Browsing: Business

Tesla shares surged after Elon Musk disclosed a $1B stock buy, his first major acquisition since 2020, adding 2.57M shares to his holdings.

China’s economic slowdown deepened in August as retail, industrial output and investment missed forecasts, signaling broad-based weakness.

AstraZeneca pauses £200m Cambridge expansion after earlier UK site cancellation, as part of a global investment reassessment with no set timeline for restart.

UK GDP flatlined in July 2025 with zero growth month on month, ONS reports, as production declined and services posted only a marginal increase.

Microsoft reaffirmed its partnership as OpenAI expands infrastructure and transitions corporate governance to a nonprofit-controlled benefit corporation.

Novo Nordisk announced a global restructuring, cutting 9000 jobs to streamline operations and improve efficiency, impacting 11.5% of its workforce.

Manufacturing layoffs rise as American factories face monthly cost hikes due to tariffs, driving up unemployment and stalling wage growth.

U.S. officials detained 475 workers at Hyundai’s Georgia battery plant, pausing construction and prompting South Korea to arrange repatriation flights.

Austria posted a €3.29B trade deficit in H1 2025 as exports fell 3.1% and imports rose 2.9%, driven by weaker US trade and rising Swiss imports.

88 postal operators suspended US-bound mail after the US revoked the de minimis exemption, triggering an 81% drop in global postal traffic.