Tag: technology

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US-Mexico-Canada Trade War Escalates

Canada and Mexico vow to retaliate after Trump imposes tariffs on their goods, triggering a trade war that could reshape global supply chains and impact global growth, profits, and financial markets.

China's Box Office Revenue Hits Record High During Lunar New Year Holiday

China's Lunar New Year film revenue reaches record high as government stimulus boosts cinema spending.

Trump Tariffs Threaten Corporate Profits, Inflation

Investors brace for a hit to US corporate profits and inflation amid Trump's tariffs on China, Canada, and Mexico.

US Tariffs Trigger Retaliation From Canada, Mexico, China

US tariffs on Canada and Mexico spark tit-for-tat measures as trade war looms. Canada and Mexico vow to impose retaliatory tariffs, while China pledges "corresponding countermeasures" without announcing new tariffs.

Mexico Nominates Banxico Economist to Central Bank Board

Mexican President Claudia Sheinbaum nominates Jose Gabriel Cuadra Garcia to the central bank's five-member board, pending Senate approval. Cuadra, currently director of the bank's economic studies department, has over 20 years of experience at Banxico and is seen as a top-notch economist with deep knowledge of monetary policy and the financial system.

Canada to Counter US Tariffs With Retaliatory Measures

Canada imposes retaliatory tariffs on US goods after President Trump signs executive order imposing tariffs on Canadian imports. The tariffs will impact a wide range of products, including beer, wine, food, appliances, and critical minerals.

Tariffs on Canadian, Mexican Oil Imports Boost European, Asian Refiners

US tariffs on Canadian and Mexican oil imports benefit European and Asian refiners, boosting their competitive advantage and refining margins.

EU to Hold E-commerce Platforms Liable for Illegal Products Sold Online

The EU plans to hold e-commerce platforms like Amazon Marketplace liable for unsafe or illegal products sold online, obliging them to provide data and ensure compliance with EU requirements.

Brexit Blunder Coins Worth Fortune as 'Numismatic Golden Ticket' Surfaces

Rare Brexit 50p coins featuring wrong exit date discovered, sparking excitement among collectors. One expert calls it "numismatic Golden Ticket," with potential value of tens of thousands of pounds.

Sticky Inflation Readings Reinforce Fed's Cautious Stance

Core PCE inflation remained steady in December, reinforcing the Fed's wait-and-see approach to interest rates. The Fed gauges progress against its inflation target and weighs impact of Trump administration economic policies.