parent company, saw its shares fall over 5% on Thursday, marking the largest drop in 10 months. The decline followed the Justice Department's request for Google to divest its Chrome browser to curb its dominance in the search engine market.

The Biden administration has informed Congress of plans to cancel $4.65 billion of Ukraine's debt, according to a letter obtained by Bloomberg News. This move forgives half of a $9 billion loan provided as part of a $60 billion aid package approved in April.

President-elect Donald Trump has chosen Howard Lutnick, chairman and CEO of Cantor Fitzgerald, as his commerce secretary. Lutnick, a key member of Trump’s transition team, was praised by Trump as “a dynamic force of Wall Street” in his announcement on Truth Social.