Business News

Apple has urged shareholders to reject a proposal to abandon its Diversity, Equity, and Inclusion (DEI) commitments, making a rare public defense of such initiatives amid rising opposition to DEI programs.

Two major Chinese solar manufacturers have been approved to build silicon wafer plants in Sichuan province, responding to tight supply and rising domestic demand for renewable energy materials.

Egg prices have surged due to a combination of factors, including the ongoing bird flu outbreak, which has decimated flocks, and increasing consumer demand.

The People’s Bank of China (PBOC) announced it will suspend government bond purchases this month due to a supply-demand imbalance, as bond supply has fallen short of demand.

Kevin O’Leary, a "Shark Tank" investor, announced plans to purchase TikTok as its future hinges on a Supreme Court decision regarding a federal law mandating its sale or ban by January 19.

Bridgewater Associates, the world’s largest hedge fund, dismissed approximately 7% of its workforce, totaling around 90 employees, to stay lean and maintain hiring flexibility.

Steve Diggle’s Vulpes Investment Management is preparing to capitalize on market volatility, aiming to raise up to $250 million from investors as early as the first quarter of 2025.

Guyana is actively clearing wreckage from its waterways to enhance navigation as ship traffic increases to support the growing oil sector.

South Africa is set to attract Chinese investment in its $27 billion automotive industry following the approval of a tax break for new-energy vehicle production.

President Joe Biden has decided to block Nippon Steel’s acquisition of U.S. Steel, a move that has sparked controversy over its impact on U.S.-Japan relations and national security.

Chinese leader Xi Jinping used his New Year’s address to project confidence amid Beijing’s economic challenges and growing tensions with the U.S., emphasizing resilience and a commitment to overcoming adversity.

Pan African Resources Plc has emerged as South Africa's best-performing miner this year, challenging the nation's reputation for expensive and declining gold production.