News

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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.

Wed, 03 Sep 2025 06:30:07 GMT

UK PM creates new roster

UK PM Keir Starmer reshuffled advisers, bringing in ex-BoE Deputy Minouche Shafik, to boost economic plans ahead of a tough Autumn Budget amid low approval ratings.

Wed, 03 Sep 2025 03:30:06 GMT

Treasury Secretary wants Fed independance

Treasury Secretary Scott Bessent said the Fed should stay independent but criticized its "mistakes" and defended Trump's right to fire Fed Governor Lisa Cook.

Tue, 02 Sep 2025 21:30:05 GMT

Novo Nordisk's Wegovy decreases death risk

Novo Nordisk says Wegovy cut heart attack, stroke, or death risk by 57% vs Eli Lilly's drugs in real-world data, highlighting possible differences among GLP-1 drugs.

Tue, 02 Sep 2025 18:30:04 GMT

Japan's market rises

Japan's markets boom as foreign buyers drive Tokyo stocks to record highs and push 30-year bond yields up, but domestic investors remain largely absent.

Tue, 02 Sep 2025 15:30:04 GMT

Starbucks supplier sees impact tariffs

Swiss coffee machine maker Thermoplan, key Starbucks supplier, faces job risks after U.S. President Trump imposed 39% tariffs on Switzerland over its trade surplus.

Tue, 02 Sep 2025 12:30:10 GMT

Nestlé to have new CEO

Nestlé ousted CEO Laurent Freixe over an affair, naming Philipp Navratil as successor, as the food giant battles falling shares and uneven post-pandemic results.

Tue, 02 Sep 2025 06:30:08 GMT

Tesla's sales drop

Tesla's EU sales fell for an 8th month in August, with weak Model Y demand, rising competition, and backlash over Musk's political ties hurting performance.

Tue, 02 Sep 2025 03:30:04 GMT

Home prices rise in Australia

Australian home prices rose 0.7% in August to a median A$848,858, driven by strong demand and low listings, up from a 0.5% gain in July, Cotality reported.

Mon, 01 Sep 2025 21:30:05 GMT

Spirit files for bankruptcy

Spirit Airlines filed for bankruptcy again, its second in a year, as cash dwindles and losses mount despite a previous reorganization in March.

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.

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