China's exports rose 23% in U.S. dollar terms in July compared to a year earlier, surpassing analysts' expectations of 22.2%. Although growth slowed from June's 27% surge, strong global demand for high-tech goods supported exports. Imports increased by 27.5%, slightly below forecasts and down from June's 36% jump. The trade surplus narrowed to $112.5 billion from $125.6 billion in June but still exceeded estimates, highlighting ongoing trade imbalances. Analysts expect continued strong export performance in Q3 amid upcoming trade talks with the U.S. and EU focused on balancing trade relations.
TPC Group has agreed to be acquired by ENEOS Holdings, which will take over its petrochemical and terminal operations in Texas and Louisiana. This acquisition aims to strengthen ENEOS's position in the petrochemical C4 value chain and support continu...
Genel Energy has turned down a £202 million cash offer from Norwegian rival DNO, which proposed 69p per share, a 38% premium over Genel's recent price. DNO made the bid public after rejection, increasing pressure on Genel's board to negotiate. The of...
JD Sports has appointed Peter Agnefjäll as chair of the board effective 1 September 2026, succeeding interim chair Darren Shapland, who will remain on the board as an independent director. Agnefjäll brings extensive international retail leadership ex...
Bitcoin exchange-traded funds (ETFs) attracted $750 million in inflows while large Bitcoin holders, known as whales, added $1.2 billion worth of BTC, according to a recent market report. This simultaneous demand from both retail ETF investors and lar...
Figma reported a strong Q2 with 48% year-over-year revenue growth to $370.1 million, surpassing expectations. The company achieved an exceptional net dollar retention rate of 136% and gross margins of 85%, fueled by AI-driven features and credit mone...
