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ECONOMY

IMF Projects Global Economic Growth Amid Trump’s Policy Challenges

Friday, Jan 17

IMF forecasts steady global growth and falling inflation but warns of potential setbacks from Trump's proposed tariffs and tax cuts.

ECONOMY

Medicare Targets Ozempic and Wegovy in Major Drug Price Negotiations for 2027

Friday, Jan 17

Medicare to negotiate prices for Ozempic and Wegovy, aiming to lower drug costs for millions of patients starting in 2027.

ECONOMY

Glencore and Rio Tinto's Merger Talks Stall Amid Coal Business Concerns

Friday, Jan 17

Glencore and Rio Tinto recently explored a merger, but discussions have ceased as Glencore faces pressure from its coal operations.

ECONOMY

Indian Stock Market Experiences Volatility: BSE Sensex Surges Then Plummets

Friday, Jan 17

Indian markets faced volatility this week as BSE Sensex saw significant swings, moving from gains to losses amid global economic factors.

ECONOMY

Biden Administration Concludes Student Debt Relief with Final Forgiveness Action

Friday, Jan 17

Biden's final move cancels over $600 million in student loans, marking the end of a significant chapter in debt relief efforts.

ECONOMY

FDA Greenlights Zyn Nicotine Pouches as Lower-Risk Alternative for Adult Smokers

Friday, Jan 17

The FDA has authorized Zyn nicotine pouches for sale, highlighting their potential as a safer alternative for adult smokers looking to quit.

ECONOMY

Reliance Industries Reports 12% Profit Growth in Q3 Driven by Retail Surge and Telecom Success

Friday, Jan 17

Reliance Industries sees a 12% profit increase in Q3, buoyed by retail demand and telecom growth, as net profit reaches Rs 21,930 crore.

ECONOMY

FDA Bans Red Dye No. 3 in Food Products: Implications and Alternatives

Friday, Jan 17

The FDA has banned Red Dye No. 3 in food and drugs due to cancer risks. Discover what's affected and the alternatives for this widely-used food additive.

ECONOMY

Adani Group Stocks Surge as Hindenburg Research Shuts Down

Friday, Jan 17

Adani Group shares soar up to 10% following the announcement of the shutdown of Hindenburg Research, marking a significant turnaround for the conglomerate.

ECONOMY

TSMC Reports Record Quarterly Profit Driven by AI Chip Demand Amidst Regulatory Challenges

Thursday, Jan 16

TSMC records a historic quarterly profit due to soaring demand for AI chips, forecasting substantial revenue growth despite facing regulatory hurdles.