The decision to promote MAX comes as Moscow is seeking greater control over the internet space. MAX messenger is expected to be among mandatory pre-installed […]
Category: Business
Wall Street futures slip ahead of Walmart’s results, Fed meet
Traders are looking for any commentary from Federal Reserve chair Jerome Powell that would signal an interest rate cut in September. Dow E-minis were down […]
Moscow strikes S’pore-US company in major attack on Ukraine
The overnight assault was one of Russia’s largest in its full-scale invasion of its neighbour. The damaged enterprise in Mukachevo belonged to the US-listed company […]
Boeing in talks to sell up to 500 planes to China
The deal would be a major win for the struggling US manufacturer, with company shares rising as high as 3.7% in pre-market trades. The Boeing […]
EU gets 15% US tariff for cars, fails to secure wine reprieve
The new rate will kick in once the bloc introduces legislation to reduce its own duties on American goods. France, Italy and other wine-making countries […]
Google to provide Gemini AI tools to US government
Federal agencies will receive the artificial intelligence tools for practically free. A suite of AI and cloud computing services called ‘Gemini for Government’ is intended […]
Walmart expects better sales, earnings as shoppers squeezed by tariffs
The US retail giant observed rising costs as imported goods grew pricier when replenished at post-tariff price levels. As the nation’s largest retailer, Walmart was […]
Wall Street closes down as investors brace for Powell’s speech
Potentially hawkish remarks by the Federal Reserve chief sparked concerns markets could face significant volatility. Volume on US exchanges totalled 12.28 billion shares, compared with […]
US abruptly stops visas for foreign truck drivers
A fatal crash involving an Indian driver, who failed an English test, sparked anger among President Donald Trump’s base. The number of foreign-born truck drivers […]
South Korea turns to culture in search of next fillip for growth
Asia’s fourth-largest economy is betting on cultural exports at a time of growing protectionist barriers for traditional manufacturers. South Korea’s exports of intellectual property, from […]