HSBC's pretax profit dropped 26% in the first half, signaling challenges ahead for CEO Elhedery as losses mount in China. The bank restructures to adapt to changing markets amid a struggling property sector.
In a shocking turn, President Trump labels Rosie O'Donnell a 'threat to humanity' as their long-standing feud reignites amidst his controversial trade policies and international relations. O'Donnell fires back on Instagram, mocking Trump and highlighting her move to Ireland. Experts weigh in on the legalities of citizenship revocation, while Trump's tariff threats loom large over Mexico and the EU.
President Trump has announced a 25% tariff on 14 nations, including Japan and South Korea, starting August 1, unless new trade deals are reached. This marks a significant escalation in trade tensions.
As G7 leaders convene in the Canadian Rockies, tensions rise with Donald Trump expected to dominate discussions on trade and foreign policy. Can Canada prevent another summit meltdown?
The U.K. economy shrank 0.3% in April, facing declines in industrial and service sectors due to global trade tariffs and domestic tax increases. With businesses struggling, can the economy bounce back?
U.S. stock futures showed little change after consecutive gains in the S&P 500. While CrowdStrike shares fell on soft revenue guidance, Hewlett Packard's strong performance boosted investor confidence. Analysts weigh in on future market trends amid tariff uncertainties.
The US economy faced a slight contraction due to tariff impacts and reduced household spending, while Canada enjoyed a boost from exports and India surpassed growth expectations at 7.4%.
In a surprising move, eight OPEC+ countries have agreed to increase oil output by 411,000 barrels per day for June, following a similar rise in May. This decision, amid U.S.-China trade tensions and falling prices, has analysts speculating on future market impacts.
President Trump holds a rally in Michigan, marking his first 100 days of his second term amidst controversy over trade tariffs and immigration policies. Discover the impact on local jobs and his relationship with Michigan's governor.
Despite rising trade tensions and plummeting stock markets, the IMF assures that a global recession is unlikely. Learn about the IMF's optimistic outlook and the necessary actions for a resilient economy.
