Browsing: Business

Bitcoin fell sharply on August 26, dropping below $110,000 for the first time in over six weeks, as a broader sell-off gripped global cryptocurrency markets. The decline was accompanied by a wave of liquidations and substantial outflows from digital asset

Concerns over a potential artificial intelligence investment bubble intensified Monday as leading financial institutions, market analysts and economic observers pointed to overstretched valuations, declining momentum and underwhelming returns from AI-related ventures. A convergence of new reports and market trends has

Shares of Puma SE surged on Monday after reports emerged that the Pinault family is considering a sale of its 29 percent stake in the German sportswear company through its holding company Artémis. The development drove Puma’s stock up more

Keurig Dr Pepper, a U.S. beverage and coffeemaker company with dual headquarters in Burlington, Massachusetts, and Frisco, Texas, has reached a definitive agreement to acquire Dutch coffee and tea producer JDE Peet’s for approximately €15.7 billion (about $18 billion). The

U.S. President Donald Trump announced that the United States is conducting a formal investigation into furniture imports, signaling plans to impose new tariffs on the sector before the end of the year. The announcement was made via Trump’s social media

The United States government has acquired a 10 percent equity stake in Intel Corporation, President Donald Trump announced Friday, signaling a dramatic escalation of federal intervention in the private sector. The deal, converting nearly $9 billion in subsidies and grants

U.S. stocks surged on Thursday, August 22, 2025, with the Dow Jones Industrial Average jumping more than 800 points to close at a record high, as Federal Reserve Chair Jerome Powell signaled openness to cutting interest rates during his speech

Equinor has pulled out of a $10 billion offshore wind farm project off the coast of New South Wales, Australia, dealing a major setback to the country’s renewable energy ambitions. The Norwegian energy company confirmed on Friday it will not

Germany’s economy shrank by 0.3 percent in the second quarter of 2025 compared with the previous three months, according to revised data from the Federal Statistical Office. The contraction was sharper than the initial estimate of a 0.1 percent decline

Shares in British travel retailer WH Smith plummeted 42 percent on Thursday after the company revealed a £30 million accounting error in its North American division, triggering its sharpest single-day decline on record and wiping nearly £600 million off its