Investments and Business

Ontario cancels internet deal with Musk's Starlink as part of U.S. tariff fight

Ontario drops Starlink contract due to U.S. tariff battle

Ava Stringer

The province of Ontario has formally terminated its partnership with Starlink, the satellite internet provider run by Elon Musk's SpaceX, in what authorities are calling a necessary reaction to the…

Wall Street edges back from its records as a busy week picks up momentum

Investments and Business

Wall Street pulls back from its peak with eventful week underway

Ava Stringer

U.S. stocks experienced a modest pullback after recently reaching all-time highs, as investors navigated a busy week filled with corporate earnings, economic updates, and ongoing speculation about future interest rate…

Adidas to raise prices as US tariffs costs rise by €200m

Investments and Business

Adidas raising prices after €200m increase in US tariffs costs

Ava Stringer

Adidas is planning to alter its pricing approach due to rising financial challenges stemming from heightened U.S. import tariffs, which are expected to elevate the company's costs by about €200…

India overtakes China as biggest smartphone exporter to the United States, report says

Investments and Business

Report: India overtakes China as primary smartphone exporter to the United States

Ava Stringer

India has become the leading exporter of smartphones to the United States, surpassing China for the first time. This is according to a recent industry report that emphasizes the changing…

Union Pacific to buy Norfolk in billion mega U.S. railroad deal

Investments and Business

Union Pacific set to buy Norfolk in historic $85 billion railroad agreement

Ava Stringer

In a pivotal decision set to transform the U.S. rail sector, Union Pacific has decided to purchase Norfolk in a historic agreement priced at $85 billion. This merger represents one…

US companies up against 'nightmare' tariff wall

Investments and Business

US companies battle mounting ‘nightmare’ tariffs

Ava Stringer

American corporations are facing heightened challenges due to an escalation in worldwide tariffs, as global trade becomes more intricate and uncertain. The changing environment of import and export taxes, along…

E.U.'s 0 billion-per-year spending on U.S. energy is unrealistic

Investments and Business

E.U.’s $250 billion-per-year U.S. energy expenditure: Unattainable goals?

Ava Stringer

The European Union’s ambitious plan to spend an estimated $250 billion each year on energy imports from the United States is drawing increasing scrutiny, with experts and policymakers questioning the…

Crypto kidnapping: How armed gangs are hunting the internet's high rollers

Investments and Business

Crypto kidnapping: Armed gangs on the trail of crypto’s online high rollers

Ava Stringer

In today’s digital economy, cryptocurrencies have created a new class of millionaires. But this digital wealth has also attracted a dangerous kind of attention — not from hackers, but from…

Auction sales fall 6% in the first half, raising fears of an art market shift

Investments and Business

Falling auction sales by 6% in H1 suggest shifting art market landscape

Ava Stringer

Income from auctions dropped about 6% in the first half of the year relative to the identical timeframe last year, leading to renewed worries regarding the robustness of the global…