Economy

Otis Worldwide Corp.’s share price has been on a slow decline for much of the year, but signs are emerging that the worst may be over. While the stock has…

China’s petrochemical sector anticipates significant growth in a key segment, projected to expand by nearly 50% by 2028. This expansion is set to occur despite intensified competition within the wider refining…

The delicate balance of global supply chains is under unprecedented strain, particularly in the critical realm of rare earth elements. China, a dominant force in this sector, has wielded its influence…

Shares of Cava Group Inc. tumbled by more than 22% in pre-market trading on Wednesday, extending steep after-hours losses from Tuesday, after the Mediterranean fast-casual chain lowered its full-year same-store…

Two and a half years of war have reshaped Europe’s security map, altered trade flows, and reminded us how influential sanctions can be.The latest developments in the Russia-Ukraine war are…

US fast-food chain Steak ‘n Shake has credited its embrace of Bitcoin for a 10.7% same-store sales increase in the second quarter, outpacing major competitors and bucking broader industry trends.…

The July Consumer Price Index (CPI) release is expected to land within a narrow range of forecasts. Yet a single decimal point in the core inflation figure could trigger sharp…

The UK job market is showing signs of a potential turnaround, with a recent, more modest decline in payroll employment hinting that the most severe impacts of significant tax increases…

Nvidia Corp and Advanced Micro Devices Inc (AMD) have agreed to pay 15% of revenues from their Chinese artificial intelligence chip sales to the US government in exchange for export…