Keywords: Business


Taiwan seeks diplomatic solution to travel disruption with Morocco

Taiwanese authorities are seeking clarification from Morocco after Rabat suspended the processing of documents required for short-term visa procedures, creating significant difficulties for Taiwanese citizens planning to travel to the North African country. Taiwan's Ministry of Foreign Affairs said......

Hiroshi Okuda, former Toyota chief and Prius pioneer, dies at 93

Hiroshi Okuda, the former chairman of Toyota who helped lay the foundations for the company’s global rise and backed the development of the pioneering Prius hybrid, has died at the age of 93, Toyota announced on Wednesday. The Japanese automaker confirmed Okuda’s death to AFP, following......

Vietnam plans 30% tax cut for small businesses to boost economic growth

Vietnamese authorities are preparing a tax relief package aimed at small businesses, individual entrepreneurs and household enterprises as part of broader efforts to stimulate private-sector activity and sustain economic growth. Under the proposed measure, taxes would be reduced by 30% during 2026 and......

Trump Media reports $238 million quarterly loss and refocuses on Truth Social

Trump Media & Technology Group, the company behind the Truth Social platform and associated with U.S. President Donald Trump, reported a net loss of approximately $238 million for the second quarter of the year, prompting the company to reconsider its expansion strategy. The loss for the three months......

UEFA, AFC and CONCACAF challenge Infantino over proposed World Cup rights deal

The leadership of three major football confederations has publicly challenged FIFA President Gianni Infantino over his handling of a proposed transaction involving a stake in the commercial rights to the World Cup, calling for an independent examination of the events surrounding the abandoned plan. UEFA,......

Plus500 reports higher core profit as US expansion boosts trading activity

Trading platform Plus500 reported a modest increase in first-half core profit on Monday, as stronger trading activity and the expansion of its US operations helped offset a more challenging customer-acquisition environment. The Israeli fintech company said core profit reached $187.5 million in the six......

Artificial intelligence enters risk management with a new tool for small businesses

Artificial intelligence is opening a new avenue for small businesses seeking to identify and manage external risks. A technology tool called Blanket is attempting to connect companies' potential vulnerabilities with event-based contracts that could be relevant to specific market risks. The platform......

Private credit market shows mixed signals as redemption pressures ease

The private credit industry delivered a mixed picture this week, with signs of improving investor confidence emerging alongside softer financial results from several major lending vehicles. While earnings across parts of the sector reflected a more challenging operating environment, a slowdown in investor......

Three bidders compete to acquire iconic French glassmaker Duralex

The future of French glassware manufacturer Duralex has entered a new phase as three prospective buyers have formally submitted takeover bids, setting the stage for a competitive process aimed at preserving one of France's most recognizable industrial brands. The list of candidates includes two......