Bank of Canada cuts main interest rate to 3.25%
OTTAWA–In a move to mitigate slower economic growth and a weakening labor market, the Bank of Canada has reduced its main interest…
Nasdaq hits 20,000 for first time as AI rally rages on
(Reuters) – The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on…
60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns
Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
Washington Post reports Elon Musk briefly worked illegally in US in 1990s
WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal
By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
G7 leaders agree to deliver $50 billion in loans to Ukraine as soon as December
By Angelo Amante and David Lawder ROME/WASHINGTON (Reuters) – Leaders of the Group of Seven wealthy democracies on Friday reached consensus on…
US approves $2 billion arms sale to Taiwan including Ukraine tested missile system
By Mike Stone and Ben Blanchard WASHINGTON/TAIPEI (Reuters) -The United States has approved a potential $2 billion arms sale package to Taiwan,…
China expresses concern over tariffs, sanctions in US meeting
HONG KONG (Reuters) – China expressed concern over U.S. tariffs and Russia-related sanctions during a meeting of the two countries’ Economic Working…
Citi quantifies the impact of a unilateral tariff increase by the US
Investing.com — Citi Research has quantified the impact of a unilateral tariff increase by the United States, offering a comprehensive understanding of…
Italy police arrest four over alleged illegal database access, source says
MILAN (Reuters) – Italian police have placed four people under house arrest as part of a probe into alleged illegal access to…
