Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China industrial profits stay resilient as economy leans on factories, exports
China's industrial profits rose 21.1% in May compared to April's +24.7% increase. Profits for January-May climbed 18.8% over the corresponding period last year versus an 18.2% increase in the first four months. Electronics and upstream sectors…
AI turbocharged the stock market. Now it's firing up the economy.
Americans have grown distrustful of artificial intelligence and worry it will eventually take their jobs. But for now, a huge boom in AI spending is powering the U.S. economy. The AI boom — or bubble, as skeptics call it — has reached…
SpaceX stock has cooled. Hiring for jobs in the space economy hasn't
Recent government data shows the rate of job growth within the space economy has outpaced the broader labor market, with younger workers in particular being beneficiaries. Salaries in the sector are relatively high, and there are many open…
The Tech Rally Meets Economic Fundamentals (NYSEARCA:SPY)
Tech sector valuations remain elevated, and macroeconomic headwinds, including slowing global GDP growth and rising debt, challenge the sustainability of these multiples. Current innovation cycles, including AI and green energy, are not delivering…
Taiwan's tense relationship with Eswatini raises concerns about economic gain and sovereignty
The Kingdom of Eswatini's ties with Taiwan raise questions about the fundamentals of diplomacy and foreign relations with regard to Eswatini's national interest and respect for the national sovereignty of other states, says the writer. Image:…
Blaming migrants ignores the real causes of South Africa's economic crisis
South Africa is in the midst of its most significant anti-immigrant mobilisation in years. The emergence of the March and March movement, calls for the mass deportation of undocumented migrants by 30 June 2026, growing anti-immigrant violence, and…
Focus on developing the Coconut and Food & Beverage export industries into a USD 3 billion economy within the next two years
A discussion was held on Friday (26) afternoon at the Presidential Secretariat between President Anura Kumara Dissanayake and industrialists in the coconut and food and beverage manufacturing sectors on developing the coconut and food and beverage…
Last Week at Economy Class and Beyond (27th June) - Economy Class & Beyond
It's been a week of hiding in air-conditioned offices and considering relationships with an electric fan as hot weather has grabbed the UK and Western Europe like no one's business. However, the show must go on, so under heat and far too much…
Iran war strains economy reliant on foreign help | Arkansas Democrat Gazette
Steve Geoffrey, one of roughly 30 million foreign nationals in the Middle East, considers himself lucky to still be able to support his family in Kenya. The 38-year-old, who works for a hospitality firm in the Qatari capital of Doha, sends about…
UAE transforms bankruptcy into a tool for recovery and economic stability
Abu Dhabi: The UAE has significantly transformed its approach to bankruptcy, moving away from the traditional perception of default and failure towards a modern framework focused on recovery, regulation and economic sustainability, according to the…
From the Opinions Editor: Economic troubles have eased, but foundations for long-term growth are still missing
Over the past few days, two mega IPOs have been announced – Reliance Jio and NSE. Both these companies are in the services sector. This is not exceptional. Seven of the 10 largest recent IPOs have been from firms in financial, retail or…
America's economic engine is outperforming this century's expectations - whether the Dems like it or not
America became home to the world's first trillionaire last month when Elon Musk's SpaceX went public. Musk earned his success, although he shares some measure of it with his adopted home. There's a reason why he was able to establish the world's…
How the Earthquakes Reshape Venezuela's Economic Future | Caracas Chronicles
Originally published in Spanish on Asdrúbal's personal Substack There are weeks that change a government. And there are weeks that change a country. This is one of them. Until just a few days ago, the economic debate regarding Venezuela…
Colby Cosh: How long before Statistics Canada loses complete touch with the economy?
Last month, when Statistics Canada delivered unexpected bad news about a second consecutive quarter of negative real-GDP growth, there was a frenzy of pooh-poohing and counter-pooh-poohing about whether Canada was really in recession. On Thursday…
Coventry set for huge economic boost after Sky Blues' Premier League promotion
Coventry is expected to see a huge economic boost from Sky Blues' promotion to the Premier League. It's set to bring benefits to the city and wider region across hospitality, retail and tourism, with Premier League fixtures placing Coventry on a…
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