News

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Fri, 04 Jul 2025 09:30:05 GMT

Vodafone under scrutiny by the UK government

UK ministers eye possible crackdown as 62 Vodafone franchisees sue for £120M, alleging unfair cuts that left them in debt and enriched Vodafone.

Fri, 04 Jul 2025 06:40:07 GMT

German manufacturing shrinks

German industrial orders fell 1.4% in May, far worse than the 0.1% drop forecast, due to a one-off effect, official data showed Friday.

Fri, 04 Jul 2025 03:30:04 GMT

U.S jobless rate declines

U.S. added 147K jobs in June, jobless rate dipped to 4.1%. Solid labor market may let Fed delay rate cuts to September. May jobs revised up to 144K.

Thu, 03 Jul 2025 21:30:03 GMT

Big beautiful bill brings drama in the Senate

Trump's big tax bill cleared a key House step after overnight drama. The Senate passed it with VP Vance's tie-break. Final House vote expected by Friday.

Thu, 03 Jul 2025 18:30:04 GMT

Santander to buy TSB

Santander will buy TSB for £2.65B to strengthen its UK position, after recently weighing an exit from Britain amid years of underperformance.

Thu, 03 Jul 2025 15:30:05 GMT

Tesla's China sales up

Tesla's China EV sales hit 61,000 in June, up 3.7% YoY and jumping 59% from May, Tesla China reported Thursday.

Thu, 03 Jul 2025 09:30:04 GMT

Microsoft to lay off employees

Microsoft will cut nearly 4% of its 228,000 staff to curb costs amid big AI spending, after already laying off ~6,000 in May.

Thu, 03 Jul 2025 06:42:11 GMT

Kenya to privatize assets

Kenya plans IPOs to privatize state assets, starting with Kenya Pipeline on the Nairobi exchange this year, President Ruto told the London Stock Exchange.

Thu, 03 Jul 2025 03:30:05 GMT

House prices in UK fall

UK house prices fell 0.8% in June, the biggest drop since Feb 2023, after tax breaks ended. Demand may rebound over summer despite economic worries.

Wed, 02 Jul 2025 21:30:03 GMT

Nissan recalls cars in U.S

Nissan recalls 443,899 U.S. vehicles over engine defects that may cause failure and raise crash risk, per U.S. auto safety agency.

Wed, 02 Jul 2025 18:30:04 GMT

Australia's retail sales in May decreases

Australia's retail sales stalled in May for a 4th month as food sales fell, boosting chances of an RBA rate cut and dimming hopes for stronger consumption.

Wed, 02 Jul 2025 15:30:04 GMT

Paramount to pay Trump

Paramount settles Trump's suit over a CBS interview for $16M, funds to go to his future library; no apology given. Trump had sought up to $20B in damages.

Wed, 02 Jul 2025 12:30:03 GMT

ABB set to launch new product line

ABB launches three new robot lines in China to tap growing automation demand, targeting electronics, food, and metals sectors for tasks like polishing, placing.

Wed, 02 Jul 2025 09:30:07 GMT

Trump's tax bill passed

Senate GOP passes Trump's tax and spending bill, slashing taxes, cutting social programs, raising military spending, adding $3.3T debt; heads to House.

Wed, 02 Jul 2025 06:30:05 GMT

Crypto transactions in Bolivia rise

Bolivia's crypto transactions surged 530%, hitting $294M in H1 2025 vs. $46.5M in H1 2024.

Wed, 02 Jul 2025 03:30:05 GMT

Japan stands her ground on U.S. tariff talks

Japan won't compromise its farm sector in U.S. tariff talks, its top negotiator said, after Trump criticized Japan for not buying American rice.

Tue, 01 Jul 2025 21:30:04 GMT

Tesla's sales in Sweden & Denmark fall

Tesla's sales dropped for the 6th month in Sweden & Denmark. In Sweden, June registrations plunged 64.4% YoY, highlighting rising competition & Musk backlash.

Tue, 01 Jul 2025 18:30:03 GMT

The U.S. hosts trade partners to strengthen cooperation

U.S. Secretary of State Rubio meets Australian, Indian, Japanese counterparts to strengthen ties against China despite trade tensions.

Tue, 01 Jul 2025 15:30:03 GMT

Renault loses in Nissan

Renault to book €9.5B ($11.2B) loss on Nissan stake in H1 after changing accounting method according to the French carmaker.

Tue, 01 Jul 2025 12:30:04 GMT

Equinor expands

Equinor and partners approve $1.29B expansion of Johan Sverdrup, western Europe's largest oilfield, boosting output.

Tue, 01 Jul 2025 09:30:03 GMT

Standard Chartered sued in Singapore

1MDB liquidators sue Standard Chartered in Singapore, alleging it aided fraud causing $2.7B losses, as part of efforts to recover stolen 1MDB funds.

Tue, 01 Jul 2025 06:30:07 GMT

Inflation in Germany falls

Germany's inflation fell to 2% in June, hitting ECB's target. ECB likely to cut rates again in Sept to 1.75% as eurozone inflation stays near goal.

Tue, 01 Jul 2025 03:30:04 GMT

Canada removes digital tax

Canada dropped its digital tax on U.S. tech firms hours before rollout to revive trade talks. Carney, Trump aim for a deal by July 21, per Canada's finance ministry.

Mon, 30 Jun 2025 21:30:05 GMT

UK economy expands

Britain's economy expanded 0.7% in the first three months of 2025, the Office for National Statistics said on Monday, confirming a preliminary estimate.

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