News

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Wed, 23 Jul 2025 21:30:04 GMT

Senators seek explanation on Delta's AI-based pricing

Three Democratic senators urged Delta to explain its AI-based ticket pricing, warning it could raise fares to each traveler's "pain point" and harm consumer privacy.

Wed, 23 Jul 2025 18:30:06 GMT

BoE warns of global debt rise

UK borrowing costs high amid global interest rate pressures, driven by U.S. policy mix

Wed, 23 Jul 2025 15:30:05 GMT

U.S.–Japan trade deal helps Nikkei

Nikkei jumps 3.2% after U.S.–Japan trade deal boosts investor confidence across Asian markets.

Wed, 23 Jul 2025 12:30:06 GMT

Equity outflows grow

$5.3B exits from global equity funds on tariff fears; bond and precious metal funds see inflows.

Wed, 23 Jul 2025 09:30:05 GMT

General Motors profits fall

GM's Q2 profit fell 32% to $3B, hit by $1.1B in tariffs. It warns Q3 will be worse, with trade headwinds possibly costing $4–5B, though 30% may be offset.

Wed, 23 Jul 2025 06:30:05 GMT

Julius Baer profit dip

Swiss bank Julius Baer reports, half-year profit down 35%, but net new money doubled to CHF 7.9 bn.

Wed, 23 Jul 2025 03:30:04 GMT

JPMorgan thinking about possible crypto loans

JPMorgan is exploring loans backed by clients' Bitcoin and Ether holdings as part of its next-year crypto push.

Tue, 22 Jul 2025 21:30:05 GMT

Ether Machine IPO

Ether Machine, backed by Ethereum giants, plans a $1.6B Nasdaq debut to become a key investment vehicle for Ether.

Tue, 22 Jul 2025 18:30:03 GMT

Wells Fargo banker stays in China

China banned a Wells Fargo banker from leaving the country due to a criminal probe, adding to U.S.-China tensions.

Tue, 22 Jul 2025 15:30:04 GMT

Brazil–U.S. Trade Deal Delay

Brazil may miss the Aug. 1 deadline for a U.S. trade deal, risking tariffs on exports if talks fail.

Tue, 22 Jul 2025 12:30:08 GMT

U.S. Bank Rules Reform

U.S. Treasury's Bessent pushes to scrap dual capital rules, calling current bank regulations too complex.

Tue, 22 Jul 2025 09:30:04 GMT

Swiss Currency Intervention

Swiss bank deposits hit 15-month high, fueling talk that the central bank may intervene to weaken the franc.

Tue, 22 Jul 2025 06:30:05 GMT

Kraft Heinz to have a possible spinoff

Kraft Heinz may spin off slower-growing brands like Velveeta into a $20B entity—a bold move to revive growth after its troubled 2015 merger.

Tue, 22 Jul 2025 03:30:05 GMT

Consumer confidence falls in UK

UK consumer confidence fell for the first time in nearly 3 years, dropping 2.6 points to 10.4% in Q2, as job security concerns rise.

Mon, 21 Jul 2025 21:30:05 GMT

Critical mineral exports fall in China

China's antimony and germanium exports fell 88% and 95% since January amid a smuggling crackdown led by its top spy agency. Both are key tech and defense minerals.

Mon, 21 Jul 2025 18:30:04 GMT

Server attacks on Microsoft

Microsoft warns of active attacks on server software used by agencies and businesses; urges urgent updates. FBI is investigating with partners.

Mon, 21 Jul 2025 15:30:05 GMT

China comments on Canada's steel duties

China's Ottawa embassy slammed Canada's new steel duties as WTO violations, saying they harm global trade, despite a recent deal to mend ties.

Mon, 21 Jul 2025 13:20:04 GMT

Ryanair to keep commitment to Boeing

Ryanair will keep its MAX 10 orders for 2027 after Boeing assured on-time delivery, avoiding a switch to smaller MAX 8-200s, CEO O'Leary said Monday.

Mon, 21 Jul 2025 12:30:06 GMT

Public media funding cut in U.S.

The GOP-led House passed Trump's $9B cut to public media and foreign aid, excluding $400M for HIV/AIDS program. Bill heads to the White House to be signed.

Mon, 21 Jul 2025 09:30:04 GMT

Wall Street bets on a rate cut in UK

Sticky inflation and a strong job market prompt Wall Street to drop forecasts for a September Bank of England rate cut after UK inflation rises to 3.6% in June.

Mon, 21 Jul 2025 06:30:04 GMT

Champagne makers explore different markets amid tariff threats

Champagne makers seek new markets like Brazil and Asia after Trump threatens 30% tariffs on EU goods. U.S. is top buyer, and tariffs may raise prices, cost jobs.

Mon, 21 Jul 2025 03:30:06 GMT

Chevron to proceed with turnaround plan

Chevron can move ahead with its $53B Hess deal after beating Exxon in court, giving it access to a major oil find and boosting CEO Mike Wirth's turnaround plan.

Fri, 18 Jul 2025 21:30:04 GMT

Novartis raises outlook

Novartis raised its 2025 outlook, now expecting core profit to grow in the low teens, boosted by strong Q2 sales of key drugs like breast cancer treatment Kisqali.

Fri, 18 Jul 2025 15:30:10 GMT

Walmart sees profit decline in Mexico

Walmart Mexico Q2 profit dropped 10%, missing forecasts, as weak consumer spending slowed recovery, despite an 8% rise in sales.

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