Usa Financial News
06.03 / 17:41
markets
Digital
President
RAI
country
Russia calls French nuclear comments a 'threat'
Lavrov also reaffirmed his country's opposition to European forces being deployed in Ukraine if an accord was made to halt the conflict. Macron on Wednesday called Russia a «threat to France and Europe» and said France was «legitimately worried» about the United States shifting its position on the Ukraine conflict under US President Donald Trump.
06.03 / 17:41
06.03 / 17:41
06.03 / 17:41
Manufacturing
Strategy
economy
Trade
War
country
rights
Beijing misreads the budget Tea Leaves
Combination of trade and strategic dominance makes China an unlikely counterweight to a protectionist US. Trade and geopolitical risks have escalated since Trump assumed office, and the second-order outcome of reciprocal US tariffs is Chinese overproduction. US tariffs on Chinese goods will rise further and China's exports will be diverted to Europe and Asia.
06.03 / 16:35
markets
IPO
Provident
CEO
Enterprise
wellness
Diversity
With NCLT nod in place, business services provider Quess to list new firms on exchanges in two months
Quess Corp will list its two new entities Bluspring Enterprises and Digitide Solutions in two months, the company founder-chairman Ajit Isaac told ET on Thursday. The Bengaluru-headquartered company with diverse businesses is moving swiftly to cement the independent identities of new firms. “We are among the few companies that have been on course on the demerger scheme,” Isaac said. The company began the process of demerger two years ago which helped it plan the leadership and governance structures well in advance. The two new companies are a result of the deployment of capital raised through an IPO about eight years ago. “This is a proof of our capital allocation strategy,” he added.
06.03 / 16:35
markets
WhatsApp
Trade
President
War
Trudeau expects a trade war between Canada and the US for the 'foreseeable future'
Trudeau said Thursday he expects Canada and the U.S. to be in a trade war for the foreseeable future after having what he called a colorful but constructive call with U.S. President Donald Trump this week. Trudeau said the two sides discussed tariffs, and that they are «actively engaged in ongoing conversations in trying to make sure these tariffs don't overly harm» certain sectors and workers. He also reiterated that «we will not be backing down from our response tariffs until such a time as the unjustified American tariffs are Canadian goods are lifted.» Trump launched a new trade war Tuesday by imposing tariffs against Washington's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin. Trump put 25% taxes, or tariffs, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy.
06.03 / 16:35
markets
Digital
CEO
coinbase
Strategy
Bitcoin
reports
Trump's White House Crypto Summit is in focus. Will Bitcoin be integrated into US financial strategy?
White House Crypto Summit on March 7. Trump, who has multiple ties to the crypto industry, will host the sector's top players at a White House summit on Friday. Crypto has enjoyed a renewed momentum following his return to the White House in November. The US crypto community rallied behind Trump's campaign, contributing millions of dollars towards his victory over Joe Biden, whose administration tightened regulations and expressed skepticism toward digital currencies. Now, they're seeing their support pay dividends. Trump has waded into the space personally as well, partnering with exchange platform World Liberty Financial and launching his own «Trump» memecoin in January as his wife Melania did the same — moves that have prompted conflict of interest accusations.
06.03 / 15:35
06.03 / 15:35
markets
Provident
CEO
economy
Solomonic
reports
Recession looming? Goldman Sachs CEO David Solomon’s two-word response brings big relief; here's what he said
US economy and rumors of a possible recession, Goldman Sachs CEO David Solomon provided some reassurance with a straightforward yet effective answer, as per a report.
06.03 / 15:35
markets
UPS
Digital
Manufacturing
innovations
Magellan Aerospace inks MoU with Aequs to set up sand-casting unit at Belagavi Aerospace Cluster
Magellan Aerospace Corporation signed a memorandum of understanding (MoU) with Belagavi-headquartered contract manufacturing company Aequs to establish a sand-casting facility at the Belagavi Aerospace Cluster (BAC) in Karnataka on Thursday. The joint venture aims to meet the sand casting demands in the growing aerospace industry. This increased sand-casting capacity would support both commercial and defence sectors, Aequs said. This new venture aims to enhance sand casting capabilities in Southeast Asia. Magellan is a centre of excellence (CoE) for sand castings in North America, and it can cast complex geometries using the chemically bonded sand process.
06.03 / 15:35
markets
Trade
President
stars
reports
Features
Videos
'We are not 51st anything': Beer ad icon returns after 25 years amid Trump tariffs, annexation threats
And for the second time in 25 years, as oversized maple leaf flag ripples on a screen behind him, Jeff Douglas, from Truro, N.S, approaches the microphone and delivers the same message: Canada will not cower to the United States. Jeff Douglas, from Truro, N.S., became a national sensation after starring as flannel-wearing Joe Canadian in Molson Canadian's 2000 ad «The Rant,» which was a huge success for the beer company and popularized the slogan, "I am Canadian!", reported CBC News. He appeared in a highly popular ad for Molson Canadian beer over two decades ago and became a national sensation.
06.03 / 15:35
06.03 / 14:35
markets
Align
President
students
Department
Schools
wrestling
Department of Education in the US to be history, Donald Trump expected to sign executive order to shutter the federal agency
Department of Education's days of worry have already begun and now it looks like Trump could sign the executive order anytime soon in order to eradicate the federal agency altogether.
