Business

Economy, markets, and corporate news

3 articles

Global Markets Rally as Central Banks Signal End of Rate-Hike CycleBusiness

Global Markets Rally as Central Banks Signal End of Rate-Hike Cycle

Stock markets surged worldwide after the Federal Reserve and European Central Bank both hinted that their aggressive interest-rate hiking campaigns are drawing to a close.

Sarah Mitchell May 13, 2026
3 min read 27
Apple Posts Record Quarterly Revenue Driven by Services GrowthBusiness

Apple Posts Record Quarterly Revenue Driven by Services Growth

Apple reported its highest-ever quarterly revenue of $124 billion, with its services division โ€” including the App Store, iCloud, and Apple TV+ โ€” growing 16% year-on-year.

May 10, 2026
3 min read 32
Tesla Slashes EV Prices Globally in Push to Defend Market ShareBusiness

Tesla Slashes EV Prices Globally in Push to Defend Market Share

Tesla cut prices across its entire lineup by up to 18% in key markets, reigniting the electric-vehicle price war as competition from Chinese manufacturers intensifies.

James Okafor May 6, 2026
3 min read 22