Business News

Wall Street Posts Decline in Feb Month Amid AI, Tariff, Geopolitical Worries

U.S. stocks closed lower for the month as investors weighed AI disruption, tariff risks and geopolitical tensions.

Feb 28, 2026

By Abhay Maitreya

Vietnam's Textile Industry Shifts Focus to Value, Sustainability Amid Slowing Global Demand

Industry leaders said that the shift aims to secure long-term competitiveness while maintaining steady production growth.

Feb 28, 2026

By Samhati Bhattacharjya

Wizz Air Suspends Flights To Dubai, Israel And Amman Amid Iran Escalation

Wizz Air has suspended flights to Israel, Dubai, Abu Dhabi and Amman through March 7 after US and Israeli strikes on Iran.

Feb 28, 2026

By Abhay Maitreya

State Farm To Pay $5 Billion Dividend To Auto Insurance Policyholders

State Farm will distribute a $5 billion dividend to auto policyholders this summer, averaging about $100 per vehicle.

Feb 28, 2026

By Abhay Maitreya

From Institutions to Individuals: Shipfinex In-Principle Approval from VARA Signals a New Era of Liquidity in Maritime Assets

Shipfinex is a regulated platform building the financial evolution of the maritime industry. By leveraging RWA Tokenization and Distributed Ledger Technology, Shipfinex enables ship owners to unlock liquidity and allows investors to participate in maritime assets.

Feb 27, 2026

By IBT Desk

Papa Johns To Close 300 North America Locations By 2027

Papa Johns plans to shut about 300 underperforming North America locations by 2027 amid declining sales and weaker consumer spending.

Feb 27, 2026

By Abhay Maitreya

US Judge Blocks Binance Arbitration Bid, Clears Path for Class Action Trial

A US judge denied Binance's bid to compel arbitration, allowing investors' class-action claims over token sales to proceed in court.

Feb 27, 2026

By Jeanna Francis

Panama Investigators Search CK Hutchison's Port Offices in Separate Probe Amid Canal Concession Battle

Panamanian prosecutors raided CK Hutchison's local unit amid a dispute over control of key Panama Canal terminals.

Feb 27, 2026

By Jeanna Francis

PBOC Cuts 20% Forex Risk Reserve to Cool Yuan Rally on $1.2T Trade Surplus

China's central bank scrapped its 20% FX risk reserve ratio to temper the yuan's rapid rise driven by a record trade surplus.

Feb 27, 2026

By Jeanna Francis

US Senator Marsha Blackburn Targets Meta And Apple Over Alleged Bias

Senator Marsha Blackburn accused Meta of denial in a youth safety trial and alleged Apple News suppresses conservative outlets.

Feb 27, 2026

By Abhay Maitreya

Asia-Pacific Markets Split as NVIDIA Sell-Off Weighs on Tech; Kospi Hits Record, China Cautious

Asia-Pacific markets traded mixed after a sharp NVIDIA sell-off on Wall Street, with South Korea's Kospi hitting a record high.

Feb 27, 2026

By Jeanna Francis

Paramount Skydance Wins $111B Warner Bros Deal After Netflix Bows Out

Paramount Skydance secured Warner Bros Discovery with a $31-per-share bid after Netflix declined to raise its offer.

Feb 27, 2026

By Jeanna Francis

South Korea Fines Coupang $1.54 Million for Supplier Coercion as Data Breach Scrutiny Deepens

South Korea's FTC fined Coupang 2.19 billion won for pressuring suppliers on pricing and delaying payments.

Feb 26, 2026

By Jeanna Francis

Bank of Korea Holds Rate at 2.5%, Lifts 2026 Growth Outlook Amid Housing, Won Risks

Bank of Korea held its key rate at 2.5% and lifted its 2026 growth outlook to 2% amid housing and currency risks.

Feb 26, 2026

By Jeanna Francis

Asia Shares Edge Higher As Nvidia Results Fail To Impress Investors

Asian shares gained modestly after Nvidia's earnings beat forecasts, though muted market reaction and AI spending concerns weighed on futures.

Feb 26, 2026

By Abhay Maitreya

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