06.03 / 14:35
markets
UPS
security
Align
President
reports
Elon Musk backs USPS privatisation as mail service faces heavy losses
Elon Musk has called for the privatisation of the United States Postal Service (USPS). He argued that government-run entities should face market competition to drive efficiency. The proposal was made during a Morgan Stanley technology conference in San Francisco. His stand aligns with that of President Donald Trump’s on the matter.
06.03 / 14:35
markets
SUN
Airlines
security
country
reports
International
Flight enroute to Mexico from Minneapolis diverted to Texas over security concern
Sun Country Airlines. The airline said that Flight SY593, which was headed for the Mazatlan International Airport in Mexico from MSP, was diverted «out of an abundance of caution in response to a security concern», according to CBS News.
06.03 / 14:35
markets
Election
students
reports
Department
Schools
What does Department of Education do and what is its budget? Story in 10 points
Department of Education", US media has reported. A long-cherished goal of conservatives, the move would deliver on a promise Donald Trump made during the election campaign. Trump plans to end some of the department's programmes, while others would be housed within different parts of the government, according to US media reports.
06.03 / 14:35
markets
Reuters
President
Doge
show
reports
Department
US weekly jobless claims fall more than expected
unemployment benefits fell more than expected last week, suggesting that the labor market remained stable in February, though turbulence lies ahead from tariffs on imports and deep government spending cuts. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 221,000 for the week ended March 1, the Labor Department said on Thursday. Economists polled by Reuters had forecast 235,000 claims for the latest week. Applications surged in the prior week amid snowstorms in many parts of the country and difficulties adjusting the data for seasonal fluctuations around the Presidents Day holiday.
06.03 / 14:35
markets
UPS
Manufacturing
Tesla
Hyundai
reports
Why Indian automakers are not scared of Elon Musk
Elon Musk's electric car maker Tesla, which has been actively exploring opportunities to enter the Indian market, is opening a showroom in Mumbai’s upscale business district Bandra Kurla Complex (BKC) to sell its imported cars. Tesla has plans to set up a manufacturing plant in Maharashtra. The most popular electric car brand in the world has long been seen as a heavyweight which will disrupt Indian's nascent electric vehicle (EV) market. But Indian automaker don't seem to be scared of Musk's India venture. JSW Group Chairman Sajjan Jindal has doubted Musk’s ability to crack the Indian market, asserting that local giants Tata Motors and Mahindra & Mahindra are now deeply entrenched. JSW Group has a JV with China's SAIC Motor, JSW MG Motor India Pvt. Ltd, which sells EVs such as MG Comet EV, MG ZS EV, MG Windsor EV, MG 4 EV, and MG M9 EV. It is planning to launch several new EV models in 2025, including the Cyberster, an electric sports car. India's EV sales are merely 2.5% of the total passenger vehicle sales. Can Indian EV makers take on the world's biggest EV brand while they are still in their infancy?
06.03 / 14:33
Citi
Waters
Southern
reports
evacuation
Schools
Updates
Cyclone Alfred LIVE Updates: Brisbane airport cancels flights; early rain, wind from rare cyclone hit eastern Australia
Schools closed, public transport stopped – What we know about rare storm nearing Australian coastTropical Cyclone Alfred is expected to make landfall late Friday or early Saturday with the strength of a category 1 Atlantic hurricane, as it swirls west toward the city of Brisbane, home to 2.5 million people, and coastal suburbs either side.ALSO READ: Brisbane Airport cancels flights; schools closed, transport halted as storm approaches Australian coastAlfred is threatening a region that doesn’t normally experience cyclones; they typically form much further north, over warmer waters in the tropics. The delay in the storm’s arrival gave officials more time to issue warnings to anxious residents living in properties previously untested by cyclonic winds.Catch Live Updates With MintCyclone Alfred LIVE Updates: Prime minister Anthony Albanese said 660 schools in southern Queensland and 280 schools in northern New South Wales were closed on Thursday as weather conditions worsen."My message to people, whether they be in southeast Queensland or northern New South Wales, is we are there to support you.
06.03 / 13:25
markets
Aviat
SpaceX
Doge
reports
Department
Traffic
Elon Musk’s DOGE member issues chilling threat to FAA staff on Day One, 'Obstruct me and you’ll risk losing your job’
Ted Malaska, a temporary special government employee with the Department of Government Efficiency (DOGE), reportedly warned Federal Aviation Administration (FAA staffers) that anyone who obstructed his work would be reported directly to Elon Musk and could risk losing their jobs, as per a report. The warning message came as Malaska began his mission to implement Starlink technology into the FAA’s infrastructure, according to Bloomberg.
06.03 / 13:25
markets
security
Trade
President
country
Latin
reports
We’re taking it back! Donald Trump wins Xi Jinping budges: President declares U.S is reclaiming Panama Canal as investors secure deal to buy Chinese-backed ports
Donald Trump's Presidency, he has been talking about China's involvement in the Panama Canal and how he would like to reclaim the Panama Canal from the grips of the Asian country. However, it now looks like these talks and pressurizing are yielding some fruit as Asian investors are now agreeing to sell off their stakeholding to American and Swiss investors amid the ongoing controversy, according to an NBC News report.
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