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Home / Business

Business

Market and economic updates.

Deflation Weighs on China's Fast-Moving Consumer Goods MarketBusiness
Jun 17, 2026By Ali Raza Sheikh

Deflation Weighs on China's Fast-Moving Consumer Goods Market

Deflation is weighing on China's FMCG market in 2026, with total spending edging up only 0.9% last year www.caixingloba...

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Nokia Invests $30M in Pennsylvania Chip Packaging for AIBusiness
Jun 17, 2026By Ali Raza Sheikh

Nokia Invests $30M in Pennsylvania Chip Packaging for AI

Nokia announced a $30 million investment to expand chip packaging in Pennsylvania on June 17, 2026, citing surging AI de...

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UK Inflation Holds Steady at 2.8% in June 2026Business
Jun 17, 2026By Ali Raza Sheikh

UK Inflation Holds Steady at 2.8% in June 2026

UK inflation remained stable at 2.8% on June 17, 2026, providing relief to the Bank of England. The steady rate suggests...

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The June 17 Mortgage Check: What Today's Rates Mean for HomebuyersBusiness
Jun 17, 2026By Ali Raza Sheikh

The June 17 Mortgage Check: What Today's Rates Mean for Homebuyers

Mortgage rates on June 17, 2026, reflect the Federal Reserve's ongoing battle to balance inflation control with housing ...

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Tech Titans and Energy Upstarts: Inside the Q2 2026 Earnings BoomBusiness
Jun 17, 2026By Ali Raza Sheikh

Tech Titans and Energy Upstarts: Inside the Q2 2026 Earnings Boom

Tech giants like Microsoft reported massive Q2 revenues, while high-growth upstarts like Atlas Energy Solutions show hug...

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UK Business in 2026: Steel Tariffs, AI Boom, and a World Cup Hospitality SurgeBusiness
Jun 17, 2026By Ali Raza Sheikh

UK Business in 2026: Steel Tariffs, AI Boom, and a World Cup Hospitality Surge

UK businesses face challenges from inflation, steel tariffs, and insolvencies, but find relief in a World Cup hospitalit...

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Global Economy Hits a Speed Bump: Energy Shocks and Inflation Worry ExpertsBusiness
Jun 17, 2026By Ali Raza Sheikh

Global Economy Hits a Speed Bump: Energy Shocks and Inflation Worry Experts

The World Bank and OECD warn that the global economic outlook has weakened due to energy shocks and rising inflation. Th...

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Wall Street's Great Rotation: Dow Hits Record as Investors Flee Tech for FinancialsBusiness
Jun 17, 2026By Ali Raza Sheikh

Wall Street's Great Rotation: Dow Hits Record as Investors Flee Tech for Financials

The Dow Jones hit a record high as investors rotated money out of tech stocks and into financials. June 17 marks a pivot...

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In Unprecedented Move, Two Mayors Join Forces to Build $10 Billion AI Data CenterBusiness
Jun 16, 2026By Ali Raza Sheikh

In Unprecedented Move, Two Mayors Join Forces to Build $10 Billion AI Data Center

In a groundbreaking public-private partnership, two mayors are collaborating to build a massive $10 billion AI data cent...

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Global Capital Floods Chinese Stocks and Bonds as Foreign Investors Return to BeijingBusiness
Jun 16, 2026By Ali Raza Sheikh

Global Capital Floods Chinese Stocks and Bonds as Foreign Investors Return to Beijing

Foreign investors are aggressively returning to Chinese stocks and bonds, driven by attractive valuations and new econom...

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