Articles Results for: Earning
Tariff Tension: US and China agreed to slash tariff for 90 days
Global tension eases a bit this week as the US president, Donald Trump and China president, Xi Jinping agreed to lower their reciprocal tariff by 115% for a 90 days…
Nissan to cut 11,000 more jobs and shut seven factories
Japanese carmaker Nissan has said it will cut another 11,000 jobs globally and shut down seven factories as it shakes up the business in the face of weak sales, making…
Spain-Portugal Power Outage Ends as DHL Resumes High-Value US Shipments
DHL US shipments return marks a significant change in global logistics as the company resumes high-value deliveries to the United States. After a brief suspension, DHL US shipments return has…
Nvidia $5.5 billion hit as US tighten chip export tariff to China
Computer chip giant, Nvidia says it will be hit with a $5.5 billion in cost after the U.S. government tightened export rules to China with fresh tariff restrictions on the…
Trump freezes Harvard funding after university rejects demands
The Trump administration freezes more than $2bn (£1.5bn) in federal funding for Harvard University, hours after the elite college rejected a list of demands from the White House. According to…
Shipment Tariffs: DHL suspends global deliveries
Early this week, the delivery giant, DHL, suspends all global shipment that are worth more than $800 to customers in the United States till further notice. This announcement was effected…
Tesla profit plunge: Elon Musk pledged to step away from DOGE
Elon Musk has pledged to step away from his role at the Department of Government Efficiency (DOGE) after his electric car firm TESLA, reported a huge profit plunge for the…
Constitutional Court Reinstates Acting President of South Korea
South Korea constitutional court on Monday dismissed the impeachment case of Prime Minister Han Duck-soo, reinstating him as the acting president of the country. “The Constitutional Court has rendered a…
Samsung co-CEO Han Jong-Hee dies at 63
Samsung Electronics co-CEO Han Jong-Hee died from cardiac arrest at 63 on Tuesday, according to a spokesperson for the South Korean tech giant. Born in 1962, Han had overseen Samsung’s…
Former French Surgeon Faces Trial For Abusing Patients
A former French surgeon, Joel Le Scouarnec, 74, is set to face trial later this month for serious misconduct allegations involving nearly 300 former patients, most of them minors, between…