News

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Fri, 11 Jul 2025 15:30:04 GMT

Tesla's shareholder meeting date set

Tesla sets its annual shareholder meeting for Nov 6, after investors pressed the Elon Musk-led firm to comply with legal obligations and announce a date.

Fri, 11 Jul 2025 12:30:06 GMT

Disney to stream new shows in UK

Disney+ UK will stream ITV hits like "Love Island" & "Mr Bates vs The Post Office," while ITVX gets Disney shows, aiming to boost audiences.

Fri, 11 Jul 2025 09:30:05 GMT

Nvidia reaches $4T market cap

Nvidia hit a $4T market cap, the first company ever to do so, as AI chip demand soars. Shares rose 2.4% to $164, cementing its Wall Street favorite status.

Fri, 11 Jul 2025 06:30:05 GMT

EV credits set to end

Automakers urge buyers to get EVs before the $7,500 U.S. tax credit ends this fall. Tesla warns: "Take delivery by Sept 30, 2025" on its homepage.

Fri, 11 Jul 2025 03:30:04 GMT

ASML ends diversity

ASML dropped inclusion & diversity targets for U.S. staff to comply with local laws, but will keep them in other markets, the chip gear maker said.

Thu, 10 Jul 2025 21:30:06 GMT

Goldman Sachs real estate firm issues $1B in loans

Pretium, managing $60B, issued over $1B in loans to homebuilders in six months, boosting its push into residential real estate since starting the program in January.

Thu, 10 Jul 2025 18:30:04 GMT

Ford recalls cars

Ford recalls 850,000+ U.S. vehicles over faulty fuel pumps that could stall engines, says NHTSA.

Thu, 10 Jul 2025 15:30:04 GMT

Bank of England eases mortgage rules

BoE eases mortgage rules to boost high loan-to-income lending, aiming to help 36,000 more first-time buyers yearly onto the UK housing ladder.

Thu, 10 Jul 2025 12:30:05 GMT

Starbucks revival stalled

Starbucks CEO Brian Niccol, famed for reviving Taco Bell & Chipotle, faces investor doubt as sales lag and no targets emerge 9 months into his tenure.

Thu, 10 Jul 2025 09:30:04 GMT

Apparel imports from China at 22-year low

U.S. apparel imports from China hit a 22-year low in May as tariffs bite, shrinking China's long-held share of the U.S. clothing market.

Thu, 10 Jul 2025 06:40:03 GMT

Q2 earnings await

European investors eye Q2 earnings for key signs of how firms handle trade shocks—and how sturdy their stock prices stay in this new volatile era.

Thu, 10 Jul 2025 03:30:04 GMT

Slovakia Veto's sanctions on Russia

Slovakia keeps veto on new EU sanctions against Russia over Ukraine, with Brussels-Bratislava talks failing to reach a deal, blocking approval again.

Wed, 09 Jul 2025 21:30:04 GMT

Jet fuel demand decreases

Global jet fuel demand will lag pre-COVID levels due to less Chinese travel, strict U.S. visas & efficient jets, weighing on oil demand and prices.

Wed, 09 Jul 2025 18:30:09 GMT

Apple wants F1 broadcast rights

Apple in talks to buy U.S. F1 broadcast rights next year after success of "F1: The Movie".

Wed, 09 Jul 2025 15:30:04 GMT

Merck buys competitor

Merck nears $10B deal to buy Verona Pharma at $107/ADS, its biggest buy since 2023, to boost lung disease portfolio, FT reports.

Wed, 09 Jul 2025 12:30:05 GMT

Trump to impose tariffs on copper

Trump to impose 50% tariff on copper to boost U.S. output; Comex copper futures surge 12% to record high on surprise move.

Wed, 09 Jul 2025 09:30:04 GMT

Starbucks China on the market

Starbucks' China biz draws buyout interest valuing it at $10B. Centurium, Hillhouse, Carlyle & KKR among bidders

Wed, 09 Jul 2025 06:30:05 GMT

Rio Tinto to announce new CEO

Rio Tinto may name a new CEO this month. Chair wants a leader open to big M&A, productivity, and cost cuts. Finalists pitch to the board in London this week.

Wed, 09 Jul 2025 03:30:05 GMT

UniCredit shares rise

UniCredit, Banco BPM shares rose after a report said the EU may force Italy to drop deal conditions. UniCredit sued, with a ruling expected this week.

Tue, 08 Jul 2025 21:30:05 GMT

Novartis approved in Switzerland

Novartis got Swiss approval for Coartem Baby, the first malaria drug for infants. Eight African nations are expected to quickly approve it next.

Tue, 08 Jul 2025 18:30:04 GMT

Japan's auto industry wants tariff cuts

Japan seeks auto tariff cuts in U.S. trade deal after Trump set 25% tariffs from Aug 1. Talks with U.S. Commerce Sec. Lutnick to continue actively.

Tue, 08 Jul 2025 15:30:13 GMT

Ryanair sees strong bookings

Ryanair CEO says summer bookings are strong, with Italy, Greece, Spain, the Balearics, Canaries, and Morocco seeing high demand through August.

Tue, 08 Jul 2025 12:30:05 GMT

Chevron to close Hess deal

Chevron readies to close its $53B Hess deal, prepping severance plans, as it awaits a key court ruling on Exxon's challenge that could block the merger.

Tue, 08 Jul 2025 09:30:04 GMT

Trump hesitant on BRICS tarrifs

Trump won't impose a 10% tariff on BRICS now, but may if they adopt "anti-American" policies, a source says.

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