US firms look to Pakistan for critical mineral supplies as American companies explore investment opportunities in the country’s mining sector. The move supports Washington’s efforts to build secure global supply chains for strategic minerals. Several US companies are exploring investments in Pakistan’s copper, antimony, and other critical mineral projects. They also plan to expand trade… Continue reading US Firms Look to Pakistan for Critical Minerals
The US jobs fall July report surprised economists after official figures showed employment declined instead of increasing. The latest data points to a cooling labour market, with fewer hiring opportunities across several industries despite the unemployment rate remaining unchanged. The unexpected decline adds to concerns that the US labour market is gradually losing momentum after… Continue reading US Jobs Unexpectedly Fall in July as Hiring Slows
The United States is tightening restrictions on Chinese technology imports as part of a broader strategy to strengthen domestic manufacturing and reduce national security risks. The latest measures target products such as robots, drones, routers, and power inverters, with officials saying the goal is to encourage American companies to build critical technologies at home. Brendan… Continue reading US Telecom Restrictions on Chinese Tech Imports
Dow record highs returned on Wednesday as investors welcomed signs of progress toward a potential peace agreement involving Iran. The optimism helped push both the Dow Jones Industrial Average and the S&P 500 to fresh intraday records. However, the Nasdaq slipped after disappointing reactions to earnings from SpaceX and Advanced Micro Devices (AMD). Although technology… Continue reading Dow Record Highs as Iran Deal Hopes Lift Wall Street
US Stocks Mixed as Earnings Keep Wall Street on Edge US stocks mixed trading continued on Thursday as investors weighed another wave of corporate earnings alongside economic data, rising oil prices, and concerns about inflation. While the broader market remained close to record highs, individual company results created sharp gains and losses across several sectors.… Continue reading US Stocks Mixed as Earnings Reports Roll In
SpaceX AI spending has become the center of investor attention after the aerospace company reported stronger-than-expected returns from its artificial intelligence investments during its first earnings call as a publicly traded company. However, despite rapid revenue growth, concerns over rising capital expenditure pushed the company’s shares sharply lower. The stock fell around 12% on Wednesday,… Continue reading SpaceX AI Spending Faces Investor Pressure
Shell Profits Iran War Boost Earnings Shell profits Iran war became one of the biggest business stories after the energy giant reported that its second-quarter profits more than doubled as rising oil prices boosted earnings. The company posted profits of $9.84 billion (£7.37 billion) for the April-to-June quarter, compared with $4.26 billion during the same… Continue reading Shell Profits Double as Iran War Drives Oil Prices Higher
Amazon Seafood Sustainability Lawsuit Targets Greenwashing Claims Amazon is facing a new legal challenge after consumers filed an Amazon seafood lawsuit, accusing the company of misleading shoppers with sustainability claims attached to seafood products sold through its online marketplace. The proposed class-action complaint was filed in a federal court in Seattle, where plaintiffs argue that… Continue reading Amazon Seafood Lawsuit: Greenwashing Claims
Apple loses nearly $500 billion in market value after the company released a weaker-than-expected financial forecast, sending its shares sharply lower and raising fresh concerns about supply chain disruptions caused by the global artificial intelligence boom. The iPhone maker’s stock dropped nearly 10%, putting almost $500 billion of its market capitalization at risk. The decline… Continue reading Apple Loses Nearly $500 Billion After Weak Forecast
Microsoft revenue climbed to $90 billion during the April,June quarter, helping the technology giant outperform Wall Street forecasts as cloud computing and artificial intelligence continued to drive strong business growth. The company also reported a significant increase in Azure cloud services and Microsoft 365 Copilot subscriptions, highlighting growing demand for enterprise AI solutions. Microsoft Revenue… Continue reading Microsoft Revenue Beats Expectations at $90 Billion
