Oracle shares rise 9% after Trump unveils $500 bln AI plan
Oracle shares surged nearly 9% in Frankfurt after U.S. President Donald Trump revealed that the company would collaborate with OpenAI…
Category: International
Trump pardons dark web marketplace founder Ross William Ulbricht
In a move that has stirred significant controversy, President Donald Trump has granted a full pardon to Ross William Ulbricht,…
After two years of smooth sailing, the Fed ready to navigate the rocky bond market, Trump’s uncertainty
The Federal Reserve is preparing to meet amid rising concerns over a turbulent bond market and the unpredictable policies of…
Markets ride a rollercoaster as Trump returns to US presidency
Global markets experienced extreme volatility following Donald Trump’s inauguration, with sharp swings across stocks, currencies, commodities, and cryptocurrencies. The turbulence…
Investors eye US stock market after Trump’s inauguration
Investors closely monitor the U.S. stock market following Donald Trump’s inauguration for his second presidential term. Historically, the benchmark S&P…
Trump withdraws US from World Health Organization, halts foreign development aid
President Donald Trump has announced that the United States will withdraw from the World Health Organization (WHO), citing its mishandling…
Samsung, LG may move some home-appliance manufacturing from Mexico to US, paper says
According to a South Korean newspaper, Samsung Electronics and LG Electronics are reportedly evaluating a shift in home appliance manufacturing…
HP Introduces World’s First AI-driven Gaming Laptop
HP Inc. has introduced the OMEN Max 16, the world’s first AI-driven gaming laptop, promising unmatched power and immersive gameplay.…
Trump’s new cryptocurrency surges to $10bn market value
The digital token $TRUMP, launched on Friday, saw its price skyrocket from less than $10 on Saturday to a peak…
Markets Rally as Trump Returns to White House
As Donald Trump prepares for his second term as U.S. president, investors are cautiously optimistic about his pro-business policies while…
Taiwanese Tech Firms Consider US Expansion to Counter Trump Tariffs
Taiwanese laptop manufacturers Compal and Inventec are exploring expansion into the United States, with Texas emerging as a strong candidate…
Paytm Loss Narrows as Digital Payments Business Recovers
Indian fintech company Paytm reported a significant reduction in its third-quarter adjusted loss as its digital payments business rebounded following…
Wipro Stock Surges Amid Hopes of IT Sector Revival
Wipro’s shares soared by about 8% on Monday, marking their best day in nearly four years, after the Indian IT…
TikTok Restored in the US as Trump Reverses Ban Decision
In a dramatic turn of events, millions of American TikTok users were met with an unexpected shutdown of the app…
Trump Promises Swift Action on US Crises at Pre-Inauguration Rally
At a massive pre-inauguration rally in Washington, President-elect Donald Trump vowed to take immediate action on national issues, focusing primarily…
Scott Bessent Faces Senate Scrutiny Over Taxes Trade and Deficits
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, is set to face tough questions from the Senate Finance Committee…
Apple Seeks New Credit Card Partner as Goldman Backs Out
Apple is in talks with Barclays and Synchrony Financial to replace Goldman Sachs as its credit card partner, sources say.…
ECB Looks to Services Prices to Meet Inflation Target Says Chief Economist
Eurozone inflation is expected to decline in 2025 due to slower wage growth and reduced cost pressures, according to European…
UK Business Confidence Falls to Two-Year Low Amid Tax Concerns
British business morale plunged to its lowest point in two years during late 2024, driven by tax concerns following the…
TikTok Prepares for Potential U.S. Shutdown on Sunday
TikTok is gearing up to shut off access to its app for U.S. users on Sunday, pending the Supreme Court’s…
Japanese Investors Sell Foreign Assets for Third Consecutive Month in December
Japanese investors continued to offload foreign assets for the third month in a row in December, responding to rising U.S.…
Apple and Samsung Face Decline in Smartphone Shipments Amid Rising Chinese Competition
Smartphone shipments for Apple and Samsung both declined in the fourth quarter of 2024, according to preliminary data from the…
US lawmakers urge Biden to extend TikTok Jan. 19 ban deadline
Two Democratic lawmakers have urged Congress and President Joe Biden to extend the Jan. 19 deadline for ByteDance, the Chinese…
India’s HCLTech tumbles nearly 10% after Q3 revenue miss
HCLTech, India’s third-largest software services provider, saw its shares tumble nearly 10% on January 14, marking its worst session since…
EU Reevaluates Big Tech Investigations Under Digital Markets Act
The European Commission is reassessing ongoing investigations into Apple, Google, and Meta under the Digital Markets Act (DMA), a landmark…
US Tightens AI Chip Export Controls Amid Backlash from Tech Industry
The United States is introducing stricter regulations on the export of advanced AI chips and related technology to numerous countries,…
Apple Urges Shareholders to Reject Call for DEI Programme Rollback
Apple’s board has urged investors to reject a proposal aimed at dismantling its Diversity, Equity, and Inclusion (DEI) programs. The…
Sub-Saharan Africa Lost $1.56bn To Internet Shutdown In 2024 – Report
Sub-Saharan African countries collectively lost $1.56 billion due to government-induced internet shutdowns in 2024, accounting for 19% of the $7.69…
Investors Pick Kenya Over Nigeria As Startup Funding Falls To $2.2bn
In 2024, Kenya emerged as the top destination for startup funding in Africa, surpassing Nigeria for the second consecutive year.…
European Stocks Edge Higher as Mining Gains Offset Retail Losses
European stocks regained stability on Thursday, as the STOXX 600 index rose by 0.1%, recovering from early declines. Mining stocks…