U.S. GDP grew at 2.3% in Q4 2024, down from 3.1% in Q3, driven by higher consumer and government spending, offset by a decrease in investment.
Google plans employee cuts in its People Operations and cloud units, offering voluntary buyouts to U.S. staff, as it focuses on AI infrastructure and cost-cutting.
Trump signals a potential UK-US trade deal with no tariffs, praising Starmer's efforts. Meanwhile, Trump plans 25% tariffs on Mexico, Canada, and 10% on China.
BoE's Ramsden calls for a gradual approach to rate cuts due to inflation risks and weak growth, but warns of sharper cuts if inflation exceeds targets.
Vietnam agrees to support the repatriation of detained nationals and handle deportation requests to avoid U.S. tariffs and visa sanctions, protecting its export-driven economy.
China's banks are lowering U.S. dollar deposit rates to curb dollar hoarding and support the weakening yuan, as nearly $1 trillion in deposits have built up.
The U.S. revoked Chevron's license to operate in Venezuela, potentially leading to new export deals. Other companies like Repsol and Eni also hold U.S. licenses.
Trump is ramping up trade tensions with new tariff threats: 10% on China imports starting March 4, and 25% on EU, Canada, and Mexico starting April 2.
Hedge funds are buying China property stocks at low prices, betting on a recovery. Positive signs, like rising home prices and China Vanke's recapitalization, fuel optimism.
Japan's births hit a record low of 720,988 in 2024, marking a 9th year of decline. With 1.62 million deaths, the population continues to shrink rapidly.
Volkswagen must pay £21.5m in compensation and a £5.4m fine for unfairly treating 110,000 UK customers, including repossessing cars from vulnerable people.
Rolls-Royce resumes dividends after strong 2024 results, paying 6p per share and launching a £1bn share buyback. Earnings rose 50%, with profit hitting £2.5bn.
Trump proposed replacing the EB-5 visa with a "gold card" for $5 million, offering a new path to U.S. citizenship for foreign investors.
Amazon will stream 21 New York Yankees games on Prime Video for the 2025 season, free for members in select areas, including NY, NJ, and parts of PA.
New U.S. single-family home sales dropped 10.5% in January to a rate of 657,000 units, as high mortgage rates sidelined buyers, marking a soft housing market start.
Bank of Ireland will cut jobs as part of a digital efficiency drive, despite a €1.9bn profit in 2024. CEO says job cuts are needed to control rising operating costs.
Apple shareholders voted to keep its diversity, equity, and inclusion policies, rejecting efforts by a conservative group to scrap the program at the annual meeting.
Trump launched a probe into copper imports on Tuesday, considering new tariffs to boost U.S. production of the metal vital for electric vehicles, military, and consumer goods.
Japan Post Holdings plans to sell shares in Japan Post Bank worth around 600 billion yen ($4.02 billion), reducing its stake below 50%, sources said.
Aston Martin will cut 5% of its global workforce, or 170 employees, to reduce costs and support future investments, according to a company statement.
Bitcoin hit a 3-month low below $90,000 on Tuesday, as U.S. tariff concerns and last week's $1.5 billion Bybit exchange ether hack shook investor confidence.
Habanos reports record $827M in sales for 2024, driven by strong demand in China and Asia, with revenue up 16% as wealthy smokers boost luxury cigar demand.
Unilever CEO Hein Schumacher steps down after less than two years, replaced by CFO Fernando Fernandez, following weak earnings and restructuring efforts.
Nvidia's AI chip demand will be in focus as investors question if its pricey chips are essential, following claims that China's DeepSeek offers cheaper AI models.