US administration may earn billions in TikTok deal, says WSJ
The Donald Trump-led US government is about to cash in big from the long saga over TikTok’s American future.An exclusive report by The Wall Street Journal reported on Saturday that…
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How India responded to Trump’s $100k H-1B fee: ‘have humanitarian consequences’
The Indian government has voiced strong concerns over President Trump’s latest move to slap a $100,000 annual fee on H-1B visas.This sudden hike could really hit Indian tech workers hard,…
Commodities wrap: Oil slips on demand concerns; bullion and copper continue ascent
Gold prices rose on Friday, and headed for its fifth straight weekly gain on the back of the US Federal Reserve cutting interest rates earlier this week. Meanwhile, oil prices fell…
Soybean windfall brings pain to Argentina’s crushing industry amid US-China trade war
Chinese import restrictions from US President Donald Trump’s trade war with China have reverberated through markets for global agricultural commodities, with Argentina as the trade war’s both beneficiary and victim.…
Lyft shares jump 16% after Waymo teamup for Robotaxi in Nashville
Shares of Lyft gained overy 16% on Wednesday after Alphabet owned Waymo announced its first commercial partnership with Lyft to roll out autonomous ride services in Nashville next year. The…
Brazil seen holding rates as US Fed expected to deliver 25 bps cut
Brazil’s monetary policy committee is expected to keep the Selic rate steady at 15% on Wednesday, according to a pre-Copom survey by XP cited in an InfoMoney report.The survey of…
CoreWeave shares jump 7% after unveiling $6.3 billion Nvidia deal
CoreWeave shares rose more than 7% on Monday after the company revealed details of a previously undisclosed contract with Nvidia worth up to $6.3 billion. The deal, originally signed in…
Weekly wrap: markets rally, Charlie Kirk murder, iPhone 17 launch and PMs resign
The past week delivered a mix of market gains, corporate surprises, and political upheavals across the globe. US equities posted their strongest performance in weeks, while Oracle’s cloud backlog announcement…
Sainsbury’s in talks to sell Argos to China’s JD.com as firm tries to enter UK market
British supermarket group J Sainsbury is in discussions with Chinese e-commerce giant JD.com about a potential sale of its Argos general merchandise business. The talks, confirmed by Sainsbury’s on Saturday,…
Why Barclays turned positive on General Motors and Aptiv
The outlook for the US auto industry is improving, according to Barclays, which upgraded shares of General Motors and Aptiv on Friday. Analyst Dan Levy raised his rating on both…