Category: business
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JD.com Pledges $3.12 Billion Housing Support for Couriers Amid Intense E-Commerce Competition
JD.com, one of China’s largest e-commerce giants, has announced a major investment in its delivery workforce, pledging 22 billion yuan ($3.12 billion) in housing support for its couriers. This initiative aims to improve the living conditions of delivery riders as competition in the instant retail market continues to escalate. The announcement was made via JD.com’s
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UK Christmas Spending Forecast to Rise 3.5% Despite Slow Start, Says PwC
Britons are expected to spend £24.6 billion ($32.9 billion) during the 2025 Christmas period, marking a 3.5% increase compared with 2024, according to a survey by PwC published Friday. Despite a slow start to festive trading in November, retailers anticipate stronger consumer activity in the weeks leading up to Christmas. With the UK’s headline inflation
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Japan’s Core Inflation Likely Steady at 3.0% in November Ahead of BOJ Rate Decision
Japan’s core inflation likely remained well above the Bank of Japan’s (BOJ) 2% target in November, according to a Reuters poll of economists, as moderating food price increases helped offset rising energy costs ahead of a widely anticipated rate hike next week. The nationwide core consumer price index (CPI), which includes energy but excludes fresh
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UK Economy Shrinks Unexpectedly in Three Months to October, Raising BoE Rate Cut Speculation
Britain’s economy shrunk unexpectedly in the three months to October, official data released Friday shows, raising the likelihood of interest rate cuts by the Bank of England (BoE) in response to softening economic activity. The Office for National Statistics (ONS) reported that gross domestic product (GDP) contracted 0.1% in the August-to-October period, defying economists’ forecasts
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Bank of Japan Signals Further Rate Hikes Amid Strong Economic Conditions
The Bank of Japan (BOJ) is expected to maintain its commitment to raising interest rates at its upcoming policy meeting on December 18-19, although the pace of further hikes will depend on economic responses to prior increases, according to sources familiar with the central bank’s thinking. Markets have largely priced in a potential increase from
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Trump Orders Federal Review of Proxy Advisers Amid Criticism of ESG Influence
U.S. President Donald Trump signed an executive order on Thursday directing federal agencies to review the operations of leading proxy advisory firms, including Institutional Shareholder Services (ISS) and Glass Lewis, citing concerns that they advance politically motivated agendas on environmental and social issues. The move intensifies scrutiny of the sector, which advises institutional investors on
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Private Finance Structures to Propel Japan M&A Boom into 2026, Says Goldman Sachs
Japan’s mergers and acquisitions (M&A) market is set to sustain strong growth into 2026, driven by innovative financing structures leveraging private capital, according to Goldman Sachs. Executives say larger deal sizes and creative funding solutions are enabling companies to pursue acquisitions without overextending their balance sheets, fueling one of the most active M&A environments in
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German Inflation Confirmed at 2.6% in November
Germany’s inflation rate rose to 2.6% year-on-year in November 2025, according to data released Friday by the Federal Statistical Office (Destatis). This figure confirms preliminary estimates and marks an increase from 2.3% in October, reflecting ongoing price pressures in Europe’s largest economy. Consumer Prices in Germany The reported inflation corresponds to harmonized consumer prices, which
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Copper Surpasses Silver as Gold Lags Amid Stimulus Hopes from China
After a strong year for precious metals, attention in the commodities market has shifted to industrial metals, with copper leading the charge. Investors are responding to expectations of additional stimulus measures from China, pushing Shanghai copper futures to record highs and outpacing gains in silver and gold. Copper Climbs as China Stimulus Boosts Demand The
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Broadcom Shares Drop 5% Following AI-Focused Earnings Report
Shares of Broadcom Inc. fell nearly 5% in Frankfurt trading on Friday, following the company’s recent earnings report that highlighted strong AI-driven revenue growth but projected narrower profit margins. The stock decline mirrored its movement in U.S. after-hours trading, reflecting investor caution over profitability concerns in the booming AI chip sector. Broadcom Reports Strong AI
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