News
BMW’s CEO anticipates revenue hit due to tariffs
In a letter to investors, BMW CEO Oliver Zipse provided a "conservative" estimate that his company could face over $1...
Gucci’s leadership shuffle sends stock plummeting
Kering, the manager of several renowned fashion houses, including Gucci, has appointed Demna Gvasalia, who has been the Artistic Director...
Trade wars intensify as Trump threatens EU with 200% tariff on wine
President Trump has angrily taken to Truth Social to hit back at the EU for its 50% retaliation tax on...
Intel appoints Lip-Bu Tan as new CEO
Today, Intel is celebrating the appointment of former Board Member Lip-Bu Tan as the new CEO. Following Intel's announcement, the...
Larry Fink says tariffs are hurting the economy
Billionaire Larry Fink has criticized the Trump administration, stating that the turbulent changes in policies and decisions are crippling American...
Sweeping 25% tariff on all steel and aluminum imports starts today
Starting today, President Trump has implemented a 25% tariff on all steel and aluminum imported into the U.S. The European Commission responded...
Ukraine agrees to 30-day ceasefire
Successful talks between Ukrainian Foreign Minister Andrii Sybiha and U.S. top defense officials concluded in Warsaw, where Ukraine has agreed...
PUMA lowers 2025 outlook due to geopolitical tensions and economic challenges
Today PUMA released an updated 2025 outlook, anticipating "ongoing geopolitical tensions and economic challenges in 2025, especially trade disputes and...
Trump responds to electricity surcharge by doubling tariffs on Canada’s steel imports
New York, Minnesota, and Michigan have been warned of a 25% tariff on all Canadian electricity, which could raise bills...
Meta tests in-house AI training chip
Today, Facebook owner Meta is reportedly testing its first in-house chip for training artificial intelligence systems. The move will be...
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