News

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Mon, 01 Sep 2025 18:30:07 GMT

Intel gets money

Intel amended its CHIPS Act deal, removing project milestones and getting $5.7B in funds early, giving the company more flexibility.

Mon, 01 Sep 2025 15:30:07 GMT

Rolls-Royce denies potential IPO

Rolls-Royce denied a report that it's exploring an IPO for its small nuclear reactor unit, after the FT said it was considering funding options and early talks.

Mon, 01 Sep 2025 09:30:04 GMT

Tesla cuts prices

Tesla cut the price of its Model 3 RWD in China by 3.7% after launching the new long-range variant last month.

Mon, 01 Sep 2025 06:30:10 GMT

HSBC U.S. CEO steps down

HSBC U.S. CEO Lisa McGeough steps down months after taking the role; Jason Henderson named interim head as the bank searches for her successor.

Mon, 01 Sep 2025 03:30:04 GMT

Economy in France grows

France's economy grew 0.3% in Q2, matching forecasts and confirming earlier data, signaling steady momentum for the euro zone's second-largest economy.

Fri, 29 Aug 2025 21:30:04 GMT

Tariff exemption ends in the U.S

The U.S. ended the $800 tariff exemption on imports, raising costs for e-commerce, small businesses, and consumers. A flat $80–$200 duty applies for six months.

Fri, 29 Aug 2025 18:30:03 GMT

Nike to cut corporate staff

Nike will cut under 1% of its corporate staff as CEO Elliott Hill drives a turnaround, boosting shoe lines, retail ties, and store presence to battle competition.

Fri, 29 Aug 2025 15:30:06 GMT

GDP number revised in U.S

The U.S. economy grew faster in Q2, boosted by AI and equipment investments, with higher consumer spending, though import tariffs remain a concern.

Fri, 29 Aug 2025 12:30:04 GMT

YouTube and Fox reaches a deal

YouTube and Fox reached a deal to keep Fox News, Fox Sports, and other Fox channels on YouTube TV. Financial terms were not disclosed.

Fri, 29 Aug 2025 09:30:05 GMT

Fed Governor Faces Legal Battle

A historic legal fight is brewing between President Donald Trump and Federal Reserve Governor Lisa Cook. The confrontation raises questions about the political independence of the central bank and could affect financial markets.

Fri, 29 Aug 2025 06:30:05 GMT

CrowdStrike falls

CrowdStrike shares fall after a weak Q3 revenue forecast, as last year's outage and related discounts continue to impact subscription timing.

Fri, 29 Aug 2025 03:30:05 GMT

BMW CEO sees hurdles in car manufacturing industry

BMW CEO Oliver Zipse warns the auto industry faces a tough shake-up, urging caution as BMW bets big on its revamped electric vehicle lineup.

Thu, 28 Aug 2025 21:30:06 GMT

Nvidia CEO sees future growth

Nvidia CEO Jensen Huang expects AI chip demand to grow into a multi-trillion-dollar market, but shares fell 1.56% on a weak Q3 sales forecast.

Thu, 28 Aug 2025 18:30:11 GMT

Asia boosts U.S. grain imports

Southeast Asian nations plan to boost U.S. grain and oilseed imports under trade deals, reshaping global flows and displacing supply from Australia, Canada, and Russia.

Thu, 28 Aug 2025 15:30:07 GMT

Berkshire Hathaway buys a stake in Mitsubishi

Berkshire Hathaway raised its stake in Japan's Mitsubishi to 10.23% and increased its holding in Mitsui, signaling stronger investment in Japanese trading firms.

Thu, 28 Aug 2025 12:30:10 GMT

GE Aerospace workers strike

Over 600 UAW workers at GE Aerospace plants in Ohio and Kentucky went on strike after contract talks failed, affecting engine production and parts supply.

Thu, 28 Aug 2025 09:30:08 GMT

Nvidia falls on good results

Nvidia shares fell as uncertainty looms over its China business, with sales excluded from forecasts despite a tentative deal with Trump to resume chip exports.

Thu, 28 Aug 2025 06:30:04 GMT

T-Mobile to offer new phone plan

T-Mobile launched its "SuperMobile" plan with satellite connectivity and network slicing, offering faster, more reliable service to attract enterprise clients.

Thu, 28 Aug 2025 03:30:04 GMT

adults fear AI in the UK

Half of UK adults fear AI's impact on jobs, with 62% of 25–34-year-olds most worried, as big firms like BT, Amazon, and Microsoft hint at future job cuts.

Wed, 27 Aug 2025 21:30:05 GMT

Tariffs on India in action

Trump's tariff hike on Indian goods to as high as 50% took effect, escalating trade tensions between the two nations over issues like Russian oil purchases.

Wed, 27 Aug 2025 18:30:05 GMT

Ford to recall vehicles

Ford is recalling over 355,000 U.S. vehicles due to an instrument panel display issue; software updates will be provided by dealers or via over-the-air updates.

Wed, 27 Aug 2025 15:30:03 GMT

Porsche CEO becomes Volkswagen CEO

Porsche has begun searching for a new CEO as Oliver Blume steps down to focus on leading Volkswagen, addressing shareholder concerns over his dual role.

Wed, 27 Aug 2025 12:30:04 GMT

Norway's wealth fund moves away Caterpillar and Israel

Norway's $2T wealth fund divested from Caterpillar and five Israeli banks on ethical grounds, citing concerns over their business practices.

Wed, 27 Aug 2025 09:30:04 GMT

AT&T buys new licences

AT&T will buy wireless spectrum licenses from EchoStar for $23B to strengthen its network after FCC and Trump urged a deal.

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