Why Canada Is The Future of Uranium Mining
Data centers are expanding at an unprecedented pace, driven by the need to build and train more AI models by the day. But here’s the shocking truth: AI-driven applications like ChatGPT consume
UK Retailers Urge Government to Close Tax Loophole
Retailers and tax campaigners are calling on the UK government to close a loophole that allows companies like Shein and Temu to flood the market with cheap imports, avoiding taxes and undercutting
Strong Dollar Pressures U.S. Tech Giants’ Overseas Revenue
The strengthening U.S. dollar is creating challenges for major tech companies, which rely heavily on international revenue. As foreign currencies weaken, overseas earnings become less valuable when converted into dollars. Amazon Faces
Bank of Mexico Cuts Interest Rate to 9.5%
The Bank of Mexico (Banxico) lowered its benchmark interest rate by 50 basis points on Thursday, citing cooling inflation and economic weakness. The rate now stands at 9.5%, marking its largest cut
Stocks Slide as Tariff and Inflation Fears Rattle Markets
U.S. stocks fell sharply on Friday as concerns over tariffs and inflation spooked investors, erasing most of the week’s gains. Major Indexes Drop Stocks turned lower after President Donald Trump announced plans
State of Emergency Declared in Santorini After Strong Quake
A state of emergency has been declared in Santorini after the strongest earthquake in days of near-constant tremors shook the Greek island, prompting thousands to flee. 5.2-Magnitude Quake Rocks Santorini A 5.2-magnitude
Temu Shifts Strategy After U.S. Ends Tax Loophole
Chinese online retailer Temu is promoting more products from U.S. warehouses after former President Donald Trump revoked the long-standing de minimis tax exemption. The move, part of a broader tariff increase on
Bank of England Cuts Rates, Slashes Growth Forecast
The Bank of England has halved its UK growth forecast for 2025, expecting the economy to expand by just 0.75%, down from its previous estimate of 1.5%. The downgrade comes as the
Dow Futures Rise as AI Stocks Lead
Dow Jones futures edged higher early Thursday, alongside gains in S&P 500 and Nasdaq futures. Despite beating earnings expectations, Arm Holdings (ARM) fell overnight after reclaiming a buy point. Meanwhile, Roblox (RBLX)
Nissan Drops Honda Merger Talks, Seeks New EV Partner
Nissan is preparing to pull out of merger discussions with Honda as it looks for a new partner to accelerate its transition to electric vehicles (EVs). The talks, which began in December
