Business
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World’s most accurate clock went on sale for $3.3 million in Japan
Mar 6, 2025Resembling a squat, wide fridge, the world’s most accurate clock went on sale for $3.3 million in Japan on Wednesday. The “Aether clock OC 020” is so precise that it would take 10 billion years for... -
Hong Kong firm offloads Panama ports after Trump pressure
Mar 5, 2025Under fierce pressure from US President Donald Trump, Hong Kong firm Hutchison said Tuesday it had agreed to sell its lucrative Panama Canal ports to a US-led consortium. CK Hutchison Holdings said it would offload a... -
Canada strikes back in Trump’s trade war
Mar 5, 2025Canada responded to US President Donald Trump’s broad import tariffs on Tuesday, claiming the American levy was an existential threat that needed to be addressed right away. The first steps taken by Canada include a set... -
European stock markets retreated at the open on Tuesday
Mar 5, 2025European 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
Mar 4, 2025Saudi 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 in 2025
Mar 4, 2025Indonesia 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 to slap fresh tariffs on a range of agricultural imports from the United States as of next week
Mar 4, 2025China 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
Mar 4, 2025Asian 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 filed with US regulators on Monday for a stock market debut
Mar 4, 2025US 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... -
TSMC to invest at least $100 billion in the United States to build “cutting edge” manufacturing facilities
Mar 4, 2025Taiwanese 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...