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Economy

US in talks over 10% Intel stake, White House confirms

David Thompson

The government of the United States is said to be evaluating a major action that could transform the future of the semiconductor sector. Talks have emerged regarding the potential acquisition…

Economy

Target appoints new boss as it seeks to revive sales

David Thompson

Target Corporation has revealed a major executive shift, selecting a new CEO as it seeks to boost sales and reshape its standing in the competitive retail sector. This decision arises…

Air Canada to resume flights after pay deal struck with union

Economy

Air Canada to restart operations after union pay agreement

David Thompson

Air Canada has come to an understanding with its unionized employees, concluding the ambiguity that encircled its ongoing labor disagreement and paving the way for flight operations to stabilize. The…

Soho House bought for £2bn as Ashton Kutcher joins board

Economy

Soho House purchased for £2bn, Ashton Kutcher joins board

David Thompson

A new chapter has begun for the exclusive global private members' club, Soho House, following a recent acquisition deal that places its valuation at a staggering £2 billion. This significant…

India has 20 days to avoid 50% Trump tariffs - what are its options?

Economy

Can India avoid 50% Trump tariffs in 20 days – what options remain?

David Thompson

With merely three weeks left until the possibility of 50% tariffs being imposed on significant Indian exports to the United States, decision-makers in New Delhi are considering their strategic alternatives…

High whey protein prices take chunk out of THG profits

Economy

THG profits hit by soaring whey protein prices

David Thompson

The Hut Group (THG), a well-known e-commerce company from the UK famous for its health, beauty, and nutrition brands, has experienced a drop in profits partly because of the ongoing…

Chinese nationals charged with exporting Nvidia AI chips to China

Economy

Chinese nationals implicated in Nvidia AI chip exports to China

David Thompson

A group of Chinese nationals has been formally indicted in the United States over allegations of illegally exporting high-performance Nvidia AI chips to China, raising concerns over technology transfer, national…

Trump hits India with extra 25% tariff for buying Russian oil

Economy

Trump imposes extra 25% tariff on India over Russian oil purchases

David Thompson

Former U.S. President Donald Trump has announced a new 25% tariff on Indian goods in response to the country’s ongoing purchase of oil from Russia, a move that has reignited…

Economy

New US visa rule may require $15,000 deposit

David Thompson

El gobierno de EE.UU. está aparentemente considerando una política que exigiría a algunos ciudadanos extranjeros desembolsar un depósito considerable — posiblemente de hasta $15,000 — como un requisito para obtener…

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Economy

Bank decides against rate change, teases future cuts

David Thompson

In its latest announcement, the central bank has chosen to keep interest rates steady, indicating a cautious stance in response to continuous economic shifts. This choice demonstrates a thorough evaluation…