Browsing: Business

U.S. President Donald Trump has signed an executive order implementing sweeping tariff adjustments on a wide array of America’s trading partners, marking a decisive shift in U.S. trade policy and reversing decades of global trade liberalization. The new US tariffs,

The United States will suspend its longstanding tariff exemption for low-value imports starting August 29, 2025, under a new executive order signed by President Donald Trump. The exemption, known as the “de minimis” rule, allowed packages valued at $800 or

Shares of Meta Platforms rose sharply in pre-market trading Thursday, climbing more than 11 percent after the company announced plans to double its AI investment in 2025. The social media and technology giant is preparing to allocate up to $72

As of August 1, steep new US tariffs from the Trump administration are set to go into effect, with wide-reaching implications for American consumers. Grocery stores and major retailers are preparing for significant increases in the cost of imported goods,

Poland is expected to suffer financial losses of approximately $2.16 billion due to the new US tariffs on European goods, Prime Minister Donald Tusk confirmed Tuesday. While acknowledging the damage these measures could cause, Tusk maintained that the compromise deal

HSBC Holdings reported a steeper-than-expected decline in first-half earnings, with pretax profit falling 26% to $15.8 billion, missing analysts’ forecast of $16.5 billion. The drop was driven by a $2.1 billion impairment on its stake in China’s Bank of Communications

Shares in Adidas fell by 6% on Wednesday after the German sportswear company warned that new U.S. tariffs will significantly raise its costs and potentially lead to price increases for consumers in the American market. The company reported that tariffs

Shares of Danish pharmaceutical company Novo Nordisk fell sharply by 20% on Tuesday after the company cut its full-year sales and profit outlook and named a new chief executive officer. The market reaction came amid ongoing challenges in the U.S.

Boeing significantly narrowed its quarterly losses and posted stronger-than-expected revenue, marking a notable step forward in the aerospace manufacturer’s ongoing recovery efforts. The company reported a net loss of $176 million for the second quarter ending June 30, a sharp

Barclays reported second-quarter earnings that exceeded analyst expectations, supported by a strong performance in trading amid increased market volatility. The British lender posted a pre-tax profit of £2.5 billion ($3.34 billion) for the quarter ending June 2025, above the £2.23