New Trade Battle: Trump Set to Announce 25% Tariffs on Steel and Aluminum
On Sunday, President Donald Trump announced plans to impose new 25% tariffs on all steel and aluminum imports to the U.S., adding to existing metal duties in a major...
A Last-Ditch Effort: Nippon Steel and U.S. Steel Seek U.S. Approval
Nippon Steel Corporation and U.S. Steel Corporation have launched a final push to secure...
Monzo Hits Profitability Milestone, Sets Sights on European Expansion
UK challenger bank Monzo has achieved a significant milestone, reporting its first annual profit...
BlackRock Revises Spot Bitcoin ETF Proposal to Permit Cash Redemptions
The world's largest asset manager, BlackRock, updated its proposed filing for a spot bitcoin...
Spot Bitcoin ETFs – As Good As Gold?
Bitcoin, the original crypto rebel, is racing into the heart of the financial establishment...
UAW and Detroit Three Automakers Resume Talks, Aim to End Strike
The United Auto Workers and Detroit Three automakers resumed bargaining talks Monday morning as a strike at GM, Ford, and Chrysler-parent Stellantis entered its...
Broadcom Shares Fall as Revenue Outlook Misses Expectations
Amid a deteriorating global economy, where consumer and enterprise spending is falling, AI has emerged as a bright spot for chipmakers. In the case...
Binance and Mastercard Part Ways Over Crypto Regulation Concerns
Global payment giant Mastercard (MA.N) will end its four crypto card programs with Binance in Argentina, Brazil, Colombia, and Bahrain as of Sept. 22,...
SpaceX’s Profitable Quarter Signals a New Era for the Private Space Industry
According to a report by the Wall Street Journal, the privately owned rocket company raked in a $55 million profit during the January-to-March period....
China’s Debt Crisis: The End of the Road for “Extend and Pretend”?
The 'basket of measures' Beijing promised to defuse local government debt risks is likely to include special bond issuance, debt swaps, loan rollovers, and...
Tesla’s China Sales Dip as it Prepares for New Model 3
U.S. automaker Tesla (TSLA.O) sold 64,285 China-made EVs in July, down 31% from a month earlier and the lowest total for the year in...
Philips Posts Strong Earnings, Raises Profit Forecast
Dutch health technology company Philips (PHG.AS) modestly increased its full-year targets on Monday after beating quarterly earnings expectations. However, it voiced concern over China's...
Tesla’s Entry into South Korea’s EV Market Gets a Boost with Cheaper Model Y
Tesla began selling a cheaper Model Y vehicle on Friday in South Korea, slashing the price to make it eligible for the maximum rate...
Geely and Renault to Jointly Develop Gasoline Engines and Hybrid Technology
China’s Geely Automobile Holdings (0175. HK) and French car maker Renault SA (RENA.PA) said on Tuesday they would invest up to 7 billion euros...
TotalEnergies and Iraq Sign Landmark Deal to Transform Country’s Energy Sector
French oil significant TotalEnergies on Monday signed a long-delayed $27 billion energy deal that Baghdad hopes could lure back foreign investment to its faltering...