The brand logo of the mineral oil and natural gas company Shell plc can be seen at a filling station of the company in Nuremberg (Bavaria) on July 25, 2025. Picture Alliance | Picture Alliance | Getty Images Britain’s Shell on Thursday reported better-than-expected second-quarter profit and maintained the pace of its shareholder returns, despite…
Adie Bush | Connect Images | Getty Images Shares of Hanwha Ocean surged as much as 16.06% on Thursday to their highest levels since July 2015, following U.S. President Donald Trump’s announcement of a blanket 15% tariff on Seoul’s exports to the U.S. According to Reuters, Kim Dong-kwan, the vice chairman of the Hanwha Group,…
U.S. President Donald Trump calls on a reporter during a meeting with Philippine President Ferdinand Marcos Jr. in the Oval Office at the White House on July 22, 2025, in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images Come Friday, the world will have to contend with higher tariff rates from the…
Containers reflected in a puddle following a rainfall, at the Yantian port in Shenzhen, Guangdong province, China May 9, 2025. Tingshu Wang | Reuters BEIJING — China’s official gauge for manufacturing activity on Thursday pointed to a worse-than-expected contraction in July amid slower economic growth and ongoing U.S. trade tensions. The Manufacturing Purchasing Managers’ Index…
The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images Arm Holdings shares dipped as much as 9% in after-hours trading on the company’s first-quarter earnings results Wednesday….
Elon Musk has expanded a number of his companies within Texas, including Tesla, SpaceX, the Boring Co. and Neuralink. Tesla broke ground on a lithium refinery in Texas earlier this year with Governor Greg Abbott in attendance. Christophe Gateau | Picture Alliance | Getty Images Elon Musk’s tunneling venture, The Boring Company, announced plans earlier…
Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Samsung Electronics on Thursday reported a second-quarter operating profit of 4.7 trillion Korean won that missed expectations, weighed by a slump in its chip business. While Samsung’s second-quarter…
File photo: US President Donald Trump gestures during a joint press conference in South Korea. Afp Contributor | Afp | Getty Images U.S. President Donald Trump on Wednesday announced that Washington had reached a “Full and Complete” trade deal with Seoul, setting blanket tariffs on the country’s exports to U.S. at 15%. This deal would…
Ford Motor reported second-quarter revenue that beat expectations Wednesday, and reinstated its full-year guidance, which includes an estimated net $2 billion hit from tariffs. The automaker suspended its full-year guidance in May due to President Donald Trump’s auto tariffs. At that time, Ford predicted a $2.5 billion impact from tariffs this year but said it…
Microsoft Chairman and CEO Satya Nadella speaks in front of the OpenAI logo at the Microsoft Build conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP | Getty Images The $4 trillion club has a second member, at least based on after-hours trading. Following a better-than-expected earnings report on Wednesday, Microsoft shares…
