Browsing: Business

U.S. President Donald Trump announced on Sunday a new trade agreement with the European Union, following high-level negotiations with European Commission President Ursula von der Leyen in Turnberry, Scotland. The deal introduces a 15 percent tariff on most goods imported from EU countries, down from the

Alphabet Inc., the parent company of Google, posted stronger-than-expected second-quarter earnings, supported by robust performance in advertising and accelerated growth in its cloud business. The company reported adjusted earnings per share of $2.31 on revenue excluding traffic acquisition costs of $81.7

Bitcoin fell slightly on Wednesday, slipping to $118,466 as investor sentiment remained subdued and the cryptocurrency  continued to trade within a narrow range. The decline follows a recent surge to a record high of over $123,000 earlier this month, with price action

United States President Donald Trump announced on Tuesday a new trade framework with Japan that places a 15 percent tax on goods imported from that country. The announcement was made on the Truth Social platform. President Trump described the agreement as

Amazon has issued a warning to its 220 million global Prime customers, cautioning them about a surge in impersonation scams targeting their login credentials and personal information. The company reported a significant increase in fraudulent emails falsely claiming to relate to

Meta Platforms has confirmed it will not sign the European Union’s new AI code of practice, calling the guidelines an unnecessary overreach that will stifle innovation and hinder growth for AI developers. In a public statement posted on LinkedIn, Meta’s Chief Global Affairs Officer,

Wall Street enters a critical earnings season this week under growing pressure, with America’s largest banks set to report results against an increasingly challenging backdrop. After months of record highs in both the U.S. and Europe, signs are emerging that market momentum is faltering.

Apple has announced a $500 million commitment to US-based MP Materials to secure a long-term supply of American-made rare earth magnets, reinforcing its push to strengthen domestic supply chains and reduce reliance on foreign sources. This agreement marks a significant step

Imports at the Port of Los Angeles surged in June as American retailers scrambled to bring in goods ahead of potential new tariffs, highlighting the ongoing uncertainty surrounding U.S. trade policy. The port handled 470,450 twenty-foot equivalent units (TEUs) of

Meta Platforms has announced plans to invest hundreds of billions of dollars in computing infrastructure as part of its long-term ambition to develop artificial superintelligence. The move was confirmed by Chief Executive Mark Zuckerberg, who outlined the company’s strategy in a