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Crypto Controversy: Trump’s Gala Dinner Incentive Sends Meme Coin Tumultuously Higher

Amazon Sellers Pass Tariff Shock to Shoppers as Trump’s China Duties Bite

Tariff Truce Beckons as Bessent Warns Levies Threaten US-China Commerce

Trump Announces Direct Xi Call and Presses Ahead with Tariff Negotiations

Major Corporates Across Energy, Mining, Automotive and Steel Turn to White Hydrogen Fuel

25% Tariffs Could Add $51 Billion to U.S. Drug Costs and Raise Prices by Nearly 13%

Tariff Shock: U.S. Consumers Face Surging Prices and Empty Shelves Under Trump’s Trade Policies

Wall Street’s Week Ahead: Big Tech Earnings Poised to Shape Market Trajectory

BRICS Nations Forge Unified Strategy to Counter Trump’s Trade Offensive

Amazon Takes on Starlink with First Kuiper Satellites

White House Moves to Cushion U.S. Auto Industry from Tariffs

Deutsche Bank’s Q1 Profit Surges 39% as Tariff Uncertainties Cast a Long Shadow

Companies
Intel's Chip-Making Division Reports An Operating Loss Of $7 Billion

Intel's Chip-Making Division Reports An Operating Loss Of $7 Billion

Intel revealed increasing operating losses for its foundry division, which is a setback for the chipmaker as it attempts to reclaim the technological advantage it lost to Taiwan Semiconductor Manufacturing in recent years.   Compared to the $5.2 billion in operating losses the previous year,...
Delivery Of Its First EV Initiated By Chinese Smartphone Maker Xiaomi With An Order Book Of Over 100,000 EVs

Delivery Of Its First EV Initiated By Chinese Smartphone Maker Xiaomi With An Order Book Of Over 100,000 EVs

Since it started shipping on Wednesday, Xiaomi, a Chinese manufacturer of smartphones, has announced that it has received more than 100,000 orders for its debut automobile, the SU7, an electric sports car.   At a ceremony in Beijing to mark the first deliveries, CEO and creator Lei Jun...
Swiss Financial Behemoth UBS Is Set To Begin A $2 Billion Share Buyback Program

Swiss Financial Behemoth UBS Is Set To Begin A $2 Billion Share Buyback Program

A fresh $2 billion share repurchase programme was unveiled by UBS on Tuesday, with up to $1 billion of that amount anticipated to be paid out this year.   “As previously communicated, in 2024 we expect to repurchase up to USD 1bn of our shares, commencing after the completion of the merger...
Customers Of Xiaomi's EVs Must Wait Months For Deliveries, Indicating Strong Demand

Customers Of Xiaomi's EVs Must Wait Months For Deliveries, Indicating Strong Demand

Due to high demand for its first-ever automobile, Xiaomi, a Chinese company, is warning prospective customers that they may have to wait four to seven months to get their SU7 electric sedan.   Pre-orders for the manufacturer of cellphones and other consumer gadgets exceeded 88,898 in the...
Microsoft Will Bifurcating Teams And Office Globally In Response To Antitrust Concerns

Microsoft Will Bifurcating Teams And Office Globally In Response To Antitrust Concerns

Six months after unbundling the two products in Europe to try and avoid a potential EU antitrust charge, Microsoft announced on Monday that it will pitch its chat and video programme Teams independently from its Office suite worldwide.   Following a complaint by the rival workspace messaging...
How Boeing’s Own Clients Virtually ‘Fired’ The Plane Maker’s Leadership

How Boeing’s Own Clients Virtually ‘Fired’ The Plane Maker’s Leadership

Eighty days had passed. For the airline sector, however, enough was enough.   According to those familiar with the conversations, a revolt by American airline executives this week culminated in the removal of Boeing's senior executives, including CEO Dave Calhoun. This opened the...
The Decline In Commercial Real Estate Is Deemed A Major Concern By UBS

The Decline In Commercial Real Estate Is Deemed A Major Concern By UBS

One of the "top and emerging risks" that UBS identified for the Swiss bank was the decline in the commercial real estate markets, which was impacted by lower office space demand during the pandemic and higher borrowing costs.   The largest slump in the commercial real estate markets since...
The Compromised Data Set Of AT&T Affects Roughly 73 Million Active And Past Customers

The Compromised Data Set Of AT&T Affects Roughly 73 Million Active And Past Customers

The telecom giant AT&T announced on Saturday that it is looking into a data set that was made available on the "dark web" around two weeks ago. According to its initial investigation, the data set may have affected 65.4 million former and 7.6 million current account holders.   The data...
As Moderna Attempts To Recover From The Covid Collapse, Three Of Its Vaccines Are Moved Into Final Stage Testing

As Moderna Attempts To Recover From The Covid Collapse, Three Of Its Vaccines Are Moved Into Final Stage Testing

Beyond its Covid vaccination, Moderna offers further benefits.   The biotech business revealed encouraging results from three experimental vaccines against different viruses. According to the corporation, such photos are being moved to final stage studies.   With the global demand for...
Huawei Claims Mass Delivery Of Chery's Luxeed S7 Luxury EV Has Begun

Huawei Claims Mass Delivery Of Chery's Luxeed S7 Luxury EV Has Begun

Mass distribution of the Luxeed S7 electric car, a collaborative endeavor between Chery Auto and the technological powerhouse Huawei, has finally commenced after encountering setbacks in production and delivery due to chip shortages, as stated by a Huawei executive on Saturday. Richard Yu, the...
Insurance Loss Because Of The Bridge Collapse In The US Could Reach $3 Billion

Insurance Loss Because Of The Bridge Collapse In The US Could Reach $3 Billion

According to a British insurance marketplace, the largest single maritime insurance loss in history will be caused by the collapse of a bridge in the US city of Baltimore. After a ship collided with the bridge, six persons were thought to be killed; two remains have been found by divers.  ...
China's Smartphone Maker Xiaomi Unveils An Electric Vehicle $4K Less Expensive Than Tesla's Model 3

China's Smartphone Maker Xiaomi Unveils An Electric Vehicle $4K Less Expensive Than Tesla's Model 3

As pricing wars intensify in China's intensely competitive electric car sector, Chinese smartphone manufacturer Xiaomi announced on Thursday that it will offer its first vehicle for significantly less than Tesla's Model 3.   The base SU7 model will retail in the nation for 215,900 yuan...
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World

WHO Faces Major Budget Cuts: The Impact on Global Health

WHO Faces Major Budget Cuts: The Impact on Global Health
The World Health Organization (WHO) is bracing for significant financial cuts, signaling a major shift in global health governance. A proposed 21% reduction in its budget is expected to reshape its...

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread
In an unprecedented development, UK authorities have confirmed the first-ever case of bird flu (H5N1) in a sheep. The case was detected in northern England, where routine monitoring of farmed...

2024: A Year Marked By Escalating Climate Extremes

2024: A Year Marked By Escalating Climate Extremes
In 2024, the global community faced unprecedented climate challenges, with human-induced climate change significantly intensifying extreme weather events. A comprehensive analysis by World Weather...

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared
The United States has reported its first severe human case of bird flu in 2024, involving a Louisiana resident who is hospitalized in critical condition. This marks a significant shift in the ongoing...

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals
Tropical wetlands, long known for their ability to absorb vast amounts of carbon, are now emerging as a major contributor to methane emissions, significantly complicating global efforts to tackle...

People

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect...

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million
A New York judge ruled in the former president's civil business fraud trial on Friday, ordering him to pay a total of approximately $454 million in penalties.   According to an attorney...