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U.S. and EU reach trade deal
U.S. President Donald Trump and European Commission President Ursula von Der Leyen announce a deal to avert a full-blown trade war but the EU will st…
10 months, 4 weeks ago
Trump, Powell clash over Fed Res renovation costs
President Trump tours renovations at the Federal Reserve and says costs have spiralled to $3.2bn at the site but Chairman Jerome Powell pushes back a…
11 months ago
Tesla slumps in Q2 on fading subsidies, poor European sales
Tesla shares slump after CEO Elon Musk warns of potential ‘rough quarters’ ahead as EV subsidies expire and European sales nosedive by 40 per cent in…
11 months ago
Trump hails 'massive' U.S.-Japan trade agreement
The U.S. and Japan agree to what President Trump calls ‘the largest trade deal in history’. Tariffs on most goods including autos have been reduced t…
11 months ago
White House keeps up pressure on Powell
The White House maintains pressure on Federal Reserve Chairman Jerome Powell to cut interest rates but markets appear sanguine. The S&P 500 closes at…
11 months ago
Ishiba coalition loses upper house majority
Japanese Prime Minister Shigeru Ishiba’s ruling coalition loses its majority in the upper house with rival parties advocating tax cuts and increased …
11 months ago
Netflix posts Q2 beat as membership and ad sales surge
Netflix posts a Q2 beat on the back of strong subscriber growth and advertising sales and has hiked its revenue forecast. Shares move slightly down i…
11 months, 1 week ago
Trump denies plan to fire Fed Chair Powell
President Trump denies he plans to fire U.S. Federal Reserve Chairman Jerome Powell following reports he had written a draft dismissal letter and dis…
11 months, 1 week ago
UK's Reeves urges fresh round of business deregulation
UK Chancellor Rachel Reeves gives her Mansion House speech and calls on regulators to strip back red tape in order to boost growth. In the U.S., the …
11 months, 1 week ago
Nvidia awaits U.S. government clearance for China chip sales
Nvidia expects the green light from the U.S. government to resume selling a key AI chip in China with deliveries to begin soon. Domestic consumption …
11 months, 1 week ago