US Economy Grows 2.3% Amid Tariff and Inflation Concerns
The US economy grew at an annualized rate of 2.3% in the fourth quarter, matching consensus estimates, according to the Bureau of Economic Analysis's...
Eli Lilly Invests $27 Billion in U.S. Manufacturing Expansion
Eli Lilly announced on Wednesday a $27 billion investment to build four new manufacturing sites in the U.S., marking the largest pharmaceutical expansion in...
South Korea Cuts Interest Rates Amid Economic Slowdown
South Korea’s central bank, the Bank of Korea (BOK), cut interest rates by 25 basis points on Tuesday, lowering them to 2.75% from 3%,...
Apollo Global Buys Bridge Investment for $1.5 Billion in Stock
Apollo Global Management Inc. has agreed to acquire Bridge Investment Group Holdings Inc. in an all-stock transaction valued at approximately $1.5 billion. Under the...
Germany Faces Economic Challenges Amid Trump’s Tariff Threats
As German voters prepare to head to the polls, the nation’s struggling economy is at the forefront of political debate. However, incoming U.S. tariffs...
Mercedes-Benz Focuses on Cost-Cutting and Combustion Engines
Mercedes-Benz (MBGn.DE) announced on Thursday that it will implement further cost-cutting measures and prioritize petrol and diesel vehicles over electric vehicles (EVs) in its...