News

Note: This section contains information in English only.
Tue, 11 Feb 2025 06:30:03 GMT

BoE cuts rates

The Bank of England cut rates by 0.25%, citing inflation and global uncertainty. It halved 2025 growth forecasts, while expecting inflation to temporarily exceed 2%.

Tue, 11 Feb 2025 03:30:04 GMT

Maersk surges higher

Maersk shares surged over 10% after reporting Q4 earnings of $3.6B, beating estimates. CEO Vincent Clerc stated a strong global trade and price growth across all segments.

Mon, 10 Feb 2025 21:30:04 GMT

Argentina to exit WHO

Argentina announced it will leave the WHO, citing mismanagement of COVID-19, following Trump's U.S. decision. President Milei criticized lockdowns as a "crime against humanity."

Mon, 10 Feb 2025 18:30:03 GMT

Carlsberg misses profits

Carlsberg's Q4 sales slightly missed forecasts at $2.18B. Full-year sales rose 1.9%. For 2025, it expects 1-5% profit growth, impacted by losing its San Miguel brand in the UK.

Mon, 10 Feb 2025 15:30:04 GMT

Mobile wallets in Australia to be regulated

The Australian Treasury proposes reforms to regulate digital payments, including mobile wallets, giving the RBA power to oversee all players, including Apple and Google.

Mon, 10 Feb 2025 12:30:03 GMT

Fake coffee products on the rise

Brazil's coffee industry warns of "fake coffee" products in stores, made with waste or artificial flavoring, as companies try to attract budget-conscious consumers.

Mon, 10 Feb 2025 09:30:08 GMT

Santander Brasil reports profits

Santander Brasil Q4 net profit surged 75% to 3.85B reais ($668.6M), surpassing expectations due to improved spreads and higher fees.

Mon, 10 Feb 2025 06:30:04 GMT

Workday to cut jobs

Workday to cut 1,750 jobs (8.5% of workforce) amid competition and uncertainty, expecting $230M-$270M in charges. Stock rose 3% in premarket.

Mon, 10 Feb 2025 03:30:03 GMT

India to have credit facilities for municipalities

India plans a credit facility for municipal corporations to produce energy from waste, offering tools like credit enhancement, direct rupee loans, and bond sales.

Fri, 07 Feb 2025 21:30:03 GMT

Trump coin brings commisions

Entities behind Trump's crypto coin earned nearly $100 million in trading fees in under two weeks, while tens of thousands of small traders lost money.

Fri, 07 Feb 2025 18:30:03 GMT

Nokia and AT&T signs multi year agreement

AT&T and Nokia signed a multi-year deal to upgrade AT&T's voice and 5G network in the U.S., a year after Nokia lost a major contract to Ericsson.

Fri, 07 Feb 2025 15:30:05 GMT

Novo Nordisk under scrutiny

Novo Nordisk faces investor pressure for more details on its next-gen obesity drug CagriSema, after unclear trial results caused a drop in its shares in December.

Fri, 07 Feb 2025 12:30:03 GMT

Germany lowers growth forecasts

Germany lowered its 2025 growth forecast to 0.3%, down from 1.1%, citing uncertainty from U.S. trade policy and ongoing global economic challenges.

Fri, 07 Feb 2025 09:30:03 GMT

Chiles economy expands

Chile's economy grew 0.9% in December, driven by lower interest rates and strong copper production. However, weak job growth and trade uncertainty remain challenges.

Fri, 07 Feb 2025 06:30:03 GMT

ECB may change its stance on monetary policy

The ECB may stop calling its policy "restrictive" in March, with a likely quarter-point rate cut. Officials are considering when to pause further rate cuts.

Fri, 07 Feb 2025 03:30:03 GMT

Apple tests Starlink services

Apple iPhones can now test SpaceX's Starlink direct-to-cell service, providing satellite coverage. T-Mobile and SpaceX are testing the service, offering "text via satellite," with voice and data to follow.

Thu, 06 Feb 2025 21:30:03 GMT

Tariffs spark fears of reccesion

Trump's threatened tariffs on Mexico and Canada have put border economies at risk, with factories fearing job losses and investors pulling back amid ongoing uncertainty.

Thu, 06 Feb 2025 18:30:04 GMT

Treasury yields over Fed rates

Treasury Secretary Bessent said the Trump administration focuses on lowering 10-year Treasury yields, not Fed rates, believing energy expansion will reduce inflation.

Thu, 06 Feb 2025 15:35:04 GMT

China's ethane imports from the U.S

Despite trade tensions, China's ethane imports from the U.S. are set to rise as petrochemical firms switch to cheaper U.S. shale gas, with $16B in investments.

Thu, 06 Feb 2025 15:30:04 GMT

China files a complaint against tarrifs

China filed a WTO complaint against Trump's 10% tariff on Chinese imports and the end of the duty-free exemption, calling them "protectionist" and a rule violation.

Thu, 06 Feb 2025 12:35:04 GMT

Google ends diversity tragets

Google is scrapping its goal to hire more employees from underrepresented groups and reviewing its diversity initiatives, joining other U.S. companies scaling back DEI efforts.

Thu, 06 Feb 2025 12:30:03 GMT

TotalEnergies report higher earrnings

TotalEnergies Q4 earnings beat expectations with $4.4B adjusted net income, despite lower oil prices and weak fuel demand, boosted by strong gas trading profits.

Thu, 06 Feb 2025 09:30:12 GMT

Boeing to increase the airline fleet

Boeing forecasts Indian and South Asian airlines will add 2,835 aircraft over the next 20 years, driven by rising middle class and economic growth.

Thu, 06 Feb 2025 06:30:04 GMT

Disney beat expectations

Disney beat Q1 earnings, with streaming profits despite 700K Disney+ subscriber loss due to price hikes. Parks struggled amid hurricanes and cruise investments.

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