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Browsing: Business
US President Trump announced a new trade deal with Japan, introducing a 15 percent tariff and a claimed US$550 billion Japanese investment.
AstraZeneca’s $50 billion investment will expand US drug manufacturing and R&D, boosting innovation and creating new job opportunities in key locations.
US tariffs on EU goods will rise to 30% on August 1, with Europe preparing countermeasures as trade talks falter between Brussels and Washington.
US stocks hit records as tech and earnings lead gains, with Alphabet, Tesla and Verizon driving optimism despite trade policy concerns.
Amazon warns 200 million Prime users of phishing scams targeting login credentials with fake emails claiming Prime subscriptions will automatically renew.
Meta has rejected the European Union’s AI code of practice, saying it overreaches and creates legal uncertainty that threatens AI innovation and business growth.
US retail sales rose 0.6% in June as consumers prioritized essentials and autos despite inflation and tariffs, highlighting steady demand and economic resilience.
Jerome Powell firmly rejects White House claims of wasteful spending on the Federal Reserve renovation, citing transparency and unavoidable cost increases.
Eurostat figures highlight rising inflation across the euro area in June, with services and food costs driving gains.
House Republicans advanced crypto regulation bills after breaking a record-setting deadlock, overcoming GOP divisions to push key legislation closer to passage.
