Tag: architecture

RenaissanceRe reports a Q4 loss of $189.7 million, or $3.95 per share, but beats Wall Street expectations. Full-year profit was $1.87 billion, or $35.21 per share, on revenue of $11.75 billion.

Published on: January 28, 2025, 10:05 PM UTC

This week, Donald Trump's administration has sent mixed messages about the future of tariffs, confusing markets and businesses. Despite the upcoming Feb. 1 deadline, the administration has not clarified the level or extent of tariffs that will be implemented. Confusion has arisen from contradictory statements made by Trump and his aides, with Trump often rejecting the plans proposed by his closest advisors. The uncertainty has caused concern among businesses, as they plan for the potential economic impact.

Published on: January 28, 2025, 07:05 PM UTC

Nvidia Stock Recovers After AI Chipmaker's Massive Decline Fueled by DeepSeek Concerns

Published on: January 28, 2025, 07:04 PM UTC

Russia is sending sanctioned oil to India on blacklisted tankers, testing Moscow's ability to evade US sanctions. Five shipments of Arctic oil are en route to India on US-listed tankers, while two Pacific cargoes may also be headed there. Despite these measures, Russia's crude flows have not shown a clear decline, with a four-week average of shipments remaining relatively stable. However, sanctions are impacting the country's export routes, with Baltic port flows declining while Pacific and Arctic shipments increase.

Published on: January 28, 2025, 04:05 PM UTC

Americans pay lower taxes than people in most developed countries, but there are trade-offs. The U.S. relies on state and local taxes for social programs, and the safety net for citizens is smaller.

Published on: January 28, 2025, 04:03 PM UTC

GM CEO Mary Barra discusses tariffs with President Trump, highlighting the potential impact on the auto industry and the need for a balanced approach to trade relationships.

Published on: January 28, 2025, 02:02 PM UTC

China's Liang Wenfeng is being hailed as an AI hero after his startup DeepSeek caused a market rout in the US. The AI startup's cost-effectiveness has shocked investors and scientists, with US stocks losing a collective $1 trillion in value.

Published on: January 28, 2025, 08:02 AM UTC

Estee Lauder is reviewing its beauty brand portfolio, potentially leading to sales as the cosmetics company attempts to turn around under new leadership.

Published on: January 27, 2025, 10:08 PM UTC

Global economic policymakers braced for an economic firestorm from the Trump administration, but instead got a more restrained start.

Published on: January 27, 2025, 12:00 PM UTC

The US dollar retreated after President Trump said he would "rather not" impose tariffs on China, capping its worst week in over a year. Despite this, analysts expect the dollar index to climb further this year due to Trump's tariff policy and shifts in interest rates.

Published on: January 26, 2025, 04:02 PM UTC