Europe will likely only be able to produce a small portion of the rare earths it requires for electric vehicles and wind turbines, primarily due to inexpensive competition from China, the leading producer, Reuters reported…
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Investing
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Investing
Musk calls Trump’s trade adviser Navarro ‘truly a moron’ and ‘dumber than a sack of bricks’ over tariff row
Tesla CEO Elon Musk has reignited tensions with the Trump administration, publicly mocking senior trade adviser Peter Navarro amid a fierce debate over US trade tariffs. Musk slammed Navarro as “truly a moron” and “dumber… -
Elon Musk’s social media platform X, formerly known as Twitter, has reached a preliminary agreement to settle its legal dispute with Twitch, a live streaming service owned by Amazon. The deal relates to allegations that…
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As trade tensions escalate, Netflix (NFLX) appears to be one of the rare American tech giants with a cushion against severe fallout. While many firms brace for heavy blows, the streaming platform’s global integration and…
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Investing
US confirms 104% tariffs on Chinese imports effective April 9: ‘Additional tariff will be collected starting tomorrow’
The US–China trade tensions took a major turn on Monday as the White House confirmed a sweeping 104% tariff on selected Chinese imports, escalating an already volatile standoff between the world’s two largest economies. According… -
Investing
Dow and S&P 500 rebound on hopes of tariff deals; Broadcom shares jump, healthcare stocks post notable gains
Major equity benchmarks rebounded from the blood bath of the previous sessions as traders hoped the US would reach trade deals and lower duties.At the time of writing, the Dow Jones Industrial Average was higher… -
US stocks are struggling to find a floor after President Trump announced retaliatory, or what some would call punitive, tariffs on dozens of countries on April 2nd.Financial markets from all over the world are reacting…
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Earlier today, the Hedera price rose sharply following the speculation of a potential integration with Nvidia’s cutting-edge AI ecosystem, which has energized traders and market watchers alike.The market reaction was emphatic, with HBAR climbing approximately…
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US President Donald Trump raised eyebrows last week when he singled out Australian beef while announcing tariffs on a broad range of imports.“They won’t take any of our beef,” Trump said, referring to Australia’s long-standing…
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