Browsing: Business

The EU considers retaliatory action if the US enforces tariffs on steel and aluminum, stating such measures are unjustified and urging Washington to provide official details.

Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a “once-in-a-lifetime” business opportunity.

The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists.

Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model.

China imposes new tariffs on U.S. goods, launches an antitrust probe into Google, and files a WTO complaint, escalating trade tensions after Trump’s latest tariff measures.

Trump’s 25% tariffs on Canada and Mexico could drive up prices for gas, groceries, and cars, with experts warning of economic fallout and potential supply chain disruptions.

H&M shares dropped after missing Q4 sales estimates, though profit improved. CEO Daniel Ervér remains optimistic, citing early signs of recovery in the new fiscal year.

Nvidia fell 14% premarket as China’s DeepSeek launched a cost-efficient AI model, shaking global markets and raising concerns over U.S. dominance in AI infrastructure.

Japan raised its interest rate to 0.5%, the highest since 2008, citing inflation and wage growth, signaling a shift in the Bank of Japan’s long-standing monetary policy stance.

Former US President Donald Trump announces a $500B AI initiative with OpenAI, Softbank, and Oracle, launching the Stargate project to maintain US dominance in technology.