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Business

2057 posts
  • Business

China accuses US of ‘seriously violating’ trade truce | China

  • June 2, 2025
  • Roubens Andy King
China accuses US of ‘seriously violating’ trade truce | China
China has accused the US of “seriously violating” the fragile US-China detente that has been in place for less than a month since the two countries agreed to pause the…
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Gold ticks up as trade tensions rise
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  • Business

Gold ticks up as trade tensions rise

  • June 2, 2025
  • Roubens Andy King
Gold (GC=F) futures opened at $3,323 per ounce Monday, up 1% from Friday's close of $3,288.90. In early trading, the price of gold today remains below the highs of over…
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Disney to cut hundreds of employees in latest round of layoffs
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  • Business

Disney to cut hundreds of employees in latest round of layoffs

  • June 2, 2025
  • Roubens Andy King
Walt Disney Co. launched another deep round of layoffs on Monday, notifying several hundred Disney employees in the U.S. and abroad that their jobs were being eliminated amid an increasingly…
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Former bosses at video games firm Ubisoft on trial in France accused of sexual harassment | France
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  • Business

Former bosses at video games firm Ubisoft on trial in France accused of sexual harassment | France

  • June 2, 2025
  • Roubens Andy King
The first big trial to result from the #MeToo movement in the video games industry began in France on Monday, with three former executives from the French video game company…
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JPMorgan Chase To Open New ‘Elevated Concierge Type Of Service’ Brick-And-Mortar Locations To Woo Wealth Clientele
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  • Business

JPMorgan Chase To Open New ‘Elevated Concierge Type Of Service’ Brick-And-Mortar Locations To Woo Wealth Clientele

  • June 2, 2025
  • Roubens Andy King
JPMorgan Chase announced the opening of 14 new Financial Centers across four states this week The brick-and-mortar locations are aimed at serving its Private Client tier, who have over $750,000…
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L.A. media mogul Byron Allen hires investment bank to sell television stations
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  • Business

L.A. media mogul Byron Allen hires investment bank to sell television stations

  • June 2, 2025
  • Roubens Andy King
In a significant retrenchment, media mogul Byron Allen has retained investment banking firm Moelis & Co. to sell his network-affiliate television stations after spending more than $1 billion to scoop…
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Facebook and Instagram owner Meta to enable AI ad creation by end of next year | Meta
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  • Business

Facebook and Instagram owner Meta to enable AI ad creation by end of next year | Meta

  • June 2, 2025
  • Roubens Andy King
The owner of Facebook and Instagram is to help advertisers to fully create and target campaigns using artificial intelligence tools by the end of next year, in a move that…
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Aston Martin faces pressure from Fitch
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  • Business

Aston Martin faces pressure from Fitch

  • June 2, 2025
  • Roubens Andy King
Fitch Ratings has maintained Aston Martin Lagonda Global Holdings Plc’s long-term issuer default rating at ‘B-’, with a Negative Outlook, citing increased liquidity risk and weaker-than-expected free cash flow in…
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Pound nears three-year high as China accuses US of ‘seriously violating’ trade war truce – business live | Business
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  • Business

Pound nears three-year high as China accuses US of ‘seriously violating’ trade war truce – business live | Business

  • June 2, 2025
  • Roubens Andy King
Introduction: China accuses US of ‘seriously violating’ trade truce Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Trade war tensions are…
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A turning point for financial institutions
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A turning point for financial institutions

  • June 2, 2025
  • Roubens Andy King
Canada’s payments ecosystem is at a pivotal stage of transformation. The journey toward simplification and modernisation is accelerating, with efforts such as the introduction of Real-Time Rail (RTR) and increased…
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