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Beijing warned it will take corresponding measures if Donald Trump follows through on a threat to impose 100% tariffs on Chinese imports, intensifying a spat that has already rattled markets. China defended its sweeping …
China defended its Oct. 9 rare earth export controls as lawful and limited, saying approvals will be granted for compliant applications and military-linked items denied. The rules extend to related IP and technology and …
President Donald Trump’s threat of an additional 100% tariff on Chinese imports ignited a late-Friday crypto rout, exposing risky leverage and prompting $18.28 billion in liquidations, according to CoinGlass, which calle…
After a record-setting surge in US stocks, traders enter earnings season with high expectations and little tolerance for disappointments. The S&P 500 is up 11% year-to-date, powered by a frenzy over artificial intelligen…
Morgan Stanley’s asset-management arm has asked to redeem part of its investment in a Jefferies Financial Group fund, according to people familiar with the talks. The money was placed with Point Bonita Capital, a Jefferi…
Japan’s Asahi halted production at most of its 30 domestic factories after a cyber-attack, leaving restaurants and shops short of Super Dry and other drinks. Although all facilities, including six breweries, have partial…
As the U.S. government shutdown hit day ten Friday, an uptick in sick calls among essential aviation staff deepened staffing strains just as 52,000 flights are slated for the Columbus Day weekend. CBS News correspondent …
Wall Street is on edge after auto parts maker First Brands filed for bankruptcy on 29 September, revealing liabilities of $10bn-$50bn against $1bn-$10bn in assets and heavy reliance on opaque off-balance-sheet invoice fi…
At the Purfeerst farm in southern Minnesota, 100,000 bushels of soybeans—worth about $10 apiece—sit in bins with no clear buyer. A US–China trade war has halted Chinese purchases, which last year topped $12bn and represe…
Chinese stocks listed in the U.S. slumped Friday after former President Donald Trump threatened sharp tariff hikes on Chinese imports, calling China “very hostile.” Alibaba and Baidu dropped about 8%, JD.com 6.6%, PDD Ho…
Howard Stern says he’s in talks with SiriusXM about extending his deal and hinted he may seek “ownership” if he stays. In an interview with Andy Cohen, he praised the company he helped grow but declined to detail negotia…
Google may be required to make changes in the UK to give users more search engine options, following a decision by the Competition and Markets Authority (CMA). The CMA has given Google 'strategic market status', which co…
Dominion Voting Systems, the company falsely accused of election fraud in 2020, has been acquired by Liberty Vote. The latter now assumes full ownership and operational control, with Dominion's website redirecting to lib…
The S&P 500 and Nasdaq Composite retreated from all-time highs on Thursday amid the ongoing U.S. government shutdown. The S&P 500 fell 0.28% to close at 6,735.11, while the Nasdaq slid 0.08% to finish at 23,024.63. The D…
Apple's entry-level AirPods are now available at their lowest price yet, a compelling $89 deal, representing a significant 31 percent markdown. This offer, a standout post-Prime Day bargain, applies to the non-noise-canc…
Ferrari has revealed initial details about its first all-electric vehicle, the Elettrica, set to debut next year. Boasting over 1,000 horsepower from four electric motors, the focus is on dynamic cornering capabilities a…
Delta Air Lines CEO Ed Bastian indicated smooth operations amidst the federal shutdown, but warned of potential disruptions if it extends beyond 10 days. The aviation industry is already facing challenges with over 13,00…
JPMorgan Chase CEO Jamie Dimon warns of a significantly higher probability of a US stock market crash than currently factored into market pricing, estimating the risk at 30% within six months to two years. He cites geopo…
Delta Air Lines is forecasting a stronger-than-expected end to 2025, driven by rising airfares and robust demand for luxury travel. The airline exceeded analyst expectations for its third-quarter earnings and revenue, wi…
PepsiCo announced its third-quarter results, surpassing analyst expectations for both earnings and revenue. Strong international performance helped to counteract a continued decline in North American sales volume. Despit…
JPMorgan Chase CEO Jamie Dimon expressed concerns about a potential US recession in 2026, despite current strong economic data. He cited weakening job numbers, persistent inflation, AI's impact, and trade wars as key wor…
Jimmy Kimmel discussed a recent controversy, crediting Disney executives Dana Walden and Bob Iger for helping navigate the situation. He believes right-wing media distorted his comments and praised Walden as a potential …
HSBC plans to take its subsidiary, Hang Seng Bank, private in a deal valued at over $37 billion. Hang Seng shares surged 29.5% on the news, with HSBC offering HK$155 per share, a 33% premium. HSBC aims to strengthen its …
The Bank of England has issued its strongest warning to date, cautioning that global financial markets face a heightened risk of a sharp correction due to potential negative sentiment surrounding AI. Citing similarities …
Mumbai has officially opened its second airport, Navi Mumbai International Airport (NMI), after two decades of development. This new facility aims to significantly reduce passenger wait times and overcrowding at the exis…