Gold hits record, dollar drops as tariff fears dampen sentiment

Gold hits record, dollar drops as tariff fears dampen sentiment

Gold prices hit a fresh record on Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and his bubbling row with the Federal Reserve.
Intel, TSMC reach preliminary chipmaking deal: report

Intel, TSMC reach preliminary chipmaking deal: report

Intel and Taiwan Semiconductor Manufacturing Co (TSMC) have reached a preliminary agreement to form a joint venture to operate Intel's chipmaking facilities, tech news outlet The Information reported on Thursday.
Trump tariffs hammer global stocks, dollar and oil

Trump tariffs hammer global stocks, dollar and oil

Stock markets and the dollar tumbled Thursday after President Donald Trump's latest worldwide tariff salvo fanned a trade war that many fear will spark recession and ramp up inflation.
IMF chief says US tariffs a 'significant risk' to global economy

IMF chief says US tariffs a 'significant risk' to global economy

IMF chief Kristalina Georgieva on Thursday said new US tariffs "clearly represent a significant risk to the global outlook" and urged Washington to work with its trade partners.
Trump defiant as tariffs send world markets into panic

Trump defiant as tariffs send world markets into panic

Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war, while the White House insisted the US economy will emerge victorious.
'Frightening': US restaurants, producers face tariff whiplash

'Frightening': US restaurants, producers face tariff whiplash

From European wines to industrial tools, global tariffs launched by US President Donald Trump this week promise to sweep through the world's biggest economy, impacting everyone from restaurant owners to industrial manufacturers.
US business groups voice dismay at Trump's new tariffs

US business groups voice dismay at Trump's new tariffs

President Donald Trump's tariff announcement on Wednesday was widely panned by US business lobbying groups, who voiced concern about the impact of the sweeping new duties on their operations.
Siemens buys US firm Dotmatics for $5.1 bn in AI software push

Siemens buys US firm Dotmatics for $5.1 bn in AI software push

Germany group Siemens said on Wednesday it is buying Dotmatics, a US software company, for $5.1 billion to leverage its use of artificial intelligence to make drug discoveries.
Financial markets tumble after Trump tariff announcement

Financial markets tumble after Trump tariff announcement

Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy.
Key details on Trump's market-shaking tariffs

Key details on Trump's market-shaking tariffs

After weeks of anticipation, US President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday, calling it a "declaration of economic independence."
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