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LN24 > Blog > business news
25
Jul

India to Continue Engaging With US on Trade Deal Despite New Tariff Measures

  • LN24 / 2 days
  • 0
  • 2 min read

India has reaffirmed its commitment to pursuing a bilateral trade agreement with the United States despite the latest round of U.S. tariff measures affecting imports from several countries, including India. Officials said New Delhi remains focused on dialogue and believes continued negotiations are the best path toward strengthening economic ties. India Stays Committed to Trade […]

21
Jul

JPMorgan, Other U.S. Banks Set to Help Finance Japan’s $550 Billion U.S. Investment Plan

  • LN24 / 6 days
  • 0
  • 4 min read

Several of America’s largest financial institutions, including JPMorgan Chase, are expected to play a central role in financing Japan’s proposed $550 billion investment initiative in the United States, according to sources familiar with the matter. The ambitious plan is designed to strengthen economic ties between the two allies, boost strategic industries, and support large-scale infrastructure […]

16
Jul

United Airlines Warns of Nearly $6 Billion Fuel Cost Increase

  • LN24 / 2 weeks
  • 0
  • 3 min read

United Airlines has warned that soaring jet fuel prices could add nearly $6 billion to its fuel bill this year, highlighting the growing financial pressure on the global aviation industry as geopolitical tensions continue to drive volatility in energy markets. Despite the sharp increase in operating costs, the carrier remains optimistic about its earnings outlook, […]

14
Jul

Bank of America Profit Climbs as Trading Business Delivers Strong Second-Quarter Performance

  • LN24 / 2 weeks
  • 0
  • 2 min read

Bank of America reported stronger second-quarter earnings after robust trading activity and resilient consumer banking helped offset continued economic uncertainty, underscoring the strength of the banking sector amid volatile global markets. The U.S. banking giant said its quarterly profit increased from a year earlier, with the gains driven largely by higher revenue from equities and […]

14
Jul

Tower Semiconductor to Invest $3 Billion in Japan with Government Support to Expand AI Chip Production

  • LN24 / 2 weeks
  • 0
  • 3 min read

Israeli chipmaker Tower Semiconductor has announced plans to invest approximately $3 billion to significantly expand its semiconductor manufacturing operations in Japan, backed by $1 billion in grants from the Japanese government, as demand for artificial intelligence (AI) and advanced data center technologies continues to surge. The investment marks one of the largest recent foreign-backed semiconductor […]

Amazon Lays Off 14,000 Corporate Workers Amid AI-Fueled Restructuring
30
Oct

Amazon Lays Off 14,000 Corporate Workers Amid AI-Fueled Restructuring

  • LN24 / 9 months
  • 0
  • 2 min read

Tech giant Amazon has announced plans to lay off approximately 14,000 corporate employees as part of a sweeping effort to streamline operations and reduce costs amid a company wide restructuring. The layoffs will affect several divisions, including Amazon’s books, devices, and services units, marking one of the largest corporate job cuts in the company’s history. […]

15
May

Qatar and Boeing Sign Historic $200 Billion Jet Deal

  • LN24 / 1 year
  • 0
  • 2 min read

In a landmark aviation and trade agreement, Qatar has signed a $200 billion deal with U.S. aerospace giant Boeing to purchase 160 new jets for Qatar Airways, making it the largest aircraft order in Boeing’s history. The deal was formally signed during U.S. President Donald Trump’s state visit to Doha, in a high-profile ceremony attended […]

Toyota Forecasts 20% Profit Decline Amid U.S. Tariffs and Currency Headwinds
08
May

Toyota Forecasts 20% Profit Decline Amid U.S. Tariffs and Currency Headwinds

  • LN24 / 1 year
  • 0
  • 2 min read

Toyota Motor Corporation has projected a 20% drop in its annual profit, citing the effects of U.S. trade tariffs and a weakening dollar, which have significantly impacted its North American operations. The world’s largest automaker by volume expects its operating income to fall to 3.8 trillion yen ($25.2 billion) in the fiscal year ending March […]