The cuts achieve only a tiny fraction of the $1 trillion in annual savings that tech billionaire and estranged Trump donor Elon Musk vowed to find before his acrimonious exit in May from a role spearheading federal cost-cutting.
Retail sales rose far less than expected last month and were much weaker than May, suggesting efforts to kickstart consumption have fallen flat.
Swatch Group's profitability takes a hit as weak sales in China overshadow growth in other regions, with net sales falling 11. 2% and profits plunging 88%. The company ...
Huawei has reclaimed its position as the leading smartphone brand in China, outpacing Apple and local competitors, according to the latest IDC report. This significant ...
Barclays bank has been fined £42 million by the UK's FCA for serious lapses in financial crime risk management, raising concerns about the effectiveness of banking ...
Experts at McKinsey, a US consulting firm, describe a race to build enough data centers to keep up with AI's rapid growth, while warning that the world is heading ...
One of Nissan's six domestic plants, Oppama exmployed around 3,900 people as of October 2024 and began operations in 1961, according to the company's website.
Tesla has officially entered the Indian market with the opening of its first showroom in Mumbai, aiming to attract new customers as sales decline in the US and Europe. ...
The European Commission unveils a bold proposal to target €72 billion worth of US goods if tariff negotiations with Washington fail, as tensions rise following President ...
Despite initial turmoil, Wall Street has rebounded from Trump's tariff threats. What does this mean for the future of US trade policy?
Global oil demand growth is faltering, with several countries feeling the pinch from US tariffs, according to the International Energy Agency (IEA). What does this ...
Boeing has reached a confidential settlement with Paul Njoroge, who lost his family in the tragic 737 MAX crash of 2019, thus avoiding a federal trial set for Monday. ...
President Donald Trump's announcement of a 50% tariff on Brazilian goods escalates a diplomatic feud linked to Jair Bolsonaro's prosecution, raising questions about ...
Sergey Brin, co-founder of Google, has sparked controversy by labelling the United Nations ‘transparently antisemitic’ in an internal forum, following a report accusing ...
US President Donald Trump responds to BRICS' criticism of his trade policies with a stark warning of a 10% tariff on nations aligning with the bloc, as tensions ...
In a bold move, President Trump threatens tariffs of up to 40% on imports from 14 countries, including Japan and South Korea, as he seeks to renegotiate trade deals ...
Tesla's stock plummets by 7% following Elon Musk's announcement of a new political party, raising questions about the future of the electric vehicle giant amid his ...
OPEC+ members, including Saudi Arabia and Russia, have announced a surprising increase in oil output to 548 000 barrels per day in August, defying analyst expectations ...
At the upcoming BRICS summit in Rio de Janeiro, leaders from Brazil, Russia, India, China, and South Africa are set to address Donald Trump's controversial tariffs, ...
France has imposed a record €40 million fine on Shein for deceptive sales practices, revealing how the e-commerce giant misled consumers about pricing and environmental ...