Browsing: Business

MARSHALL, Texas, October 11, 2025: A federal jury in Marshall, Texas, has ordered Samsung Electronics to pay $445.5 million in damages to Collision Communications, finding that the South Korean technology company willfully infringed four patents tied to wireless communication standards used in 4G, 5G and

The Hague, October 13, 2025: The Dutch government has taken direct control of Nexperia, a Netherlands-based chipmaker owned by China’s Wingtech Technology, citing significant governance shortcomings and the need to protect national economic security. The rare intervention was announced on October 12 and carried

NEW YORK, October 9, 2025: Gold prices broke through the $4,000 per ounce barrier for the first time, prompting a sharp rally in mining stocks globally as investors shifted focus to companies positioned to benefit from the historic surge in the precious

TOKYO, October 8, 2025: Japan recorded a current account surplus of 3.78 trillion yen ($24.9 billion) in August, down 4.8 percent from a year earlier, according to preliminary data released Wednesday by the Ministry of Finance. The decline was primarily

WASHINGTON, October 7, 2025: The World Bank has raised its economic growth forecast for 2025 across the region encompassing the Middle East, North Africa, Afghanistan and Pakistan, known collectively as MENAAP, citing stronger-than-expected activity in Gulf economies and resilient performance in non-oil sectors. According to the

WARSAW, 7 October 2025: Poland’s registered unemployment rate rose to 5.6 percent in September, according to official figures released by the Ministry of Family, Labour and Social Policy. The figure reflects an increase from 5.5 percent in August and marks the highest level

South Korean banks recorded an 18.4 percent year-on-year increase in combined net profit in the first half of 2025, driven by a sharp rise in non-interest income that offset a marginal decline in interest earnings. The Financial Supervisory Service reported

India and China have agreed to resume direct passenger flights between the two countries, marking the first such move since air links were suspended in early 2020. The agreement comes as both sides work to rebuild diplomatic and economic ties

Financial transactions in the UAE’s banking sector surpassed AED9.5 trillion during the first five months of 2025, according to official data released by the Central Bank of the UAE. The figures reflect strong transactional volumes through the UAE Funds Transfer

Gold futures in the United States surged to a record high on Friday after confirmation that country-specific import tariffs may apply to the most widely traded bullion size, the one-kilogram bar. The ruling, posted by the US Customs and Border Protection