Business
Stock Market Update: Uber Drops on Potential Changes to Self-Driving Regulations
The S&P 500 kicked off the trading week with a 0.4% gain, as investors eagerly awaited Nvidia's highly anticipated earnings report. Supermicro shares rebounded after the server maker announced...
Business
Company secures new auditor to maintain stock exchange listing; shares rise
Super Micro Computer, an embattled server maker, has taken significant steps to address its compliance issues with Nasdaq. The company has hired BDO as...
Business
Fracking Hot Rocks for Clean Energy
Tim Latimer, the CEO and co-founder of Fervo Energy, has raised over $400 million to pursue his dream of unlocking limitless zero-carbon thermal energy...
Business
Northern Irish man arrested in Dubai for negative online review
A Northern Irish man, Craig Ballentine, has been detained in the United Arab Emirates (UAE) after posting a negative Google review about his former...
Business
Capri ends merger due to regulatory obstacles
The proposed $8.5 billion merger between luxury fashion brands Capri and Tapestry has been officially abandoned. The merger faced scrutiny from the Federal Trade...
Business
Social Media Fragmentation: User Exodus to Threads and Bluesky
The mass exodus from Twitter, now known as X, has been a significant trend in the social media landscape. Prominent figures, including podcast host...
Business
Japanese GDP growth rebounds in 3rd quarter
Japan's economy showed signs of recovery in the third quarter, with real gross domestic product (GDP) expanding 0.3% year-on-year, ending two consecutive quarters of...
Business
Powell’s comments bring investors back to reality after election high
The U.S. markets fell on Thursday, ending the week lower as the "Trump trades" fizzled out. The European Stoxx 600 index, however, climbed 1.08%,...
Business
Dubai Financial Center Halts Companies Linked to Iran Oil Supplier
The Dubai International Financial Centre (DIFC) has suspended multiple companies that are reportedly part of a network overseen by Iranian oil trader Hossein Shamkhani....
Business
Global economy braces for impact of Trump administration
The Financial Times (FT) offers a range of digital subscription options to cater to different reader preferences. The Standard Digital subscription provides access to...
Business
Trump’s re-election causes global economic uncertainty
Donald Trump's election as president has created uncertainty in the global economy. His proposals to impose high tariffs on imports, particularly from China, would...