Business

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Olivia Rodrigo Drops New Single ‘Drop Dead’ and Makes Surprise Coachella Appearance

Olivia Rodrigo releases her new single 'Drop Dead' and performs it live at Coachella, signaling a new romantic direction for her upcoming album.

Trump Organization Eyes Tbilisi Skyline with Ambitious New Skyscraper Project

The Trump Organization is planning a new luxury skyscraper in Tbilisi, Georgia, featuring a hotel and residences, as part of its international expansion strategy.

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Judge Halts Nexstar-Tegna Merger Amid Antitrust Fears

Federal judge blocks Nexstar-Tegna merger over antitrust concerns, halting the $6.2 billion deal pending a trial. State AGs and DirecTV celebrated the ruling.

Alibaba Refocuses on Core Businesses Amid Internal Integration and AI Push

Alibaba Group is refocusing its operations by fostering internal collaboration across its various business units and emphasizing core strategic priorities, particularly in e-commerce and...

Global Tungsten Industry Faces Shake-Up as China Tightens Export Controls

Tungsten producers in developed countries, especially those tied to the defence sector, are facing urgent supply chain disruptions after China abruptly halted exports of...

Nvidia to Launch Downgraded H20 AI Chip in China Amid Export Curbs

Nvidia is preparing to launch a downgraded version of its H20 artificial intelligence chip in China within the next two months, in response to...

Asia’s Wealthy Shift Investments Away from U.S. Amid Tariff Uncertainty

Some of Asia’s wealthiest families are significantly reducing their exposure to U.S. investments, citing increased unpredictability following President Donald Trump's tariff policies. One major...

Bitcoin Surges Past $100,000 as U.S.-UK Trade Deal Calms Market Fears

Bitcoin soared above the $100,000 mark on Thursday for the first time since early February, propelled by renewed investor optimism following a significant trade...

China’s April Export Growth Surpasses Expectations Amid Tariff Tensions

China’s exports in April outperformed expectations, driven by a rush from overseas manufacturers to secure goods ahead of a looming U.S. tariff deadline. Outbound...

Oil Prices Rise on Trade Optimism and Geopolitical Tensions

Oil prices edged higher on Friday, building on a 3% surge from the previous session, as easing trade tensions between the United States and...

Mitsubishi Heavy Projects Profit Growth Despite Tariff Risks and Missed Estimates

Mitsubishi Heavy Industries is forecasting a 9.6% increase in operating profit for the fiscal year ending March 2026, driven by strong demand in the...

China’s Soybean Imports Drop to Decade Low Amid Delays and Trade Tensions

China’s soybean imports in April fell to their lowest level in a decade, reaching just 6.08 million metric tons—a 29.1% drop compared to the...

Commerzbank Posts Strong Quarterly Profit, Fending Off UniCredit Takeover

Commerzbank has posted a nearly 12% rise in net profit for the first quarter, reaching 834 million euros ($936 million), surpassing the forecast of...

China Confident in Managing U.S. Trade Issues Amid Ongoing Tariff Disputes

China has expressed full confidence in its ability to handle ongoing trade issues with the United States, according to Vice Foreign Minister Hua Chunying....

IAG to Order 53 New Long-Haul Aircraft from Airbus and Boeing

IAG, the parent company of British Airways, has announced plans to place an order for 53 new long-haul aircraft from Airbus and Boeing. The...

Nippon Steel Reports Decline in Net Profit Amid Challenging Year

Nippon Steel, Japan's leading steelmaker, reported a net profit of 350.2 billion yen ($2.41 billion) for the fiscal year ending in March, representing a...

Investors Shift Focus from U.S. to Asian Equities Amid Tariff Concerns

Investors are shifting their focus from U.S. stocks to Asian equity funds, as the Trump administration's tariffs create uncertainty over the future growth of...

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