A recent Moody’s Ratings research states that between 2019 and 2024, U.S. life insurers transferred close to $800 billion in reserves to overseas affiliates as
Category: WORLD NEWS
HSBC shuts down US business to focus on Asian and Middle Eastern markets.
As part of its ongoing efforts to streamline operations and concentrate on the markets in Asia and the Middle East, HSBC is withdrawing its business
Global markets tumbled as Trump hit the EU with 50% tariff and Apple 25%.
On Friday, U.S. President Donald Trump issued another threat to escalate his trade battle. He imposed a 50% tariff on goods from the European Union
Kraken launches trading in digital tokens of Apple, Tesla, and Nvidia shares.
Cryptocurrency exchange Kraken intends to introduce tokenized versions of over 50 stocks and exchange-traded funds, including shares of Apple, Tesla, and Nvidia. The move will
Google launches “AI Mode” in the next phase of its search revolution.
In a bid to speed up a year-long transformation of its search engine that is altering how people obtain information and reducing the amount of
Tariffs and world economic unrest threaten the AI growth.
Fears of slow returns and skepticism stoked by AI models manufactured at a low cost by China’s DeepSeek have been dismissed by corporate America’s AI
The US antitrust agency sues Meta to force the spinoff of WhatsApp and Instagram.
The internet giant may be forced to separate Instagram and WhatsApp, businesses it acquired more than ten years ago and which have now developed into
Silicon Valley billionaire tech executives have sided with Trump, causing a rift with workers.
Like many others in the tech industry, Jeremy Lyons used to consider himself to be rather apolitical. He had only participated in a protest once,
Argentina seals a $12 billion IMF accord and lifts most of capital controls.
President Javier Milei made the risky announcement on Friday that he will relax the majority of the nation’s stringent capital and currency controls the following
Trump’s tariffs threaten to end American shoppers’ 25-year history of purchasing cheap goods.
The era of low-cost goods that Americans had for roughly 25 years prior to the pandemic may come to an end as a result of
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