News

Mon, 03 Mar 2025 21:30:03 GMT

Trudeau to talk to King Charles

Trudeau's top priority in talks with King Charles is protecting Canada's sovereignty after Trump suggested making Canada the 51st U.S. state.

Mon, 03 Mar 2025 18:30:03 GMT

Swiss National Bank financial results

The Swiss National Bank posted a record profit of 80.7B francs in 2024, boosted by strong equity markets, rising gold prices, and a stronger U.S. dollar.

Mon, 03 Mar 2025 15:30:07 GMT

Trump Tariffs determined tommorow

U.S. Commerce Secretary Lutnick confirmed tariffs on Canada and Mexico will begin Tuesday, but President Trump will decide if they stay at the planned 25%.

Mon, 03 Mar 2025 12:30:04 GMT

JPMorgan invests in AI

JPMorgan Chase invested in FairPlay's $10M funding round. FairPlay uses AI to reduce algorithmic bias in lending through its "Fairness-as-a-Service" platform.

Mon, 03 Mar 2025 09:30:04 GMT

New U.S. Treasury to impose anti-money laundering law

The U.S. Treasury won't enforce penalties under the Corporate Transparency Act, which requires businesses to disclose their beneficial owners, citing legal challenges.

Mon, 03 Mar 2025 07:30:03 GMT

U.S. strategic reserve of bitcoin is on the way according to Trump

Trump announced on Truth Social that his executive order will create a U.S. strategic reserve of bitcoin, ether, XRP, Solana, and Cardano, boosting their market value.

Mon, 03 Mar 2025 03:30:04 GMT

Gross Domestic Product in the United States increases

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.

Fri, 28 Feb 2025 21:30:05 GMT

Google starts layoff process

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.

Fri, 28 Feb 2025 18:30:08 GMT

A no-tariff deal between the UK and the U.S. is a possibility

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.

Fri, 28 Feb 2025 15:30:05 GMT

BoE comments on inflation risk

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.

Fri, 28 Feb 2025 12:30:04 GMT

Vietnam to collaborate with U.S

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.

Fri, 28 Feb 2025 09:30:03 GMT

China's banks lowering U.S. dollar deposit rates

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.

Fri, 28 Feb 2025 06:30:05 GMT

U.S. takes Chevron's license

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.

Fri, 28 Feb 2025 03:30:02 GMT

Trade tensions rise

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.

Thu, 27 Feb 2025 21:30:04 GMT

Hedge funds bet on Chinas property

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.

Thu, 27 Feb 2025 18:30:04 GMT

Birth rates in Japan hit a record low

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.

Thu, 27 Feb 2025 15:30:04 GMT

Volkswagen to pay compensation

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.

Thu, 27 Feb 2025 12:30:10 GMT

Rolls-Royce to pay dividends

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.

Thu, 27 Feb 2025 09:30:03 GMT

Trump proposes gold cards

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.

Thu, 27 Feb 2025 06:30:04 GMT

Amazon to stream exclusive content

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.

Thu, 27 Feb 2025 03:30:03 GMT

Home sales in U.S. drop

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.

Wed, 26 Feb 2025 21:30:04 GMT

Bank of Ireland lays of staff

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.

Wed, 26 Feb 2025 18:30:04 GMT

Apple decides to keep diversity policies

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.

Wed, 26 Feb 2025 15:30:07 GMT

New possible tariffs on Copper

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.

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