Browsing: Business

U.S. President Donald Trump has announced he is considering a 10% tariff on Chinese imports, potentially taking effect as early as February 1. The proposed measure follows escalating tensions between Washington and Beijing, with Trump citing China’s alleged role in

Former U.S. President Donald Trump has unveiled a groundbreaking private-sector initiative involving a $500 billion investment in artificial intelligence infrastructure. The announcement, made on Tuesday alongside key figures from OpenAI, Softbank, and Oracle, marks one of the largest technology ventures

British wage growth remained robust in the three months to November 2024, despite increasing indications of a weakening labor market, according to data released on Tuesday. The figures reaffirm the Bank of England’s (BoE) current stance on interest rates as

Germany’s DAX stock index reached a historic milestone on Tuesday, surpassing 20,000 points for the first time despite the country grappling with significant economic challenges. The index, which tracks 40 of Germany’s largest publicly traded companies, has defied domestic economic

The Dow Jones Industrial Average surged on Tuesday as investors reacted positively to President Donald Trump’s comments and initial actions on trade policy, which appeared softer than anticipated. Wall Street’s cautious optimism followed Trump’s inauguration as the 47th president of

The Chinese yuan is under mounting pressure, reflecting the dual challenges of a resurgent U.S. dollar and rising concerns over the economic policies of incoming U.S. President Donald Trump. Market analysts suggest Beijing’s efforts to manage the currency’s decline while

As President-elect Donald Trump prepares to begin his second term, the U.S. stock market is entering a unique and unprecedented phase, defined by historic gains and high levels of concentration. The S&P 500 achieved its second consecutive annual increase of

The OPEC Fund for International Development (OPEC Fund) has announced its contribution of $30 million to co-finance Africa’s largest onshore wind power project. This initiative involves the construction of two wind farms, each with a capacity of 550 megawatts, combining

Quantum computing stocks surged on Wednesday after Microsoft unveiled its directive urging businesses to become “quantum-ready” by 2025. The announcement, paired with broader investor optimism fueled by easing inflation data, led to significant gains for several key players in the

Stock futures edged higher on Tuesday morning as investors prepared for two critical inflation reports this week. Futures tied to the Dow Jones Industrial Average rose by 69 points, or 0.2%, while S&P 500 and Nasdaq 100 futures also advanced