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The UK must re-arm as part of a commitment to step up European security, Defence Secretary John Healey said, announcing the establishment of a unit within his department to oversee £20 billion ($25 billion) of military spending.

Published on: February 18, 2025, 01:05 PM UTC

High-level U.S. and Russian officials held talks in Saudi Arabia to discuss a potential end to the war in Ukraine, raising concerns about a rapid deal leaving Europe out of the process. The U.S. emphasized the meeting was exploratory, while European leaders expressed shock and sought to maintain their involvement.

Published on: February 18, 2025, 01:04 PM UTC

Diamondback Energy to acquire units of Double Eagle in $4.08 billion deal. Diamondback to sell non-core assets to reduce debt, maintain leverage at $6-8 billion.

Published on: February 18, 2025, 12:00 PM UTC

Listen to top company executives, including Mark Zuckerberg, Jeff Bezos, and Sundar Pichai, discuss the potential economic effects of Trump's second term, including its impact on tech, green energy, and insurance.

Published on: February 18, 2025, 11:02 AM UTC

Tesla to Hire in India, Signaling Progress Toward Market Entry

Published on: February 18, 2025, 07:00 AM UTC

The strong US dollar is negatively impacting corporate earnings for companies with significant overseas revenue, including tech giants and consumer brands. Amazon, McDonald's, and Coca-Cola have all issued warnings about the impact of foreign exchange headwinds, while the US Dollar Index has rallied over 7% since September.

Published on: February 17, 2025, 06:00 PM UTC

The strong US dollar has impacted corporate earnings, with companies facing foreign-exchange headwinds. Megacap tech companies, including Apple and Microsoft, have reported significant revenue from international sales, leading to earnings warnings due to dollar strength. Other companies, like McDonald's and Coca-Cola, also anticipate currency headwinds. The dollar's rally is driven by factors such as Trump's proposed policies and the Fed's recalibration of future easing.

Published on: February 17, 2025, 05:00 PM UTC

Low-cost airlines face an uncertain future as costs soar and passengers seek comfort. Despite mergers and cost-cutting efforts, the ultra-low-cost model is eroding, leading to stock underperformance and uncertainty for investors.

Published on: February 17, 2025, 03:02 PM UTC

Morgan Stanley analyst Brian Nowak estimates that two-thirds of Amazon's first-party merchandise cost of goods sold is non-grocery, with 40% exposure to China. The short run effects of a trade war are certainly painful, says Apollo Global Management chief economist Torsten Sløk, and these risks are not priced into the stocks of big tech companies.

Published on: February 17, 2025, 12:03 PM UTC

Investors are using European currencies to bet on the Japanese yen, seeking to avoid volatility in the dollar due to uncertainty over Donald Trump's trade tariffs. This strategy involves shorting the euro, Swiss franc, and pound against the yen, offering higher returns and reduced risk compared to betting directly against the dollar. Vanguard Asset Management, Russell Investments, and others favor this approach, capitalizing on Japan's rising interest rates and the prospect of rate cuts in Europe.

Published on: February 17, 2025, 07:01 AM UTC