Russia’s war machine has become such an integral part of its economic engine that its military industry is likely to keep expanding even after the fighting in Ukraine ends, according to a report from the Center for Strategic and International Studies. “The end of hostilities will not lead to a radical cut-off of military investment,” […]
Microsoft (MSFT) reported its fiscal fourth quarter earnings on Wednesday, beating analysts’ expectations on the top and bottom lines on the strength of its cloud revenue. Microsoft stock climbed more than 6% on the news. “Cloud and AI is the driving force of business transformation across every industry and sector,” Microsoft CEO Satya Nadella said […]
By John Revill ZURICH (Reuters) -The Swiss National Bank on Thursday reported a loss of 15.3 billion Swiss francs ($18.83 billion) for the first half of the year as the weakening dollar took a big bite out of the value of the central bank’s U.S investments. The SNB made a loss of 22.7 billion francs […]
Business news live – Wednesday 30 July That’s it from us today – we’ll be back as usual from 7am tomorrow for more business, companies, stock market and finance news. We’ll leave you with the main headlines of the day: Read more Karl Matchett30 July 2025 16:30 Business news live – Wednesday 30 July Good […]
Invesco and Galaxy Digital have submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for the creation of a spot Solana (SOL) exchange-traded fund (ETF), reported via a submission to the Chicago Board Options Exchange (CBOE) as detailed in a public post by Solid Intel on X [1]. This move follows the approval […]
Now that he has claimed full credit for the economy after it grew 3 percent in the second quarter, Donald Trump and his allies will no longer be able to blame Joe Biden when things go south. Listen To This Story While Republicans were celebrating the better-than-expected growth of the gross domestic product (GDP) on […]
The clock is ticking; with just hours left until the potential imposition of a 30% import tariff on SA goods entering the US market. While the implementation date of this Friday appears to be firm, the SA government is still negotiating on rates and a new trade framework with the US, so we may potentially […]
Investing in Tomorrow’s Workforce At KKR, we are investing in our employees because we know they are key to delivering better outcomes for those counting on us. In our portfolio companies, we are providing capital to help get that business to its next level, and we are also supporting companies in implementing broad-based ownership […]
In an era marked by global economic uncertainty, the just-concluded China-US economic and trade talks held in Stockholm underscored a crucial principle of China”s relations with other countries: collaboration over confrontation. Chinese Vice-Premier He Lifeng’s call for enhanced consensus, reduced misunderstandings and strengthened cooperation between China and the United States is a blueprint that can […]
Key moments HSBC profits fall more than expectedSign up for our daily business newsletter here Taylor Wimpey posts loss after cladding provisions The FTSE 100 housebuilder reported a first-half loss of £92.1 million as it increased provisions for fire safety and cladding remediation works by £222.2 million following updated risk assessments and investigations. Excluding the […]
