Category: Bussiness

[ad_1] US President Donald Trump’s trade war has hit the film industry. In a post on Truth Social, Trump said he is authorising the Department of Commerce and the United States Trade Representative to immediately implement a 100 per cent tariff on “any and all movies coming into the country that are produced in foreign lands”…

[ad_1] Swedish fintech giant Klarna has hit a major milestone in the UK, surpassing 11 million active customers and reporting 30% revenue growth in 2024, making the UK its third-largest market globally. The AI-powered payments and commerce network has also doubled its UK merchant base to 60,000, partnering with high-profile brands including Argos, eBay, Eurostar,…

[ad_1] – Opec says it will increase production by another 411k barrels/day in June. – China, and UK closed for holiday. – US dollar trading with a neutral bias in thin trading USDCAD: open 1.3788, overnight range 1.3787-1.3829 close 1.3820, WTI 54.49, Gold 3312.08 The Canadian dollar is trading slideway’s but with a slight bullish…

[ad_1] Some Asset Reconstruction Companies too may be affected as they had taken over some of the banks’ exposure to BPSL. With the Supreme Court rejecting the ₹19,350-crore Resolution Plan of JSW Steel for Bhushan Power and Steel Ltd (BPSL), banks are staring at a hit to their balance sheet. Bankers’ fear that if the…

[ad_1] The UK’s leading manufacturing trade organisation, Made in Britain, has reported a 20% surge in membership applications in the wake of President Trump’s sweeping new tariffs on imported goods, as interest in “buying British” grows among businesses and consumers alike. In the month following the introduction of 10% tariffs on all imported goods from…

[ad_1] Wall Street no longer expects the U.S. Federal Reserve to lower interest rates in June following a hot jobs report for the American labour market. According to the CME FedWatch Tool, only 37% of futures traders now expecting the U.S. Federal Reserve to cut interest rates by 25-basis points at its…

[ad_1] Apex court held that JSW should have completed the takeover only via equity instead of a mix of equity and optionally convertible debentures Sajjan Jindal–controlled JSW Steel, is likely to go for an appeal against the Supreme Court order after the latter rejected the steel major’s ₹19,350 crore bid to acquire Bhushan Power and…

[ad_1] The first time I saw a DDoS attack unfold from inside a company’s war room, it felt like watching a storm surge hit a city wall. Traffic graphs went vertical, alarms went wild, and engineers scrambled to block the wave. But what lingered in my mind long after was this: what if the DDoS…

[ad_1] A trial to discuss potential remedies in the U.S. antitrust case brought against Google parent company Alphabet (GOOGL) has been set for Sept. 22 of this year. The antitrust case focuses on Google’s advertising business. This April, U.S. District Court Judge Leonie Brinkema ruled that Google was liable for “willfully acquiring and…

[ad_1] Gautam Adani | Photo Credit: PTI Adani Cement has achieved a production capacity of 100 million tonnes (mt), announced Adani Group chairperson Gautam Adani on Monday, describing it as a milestone reached at a “world-record pace”. The business tycoon further said that Adani Cement is now one of the most efficient cement manufacturers on…