News

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Mon, 08 Sep 2025 18:35:04 GMT

Majority of EU carmakers to meet carbon targets

All major EU carmakers except Mercedes are set to meet 2025-27 carbon targets, driven by rising EV sales, says Transport & Environment report.

Mon, 08 Sep 2025 18:30:05 GMT

Standard Chartered sees rate cuts

Standard Chartered now expects the Fed to cut rates by 50 bps this month after weak August jobs data showed slowing growth and unemployment at 4.3%.

Mon, 08 Sep 2025 15:30:11 GMT

Trump to expand workplace raids

Trump admin to expand immigration raids after Hyundai Georgia arrests, with border chief Tom Homan vowing tougher workplace enforcement.

Mon, 08 Sep 2025 12:30:04 GMT

ASML to invest in AI

ASML will invest €1.3B in Mistral AI's €1.7B raise, becoming top shareholder and gaining a board seat to boost Europe's tech sovereignty.

Mon, 08 Sep 2025 09:30:04 GMT

Broadcom sees strong growth in 2026

Broadcom secures $10B AI orders, sees strong 2026 growth. CEO Hock Tan, 73, commits to 5 more years. Shares jump 4% as investors back his leadership.

Mon, 08 Sep 2025 06:30:05 GMT

Trump to tariff semiconductor production outside of U.S.

Trump announced tariffs on semiconductors from firms not moving production to the U.S., sparking market volatility and global trade concerns.

Mon, 08 Sep 2025 03:30:07 GMT

Airbus delivers over 60 planes

Airbus delivered 61 jets in August, totaling 434 for Jan–Aug, down 3% YoY, and confirmed a 90-aircraft order from lessor Avolon.

Fri, 05 Sep 2025 21:30:08 GMT

BMW CEO comments combustion engine ban

BMW CEO Oliver Zipse calls EU's 2035 combustion engine ban a "big mistake," urging focus on full supply chain emissions, not just tailpipe rules.

Fri, 05 Sep 2025 18:30:08 GMT

Paramount to implement 5-day office return

Paramount CEO David Ellison mandates 5-day office return Jan 2026, offers buyouts, with major layoffs looming as firm targets $2B in cost cuts.

Fri, 05 Sep 2025 12:30:08 GMT

Japan to buy LNG from U.S.

Japan pledges $7B yearly U.S. energy buys, eyes Alaskan LNG deal. U.S. to keep lowest tariffs on Japanese drugs, semiconductors under new trade pact.

Fri, 05 Sep 2025 09:30:10 GMT

Citigroup gives wealth to BlackRock to manage

Citigroup will transfer $80 billion in client assets to BlackRock, outsourcing investment management to simplify its core wealth management operations.

Fri, 05 Sep 2025 06:30:06 GMT

T-Mobile sees growth revenue

T-Mobile projects $400M more in service revenue this quarter as it integrates customers from its newly acquired rival, UScellular, after the deal was approved.

Fri, 05 Sep 2025 03:30:06 GMT

GM reduces EV output

GM is cutting EV output, halting production of two electric Cadillacs in December, as the Trump administration pulls federal support for green cars.

Thu, 04 Sep 2025 21:30:06 GMT

UK bank shares fall

UK bank shares lost £6.4bn after calls for a windfall tax spooked investors, with NatWest, Lloyds, Barclays & HSBC all sliding on fresh budget fears.

Thu, 04 Sep 2025 18:30:06 GMT

India decreases taxes to boost demand

India slashed taxes on soaps, small cars & other goods to boost demand amid U.S. tariff pressures, FM Sitharaman said after GST panel's approval.

Thu, 04 Sep 2025 15:30:08 GMT

New Netflix update

Netflix updated its "Moments" feature on mobile, letting users clip, save & share scenes. The rollout ties in with season 2 of a hit show.

Thu, 04 Sep 2025 12:30:04 GMT

Job openings hit a 10-month low

US job openings hit a 10-month low in July, with more jobseekers than jobs for the first time since COVID, boosting Fed rate cut expectations.

Thu, 04 Sep 2025 09:30:05 GMT

Google must pay for privacy violation

A jury ordered Google to pay $425M for tracking users' data even after they turned off the Web & App Activity setting, violating privacy promises.

Thu, 04 Sep 2025 03:30:05 GMT

Disney to pay $10 million settlement

Disney will pay $10M to settle FTC claims it let children's data be collected on YouTube without parental consent, the agency confirmed Tuesday.

Wed, 03 Sep 2025 21:30:04 GMT

OPEC+ to see higher oil output in the future

OPEC+ may raise oil output at Sunday's meeting, aiming to regain market share by unwinding 1.65M barrels/day of cuts, over a year ahead of schedule

Wed, 03 Sep 2025 18:30:05 GMT

Japan's service sector expands

Japan's service sector growth slowed in August, with the PMI easing to 53.1 from 53.6, though domestic demand stayed strong despite the first job cuts in nearly two years.

Wed, 03 Sep 2025 15:30:05 GMT

Banks win bond price case

A U.S. judge dismissed a lawsuit accusing 10 banks of rigging bond prices, after the original judge stepped down due to a conflict of interest.

Wed, 03 Sep 2025 12:30:05 GMT

Kraft Heinz to split

After years of suggestions, Kraft Heinz agreed to split into two simpler companies to boost stock prices, a growing trend among food & beverage conglomerates.

Wed, 03 Sep 2025 09:30:04 GMT

SAP to invest in Europe's sovereign cloud

SAP will invest €20B over 10 years to boost Europe's sovereign cloud, offering IaaS and on-site options to keep customer data within the EU and meet GDPR rules.

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