Evening roundup: Powell lifts markets, Canada softens tariffs, Trump eyes $2B for DC
From Wall Street’s surge on Powell’s rate-cut hints to Canada’s softer line on US tariffs and Donald Trump’s push for…
ASX 200 breaches 9,000 points for the first time: here’s what drove the surge
Australian shares surged past the key 9,000 mark for the first time on Thursday, lifted by financials and a string…
Why is tech at war over AI talent?
The world’s biggest tech companies are tearing up the rulebook in their pursuit of AI. Energy, infrastructure, talent. It’s about…
WH Smith shares tumble 40% after £30m accounting error in North America
Shares of WH Smith plunged by nearly 40% on Thursday after the travel retailer revealed it had overstated earnings at…
China’s H1 2025 carbon emissions decline, driven by renewables
China saw a 1% decrease in carbon dioxide emissions during the first half of 2025 compared to the same period…
US, EU outline trade deal details on pharma, semiconductors and autos
The United States and European Union on Thursday released new details of their trade framework, providing clarity on tariffs for…
Coty shares slump 21% as weak demand and tariffs weigh on outlook
Shares of beauty giant Coty fell more than 21% in premarket trading on Thursday after the CoverGirl and Gucci fragrances…
US jobless claims spike as labor market shows cracks ahead of Jackson Hole
The US Department of Labor came out with its weekly unemployment numbers on Thursday. New claims went up by 11,000…
Critical gas compressor station hit as Russia intensifies strikes in Ukraine
In a significant escalation of attacks despite US peace efforts, Russia targeted a crucial gas compressor station in eastern Ukraine,…
New York Appeals Court strikes down $464 million fraud fine against Trump
A New York appeals court on Thursday overturned a $464 million fraud penalty against US President Donald Trump and his…