News

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Mon, 19 May 2025 21:30:05 GMT

Airbnb to remove Spain listings

Spain orders Airbnb to remove 65,000+ rental listings, citing rule violations and blaming the platform for worsening housing shortages and rising property prices.

Mon, 19 May 2025 18:35:03 GMT

In Japan, tax cuts will not be funded by debt

PM Ishiba rejects debt-funded tax cuts, citing Japan's poor fiscal health and rising rates, despite pressure to boost spending ahead of July's upper house election.

Mon, 19 May 2025 15:30:07 GMT

Moody's downgrade U.S credit rating

U.S. stocks rose on a tariff truce, led by Tesla and Nvidia, but Moody's credit downgrade may pressure markets as rising yields weigh on investor sentiment.

Mon, 19 May 2025 12:30:04 GMT

Ryanair expects demand rebound

Ryanair saw strong demand, expects fare rebound after profits fell 16% due to lower fares from weak demand and disputes with online travel agents.

Mon, 19 May 2025 09:30:07 GMT

Xiaomi to invest in chip design

Xiaomi plans to invest 50 billion yuan ($6.93B) in chip design over 10+ years starting in 2025, founder Lei Jun announced on Weibo.

Mon, 19 May 2025 06:30:03 GMT

JPMorgan's CEO to exit soon

As Jamie Dimon's exit nears, investors worry. His leadership is key, making succession the top concern ahead of JPMorgan's Investor Day on Monday.

Mon, 19 May 2025 03:30:03 GMT

Trump to present new tariffs

Trump says US will set new tariff rates soon, citing limited capacity to negotiate all deals at once. China talks paused as markets eye lasting tariff regime.

Fri, 16 May 2025 21:30:03 GMT

Meta wants monopoly case closed

Meta asked a judge to dismiss the FTC's monopoly case, arguing the agency failed to prove Meta's dominance via its Instagram and WhatsApp acquisitions.

Fri, 16 May 2025 18:30:03 GMT

Japan's economy shrinks

Japan's economy shrank in Q1 for the first time in a year, hit harder than expected as U.S. tariffs under Trump threaten exports, especially in autos.

Fri, 16 May 2025 15:30:04 GMT

Google AI subscribers rise

Google One now has over 150M subscribers, up 50% since Feb 2024. The service offers cloud storage and AI tools, growing rapidly since its launch six years ago.

Fri, 16 May 2025 12:30:03 GMT

Bank of Japan cautious on raising rates

BOJ's Nakamura urged caution on rate hikes, citing U.S. tariff risks and economic pressure. He stressed careful policy amid trade uncertainty and weak demand.

Fri, 16 May 2025 09:30:03 GMT

Trump announces new investments

Trump announced $200B+ in U.S.-UAE deals, including a $14.5B agreement involving Boeing, GE Aerospace, and Etihad Airways, the White House said Thursday.

Fri, 16 May 2025 06:30:05 GMT

Oil demand to slow during 2025

IEA says global oil demand to slow in late 2025 due to EV boom and weak economy, while OPEC+ hikes keep market oversupplied and prices lower.

Fri, 16 May 2025 03:30:04 GMT

Tencent believes in WeChat

Tencent sees WeChat's all-in-one power as a key edge in China's AI race, as it taps into agentic AI to boost services like payments, gaming, and more.

Thu, 15 May 2025 21:30:04 GMT

U.S. plans new warplanes

U.S. plans new F-55 warplane, upgraded F-22 Super, Trump says in Doha after Qatar orders 160 Boeing jets in major business deals.

Thu, 15 May 2025 18:30:04 GMT

Deutsche Telekom profits rise

Deutsche Telekom Q1 core profit rose 7.9% to €11.3B, beating forecasts; the company slightly raised its full-year outlook.

Thu, 15 May 2025 15:30:04 GMT

Qatar Airways order planes from Boeing

Boeing won a $96B deal from Qatar Airways for 160 jets during Trump's Gulf visit, marking its biggest widebody order, with deliveries years away.

Thu, 15 May 2025 12:30:03 GMT

Siemens CEO on new German government

Siemens CEO urges Chancellor Merz to act responsibly and boost growth, saying the new German government must also defend democracy amid tough times.

Thu, 15 May 2025 09:30:04 GMT

Harley-Davidson CEO remains

Harley-Davidson blocked H Partners' bid to oust 3 directors, including the CEO, a month after the investor pushed to remove Jochen Zeitz, who's led since 2020.

Thu, 15 May 2025 06:30:05 GMT

Kraft Heinz to invest up to $3 billion

Kraft Heinz is investing $3B to upgrade U.S. factories, aiming to cut costs and offset Trump's tariffs, despite weak consumer sentiment and lower forecasts.

Thu, 15 May 2025 03:30:05 GMT

Trump Meets Syria's New President

Trump met Syria's president in Saudi Arabia, urging Israel ties after the U.S. lifted sanctions on his Islamist-led government before a Gulf summit.

Wed, 14 May 2025 21:30:03 GMT

Samsung buys data center components

Samsung to buy Germany's FlaktGroup for €1.5B to boost data center cooling for AI. It's Samsung's biggest deal in 8 years, buying from Triton.

Wed, 14 May 2025 18:30:03 GMT

Telefonica reports Q1 loss

Spain's Telefonica reported a €1.3B Q1 loss after write-downs in Peru and Argentina, in line with analyst forecasts of a €1.32B loss.

Wed, 14 May 2025 15:30:03 GMT

The U.S. and Saudi Arabia have signed an arms deal

The U.S. agreed to a $142B arms deal with Saudi Arabia, the largest ever, covering defense, missiles, air, sea, space, and communication tech.

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