Business

China Unveils Drone Export Controls, Sanctions on Six US Firms Over Trade Restrictions

China announced drone export controls and a ban on dealings with six American entities in response to recent US trade restrictions, deepening tensions.

Typhoon Dolphin Drives Hong Kong to Hottest Day on Record as Eastern China Evacuates Millions

Hong Kong hit 36.9C, its hottest in 142 years, as Typhoon Dolphin brought extreme heat and drove mass evacuations across eastern China.

Pentagon Presses US Defense Firms to Accelerate Weapons Output Amid Depleted Stockpiles

The Pentagon is urging US defense contractors to accelerate munitions production amid depleted stockpiles and rising global security concerns.

El-Sayed and Stevens Square Off in Closely Watched Michigan Senate Primary

Michigan Democrats choose Tuesday between progressive Abdul El-Sayed and Rep. Haley Stevens in a closely watched Senate primary for Gary Peters' open seat.

China Unveils Drone Export Controls, Sanctions on Six US Firms Over Trade Restrictions

China announced drone export controls and a ban on dealings with six American entities in response to recent US trade restrictions, deepening tensions.

Aston Martin Balances Tariff Costs and Affirms 2025 Outlook Amid U.S. Strategy Shift

Aston Martin announced that it will adopt a balanced approach in managing the financial impact of newly imposed U.S. tariffs, splitting the associated costs...

Volkswagen Warns of Lower Profit Margins Amid Tariff Uncertainty

Volkswagen announced that its operating profit margin for the year will likely fall at the lower end of its projected 5.5% to 6.5% range....

Samsung Warns of Tariff-Driven Uncertainty Despite Solid First-Quarter Profit

Samsung Electronics issued a warning about increasing global trade uncertainties, noting that U.S. tariffs could dampen demand for products like smartphones and complicate future...

Markets Struggle as Tariff Warnings Weigh on Stocks and Oil Prices

Shares had a mixed performance on Wednesday as investors awaited crucial economic data that could shed light on the effects of U.S. President Donald...

Microsoft Affirms Commitment to European Laws Amid Big Tech Scrutiny

Microsoft's President, Brad Smith, reiterated the company’s respect for European laws, including the landmark Digital Markets Act, which seeks to limit the power of...

Hedge Funds Pull Back from European Stocks Amid Trade Concerns

In the largest sell-off of European stocks by hedge funds in a decade, investors pulled back significantly during March and April, according to a...

Trump Softens Auto Tariffs Amid Economic Concerns

President Donald Trump signed two executive orders to ease the impact of his auto tariffs, offering credits and relief from other levies on materials....

U.S. Economy Faces Slowdown Amid Trump’s Tariff Policies

The U.S. economy likely faced a slowdown or even contraction in the first quarter, impacted by a surge in imports as businesses sought to...

TikTok Dominates Short-Form Video Market Amid Growing Competition

TikTok’s dominance in the short-form video market is becoming increasingly apparent, with the app now boasting over 1.12 billion active users worldwide. Since its...

Meta’s AI Strategy Faces Tariff Risks and Investor Scrutiny

Meta’s plan to dominate the artificial intelligence (AI) market is being closely watched as the company prepares for its earnings report this week. A...

Fintech Stocks Face Uncertainty Ahead of Earnings Reports Amid Tariff Concerns

The upcoming earnings reports for PayPal, Block, and Affirm are generating investor anxiety as these fintech giants are closely tied to consumer spending, which...

IBM to Invest $150 Billion in U.S. Manufacturing and AI Advancements

IBM has committed to investing $150 billion in the U.S. over the next five years, with more than $30 billion dedicated to advancing the...

Veza Raises $108 Million to Expand AI-Powered Access Management Solutions

Veza, a software company specializing in managing internal technology access within organizations, has raised $108 million in a funding round led by New Enterprise...

Palo Alto Networks to Acquire Protect AI for Enhanced AI Security

Palo Alto Networks has announced its plans to acquire Protect AI, a startup focused on securing artificial intelligence (AI) and machine learning (ML) applications,...

- A word from our sponsors -

spot_img

Follow us

HomeBusiness