Meta has acquired just under 3% of EssilorLuxottica in a deal valued at approximately EUR 3 billion, deepening its commitment to smart glasses. The move strengthens Meta’s partnership with the Ray-Ban ...

Chinese agentic AI startup Manus, developed by Butterfly Effect, confirmed on July 8 it is adjusting business teams to improve operational efficiency, following reports of layoffs and staff relocation ...

US President Donald Trump has announced 25% tariffs on goods from Japan and South Korea, and up to 40% on imports from a dozen other nations, effective August 1. The move, framed as an economic ...

Inflation is slowing across Southeast Asia, with Thailand, Malaysia, and Singapore posting multiyear lows, raising concerns about weakening demand. Economists warn of mounting deflationary pressure ...

Japan’s Rakuten has acquired B2BTrade, an Asian B2B e-commerce platform, for USD 500 million to expand its presence in the region’s growing B2B market. The deal aims to combine Rakuten’s B2C expertise ...