Category: Business

Milan, April 2025 – In a landmark move uniting two of Italy’s most iconic luxury fashion houses, Prada has agreed to acquire Versace for €1.25 billion (approx. A$2.25 billion), according to an official announcement. The deal marks a major shift in the global fashion landscape and is expected to close in the second half of […]

NEW YORK, April 2025 — Investment banking giant Goldman Sachs has revised its forecast for a potential U.S. recession, lowering the probability to 45% from 65%, citing improved near-term economic outlook following former President Donald Trump’s decision to delay planned tariff hikes. The shift in outlook marks a notable easing of concerns among market analysts […]

“Iron-clad” and “non-negotiable” is how UK prime minister Keir Starmer recently described the country’s fiscal rules. The government has been coming under pressure to relax the rules and cut itself some financial slack. But according to the PM, these self-imposed restrictions are vital for maintaining UK economic stability. What Starmer is referring to is notably […]

Ms. Grynspan was speaking in the wake of growing UN concern at the effect on-going uncertainty could have on the most vulnerable developing economies. On Tuesday, the UN Secretary-General, António Guterres, stated that “trade wars are extremely negative,” and warned that the impact of tariffs could be “devastating.” Tariffs are a tax on imports coming into […]

The House Energy and Commerce Committee on Tuesday advanced the TAKE IT DOWN Act (S. 146) , a bill that seeks to speed up the removal of certain kinds of troubling online content. While the bill is meant to address a serious problem—the distribution of non-consensual intimate imagery (NCII)—the notice-and-takedown system it creates is an […]

Office of the Spokesperson HomeOffice of the SpokespersonPress Releases…Deputy Secretary Landau’s Meeting with Uzbekistan National Security Council Deputy Chairman Kamilov Deputy Secretary Landau’s Meeting with Uzbekistan National Security Council Deputy Chairman Kamilov April 7, 2025 The below is attributable to Spokesperson Tammy Bruce: Deputy Secretary of State Christopher Landau and Uzbekistan National Security Council Deputy […]

In a dramatic turnaround, Apple’s stock surged 15% on April 4, 2025, following the announcement of a 90-day hiatus on tariffs, lifting the company’s market value by over $400 billion. This marked Apple’s most significant trading day since 1998, recovering from its worst four-day streak in over two decades. The rally pushed Apple’s market cap […]

April 2025 — U.S. stocks rallied sharply following President Donald Trump’s announcement of a 90-day pause on select international tariffs, a move seen as a temporary reprieve amid ongoing global trade tensions. Shares of companies tied to travel, transport, and automotive manufacturing saw significant gains, including Delta Air Lines, American Airlines, Lucid Motors, Ford, and […]

Press freedom is widely considered to be a cornerstone of democracy. It brings accountability, transparency and access to reliable information. But beyond its democratic role, press freedom is also a vital part of a stable economy. Research has shown that it acts as a kind of financial watchdog, ensuring balance and accuracy. In doing so, […]

The RISE Riverine Community Resilience Challenge II, backed by the Virginia Department of Housing and Community Development (DHCD), invites startups with innovative solutions to address critical flood resilience issues. This challenge targets solutions that are capable of significantly improving disaster preparedness and recovery in flood-vulnerable regions across Western Virginia. Participants will pilot their innovations directly […]