Business News
Germany is reeling from some of the steepest growth downgrades of any advanced nation as economists warn of its acute vulnerability to the trade barriers being planned by the incoming Trump administration. Economists polled by Consensus Economics expect the German economy to expand by just 0.6 per cent in 2025, down from 1.2 per cent … Read more
There’s nothing wrong with keeping things simple. Consider, for example, how a recipe can be ruined by straying too far from its original list of ingredients — nobody wants a milkshake made with a heaping helping of brussels sprouts, right? Similarly, investing doesn’t have to be complicated. Indeed, by allocating large portions of a portfolio … Read more
Investing.com – EOS was trading at $0.8554 by 01:06 (06:06 GMT) on the Investing.com Index on Sunday, up 11.09% on the day. It was the largest one-day percentage gain since November 24. The move upwards pushed EOS’s market cap up to $1.2782B, or 0.04% of the total cryptocurrency market cap. At its highest, EOS’s market … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump will trigger a “period of chaos” and sharp price rises if he scraps Joe Biden’s manufacturing tax credits and increases tariffs as planned, the White House’s top economic adviser said. Lael … Read more
After flying high during the first half of the year, pharmaceutical giant Eli Lilly (NYSE: LLY) has lost some momentum; the company’s shares are down by 11% since June 1. However, the healthcare leader still has plenty of fans on Wall Street, including Israel Englander, the billionaire owner of Millennium Management, a hedge fund. Millennium … Read more
Elon Musk, the richest person in the US, is being treated by lots of people — including President-elect Donald Trump — as a cost-cutting genius. That’s why Trump has put Musk and Vivek Ramaswamy in charge of coming up with plans to drastically slash federal government expenditures. But when you look at what’s happened to … Read more
MANILA (Reuters) – The Philippines’ security council will verify an alleged assassination threat by Vice President Sara Duterte against President Ferdinand Marcos Jr., a top official said on Sunday, describing it as a “matter of national security”. Duterte, in a strongly-worded morning briefing on Saturday, said she had spoken with an assassin and instructed them … Read more
Godzilla and King Kong surely weren’t born big. They began small and grew over time to their gargantuan sizes even if the movies don’t tell their childhood stories. Likewise, huge companies of today were once much smaller (unless perhaps they were spin-offs). Investors who spotted them early had opportunities to make fortunes. Are You Missing … Read more
AMMAN (Reuters) -A gunman was dead and three policemen injured after a shooting near the Israeli embassy in neighbouring Jordan, a security source and state media said on Sunday. Police shot a gunman who had fired at a police patrol in the Rabiah neighbourhood of Amman, state news agency Petra reported, citing public security, adding … Read more
Electric vehicles (EVs) aim to transform transportation. However, like any groundbreaking technology, EV batteries have hurdles to overcome before EVs become widely adopted. Some common criticisms of EVs center around their long charging times and shorter driving range compared to gas-powered vehicles. That’s where QuantumScape (NYSE: QS) comes in. The company is dedicated to engineering … Read more