Browsing: Business
Gold soars past $2,950, reaching record highs as investors seek safety amid trade tensions, falling yields, and central bank demand, pushing markets toward defensive strategies.
UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics.
HSBC will announce $1.5 billion in cost savings and 40 job cuts in Hong Kong as it restructures, with further layoffs expected as part of a shift towards Asian markets.
The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official details.
Russia has announced that its extractable natural gas reserves are sufficient to sustain production levels for more than 100 years. Alexander…
Backed by €578 million investment, Austria’s Industrial Hydrogen Valley will enhance green hydrogen output, cutting emissions and advancing industrial decarbonization.
Tesla’s sales in Germany saw a sharp decline of nearly 60% in January, according to data from the Federal Motor Transport…
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence…
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis…
Nvidia’s stock surged over 4% on Wednesday, rebounding from last week’s sell-off as concerns over China’s DeepSeek AI model failed to dampen Big Tech’s…