Business

Ontario’s anti-tariff ad gamble backfires spectacularly

A gamble by the Canadian province of Ontario to fight US tariffs has backfired spectacularly, prompting president Donald Trump to "terminate" all trade negotiations with Canada. The ad, launched...

GM’s Turnaround Story: From Tariff Concerns to Profit Growth

A compelling turnaround story is emerging at General Motors as the company moves from tariff concerns to profit...

Bad Loans, Fraud Allegations at US Banks Spark €37.4bn Euro Bank Rout

Allegations of fraud and reports of bad loans at two US regional banks sparked a massive €37.4 billion...

The Great Unmasking: True Cost of Tariffs Hidden, But Will Soon Be Revealed

The true cost of the recent global trade wars has been temporarily hidden, but a "great unmasking" is...

The $2 Trillion Selloff: A Price Tag on Geopolitical Uncertainty

The sudden and brutal $2 trillion selloff on Wall Street has put a real-time price tag on geopolitical...

Swiss Precision, American Production: Tariffs Drive Brands Like Victorinox Stateside

The transatlantic tariff war is having a profound impact beyond the EU's borders, compelling iconic Swiss brands known for precision manufacturing, like Victorinox, to...

Why Perplexity Wants Chrome: A $34.5 Billion Bid Explained

AI startup Perplexity has made an aggressive $34.5 billion offer for Google Chrome, a move that comes as Google faces the threat of a...

Financial Storm: How Trump’s Permit Review Sparked a Crisis at Ørsted

A financial storm has engulfed Danish energy firm Ørsted, sparked by the Trump administration's review of offshore wind permits. The company’s stock has been...

Split Vote Signals End of Monetary Policy Consensus Era

Britain's central bank has implemented its fifth interest rate reduction of the year, cutting the benchmark by 0.25% to reach 4%. The decision's historically...

Tesla Board Justifies $29B Payout to Musk, Calling it a ‘Critical First Step’ to Secure His Focus

In a significant move, Tesla’s board of directors has approved a new $29 billion stock award for CEO Elon Musk. This decision follows a...

UK’s Economic Resilience Tested: Bank of England Responds

The UK's economic resilience is being severely tested, prompting the Bank of England to respond with a widely anticipated interest rate cut this Thursday....