Bitcoin, the world’s largest cryptocurrency by market value, was down by around 5% at $78,892.92 at 1855 GMT on Sunday. Ether, the second largest cryptocurrency, was down by around 9.62% at $1617.65 at 1859 GMT on Sunday.

VERONA, Italy – The outlook for Prosecco, Brunello di Montalcino and other Italian wines in the United States is increasingly gloomy, producers and importers said, following President Donald Trump’s imposition of a 20% tariff on European imports. Italy exports more…

WASHINGTON – More than 50 countries have reached out to the White House to begin trade talks, a top economic adviser to U.S. President Donald Trump said on Sunday as U.S. officials sought to defend sweeping new tariffs that have…

JERUSALEM – Israeli Prime Minister Benjamin Netanyahu said on Sunday he hopes U.S. President Donald Trump will ease tariffs imposed on Israel when the two meet in Washington this week. Under a sweeping new tariff policy announced by Trump, Israeli…

COGNAC, France – Christophe Fillioux’s family estate in the cognac region of southwest France has survived for five generations, through wars and financial crises. Now, though, he has started to tear up some of his vineyards by the roots. U.S….

The state of Texas on Saturday said it opened a probe into WK Kellogg, saying the breakfast cereal maker could be violating state laws by advertising its products as “healthy.” The office of state Attorney General Ken Paxton said in…

TAIPEI -Taiwan President Lai Ching-te met tech executives on Saturday to discuss how to respond to new U.S. tariffs, promising to ensure Taiwan’s global competitiveness and safeguard the island’s interests. President Donald Trump announced across-the-board import tariffs on Wednesday with…

CERNOBBIO, Italy – The euro zone economy’s long standing structural headwinds have been exacerbated by a surge in uncertainty which may get even worse in the wake of U.S. trade tariffs, European Central Bank policy maker Isabel Schnabel said on…

BEIJING – China’s state-run media has taken to the internet with AI-generated videos, featuring dancing robots and fraught consumers, to chide U.S. President Donald Trump and tariffs they say threaten high inflation and economic distress for Americans. “‘Liberation Day’, you…

HANOI – Vietnamese budget airline VietJet is set to operate Chinese-made COMAC ARJ21-700 aircraft, also branded as C909, on domestic routes for the first time from mid-April, according to a company statement reviewed by Reuters. The airline plans to operate…

Meta Platforms on Saturday released the latest version of its large language model (LLM) Llama, called the Llama 4 Scout and Llama 4 Maverick. Meta said Llama is a multimodal AI system. Multimodal systems are capable of processing and integrating…

RIO DE JANEIRO – Brazilian state-run oil company Petrobras has completed work on a veterinary center in the Amazon region that is required for it to obtain an environmental permit for an offshore drilling project, the company said on Saturday….

LONDON  -Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump’s 25% tariff. Jaguar Land Rover, which…

WASHINGTON/JUPITER, Florida -U.S. customs agents began collecting President Donald Trump’s unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week. The initial 10% “baseline”…

J.P.Morgan ratcheted up its odds for a U.S. and global recession to 60%, as brokerages scrambled to revise their forecast models with tariff distress threatening to sap business confidence and slow down global growth. The Trump administration imposed tariffs on…

TOKYO – Nintendo said it is delaying the start of pre-orders for the Switch 2 gaming device in the United States as it examines the potential impact of tariffs. Pre-orders will not start on April 9 in the U.S. “in…

BEIJING – China said on Saturday “the market has spoken” in rejecting U.S. President Donald Trump’s tariffs, and called on Washington for “equal-footed consultation” after global markets’ dramatic reaction to the trade levies, which drew Chinese retaliation. Several Chinese commerce…

U.S. pharmacy chain Rite Aid is weighing a possible repeat bankruptcy after its recent financial restructuring failed to put the drugstore chain on a sustainable path, the Wall Street Journal reported on Friday. The company has also been pursuing a…

Walmart on Friday denied a report from ABC News that it was considering joining a group of investors to buy short video app TikTok. Earlier on Friday, ABC News reporter Selina Wang said in a post on X that the…

OAKLAND – Billionaire Elon Musk’s lawsuit against OpenAI will go to a jury trial in spring 2026, the federal judge presiding over the case decided on Friday. Last month, OpenAI and Musk agreed to fast-track a trial over OpenAI’s for-profit…

SINGAPORE/LONDON -Emerging economies worldwide are bracing for sliding currencies and a possible deterioration of their sovereign credit after U.S. President Donald Trump’s tariffs brought levies on U.S. imports to their highest levels in 100 years. The worse-than-expected tariff blitz hits…

LONDON -Global markets have been sucked into a downdraft after U.S. President Donald Trump’s sweeping tariffs, setting investors’ go-to warning lights flickering but not yet flashing red. S&P 500 companies have shed $5 trillion in stock market value, an all-time…

WASHINGTON -Elon Musk’s SpaceX and United Launch Alliance are expected to each win a U.S. Space Force rocket launch contract on Friday worth billions of dollars to send some of the Pentagon’s most sensitive satellites into space over the next…

NEW YORK -Tariff-stunned markets face another week of potential tariff turmoil, with fallout from President Donald Trump’s sweeping import levies keeping investors on edge after the worst week for U.S. stocks since the onset of the coronavirus crisis five years…

A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal following President Donald Trump’s reciprocal tariffs announcement, according to two sources familiar with the matter. The…

The tech-heavy Nasdaq Composite index confirmed on Friday that it is in a bear market, as it has fallen 22.7% from its Dec. 16 record close, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump…

Canada’s commodity-linked main stock index ended more than 10% below its January 30 record closing high on Friday, confirming a correction, as China’s move to retaliate against U.S. trade tariffs spooked investors globally. The Toronto Stock Exchange’s S&P/TSX composite index…

NEW YORK – Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan said in a note on Friday. The historic “buy-to-dip” move by retail investors included names such as Nvidia, Amazon and…

NEW YORK -U.S. high-yield corporate bond spreads surged to 401 basis points as of late Thursday, their highest since November 2023, as global markets swooned over fears that U.S. President Donald Trump’s plan for import tariffs would kick off a…

WASHINGTON -President Donald Trump on Friday extended by 75 days a deadline for Chinese technology company ByteDance to sell U.S. assets of popular short video app TikTok to a non-Chinese buyer or face a ban that was supposed to have…