Intel appointed Lip-Bu Tan as CEO, replacing interim leaders David Zinsner and Michelle Johnston Holthaus, after Pat Gelsinger was ousted in late 2024.
Taiwan's central bank sold $16.4B in 2024 to stabilize the forex market as the Taiwan dollar dropped over 6%, amid a foreign investor sell-off in stocks.
Deutsche Bank forecast higher revenue in 2025 for its investment bank and main units, as CEO Christian Sewing aims to meet ambitious profit and cost targets.
Frederic Arnault, son of LVMH CEO Bernard Arnault, will become CEO of Loro Piana in June as part of a leadership reshuffle at the luxury group.
The dollar rebounded slightly Thursday, helped by higher U.S. Treasury yields, as investors weighed the impact of a global trade war on U.S. inflation and growth.
Brazil's egg exports surged 57.5% in February due to higher U.S. demand, reaching $4.9M. Total exports in 2025 are up 38%, with the U.S. seeing a 93.4% rise.
The Bank of Canada cut its key rate by 25bps to 2.75%, citing risks from Trump's tariffs, marking the 7th consecutive rate cut in 9 months.
The Bank of Canada is expected to cut interest rates to 2.75% for the seventh time due to trade war fears, as Trump's tariffs threaten to push the economy into recession.
The EU will impose counter-tariffs on $28.33 billion of U.S. goods starting April 1 in response to U.S. steel and aluminum tariffs. New measures will follow by mid-April.
A rising boycott of US goods, including Teslas, is gaining momentum in Europe and in Canada.
Donald Trump defended tariffs in a meeting with 100 CEOs, including leaders from Apple, JPMorgan, and Walmart, as recession and inflation fears impact markets.
The U.S. dollar hit a one-week high against the Canadian dollar after Trump raised tariffs on Canada, while the euro reached a four-month peak against the U.S. dollar.
Deutsche Bank has increased parental leave to 26 weeks of fully-paid leave for primary caregivers in its Middle East and Africa offices, effective from the start of the year.
Solar energy made up 84% of new U.S. power generation in 2024, adding 50 GW, the largest growth in two decades, but faces challenges with new energy policies.
Japan's finance minister said rising bond yields will have mixed effects on the economy, easing concerns after the 10-year yield hit a 17-year high of 1.575%.
Tesla stock dropped 15% after UBS lowered its price target to $225, citing weaker demand for Model 3 and Model Y, and reducing Q1 delivery forecasts.
Volkswagen expects a 5.5-6.5% operating margin in 2025, down from 5.9% in 2024, citing weak demand, high costs, and trade tensions. Shares down 40% in 4 years.
Ontario imposes a 25% surcharge on electricity exports to protest Trump's tariffs, with Premier Ford vowing to protect the province until tariffs are lifted.
Trump's tariffs have caused a $4 trillion drop in the S&P 500, sparking economic uncertainty with shifting policies affecting businesses and investors.
DHL plans to cut 8,000 jobs in 2025 at its Post & Parcel Germany division due to declining letter volumes and rising costs, following a 5.6% drop in earnings.
IMF's Kristalina Georgieva said global policymakers have made progress in tackling inflation but still need to fully control it, likening it to a genie still partly out of the bottle.
Trump will exempt automakers from 25% tariffs on Canada and Mexico for a month if they follow trade rules and is open to other product exemptions.
China plans to raise its fiscal deficit to 4% of GDP, the highest since 2010, amid trade tensions and economic challenges, with increased bond sales for stimulus.
Bayer AG forecasts a third year of falling profit due to US litigation, low agriculture prices, and competition for key medicines, with core earnings expected to drop.