GSK pledges $30bn US investment as UK’s pharma woes deepen
British pharmaceutical firm GSK has pledged to invest $30bn (£22bn) in research and manufacturing in the US over the next five years. Announced at the…
Category: POLITICS
Al-Jadaan Saudi Arabia’s Financial Market Fastest-Growing Worldwide
Saudi Arabia’s financial market has surged past $2.4 trillion, making it the fastest-growing globally, as the Kingdom doubles down on fintech, digital payments and artificial…
Firms will hesitate to invest in US after raid – S Korea president
South Korean companies will be “very hesitant” about investing in the US following a massive immigration raid at a Hyundai plant in the state of…
Nepal turmoil adds to India’s woes in South Asia
Nepal has become the third country in India’s immediate neighbourhood to see a violent uprising topple its government in recent years. Prime Minister KP Sharma…
Larry Ellison briefly becomes world’s richest person
Elon Musk briefly lost his title as the world’s richest person to Larry Ellison, the co-founder of Oracle and an ally of US President Donald…
Ursula von der Leyen EU Chief to Defend Trump Trade Deal
EU chief Ursula von der Leyen will seek to defend her trade deal with Donald Trump in an address to the bloc’s lawmakers Wednesday —…
Cuts to US Oil Jobs and Spending Threaten Output Growth
The US oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in…
Saudi Arabia’s GDP expands 3.9% in Q2 non-oil activities GASTAT
Saudi Arabia’s economy expanded 3.9 percent in the second quarter of the year, fueled by robust non-oil activity that extended its growth streak to 18…
China’s Export Slows in August as US Tariffs and Trade Bite
China’s exports grew last month but at a slower pace than in recent months, the country’s customs agency said Monday. Exports reached $321.8 billion in…
Japan PM Hopefuls Prepare Leadership Bids, Markets Recoil
Ruling party lawmakers in Japan prepared their bids to replace outgoing premier Shigeru Ishiba on Monday, as financial markets recoiled on the political uncertainty and…