News

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Thu, 14 Aug 2025 18:30:05 GMT

U.S looks for minerals in Pakistan

On Pakistan's Independence Day, the U.S. voiced interest in working with Pakistan on minerals and energy, building on last month's trade deal to boost investment.

Thu, 14 Aug 2025 15:30:11 GMT

Higher for longer rates in Europe

Investors expect euro zone rates to stay higher for longer, with a brief dip in March, as tariff fears ease after the recent US-EU trade deal.

Thu, 14 Aug 2025 12:30:05 GMT

Paramount to boost production

Paramount, after its $8.4B Skydance merger, will boost film output and revamp key brands like Nickelodeon, MTV, and BET instead of phasing out cable networks.

Thu, 14 Aug 2025 09:30:05 GMT

UK economy grows

UK economy grew 0.3% in Q2 2025, beating forecasts of 0.1%, after 0.7% growth in Q1, giving a boost to finance minister Rachel Reeves.

Thu, 14 Aug 2025 06:30:06 GMT

Trump criticizes Goldman's CEO

Trump slammed Goldman Sachs CEO David Solomon for wrongly predicting tariffs would hurt the economy, adding him to a list of bank execs he's publicly criticized.

Thu, 14 Aug 2025 03:30:06 GMT

Less stricter rules for Santander

Santander now lets some couples borrow 24% more for mortgages, raising limits by up to £130K, after easing rules to help more buyers enter the housing market.

Wed, 13 Aug 2025 21:30:05 GMT

Dubai house demand surges

UAE developers are creating in-house contracting firms to boost control, cut costs, and raise profits amid a property boom, moving away from third-party builders.

Wed, 13 Aug 2025 18:30:04 GMT

Manufacturers confidence rise in Japan

Japanese manufacturers confidence rose in August to after a U.S.-Japan trade deal, but caution remains over possible U.S. tariff impacts.

Wed, 13 Aug 2025 15:30:06 GMT

BNY to operate as a custodian in Singapore

Singapore's OpenEden named BNY as manager and custodian for its $300M tokenized U.S. Treasury fund, offering exposure via Treasury bill tokens.

Wed, 13 Aug 2025 12:30:04 GMT

U.S. budget deficit rises

U.S. budget deficit rose 19% in July to $291B as spending hit $630B, outpacing a 2% rise in revenue despite a $21B boost from Trump-era tariffs.

Wed, 13 Aug 2025 06:30:08 GMT

European Union waits on the U.S

The EU says there's no timeline yet for a joint statement or U.S. executive order on car tariffs, though a 15% baseline tariff on European exports is now in effect.

Wed, 13 Aug 2025 03:30:07 GMT

Spirit needs cash

Spirit Airlines warns it may not survive without more cash due to weak travel demand and tough prices. It plans pilot furloughs and may sell assets to raise funds.

Tue, 12 Aug 2025 21:35:04 GMT

U.S. consumer prices rise

U.S. consumer prices rose 0.2% in July, matching forecasts. Annual CPI stayed at 2.7%, but core inflation saw its biggest gain in six months due to import tariffs.

Tue, 12 Aug 2025 21:30:10 GMT

Trump meets Intel CEO

Trump met with Intel CEO Lip-Bu Tan days after urging his exit, calling it "very interesting." Intel shares rose 3% in extended trading.

Tue, 12 Aug 2025 18:30:05 GMT

Ford to make new model T

Ford will invest $5B in EVs, including a low-cost electric pickup, adding or securing 4,000 U.S. jobs in a move it calls the company's "next Model T moment."

Tue, 12 Aug 2025 15:30:05 GMT

Consumer prices to rise in the U.S

U.S. consumer prices likely rose moderately in July, but tariffs may have pushed core inflation to its biggest gain in 6 months, amid BLS data quality concerns.

Tue, 12 Aug 2025 12:30:08 GMT

Tariff truce between U.S and China

The U.S. and China extended their tariff truce by 90 days, delaying higher duties as Trump signed an order pushing them to Nov. 10, easing holiday trade fears.

Tue, 12 Aug 2025 09:30:06 GMT

Australia's central bank cut rates

Australia's central bank cut rates to 3.60%, a 2-year low, citing slower inflation and a looser job market, while signaling caution on further easing.

Tue, 12 Aug 2025 06:30:07 GMT

Paramount to have exclusive UFC rights

Paramount will be the exclusive U.S. home of UFC from 2026 under a $7.7B, 7-year deal with TKO. Shares rose 4.2% in premarket trading.

Tue, 12 Aug 2025 03:30:06 GMT

Nvidia and AMD to pay 15% to the United States

Nvidia and AMD will give 15% of China chip sales to the U.S. government as Nvidia plans to resume H20 chip deliveries after April's sales ban.

Mon, 11 Aug 2025 21:30:05 GMT

Citigroup raises S&P 500 target

Citigroup raised its S&P 500 year-end target to 6,600, citing Trump's tax and spending plans. It's the second hike in two months, echoing other major banks.

Mon, 11 Aug 2025 15:30:07 GMT

SoftBank looks at capital for a payment app IPO

SoftBank has tapped Goldman Sachs, JPMorgan, Mizuho, and Morgan Stanley to prepare a potential U.S. IPO for its Japanese payments app PayPay, sources say.

Mon, 11 Aug 2025 12:30:06 GMT

Billionaire Fannie Mae and Freddie Mac to be merged

Bill Ackman suggests merging Fannie Mae and Freddie Mac to cut mortgage rates and boost efficiency, as Trump eyes their IPO later this year.

Mon, 11 Aug 2025 09:30:04 GMT

Best Buy to expand workforce

Best Buy plans to boost staff at its India tech center by over 40%, growing from 350 to 500–550 as it taps into the country's expanding tech talent pool.

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