Browsing: Business

WASHINGTON, November 8, 2025: The United States has granted Hungary a one-year exemption from sanctions related to the use of Russian oil and gas, following discussions between Hungarian Prime Minister Viktor Orbán and U.S. President Donald Trump at the White House on Friday. The decision allows Hungary

AUSTIN, Texas, November 7, 2025: Shareholders of Tesla Inc. have approved a performance-based compensation package for Chief Executive Officer Elon Musk valued at up to $1 trillion if a series of long-term operational and financial milestones are achieved. The approval

NEW YORK, Nov. 4, 2025: Pfizer Inc. reported third-quarter earnings that exceeded market expectations and raised its full-year profit forecast despite continued declines in sales from its COVID-19 products. The results reflected solid cost management and stronger performance from key

WASHINGTON, Nov. 4, 2025: A striking divergence between the U.S. labour market and financial markets is drawing attention from economists analyzing recent data. According to figures compiled by the Bureau of Labor Statistics and market-trackers, job-vacancy levels peaked at approximately 11.5

SEATTLE, Nov. 4: U.S. coffee chain Starbucks Corporation has agreed to sell a majority stake of its China operations to Chinese investment firm Boyu Capital in a deal valued at approximately US $4 billion. Under the agreement announced Monday, Boyu will acquire up to a

SEATTLE/SAN FRANCISCO, Nov. 3, 2025: Shares of Amazon Inc. surged to an all-time high on Monday following the announcement of a major cloud services agreement with OpenAI. The agreement is valued at approximately US$38 billion and spans seven years. Under the deal, OpenAI will

OMAHA, Nebraska, November 1, 2025: Berkshire Hathaway Inc. on Saturday reported a 34 % increase in operating earnings for the third quarter of 2025, raising the figure to approximately $13.5 billion. The results reflect growth across the company’s wholly-owned businesses, including insurance, railroads

SEATTLE, Oct. 31: Amazon Inc. on Thursday reported third-quarter results for the period ended September 30, 2025, showing net sales of US$180.2 billion, a 13 percent increase from US$158.9 billion in the same period a year earlier. Excluding a favorable foreign-exchange impact

BUSAN, South Korea, October 31, 2025: A new trade arrangement between the United States and China was announced during the Asia-Pacific Economic Cooperation (APEC) Summit, reflecting a pause in bilateral tensions but leaving major disputes unresolved. The agreement includes short-term tariff relief

WASHINGTON, Oct. 27, 2025: President Donald Trump announced that the United States will impose an additional 10 percent tariff on Canadian imports, escalating trade tensions following a television advertisement produced by Ontario that used footage of former President Ronald Reagan criticizing tariffs. The move adds to a series of