President Donald Trump’s media company said Tuesday that institutional investors will buy $2.5 billion in the company’s stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.5 billion in the private placement for common shares in the company and another $1 billion for convertible senior notes,…
Wall Streetâs key stock indices opened higher on Tuesday after US President Donald Trump dialed back his threat of tariffs on European Union imports. At the opening bell, the Dow Jones Industrial Average rose 246.0 points, or 0.59%, to 41849.04. The S&P 500 rose 51.3 points, or 0.88%, to 5854.07â, while the Nasdaq Composite rose…
A look at the day ahead in European and global markets from Rae Wee Markets in Britain will likely return from the long weekend with a bang on Tuesday after Donald Trump’s backflip over his threatened 50% tariff on the European Union, although worries about his erratic policy shifts could make the lift short-lived. FTSE…
North Korea sharply criticized President Donald Trumpâs plan for a Golden Dome missile-defense system, a shield intended to counter threats from rivals including Pyongyang. The program âis an outer space nuclear war scenario supporting the US strategy for uni-polar domination,â the official Korean Central News Agency reported on Tuesday, citing a memo from an institute…
Itâs all back on: Thatâs the natural interpretation of what a second Donald Trump presidency and Republican administration will mean for deal-making in the US. But mergers and acquisitions bankers shouldnât spend the bonuses before theyâre earned. If President Joe Bidenâs blanket skepticism about M&A is out, the next era of merger control could be unpredictable and arbitrary rather…
Towards the end of the ancient Indian epic, the Mahabharata, Krishnaâs Yadava clan self-destructs. Many dark omens presage their downfall: nature behaves erratically and pests multiply. Sin, deception and violence proliferate, eroding trust and solidarity. Clan members humiliate and insult elders. When Krishnaâs extended family goes on a picnic, the men get drunk, argue and…
Donald Trump’s 25% tariff threats on Made-in-India iPhones could face a potential lawsuit from California Attorney General Rob Bonta. Earlier this week, Trump said he had told Apple CEO Tim Cook to fully manufacture iPhones in the US or face a 25% tariff on iPhones made in India or anywhere else in the world. Notably,…
Gold price outlook: Gold Futures on India’s Multi Commodity Exchange (MCX) closed 0.02 per cent or âš21 lower on Friday, 23 May 2025, after a rally fueled by the renewed trade tensions in the global economy over US President Donald Trump‘s stance with the European Union tariffs. Gold Futures for the June 2025 contract closed…
Top holders of Donald Trumpâs memecoin and other guests were greeted by protesters as they arrived for a dinner with the president at his golf club outside of Washington on Thursday, a day which saw Bitcoin extend its record high amid optimism about US government support for the crypto industry. Chinese crypto entrepreneur Justin Sun,…
US stock indices opened mixed on Thursday after the House of Representatives cleared President Donald Trump’s tax bill, which is expected to burden the country with trillions in debt. At the opening bell, the Dow Jones Industrial Average fell 96.8 points, or 0.23%, to 41763.68. The S&P 500 fell 3.3 points, or 0.06%, to 5841.26â,…
