World

Moderna Flu Vaccine Beats Competitor in Final Trial

Stronger immune response clears path for combo Covid-flu shot Moderna announced Monday that its experimental mRNA-based flu vaccine outperformed an existing standard shot in a pivotal late-stage trial. The results...

Luckin Coffee Enters U.S. Market Amid Starbucks Struggles

China's coffee giant opens first New York stores Luckin Coffee, China’s largest coffee chain, has opened its first U.S....

May Inflation Stays Mild, Boosts Rate Cut Hopes

Core PCE rises to 2.7% as spending and income decline U.S. inflation remained subdued in May, with the personal...

Nike Stock Jumps as Sales Improve and Tariffs Hit

Sneaker giant forecasts mid-single digit sales drop, cuts China reliance Nike shares soared 15.2% on Friday after the company...

Elon Musk Fires Tesla VP Amid Sales Declines and Political Backlash

Omead Afshar dismissed as pressure mounts on Tesla's operations and reputation Tesla CEO Elon Musk has fired Omead Afshar,...
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Thailand’s Economic Growth Slows Amid Trade Policy Risks

Thailand’s economic growth in 2024 was weaker than expected, continuing to lag behind its regional neighbors as it faces global trade policy challenges and...

US Moves Toward Engineering a Russia-Ukraine Peace Deal

It appears increasingly likely that the United States will play a significant role in brokering a peace deal between Russia and Ukraine, regardless of...

Türkiye’s Industrial Production Rises 7% in December

Türkiye’s industrial production grew by 7% in December 2024 compared to the previous year, according to data from the Turkish Statistical Institute (TurkStat) released...

67 Killed in Midair Collision Near Washington D.C.

A midair collision between an Army helicopter and an American Airlines flight from Kansas killed all 67 people aboard, officials said Thursday, marking the...

Brazil Inflation Slows Less Than Expected, Rate Hike Likely

Brazil-Inflation-Slows-Less-Than-Expected-Rate-Hike-Likely Brazil's annual inflation rate slowed in early January but remained higher than expected, reinforcing the likelihood of another 100 basis point interest rate hike...

South Africa’s Retail Sales Surge 7.7% in November

What Happened Retail activity in South Africa continued its strong momentum, rising 7.7% year-over-year in November 2024, according to Statistics South Africa (Stats SA). This...