Economy

Elon Musk’s $1 million-per-day giveaway has come under scrutiny as the US Department of Justice (DOJ) warns it may breach federal election laws. Musk, actively supporting Donald Trump in the…

Pedro Tellechea, the former minister of Industry and Oil in Venezuela, has been arrested, as confirmed by the country’s Public Prosecutor, Tarek William Saab. This arrest presents the fifth oil…

Goldman Sachs Group Inc. has downgraded its outlook on Indian equities from overweight to neutral, citing concerns about weakening economic growth and corporate earnings. The downgrade comes as India’s key…

The International Monetary Fund (IMF) has revised its growth forecast for China, reducing its projection for 2024 to 4.8%, down 0.2 percentage points from its July estimate. This adjustment comes…

Bill Gates, the co-founder of Microsoft, has donated $50 million to Future Forward, a nonprofit organization supporting Kamala Harris in the upcoming US presidential election, according to a New York…

China has made significant moves to stimulate its economy over the past months, mainly due to mounting economic pressures. The People’s Bank of China (PBoC) recently implemented one of its…

The highly anticipated 2024 US presidential election between Republican candidate Donald Trump and incumbent Vice President Kamala Harris, representing the Democrats, is set for November 5. With the political stakes…

Car sales in Europe took a hit in September, marking the first consecutive monthly decline in over two years as the region’s economy remained sluggish and consumers cut back on…

HSBC has named Pam Kaur as its new Chief Financial Officer (CFO), marking a historic first in the bank’s 160-year history. Kaur’s appointment follows the leadership reshuffle that saw Georges…