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Dutch semiconductor chip machine maker ASML recorded a record net profit of 9.6 billion euros ($11.5 billion) in 2025 on sales of 32.7 billion euros fueled by AI-driven demand, the company…
India plans to slash tariffs on cars imported from the European Union to 40 per cent from as high as 110 per cent, sources said, in the biggest opening yet of the country’s vast…
The European Union on Thursday said it would drastically reduce asylum claims from seven nations in Africa, the Middle East and Asia by considering them safe countries of origin, prompting…
The cuts, affecting about a fifth of the carrier’s Spanish workforce, will apply to three Telefónica units Spain’s largest telecommunications operator Telefonica aims to cut at least 5,040…
It's time to put your '80s knowledge to the test. View Entire Post › Source link
Nearly two dozen states are suing the Trump administration for failing to salvage SNAP benefits amid the ongoing government shutdown. Approximately 42 million Americans—about one in eight…
Target is eliminating approximately 1,800 corporate positions, laying off 1,000 employees and not filling about 800 vacant positions. The Minneapolis-based retailer has been experiencing a…
The Nuclear Regulatory Commission decisively failed under the Biden administration. Source link
The Chinese aircraft maker is seeing bottlenecks in virtually all key parts of its supply chain, hampering its ability to produce jets at a steady pace, the sources say Comac, China’s…
Hedge funds chopped their bullish position on US crude to the lowest on record as the Opec+ alliance’s latest decision to boost production compounded already-gloomy forecasts that the…
President Trump is slashing $4.9 billion in congressionally approved foreign aid funding through a rarely-used budgetary maneuver known as pocket rescissions, an administration official…
Efforts to gut regulation across the US government using AI are well underway. On Wednesday, the Office of the Chief Information Officer at the Office of Management and Budget hosted a…
Hedge funds cut their bullish stance on US oil to the lowest since mid-April as rising US crude inventories and Organization of the Petroleum Exporting Countries+ (Opec+’s)…
Japan's major trade deal with President Trump is heaping pressure on South Korea to strike its own agreement to stave off sky-high tariffs on goods it sends to U.S. markets. Source link
The Supreme Court allowed President Trump on Monday to move ahead with mass firings and deep cuts at the Education Department, setting aside a lower court's ruling that had put the…
Yet another company is reducing its workforce amid a broader shift toward artificial intelligence. Recruit Holdings, which owns the online jobs platforms Glassdoor and Indeed, has…
While Japanese automakers have announced some price increases, the country’s strategy of not raising prices too much has shown up in other data Japan’s automakers slashed the…
Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Trump's "Big Beautiful Bill," which is likely to lead to…
Elon Musk said Wednesday that he is leaving his role as a special government employee for the Trump administration, a move that was expected. Source link
Far-right Dutch lawmaker Geert Wilders announced a 10-point plan Monday that aims to radically slash migration, including using the army to guard land borders and turning away all…
Japan aims to drastically cut stockpiled rice prices to 2,000 yen (S$18) per 5 kg and speed up getting rice onto shop shelves as consumers suffer from sky-high staple grain costs,…
Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson said on Monday (May 5). The workforce reduction equates to…
The growing list of major economies warning of weaker growth because of U.S. tariffs has a new member. The Bank of Japan said on Thursday that it expects the Japanese economy to grow 0.5…
Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and said it’s cutting workers to bring costs in line…
