US Consumers to Feel Pinch as New EU Trade Deal Solidifies Tariffs
American consumers are likely to feel the pinch from the new US-EU trade deal, which, despite lowering some tariffs, solidifies a new baseline of 15% duties on a wide...
The AI Arms Race Heats Up: Perplexity Targets Chrome with a $34.5B Bid
In an escalating AI arms race, startup Perplexity has set its sights on a new prize: Google's Chrome browser. The company has launched a bold $34.5 billion bid, hoping...
A Third Wiped Off: Ørsted’s Market Value Collapses Amid Trump Policy Fears
Nearly a third of Ørsted's market value was wiped out in a single day as investor fears over Trump administration policies materialized into a full-blown crisis. The Danish wind...
Borrower Relief Tempered by Central Bank’s Inflation Reality Check
The monetary authority has delivered another interest rate decrease, cutting the key rate by 0.25% to 4% in the fifth reduction of the current year. While borrowers benefit from...
Board’s $29B Payout to Musk Aims to Counter Brand Damage from His Politics
In a significant move, Tesla’s board of directors has approved a new $29 billion stock award for CEO Elon Musk, a decision made after a U.S. court invalidated his...
Reeves Welcomes Rate Cut as UK Seeks Growth Amid Spending Limits
Chancellor Rachel Reeves is poised to welcome the Bank of England's anticipated interest rate cut this Thursday, a move that offers some economic relief as the UK government seeks...