News

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Mon, 13 Oct 2025 18:30:04 GMT

Gold moves higher

Gold hit a record $4,078.05 on safe-haven demand amid U.S.-China tensions and Fed rate cut hopes; silver also surged. Spot gold last at $4,067.79.

Mon, 13 Oct 2025 15:30:06 GMT

Warner Bros reject takeover

Warner Bros Discovery has rejected Paramount Skydance's recent takeover offer of around $20 per share, calling the bid too low, according to sources.

Mon, 13 Oct 2025 12:30:06 GMT

Qualcomm sees probe in China

Qualcomm faces China antitrust probe for not informing regulators about its June acquisition of Israel's Autotalks, violating disclosure rules.

Mon, 13 Oct 2025 09:30:17 GMT

Carmakers in trial in UK

Carmakers face UK trial as 1.6M drivers claim they used illegal defeat devices to cheat diesel tests, echoing VW's 'dieselgate' scandal.

Mon, 13 Oct 2025 06:30:03 GMT

SoftBank searches for a margin loan

SoftBank is seeking a $5B margin loan using Arm shares to fund more investments in OpenAI.

Mon, 13 Oct 2025 03:30:05 GMT

China doubles down on import rules

China is strictly enforcing import rules on U.S. chips, including Nvidia AI processors, with customs checks at ports to boost its own semiconductor production.

Fri, 10 Oct 2025 21:30:04 GMT

Germany's savings bank partner up with US banks

Germany's savings banks partner with U.S. firm BNY Mellon to handle international transfers up to €3,000, aiming to compete with low-cost rivals amid sovereignty concerns.

Fri, 10 Oct 2025 18:30:03 GMT

Spirit Airlines to rebrand

Spirit Airlines move upscale failed to fix issues like rising costs and tough competition. After bankruptcy in March, it rebranded but filed again within six months.

Fri, 10 Oct 2025 15:30:09 GMT

Ford to end EV subsidies

Ford ends plan to offer $7,500 EV lease tax credit after subsidy expired Sept 30 but says it will keep competitive lease pricing, the company said Thursday.

Fri, 10 Oct 2025 12:30:05 GMT

Stellantis shipment volume rises

Stellantis Q3 global shipments rose 13% to 1.3M units, with gains in North America (+35%) and Europe (+8%), but down 3% in South America.

Fri, 10 Oct 2025 06:30:04 GMT

GE's new application in high demand

GE's FlightPulse app now has over 60,000 commercial pilot users, up from 40,000 last year, and is expected to exceed 70,000 by year-end, boosting safety and efficiency.

Fri, 10 Oct 2025 03:30:04 GMT

Mexico's annual inflation rises

Mexico's annual inflation rose to 3.76% in September, slightly below forecasts but up from 3.57% in August, staying within the central bank's target range.

Thu, 09 Oct 2025 21:30:04 GMT

U.S. approve Nvidia chip sales

The U.S. approved billions in Nvidia chip exports to the UAE under a recent AI deal, issuing licenses through the Commerce Department, Bloomberg reported.

Thu, 09 Oct 2025 18:30:05 GMT

Porsche sales fall

Porsche's global sales fell 6% in Q3 2025, with a 26% drop in China. The company blamed tough market conditions and rising competition for the decline.

Thu, 09 Oct 2025 15:30:05 GMT

HSBC shares fall

HSBC shares fell 6% after announcing a $13.6B deal to buy out minorities in Hang Seng Bank, raising investor questions about timing and valuation.

Thu, 09 Oct 2025 12:30:06 GMT

Jamie Dimon warns investors

JPMorgan CEO Jamie Dimon warned of a possible major U.S. stock market correction in 6 months to 2 years, citing rising risks and global uncertainty.

Thu, 09 Oct 2025 09:30:04 GMT

Tesla launches cheaper Model Y

Tesla launched cheaper Model Y and Model 3 versions starting at $39,990 and $36,990, but some say prices are still too high to attract more budget buyers.

Thu, 09 Oct 2025 08:40:04 GMT

Ferrari to limit EV car fleet

Ferrari will keep petrol and hybrid cars central to its lineup, with EVs making up only 20% by 2030, as it takes a cautious, client-focused approach to electrification.

Thu, 09 Oct 2025 06:30:06 GMT

Coca-Cola to introduce minicans

Coca-Cola will launch 7.5oz mini cans in U.S. stores next year and glass Coke bottles with cane sugar later this year to appeal to health- and budget-conscious buyers.

Thu, 09 Oct 2025 03:35:05 GMT

SoftBank to buy ABB robotics

SoftBank will buy ABB's robotics unit for $5.4B, marking CEO Masayoshi Son's big move into robotics as the group ramps up investment after a slowdown.

Thu, 09 Oct 2025 03:30:07 GMT

U.S. lawmakers wants limitation of chip tool sales for China

U.S. lawmakers urge wider bans on chip gear sales to China after a report found Chinese firms bought $38B in tools despite gaps in U.S., Japan, and Dutch rules.

Wed, 08 Oct 2025 21:30:04 GMT

Intel to present new laptop chip

Intel will reveal details on its Panther Lake laptop chip, its first built on the new 18A process, aiming to regain market share lost to AMD.

Wed, 08 Oct 2025 18:30:03 GMT

Amazon to invest in Belgium

Amazon plans to invest €1 billion in Belgium from 2025–2027 to build infrastructure and boost ties with Bpost and local small businesses.

Wed, 08 Oct 2025 15:30:04 GMT

Turkey to switch energy importers

By 2028, Turkey could meet over half its gas needs via local output and U.S. imports, reducing reliance on Russian and Iranian energy

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