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© Germany Urges Apple and Google to Block Chinese AI App DeepSeek Over Data Concerns

Germany Urges Apple and Google to Block Chinese AI App DeepSeek Over Data Concerns

Berlin – Germany’s top data regulator has called on Apple and Google to consider banning the Chinese AI app DeepSeek, citing unlawful transfer of German user data to China in breach of the European Un...

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© Trump Halts All U.S.-Canada Trade Talks Over Digital Services Tax

Trump Halts All U.S.-Canada Trade Talks Over Digital Services Tax

Washington, D.C. – In a sharp escalation of tensions, former President Donald Trump announced Friday that the United States is terminating all trade discussions with Canada, citing Ottawa’s decision t...

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© FedEx Beats Estimates, Targets $1B in New Cost Savings Despite Stock Dip

FedEx Beats Estimates, Targets $1B in New Cost Savings Despite Stock Dip

FedEx Corp. has delivered a stronger-than-expected earnings report for its fiscal fourth quarter, surpassing Wall Street forecasts on both revenue and profit. The logistics giant also announced a new ...

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© China Accelerates Yuan Push as Global Confidence in U.S. Dollar Weakens

China Accelerates Yuan Push as Global Confidence in U.S. Dollar Weakens

China is intensifying efforts to elevate the global role of the yuan, as growing skepticism about the U.S. dollar’s stability reshapes currency dynamics across global markets. With the dollar index do...

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© U.S. Urges China to Prevent Iran From Closing Strait of Hormuz Amid Oil Supply Fears

U.S. Urges China to Prevent Iran From Closing Strait of Hormuz Amid Oil Supply Fears

Amid mounting tensions in the Middle East, U.S. Secretary of State Marco Rubio has urged China to intervene diplomatically to dissuade Iran from closing the Strait of Hormuz, a strategic waterway that...

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© Oil Could Hit $100 as U.S. Enters Iran-Israel Conflict, Strait of Hormuz in Focus

Oil Could Hit $100 as U.S. Enters Iran-Israel Conflict, Strait of Hormuz in Focus

Oil markets are bracing for a new wave of volatility after the United States launched military strikes against Iran’s nuclear sites, deepening its involvement in the ongoing conflict between Iran and ...

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© Kroger Shares Surge as Shoppers Cook More at Home, Seek Lower Prices

Kroger Shares Surge as Shoppers Cook More at Home, Seek Lower Prices

New York – Kroger Co. saw its stock jump over 9% on Friday after the grocery giant raised its full-year sales outlook and reported strong quarterly performance driven by increased consumer demand for ...

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© Tesla to Build China’s Largest Grid-Scale Battery Plant in Landmark Deal

Tesla to Build China’s Largest Grid-Scale Battery Plant in Landmark Deal

Shanghai – In a strategic expansion of its global energy portfolio, Tesla Inc. has signed its first-ever deal in China to construct a grid-scale battery power plant, which is set to become the largest...

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© U.S. Added Over 1,000 New Millionaires Daily in 2024, UBS Report Reveals

U.S. Added Over 1,000 New Millionaires Daily in 2024, UBS Report Reveals

The United States added approximately 379,000 new millionaires in 2024, averaging more than 1,000 every single day, according to the latest UBS Global Wealth Report. This brings the nation’s total mil...

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© China Holds Lending Rates Steady as Trade Deal With U.S. Lifts Economic Sentiment

China Holds Lending Rates Steady as Trade Deal With U.S. Lifts Economic Sentiment

The People’s Bank of China (PBOC) kept its benchmark lending rates unchanged on Friday, signaling cautious optimism as trade tensions with the United States ease and recent monetary measures continue ...

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