Browsing Category
Politics
16,000 jobs to be cut in latest anti-bureaucracy push
Amazon said Wednesday it plans to eliminate about 16,000 corporate jobs, marking its second round of mass job cuts since last October. In a blog post, the company wrote that the layoffs were part of an ongoing effort to "strengthen our…
Trump warns Iran ‘armada’ is heading its way and to agree nuclear deal
U.S. President Donald Trump speaks to reporters about the Israel-Iran conflict, aboard Air Force One on June 24, 2025, while traveling to attend the NATO summit in The Hague in the Netherlands.Brendan Smialowski | Afp | Getty ImagesU.S.…
Deutsche Bank raided by German police in money laundering probe
German police carried out raids at Deutsche Bank in Frankfurt and in Berlin on Wednesday morning, as part of an investigation into money laundering.Shares in the German lender were last seen down about 2.7% following news of the probe,…
U.S.-India trade talks revamp as Trump sees other deals being done
FILE PHOTO: U.S. President Donald Trump meets with Indian Prime Minister Narendra Modi at the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque | ReutersA renewed push to conclude a U.S.-India trade deal may get…
South Korea’s SK Hynix to establish a special ‘AI Company’ in the U.S.
Illustration of the SK Hynix logo displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty ImagesSouth Korean memory giant SK Hynix announced Wednesday that it will set up a new U.S.-based company focused on artificial intelligence…
SK Hynix doubles 2025 profit as AI memory shortages drive earnings beat
Signage at the SK Hynix Inc. booth at the China International Import Expo (CIIE) in Shanghai, China, on Thursday, Nov. 6, 2025. The expo runs through Nov. 10. Photographer: Qilai Shen/Bloomberg via Getty ImagesBloomberg | Bloomberg |…
LVMH shares fall after Q4, FY results fail to impress
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024. Benoit Tessier | ReutersLVMH shares plummeted over 7%…
ASML Q4 2025 earnings report
onathan Raa | Nurphoto | Getty ImagesASML reported on Wednesday orders that smashed past expectations while 2026 sales guidance was also ahead of estimates as AI demand continues to support the Dutch chip giant's business. Bookings, one…
Stoxx 600, DAX, CAC, FTSE, ASML earnings
The company logo before the ASML U.S. Technical Training Academy unveiling in Phoenix, Arizona, U.S., Nov. 20, 2025. Rebecca Noble | ReutersLONDON — European stocks are expected to open in mixed territory on Wednesday as regional…
The EU-India trade deal story is not over yet
U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office at the White House on February 13, 2025 in Washington, DC.Andrew Harnik | Getty Images News | Getty Images
On Tuesday, India and the European…