Posts with tag: tech
Indonesia tightens rules on commodity exports to support foreign-exchange reserves and rupiah, requiring firms to keep earnings onshore for at least a year. The move faces industry concerns about cash flow impact and potential layoffs in mining and plantation sectors.
Published on: January 22, 2025, 06:00 AM UTC
Chinese copper and gold miner Zijin Mining Group agrees to buy around a quarter of lithium and potash producer Zangge Mining Co. for $1.9 billion.
Published on: January 22, 2025, 02:00 AM UTC
Dollar Looses Ground Amidst Uncertain Tariff Plans, Market Awaits Clarity from Trump
Published on: January 22, 2025, 02:00 AM UTC
President Trump threatens automakers with tariffs on cars made in Mexico, Canada, and Europe. Analysts say the tariffs could cost automakers up to 17% of their annual core profits, and that suppliers would be particularly hard hit.
Published on: January 22, 2025, 12:03 AM UTC
Trump Considers Bitcoin Reserve, Trump Coin Surges, Melania Coin Debuts
Published on: January 21, 2025, 11:03 PM UTC
Federal judge rejects Citigroup bid to dismiss NY AG lawsuit over failure to reimburse fraud victims.
Published on: January 21, 2025, 07:00 PM UTC
Netflix is set to report its fiscal fourth quarter earnings on Tuesday, with analysts expecting strong results after a successful end to the year. The company is looking to continue its momentum in 2023, but macroeconomic uncertainties and a potential price hike could weigh on its performance.
Published on: January 21, 2025, 04:03 PM UTC
Bank of America CEO Brian Moynihan discusses the need for the Federal Reserve to adjust monetary policy in response to the Trump administration's fiscal policies. Moynihan also expresses concerns about the impact of potential tariffs on China and other factors on inflation.
Published on: January 21, 2025, 04:02 PM UTC
Hopper, a leading travel data provider with over 650 remote employees, is eyeing a public listing that could value the business at $5-$10 billion. The company offers flight, hotel, and car rental price predictions and has gained popularity among millennials and Gen Z. Hopper's technology has given it an edge against competitors like Expedia and Booking Holdings, but analysts caution that entry barriers are low in the travel-booking industry.
Published on: January 21, 2025, 03:04 PM UTC
Netflix earnings: Analysts bullish after strong content slate, live sports success
Published on: January 21, 2025, 03:02 PM UTC