In a significant shift in U.S. trade policy, President Donald Trump announced the implementation of aggressive tariffs on major trading partners, including Mexico, Canada, and China. This decision has raised considerable concerns across various sectors, igniting debates over its broader economic implications. The White House confirmed that tariffs of 25% on Mexico and Canada, and
World
Royal Dutch Shell, a stalwart in the global oil and gas sector, has recently released its annual financial results for 2024, marking a notable decline in profit. Reporting adjusted earnings of $23.72 billion, the company saw a decrease from the previous year’s profit of $28.25 billion. This decline can be attributed to various factors including
In a remarkable display of financial prowess, Norway’s sovereign wealth fund has once again outdone itself, reporting a staggering profit of 2.5 trillion kroner (approximately $222.4 billion) for the fiscal year 2024. This achievement not only surpasses the previous year’s record of 2.22 trillion kroner, but it positioning the fund as a powerhouse in the
Nvidia, a titan in the semiconductor industry, faced significant turmoil in the stock market, especially following the emergence of a disruptive open-source artificial intelligence (AI) model from a Chinese startup, DeepSeek. On Tuesday, Nvidia shares witnessed a slight rebound of approximately 2.5%, merely one day after a historic plunge of 17% the previous day. This
In the turbulent waters of the global technology market, Japan’s semiconductor industry faces newfound pressures as China’s AI capabilities intensify. The startling rise of DeepSeek, a Chinese startup that has made significant strides in artificial intelligence, now stands as a potential disruptor to the established order, specifically to companies tied to American technology foundations. This
On a significant Saturday in February, a powerful wave of dissent surged through the streets of Germany, as tens of thousands rallied against the growing influence of the far-right Alternative for Germany (AfD) party. The protest, seen in cities like Berlin, was not just a stand against a single political entity, but a broader commentary
In a significant turn of events in the ongoing conflict between Israel and Hamas, the militant group released four female Israeli soldiers on a recent Saturday. This exchange, which also involved the release of approximately 200 Palestinian prisoners, is part of a ceasefire agreement that aims to bring an end to over 15 months of
As the financial community gears up for an intense week packed with earnings reports, investor attention is increasingly focused on the intriguing combination of earnings momentum and analysts’ expectations. With a substantial slate of companies set to unveil their quarterly results, including 90 firms within the S&P 500 index and eight from the Dow Jones
In a remarkable display of financial performance, SK Hynix, a prominent player in the memory semiconductor industry, announced its fourth-quarter earnings, showcasing unprecedented results driven mainly by the soaring demand for high bandwidth memory (HBM) utilized in generative artificial intelligence (AI) technologies. The company reported earnings that exceeded expectations, boasting a revenue of 19.77 trillion
In the wake of rising concerns over trade and drug trafficking, former President Donald Trump has reignited the debate over tariffs on China, Mexico, and Canada. The proposed measures, specifically a 10% tariff on Chinese imports and potential 25% levies on Mexico and Canada, reflect a blend of economic strategy and political maneuvering. This article