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China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The data, released on Friday, highlights ongoing pressures on the country’s industrial sector amid global economic

Business leaders and major corporations are committing millions of dollars to President-elect Donald Trump’s inaugural committee, signaling efforts to secure influence and access as his administration prepares to take office. High-profile donors include Amazon, led by Jeff Bezos; OpenAI CEO

Bitcoin prices fell despite MicroStrategy Inc.’s ongoing efforts to bolster its cryptocurrency holdings through additional share offerings. The digital asset declined approximately 3% to $95,420 as of 7:12 a.m. in New York on Thursday, reflecting broader market volatility. A composite

Russia has begun utilizing Bitcoin and other cryptocurrencies for international payments as part of its efforts to mitigate the impact of Western sanctions, according to Finance Minister Anton Siluanov. The move follows legislative changes enabling the use of digital currencies

The United Nations General Assembly adopted a new international convention to prevent and combat cybercrime, marking the conclusion of a five-year negotiation process. The UN Convention against Cybercrime aims to strengthen global cooperation, enhance evidence-sharing mechanisms, and provide technical assistance

The United States has launched an investigation into China’s semiconductor industry, citing concerns over anti-competitive practices that could undermine U.S. economic and national security interests. The probe, announced by the Office of the U.S. Trade Representative (USTR), comes just weeks

Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait, held talks with Narendra Modi, Prime Minister of the Republic of India, to address key bilateral and global developments. The meeting took place at Bayan Palace in Kuwait City during the Indian

The European Commission has disbursed an additional €10 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), reinforcing its support amid growing humanitarian needs. This supplementary funding follows the €82 million already

The United States Food and Drug Administration (FDA) has updated its definition of “healthy” food for the first time in 30 years, redefining the nutritional standards that guide consumer choices. The revised criteria prioritize nutrient-rich foods such as eggs, salmon,

Nike CEO Elliott Hill outlined his strategic plan on Thursday to revive the company’s growth trajectory, attributing recent revenue and profit declines to excessive promotional discounts. Hill, a longtime Nike veteran who rejoined the company in October, emphasized restoring “sport”