The News That Moves the World
Business & Finance – Stock markets, economy, startups, corporate news.
A FedEx cargo plane was forced to make an emergency landing at Newark Liberty International Airport on Saturday morning after a bird strike caused an engine fire. Officials confirmed that the fire was contained to the engine, and no injuries were reported. The incident briefly halted air traffic as a precaution before operations resumed. Audio…
Bitcoin’s recent decline below $80,000 can be attributed to several key factors:
Keir Starmer’s High-Stakes Mission in Washington: Securing Ukraine’s Future and the Transatlantic Alliance As British Prime Minister Keir Starmer steps into the Oval Office on Thursday, he will be met by the gaze of a Winston Churchill bust—a symbolic reminder of the historic alliance between the UK and the US. But the task before Starmer…
A high-stakes family feud has erupted within one of Singapore’s wealthiest dynasties, as property tycoon Kwek Leng Beng accuses his son, Sherman Kwek, of orchestrating a boardroom coup at City Developments Limited (CDL). Mr. Kwek has taken legal action, alleging that his son is attempting to seize control of the real estate giant. In response,…
Republicans in the US House of Representatives narrowly passed a multi-trillion-dollar government spending bill on Tuesday, marking a significant victory for President Donald Trump and advancing his 2025 agenda. The vote was 217-215, a closely contested result that served as an early test for Republican House Speaker Mike Johnson. Johnson had previously postponed the vote,…
Singapore’s largest bank, DBS, has announced it expects to cut 4,000 jobs over the next three years as artificial intelligence (AI) increasingly replaces tasks traditionally carried out by humans. A DBS spokesperson told the BBC, “The workforce reduction will occur through natural attrition as temporary and contract roles phase out in the coming years.” Permanent…
A Japanese finance ministry employee lost documents containing the personal data of 187 suspected drug smugglers during a night out with colleagues, local media report. The unnamed employee allegedly consumed nine glasses of beer over a five-hour gathering in Yokohama on February 6. According to reports, he only realized his bag was missing after disembarking…
Trump says he will impose 25% tariffs on steel and Aluminum imports to US Donald Trump has announced plans to introduce a new round of tariffs this week, including a 25% levy on all steel and aluminum imports. The U.S. president also stated his intention to implement “reciprocal tariffs” on countries that currently impose taxes…