The global auto industry was thrown into turmoil on Wednesday (March 26) as US President Donald Trump announced sweeping 25 percent tariffs on imported vehicles and auto parts. The tariffs, set to take effect in early April, mark a significant escalation in Trump’s ongoing trade war and are expected to…
Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications. The event comes at a pivotal time for Nvidia shares. After two years of monster gains, the stock is down 15% over the past month and…
Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company prepares to open its first U.S. store in the Westfield Century City mall in Los Angeles this spring. Since its…
Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount retailer’s CEO, Michael Creedon, said the company is seeing “value-seeking behavior across all income groups.” While Dollar Tree has always relied on lower-income shoppers and gets…
Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment. The executives, shielded by anonymity, bluntly criticized Trump in their responses to a survey conducted by the Federal Reserve Bank of Dallas from March 12 to March 20.…
A Russian military court has handed down long prison sentences to several members of Ukraine’s Azov Regiment, which led the defense of the key city of Mariupol during the early months of the war. The defendants were convicted on Wednesday of charges including violent seizure of power and participation in…
Four US Army soldiers went missing during a training mission close to Lithuania’s border with Belarus, military officials said Wednesday, and a search is underway. The soldiers were reported missing on Tuesday in a training area near the city of Pabrade at approximately 4:45 p.m. (10:45 a.m. ET), the Lithuanian…
A member of the international force battling gangs in Haiti has been reported missing, as US Secretary of State Marco Rubio launches a tour of the Caribbean with Haiti’s security crisis high on the agenda. The Kenyan police officer disappeared after suspected gang members ambushed two mine-resistant ambush protected (MRAP)…
Summary The European Commission has urged EU citizens to stockpile essential supplies that could last for 72 hours amid rising security threats. The 18-page strategy promotes a culture of preparedness and resilience in the face of geopolitical uncertainties. Russia’s war in Ukraine and infrastructure sabotage are cited as key factors…
Belal Abu Zaid, a Palestinian from northern Gaza, took to the streets alongside hundreds of others on Tuesday to protest against Israel’s war and the Palestinian militant group Hamas – both of which he blames for bringing destruction to the enclave. Israel, he says, is primarily to blame for Gaza’s…