News

Tue, 21 Oct 2025 21:30:04 GMT

U.S. farmers do not approve beef imports from Argentina

U.S. farmers slammed Trump's idea to import more Argentine beef to cut record prices, after losing soybean sales to Argentina and a $20B aid deal with it.

Tue, 21 Oct 2025 18:30:05 GMT

Argentina bailout needs collateral

U.S. banks, including JPMorgan and Goldman Sachs, are wary of lending $20B to Argentina without guarantees, despite Treasury efforts to back the plan.

Tue, 21 Oct 2025 15:30:04 GMT

Elon Musk's compensation is not welcomed

Glass Lewis urged Tesla shareholders to reject Elon Musk's $1T pay package, echoing ISS's call against what could be the largest CEO compensation ever.

Tue, 21 Oct 2025 12:30:04 GMT

Goldman Sachs sees risk in rare earth

Goldman Sachs warns of rising risks to rare earth supply chains as China tightens export curbs, adding 5 elements and stricter rules before a Trump-Xi summit.

Tue, 21 Oct 2025 09:30:04 GMT

Home prices in China fall

China's new home prices fell at the fastest rate in 11 months, deepening the property slump and pressuring policymakers to boost support for economic growth.

Tue, 21 Oct 2025 06:30:06 GMT

Amazon recovers from outage

Amazon's AWS cloud faced a major outage, disrupting sites like Snapchat and Reddit. It's the worst internet disruption since 2024's CrowdStrike tech failure.

Tue, 21 Oct 2025 03:30:05 GMT

BNP Paribas shares fall

BNP Paribas shares fell 10% after a U.S. jury ruled it aided Sudan's genocide by violating sanctions, ordering the bank to pay $20.5M to victims.

Mon, 20 Oct 2025 21:30:06 GMT

Bank of Japan rate cut decision nears

BOJ's Ueda may delay a rate hike amid global risks and U.S.-China tensions, but resilient growth gives room for a possible near-term move if the board leans hawkish.

Mon, 20 Oct 2025 18:30:04 GMT

China's growth weakens

China's Q3 growth hit a 1-year low, relying on exports and manufacturing as weak demand fuels concerns over structural issues and long-term sustainability.

Mon, 20 Oct 2025 15:30:04 GMT

Copper demand to increase

U.S. and India copper demand will grow over the next decade as China's growth slows, shifting focus from China, which drove prices from $1,500 to $10,000/ton.

Mon, 20 Oct 2025 12:30:05 GMT

NVIDIA CEO to visit Korean tech event

NVIDIA CEO Jensen Huang will attend the APEC CEO Summit in Korea to meet leaders and highlight the firm's AI, robotics, and tech efforts in Korea and globally.

Mon, 20 Oct 2025 09:30:07 GMT

Kering to sell L'Oreal

Kering is selling its beauty business to L'Oreal for €4B to cut debt and focus on fashion under new CEO Luca de Meo.

Mon, 20 Oct 2025 06:30:07 GMT

U.S. Treasury wants stricter oversight over China

U.S. Treasury's Bessent urges IMF to toughen oversight on China and calls for World Bank to stop aiding China, focusing on countries with greater needs instead.

Mon, 20 Oct 2025 03:30:04 GMT

Bank of England to clarify future policies

Bank of England will clarify interest rate and policy decisions starting next month, responding to a review led by ex-Fed Chair Ben Bernanke, says Chief Economist.

Fri, 17 Oct 2025 21:30:06 GMT

Ford recalls over 500,000 cars

Ford is recalling 625K U.S. vehicles over seatbelt and rear-view camera issues, including 333K Mustangs and 292K Super Duty trucks, per NHTSA.

Fri, 17 Oct 2025 18:30:05 GMT

Novo Nordisk shares fall

Novo Nordisk shares fell 5% after U.S. President Trump said the price of its top-selling weight-loss drug would be reduced.

Fri, 17 Oct 2025 15:30:06 GMT

Volvo reports lower operating profit

Volvo reported Q3 operating profit of 11.7B SEK, down from 14.1B last year, matching forecasts, as weaker demand in the Americas impacted results.

Fri, 17 Oct 2025 12:30:09 GMT

Porsche chooses new CEO

Porsche's board has chosen a successor for CEO Oliver Blume, who has led since 2015 and became Volkswagen CEO in 2022, Bild reported.

Fri, 17 Oct 2025 09:30:05 GMT

Microsoft adds AI upgrades

Microsoft adds AI upgrades to Windows 11: "Hey Copilot" voice commands now let users automate tasks and connect across devices with the AI assistant.

Fri, 17 Oct 2025 06:30:07 GMT

Ford recalls vehicles

Ford is recalling 59,006 vehicles with engine block heaters that may crack and leak coolant, risking fire, says U.S. safety regulator.

Fri, 17 Oct 2025 03:30:05 GMT

Global want more information on Toyota's business moves

Global investors urge Toyota to disclose more on its Toyota Industries buyout, criticizing unclear valuation and lack of minority shareholder protection.

Thu, 16 Oct 2025 21:30:10 GMT

Tensions Rise between Chinese and U.S

Chinese state media rebutted US calls to ease rare earth export limits after the US labeled them a "supply-chain power grab" amid rising trade tensions.

Thu, 16 Oct 2025 18:30:13 GMT

Nestle to cut jobs

Nestle will cut 16,000 jobs to boost sales, new CEO Philipp Navratil said, as strong coffee and candy prices drive better-than-expected growth.

Thu, 16 Oct 2025 15:30:09 GMT

TSMC profits jump

TSMC's Q3 net profit jumped 39.1% to a record $14.76B, beating forecasts, driven by strong AI chip demand from clients like Nvidia and Apple.

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