Economy

The number of billionaires in the United Kingdom has fallen for the first time in years, as global market turbulence and changes to the country’s tax regime take a toll…

Novo Nordisk said on Friday that Chief Executive Officer Lars Fruergaard Jørgensen will step down, a decision made jointly with the board as the company confronts mounting competitive and financial…

Argentina’s Downtown Buenos Aires is home to a thriving underground network of cash merchants known as arbolitos. However, their business is seeing a rapid downturn.According to Reuters, under Argentina’s severe…

The global weight-loss drug market, once dominated by Novo Nordisk, is undergoing a dramatic transformation. On Friday, the Danish pharmaceutical giant announced it would replace its long-serving chief executive, Lars…

Walmart customers could soon see higher prices on store shelves, as the retail giant grapples with rising costs from new and ongoing tariffs. The company announced Thursday that it will…

Thursday saw dramatic variations in the parallel exchange rate of the US dollar in Bolivia, with the informal currency market starting to feel the effects of growing cryptocurrency adoption, especially Tether…

Japan witnessed record foreign inflows into its equities and long-term bonds in April, as global investors reacted to US President Donald Trump’s aggressive tariff announcements by reallocating capital away from…

The AUD/USD exchange rate remains in a tight range ahead of the closely-watched Reserve Bank of Australia (RBA) interest rate decision. It was trading at 0.6423 on Friday, a level…

Amid US President Donald Trump’s criticism of Apple’s reported decision to shift a substantial portion of its iPhone production for the American market from China to India rather than the…