Business

European stock markets retreated at the open Tuesday as US President Donald Trump kickstarted tariffs on Canada, Mexico and China, with the possibility that similar levies could hit Europe. London’s FTSE 100 index shed 0.6 percent...

Saudi Aramco’s net profits dropped 12.39 percent to $106.25 billion in 2024, the world’s biggest oil exporter said on Tuesday, following a year of lower prices and output cuts. Profits fell on lower revenues “primarily attributable...

Indonesia plans more than 20 energy projects worth around $40 billion this year, its energy minister said Tuesday, as it tries to increase domestic refining capacity. The projects include a bid to use coal to create...

China said on Tuesday it would slap fresh tariffs on a range of agricultural imports from the United States as of next week, in retaliation against a hike in levies by Washington. “Additional 15 percent tariffs...

Asian markets tumbled on Tuesday after US President Donald Trump heaped tariffs on Chinese imports and warned levies on Mexico and Canada could not be averted. Japan’s Nikkei and Hong Kong’s Hang Seng saw the biggest...

US startup Coreweave, which specializes in powering artificial intelligence in the cloud, filed with US regulators on Monday for a stock market debut. Coreweave posted revenue of $1.9 billion last year, leaping some sevenfold from 2023...

Taiwanese chip-making giant TSMC will invest at least $100 billion in the United States to build “cutting edge” manufacturing facilities, President Donald Trump said Monday, announcing the latest blockbuster financial pledge by a private company since...

Shares in the Japanese owner of convenience store giant 7-Eleven jumped more than four percent on Monday after a report said its CEO would be replaced. Last week, Seven & i said its founding family had...

The price of bitcoin fell by almost 10% on Monday as investors fled the market due to the growing trade war and the uncertainty surrounding the establishment of a US cryptocurrency reserve fund. Bitcoin and related...

President Donald Trump said Monday that Taiwanese semiconductor giant TSMC will invest at least $100 billion in the United States to construct “cutting edge” manufacturing facilities. This is the latest significant financial commitment made by a...