US to lower tariffs on South Korean autos to 15%
The U.S. will lower import duties on South Korean autos to 15% effective retroactively to Nov. 1 and match the…
ESA leaders greenlight $1.6 billion for new ‘non-aggressive’ space security initiative
The European Space Agency (ESA) has approved a new three-year, €1.35 billion ($1.6 billion) spending plan that for the first…
J.P. Morgan eyeing both defense startups and legacy firms for $10B investment push
As part of a new initiative aimed at bolstering national security, JPMorganChase has pledged to invest $10 billion over the…
US holiday shoppers shake off economic blues for online spending spree
U.S. consumers shrugged off worries about the economy after their Thanksgiving dinners and went on a $23.6 billion three-day online…
Economic jitters will not derail Americans’ generosity on Giving Tuesday
Americans plan to maintain or increase donations despite economic uncertaintyCharity Navigator advises proactive, cause-focused giving on Giving TuesdayWomen and older…
US manufacturing stuck in doldrums as tariff headwinds persist
The Institute for Supply Management survey on Monday also showed some manufacturers in the transportation equipment industry linking layoffs to…
Pakistan’s trade war with Afghanistan boomerangs on its economy
Pakistan is expected to lose a billion dollars annually now that it has closed its border with Taliban-ruled Afghanistan, which…
From poker to Pokemon, Hong Kong crypto stockpilers rebrand
Crypto-oriented companies in Hong Kong that had aspired to replicate the rise of “digital asset treasuries” in the U.S. are…
Euro zone inflation remains on benign path, easing need for rate cut
Euro zone inflation remains on a benign path, a raft of data indicated on Friday, supporting economists’ bets that it…
Banks in talks to lend $38 billion to fund sites for OpenAI
A group of banks is in talks to lend another $38 billion for Oracle (ORCL.N), opens new tab and data…