The World Bank expects commodity prices to rise to levels last seen in 2022, affecting not only oil and gas but also other raw materials, according to Bloomberg. Their global prices could increase by an average of 16 percent due to the war in Iran and related disruptions to supplies of oil, metals and fertilisers, World Bank experts say. As for energy commodities, the World Bank forecasts a 24 percent rise in prices. Brent crude, for example, is now expected to average $86 per barrel, up from the previous forecast of $60.

BYD shares rose on Wednesday after China’s top electric vehicle maker clocked slightly better-than-feared earnings in the first quarter, while improving exports also offset steep declines in its domestic market.

Strategic withdrawals are rarely irreversible, and Samsung Electronics is unlikely to treat its current repositioning in China as a definitive exit.

One in four retail technology providers believe artificial intelligence (AI) is overhyped or actively adding to confusion, according to new research from retail and hospitality technology PR agency ASPR.

Verizon raised its annual profit forecast on Monday after revamped customer offers and bundled plans led to surprise wireless subscriber additions in the first quarter.

Korea will expand exports to Vietnam to include the country’s entire meat market, a step up from Cheong Wa Dae’s announcement last week that the two nations had reached a quarantine agreement for Korean poultry exports to the Southeast Asian economy.

Chinese ultra-fast fashion platforms Temu and Shein are rapidly reshaping Germany’s retail landscape, with a new report warning of significant economic losses, regulatory gaps, and pressure on domestic businesses.

NVIDIA Corporation (NASDAQ: NVDA) has achieved a milestone that no chip company has ever reached before.

As electric vehicles transition from early adoption to mass market reality, charging time and infrastructure have emerged as the second most searched and critically evaluated theme by consumers.

Bitcoin has edged lower after briefly moving close to the $80,000 level on Tuesday.