Wall Street stocks tumbled into negative territory Friday, ending the week on a downcast note after the White House reaffirmed plans to introduce new tariffs against Mexico, Canada and China beginning February 1.US equities had spent much of the day in the black in a cheery reaction to Apple results and US inflation data that …
US stocks retreat as White House confirms tariffs from Feb. 1 Read More »
President Donald Trump will implement tariffs Saturday on the three largest US trading partners — Canada, Mexico and China — the White House said, sparking alarm for global trade.Trump has reiterated his plans for 25 percent tariffs on neighbors Canada and Mexico, saying they have failed to crack down on illegal migrants crossing the US …
White House says Trump to impose Canada, Mexico, China tariffs at weekend Read More »
A Swiss court convicted Trafigura and three people linked to the commodities trading firm of corruption in Angola, in what campaigners hailed Friday as a “historic” first in Switzerland.A Trafigura statement expressed disappointment at the ruling and said it was reviewing judgment. The lawyer for one former director with the company said he would appeal …
Swiss court convicts Trafigura of corruption in Angola Read More »
President Donald Trump will impose tariffs Saturday on the three largest US trading partners — Canada, Mexico and China — the White House said, sparking concern for global trade.Trump has reiterated plans for 25 percent tariffs on neighbors Canada and Mexico on Saturday, unless they cracked down on illegal migrants crossing the US border and …
White House says Trump will impose Canada, Mexico, China tariffs at weekend Read More »
Stock markets mostly rose Friday, led by New York after strong results from Apple reassured investors that the tech sector was still healthy after a volatile week, though European shares were hit by a late bout of profit taking.AI-related stocks, particularly key chipmaker Nvidia, had plunged early in the week after China’s DeepSeek unveiled an …
Stock markets mostly gain at end of turbulent week Read More »
Major stock markets rose Friday, as a key US inflation reading met expectations and strong results from Apple reassured investors that the tech sector is still healthy after a turbulent week.AI-related stocks, particularly chip-maker Nvidia, had slumped earlier in the week after China’s DeepSeek unveiled an artificial intelligence model to rival those of US tech …
The global economy is bracing for impact as US President Donald Trump’s deadline to impose sweeping tariffs on the three largest US trading partners — Canada, Mexico and China — draws near.Trump said shortly after taking office that he planned to introduce 25 percent tariffs on neighbors Canada and Mexico on February 1, unless they …
World awaits Trump tariff deadline on Canada, Mexico and China Read More »
Data watchdogs in South Korea and Ireland said Friday they would ask Chinese AI startup DeepSeek to clarify how it manages users’ personal information, as governments from around the world turned a spotlight on the service.DeepSeek launched its R1 chatbot this month, claiming it matches the capacity of artificial intelligence pace-setters in the United States …
South Korea, Ireland watchdogs to question DeepSeek on user data Read More »
European and Asian stock markets mostly rose Friday, the end of a week beset by volatility after China’s DeepSeek unveiled an artificial intelligence model to rival those of US tech giants.Confirmation from US President Donald Trump that the world’s biggest economy would impose hefty tariffs on Canada and Mexico from this weekend added to the …
Stock markets close out turbulent week with gains Read More »
South Korea will ask Chinese AI startup DeepSeek to clarify how it manages users’ personal information, its data watchdog said Friday, joining a number of countries seeking answers.DeepSeek launched its R1 chatbot this month, claiming it matches the capacity of artificial intelligence pace-setters in the United States for a fraction of the investment.The news sparked …
South Korea watchdog to question DeepSeek over user data Read More »
