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Tue, Mar 31, 2026 09:08 PM All times are UTC

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Antitrust Watchdog Targets Walmart: $4.6M Fine and 8% Revenue Risk Over Supplier Practices

Dec 16, 2024 19:54 pm UTC| Economy

Mexicos Cofece has imposed a $4.6 million fine on Walmart de Mexico for using its market power to unfairly pressure suppliers. The antitrust body warned of further penalties, including 8% of revenue, if the company fails...

Bank of America Names 6 Must-Have Chip Stocks to Watch in AI and EV Boom by 2025

Dec 16, 2024 19:36 pm UTC| Economy Technology

Bank of America has unveiled its 2025 semiconductor outlook, forecasting a $725 billion industry fueled by AI and EV growth. Highlighting six top chip stocks, including NVIDIA and ON Semiconductor, the bank anticipates...

Trump Praised for $100B Investment ‘Win’ as SoftBank CEO Vows 100,000 Jobs in America!

Dec 16, 2024 17:09 pm UTC| Economy Politics

SoftBank CEO Masayoshi Son met with President Donald Trump to announce a historic $100 billion investment in the United States, promising to create 100,000 jobs over the next five years. Sons announcement, which came...

Earning half the minimum wage: new report reveals pressures on artists to sustain creative life

Dec 16, 2024 05:06 am UTC| Insights & Views Economy

Artists are generally thought of as either starving in a garret (La Bohème and all that) or jammy millionaires producing works valued at eye-watering sums (hello Damien Hirst). But the reality of life in the visual...

South Africa’s low-cost housing model is broken – study suggests how to fix it

Dec 16, 2024 05:02 am UTC| Insights & Views Economy

The backlog of subsidised public housing in South Africa is estimated at 2.4 million. In this interview, Hlengiwe Maila, a research fellow at the School of Public Management and Administration at the University of...

US under Trump Series

Trump’s tariff threat is a sign that Canada should be diversifying beyond the U.S.

Dec 16, 2024 04:57 am UTC| Insights & Views Economy

United States President-elect Donald Trump has announced a 25 per cent tariff on Canada and Mexico if border control and illegal drugs coming into the U.S. arent curtailed. Both federal and provincial leaders have been...

FxWirePro- Major economic events for the week

Dec 16, 2024 03:48 am UTC| Economy

Date Time Currency Event Actual Expected Previous Mon, Dec...

591 592 593 594 595 596 597 598 599 600

Economy

Canada's Economy Grows Modestly in January 2025, Driven by Energy and Construction

Canadas economy kicked off 2026 on steady footing, with real gross domestic product rising 0.1% in January slightly ahead of market expectations following a 0.2% gain in December 2025. The modest expansion was largely...

RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure

European medical technology companies remain largely insulated from Middle East geopolitical tensions and rising energy costs, according to a recent RBC Capital Markets analysis. The investment bank found that sales...

Gold Prices Rebound in Asia Amid Iran War Ceasefire Hopes

Gold prices climbed in Asian trading on Tuesday, recovering slightly after suffering steep losses throughout March. The partial rebound came as investors reacted to reports that U.S. President Donald Trump was weighing an...

Dollar Surges to Monthly High as Middle East Conflict Rattles Global Markets

The U.S. dollar is on track for its strongest monthly performance since July, emerging as the dominant safe-haven asset amid escalating Middle East tensions that have sent oil prices soaring past $100 per barrel and...

Oil Prices Surge to Record Monthly Highs as Middle East War Rattles Global Markets

Global financial markets closed out a turbulent month under heavy pressure as the ongoing Middle East conflict between the United States, Israel, and Iran continued to shake investor confidence. Oil prices surged to...

Politics

EU Leaders Visit Kyiv on Fourth Anniversary of Bucha Massacre

European Union High Representative for Foreign Affairs Kaja Kallas, alongside multiple EU foreign ministers, made a significant visit to Kyiv on Tuesday to commemorate the fourth anniversary of the Bucha massacre. The...

U.S. Senators Challenge FCC Chair Over Nexstar-Tegna Merger Approval

Two prominent U.S. Senators have raised serious concerns over the Federal Communications Commissions (FCC) recent decision to greenlight a major media merger. Republican Senator Ted Cruz and Democratic Senator Maria...

Trump Weighs Ending Iran Campaign With Strait of Hormuz Still Closed

President Donald Trump is reportedly open to halting U.S. military operations against Iran even if the Strait of Hormuz remains blocked, according to a Wall Street Journal report published Monday. The development marks a...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...

Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict

Iran launched an attack on a fully loaded crude oil tanker off the coast of Dubai on Monday, setting the Kuwait-flagged vessel Al-Salmi ablaze in one of the most dramatic escalations since the United States and Israel...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...