Browsing: Business

U.S. Treasury yields moved lower on Tuesday as financial markets prepared for a key speech from Federal Reserve Chair Jerome Powell. The benchmark 10-year Treasury yield fell to around 4.13 percent, slipping by two basis points, while the 2-year yield

The Organisation for Economic Co-operation and Development (OECD) has revised its global growth outlook upward for 2025, citing short-term resilience in advanced economies, while warning that rising trade barriers and tightening financial conditions are likely to drag on global momentum

Pfizer has signed a definitive agreement to acquire Metsera, a privately held clinical-stage biotechnology company focused on obesity and cardiometabolic therapies, in a transaction valued at approximately $4.9 billion in cash. The deal includes additional milestone-based payments that could bring

Paramount Global, in partnership with Skydance Media, is preparing a formal bid to acquire Warner Bros. Discovery in a move that could result in one of the most significant mergers in the media and entertainment sector in recent years. The

U.S. President Donald Trump has reiterated his call to eliminate quarterly earnings reporting requirements for publicly traded companies, advocating for a shift to semiannual financial disclosures. The statement was made Monday via a post on his social media platform, Truth

Oracle Corporation shares surged to record highs on Tuesday after the company delivered stronger-than-expected projections for its cloud infrastructure business, underscoring growing enterprise demand for artificial intelligence computing services. The stock recorded a historic single-day gain, adding nearly $270 billion

The U.S. job market is showing renewed signs of weakness, with middle-class manufacturing employment facing mounting pressure amid high operating costs and subdued hiring. Recent government data and industry assessments highlight a sharp decline in factory job creation, closely linked

U.S. federal agents detained nearly 500 workers in a large-scale immigration raid at Hyundai Motor Group’s electric vehicle and battery complex in Ellabell, Georgia, marking the country’s largest single-site enforcement action in recent years. The operation, carried out on September

Canada’s merchandise trade deficit narrowed to CAD 4.94 billion in July 2025, down from a revised CAD 5.98 billion in June, according to data released by Statistics Canada. The improvement was driven by higher exports, particularly to the United States,

U.S. President Donald Trump said Friday that his administration will impose new tariffs on semiconductor imports from companies that do not shift their manufacturing operations to the United States. The move, revealed during a White House dinner with technology executives,