Browsing: Business

Dow tumbles over 600 points as Trump confirms tariffs on Mexico and Canada, sparking fears of a trade war. Markets reel as investors brace for impact.

India’s economy expanded by 6.2% in Q3 FY25, driven by robust rural demand, higher government spending, and strong exports despite global trade uncertainties.

NVIDIA reports record Q4 revenue of $39.3B, up 78% YoY, fueled by AI demand. Full-year revenue surged 114% to $130.5B, led by Data Center growth and Blackwell AI supercomputers.

Apple is investing $500B in the US over four years, expanding AI, silicon engineering, and manufacturing, including a new factory in Texas and 20,000 new jobs nationwide.

The EU posted a €27.2 billion trade surplus in Q4 2024, its sixth in a row, led by strong exports in chemicals and machinery despite persistent energy deficits.

Gold soars past $2,950, reaching record highs as investors seek safety amid trade tensions, falling yields, and central bank demand, pushing markets toward defensive strategies.

UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics.

HSBC will announce $1.5 billion in cost savings and 40 job cuts in Hong Kong as it restructures, with further layoffs expected as part of a shift towards Asian markets.

The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official details.

Russia has announced that its extractable natural gas reserves are sufficient to sustain production levels for more than 100 years. Alexander…