News

Fed governors Michelle Bowman and Christopher Waller dissented with the decision, saying the central bank should have cut rates. It marked the first time since 1993 that two governors formally ...
Samsung’s $16.5bn chipmaking deal with Tesla is set to be a crucial test of the Korean tech group’s ability to meet the high ...
The US has imposed sweeping new sanctions on a vast international shipping empire that it says has funnelled tens of billions ...
Meta’s shares jumped more than 10 per cent off the back of better than expected second-quarter earnings, in a sign of Wall Street confidence as chief executive Mark Zuckerberg doubles down on his big ...
For the April-to-June quarter, Ford booked a net loss of $36mn compared with a profit of $1.8bn a year earlier, and far below the consensus analyst estimate of $1bn in net income, according to data ...
KKR, one of the world’s largest data centre owners, will use its portfolio company CyrusOne to construct the campus, while ECP will supply the data centre’s power using Calpine, the energy producer it ...
Copper traded in New York dropped about 18 per cent to $4.60 a pound in tumultuous trading after the president’s announcement ...
US president lashes out at New Delhi’s trade policies and economic ties with Russia but later signals deal possible ...
US secretary of state Marco Rubio said in a statement that “the United States is sanctioning Brazilian Supreme Court Justice Alexandre de Moraes for serious human rights abuses, including arbitrary ...
Chief executive Guillaume Faury said the company was counting on engine suppliers to recover by the end of the year ...
Federal Open Market Committee votes to hold rates at 4.25-4.5 per cent at its July meeting on Wednesday Two members dissented against the decision, Michelle Bowman and Christopher Waller. Both voted ...
In a post on his Truth Social network, Trump hailed the 3 per cent growth figure as “WAY BETTER THAN EXPECTED!” and called on Fed chair Jay Powell to reduce interest rates. Treasury yields and the US ...