Solar energy made up 84% of new U.S. power generation in 2024, adding 50 GW, the largest growth in two decades, but faces challenges with new energy policies.
Japan's finance minister said rising bond yields will have mixed effects on the economy, easing concerns after the 10-year yield hit a 17-year high of 1.575%.
Tesla stock dropped 15% after UBS lowered its price target to $225, citing weaker demand for Model 3 and Model Y, and reducing Q1 delivery forecasts.
Volkswagen expects a 5.5-6.5% operating margin in 2025, down from 5.9% in 2024, citing weak demand, high costs, and trade tensions. Shares down 40% in 4 years.
Ontario imposes a 25% surcharge on electricity exports to protest Trump's tariffs, with Premier Ford vowing to protect the province until tariffs are lifted.
Trump's tariffs have caused a $4 trillion drop in the S&P 500, sparking economic uncertainty with shifting policies affecting businesses and investors.
DHL plans to cut 8,000 jobs in 2025 at its Post & Parcel Germany division due to declining letter volumes and rising costs, following a 5.6% drop in earnings.
IMF's Kristalina Georgieva said global policymakers have made progress in tackling inflation but still need to fully control it, likening it to a genie still partly out of the bottle.
Trump will exempt automakers from 25% tariffs on Canada and Mexico for a month if they follow trade rules and is open to other product exemptions.
China plans to raise its fiscal deficit to 4% of GDP, the highest since 2010, amid trade tensions and economic challenges, with increased bond sales for stimulus.
Bayer AG forecasts a third year of falling profit due to US litigation, low agriculture prices, and competition for key medicines, with core earnings expected to drop.
Barclays and HSBC saw top banker pay surge over 50%, with some earning up to €20M in 2024, following the end of the UK banker bonus cap.
The US Securities and Exchange Commission' clarifies that meme coins are not considered securities, providing regulatory clarity for these digital assets.
Global house prices dropped 1.6% YoY in Q3 2024. Prices rose in advanced economies (+0.5%) but fell in emerging markets (-3.1%), with sharp drops in China and Türkiye.
The UK CMA fined HSBC, Citi, RBC, and others over £100m for sharing sensitive UK bond info via chatrooms from 2009-2013. RBC received the largest fine.
Japan's lower house approved a ¥115.2 trillion budget for the year starting in April, a key step for PM Shigeru Ishiba ahead of the summer election.
With the March 14 deadline approaching, Congress is far from a deal to avoid a shutdown, complicated by Trump's actions, including suspending foreign aid and firing workers.
Former Barclays CEO Jes Staley will appeal his proposed ban from the UK finance industry, linked to his past ties with disgraced financier Jeffrey Epstein.
EU pharma industry urges the Commission to slow down the Critical Medicines Act, fearing rushed drafting ahead of the March 11 deadline, bypassing proper evaluation.
Foreign workers boost Spain's economy, helping it grow 3% last year, outpacing the eurozone and US.
JPMorgan sets aside $50B to expand in the private credit market, joining rivals like Citigroup and Wells Fargo as the sector is expected to grow to $3T by 2028.
Trump announced new tariffs on agricultural imports starting April 2, saying U.S. farmers will benefit as foreign products can't compete with local goods.
Japanese government bond yields surged Thursday, with the 10-year hitting its highest since 2009, amid a global bond sell-off and rising U.S. treasury yields.
Disney plans to cut about 6% of its workforce at ABC News and Disney Entertainment Networks, affecting under 200 staff, due to declining TV audiences.