Economy

A fire assault drill by North Korean rocket artillery units at an undisclosed location in North Korea in March 2023 in this photo released by North Korea’s Korean Central News Agency (KCNA). Around 6,000 of these units are located in range of South Korean population centers.KCNA | ReutersNorth Korea’s missile launches in the past month… […]

Danish biotech Zealand Pharma is targeting the “next generation” of weight loss drugs as competitors pile into a market dominated by heavyweights Novo Nordisk and Eli Lilly . CEO Adam Steensberg told CNBC Thursday that early-stage trials of its experimental obesity injection point to higher-quality weight loss — with reduced muscle loss and fewer side effects […]

After a decade of unfulfilled promises about driverless vehicles, Tesla CEO Elon Musk hyped the company’s Cybercab concept on Thursday night, showing off a low, silver two-seater with no steering wheels or pedals. Rolling up to the stage in a Cybercab almost an hour after the company’s “We, Robot” event was supposed to begin, Musk […]

Alexander Spatari | Moment | Getty Images LONDON — The U.K. economy returned to growth in August following two consecutive months of stagnation, providing a slight boost as the Labour government prepares to deliver its first budget later this month. The economy grew 0.2% on a month-on-month basis, flash figures published by the Office for […]

Russia’s President Vladimir Putin visits Uralvagonzavod, the country’s main tank factory in the Urals, in Nizhny Tagil on February 15, 2024. Ramil Sitdikov | Afp | Getty Images Russia’s war-orientated economy and plans for unprecedented military spending risk deepening major imbalances within the government’s finances, analysts say. The Russian government, under Prime Minister Mikhail Mishustin […]

China’s Ministry of Finance, pictured here in Beijing in 2021, is refunding taxes and cutting fees to support economic growth. Yan Cong | Bloomberg | Getty Images Investors are on tenterhooks as Beijing prepares to deliver fresh policies over the weekend that could jumpstart its economy. China’s Finance Minister Lan Fo’an is set to hold […]

India’s economy could take a multibillion dollar hit after President Donald Trump raised tariffs on Indian goods to 50% — one of thehighest levieson any trading partner — over objections to the South Asian country’s oil trade with Russia. Trump had previously imposed tariffs of 25% on Indian goods due to the country’s high trade […]

Doordash shares climbed about 8% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter. Here’s how the company did compared to analysts’ estimates based on LSEG’s consensus: Earnings per share: 65 cents vs. 44 cents expected Revenue: $3.28 billion vs. $3.16 billion expected Revenue jumped […]

U.S. President Donald Trump speaks during an event with Apple CEO Tim Cook in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump said Wednesday he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that […]

The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park. Houston Chronicle/hearst Newspapers | Hearst Newspapers | Getty Images Firefly Aerospace priced shares in its IPO at $45 on Wednesday, above its expected range. The Texas-based rocket maker will […]