S&P Global confirmed the US credit rating at ‘AA+’. The agency stated that revenues from President Donald Trump’s tariffs will offset the burden on the budget from the recent tax cuts and
BHP announced that its annual profit fell to its lowest level in five years. Weak demand from China weighed on iron ore prices, prompting the company to signal cuts in capital and
Intel has received significant support during a challenging restructuring process by securing a $2 billion capital investment from SoftBank. This move is seen as a strong vote of confidence in the US
Databricks announced on Tuesday that it has raised its valuation to over $100 billion with a new funding round. This represents a significant jump from its valuation of $62 billion less than
The week started quietly, with Japan on holiday and President Trump playing golf. However, Nikkei futures traded in Chicago are only just approaching their all-time highs, suggesting the cash index could reach
While Elon Musk’s rightward shift in politics has led to boycotts and sales declines against Tesla in many European countries, the situation is the complete opposite in Norway. Tesla sales in the
US-based video platform and cloud services provider Rumble is considering offering approximately $1.17 billion (€1 billion) for German AI cloud firm Northern Data (NB2.DE). Both companies have made statements on the matter.
UK goods exports to the US fell to their lowest level in three years in June, dropping to £3.9 billion ($5.3 billion). This figure is £0.7 billion lower than in May and
Gold prices fell more than 1% due to uncertainties surrounding potential gold bullion tariffs from the White House and US inflation data. Spot gold fell to $3,362.14 as of 10:20 GMT, after
Accenture announced it will acquire the Australian-based cybersecurity firm CyberCX. According to the Australian Financial Review, the deal is valued at Australian dollars 1 billion (approximately US$650 million), making it Accenture’s largest