• Mon, February 3, 2025

by: ABC

Trump 2nd term live updates: Musk 'in the process' of 'shutting down' USAID, he says

President Donald Trump has begun his second administration with a series of controversial moves and decisions.

by: cnbctv18

How India's Makhana is becoming a global superfood

Makhana, or fox nut, is emerging as a globally recognised superfood due to its rich nutritional profile. Its growing popularity has driven international demand, with prices soaring up to ₹13,000 per kg in global markets, Business Today reported.

by: Moneyweb

More pain for ArcelorMittal as headline losses expected to widen

A trading update says the headline loss per share is expected to decline by between 165% and 174% for the year to December 2024. The loss per share will likely range between R4.50 and R4.66, compared with a loss per share of R1.70 for the previous financial year.

by: Couriermail

'In the lurch': Bank slammed after announcing over a dozen closures

An Aussie bank will close more than a dozen branches across the nation in a move which has been slammed as an "attack on regional communities".

by: BBC

Trump and Trudeau hold call after US president delays Mexico tariffs

by: Forbes

The Future Of Payments, Digital Money And The Underlying Technology

The world of finance is undergoing a digital revolution. Here's what the future could look like—and how your business can stay up-to-date.

by: Entrepreneur

Dollar Tree: When the Off-Price Is Still Too Expensive

The latest trend on TikTok and social media is "No Buy" where users vow to spend less or nothing in 2025 because they are tired of high interest rates

by: AOL

Is Netflix a Buy, Sell, or Hold in 2025?

Netflix reaffirmed its dominance among streamers in 2024, closing the year with 301.6 million memberships, a robust 16% increase from the previous year. The streamer pulled in $39 billion in revenue, also up 16% year over year, while its free cash flow held steady at $6.9 billion, matching 2023 levels.

by: MSN

CEO-level SALARY, pajamas optional: 7 high-paying remote jobs you need in 2025

In 2025, remote work offers lucrative opportunities across various fields. High-paying jobs like PR Manager, Finance Specialist, Digital Marketer, Data Scientist, and Content Writer provide flexibility without sacrificing income.

by: Reuters

Canadians cancel trips, ban American booze after Trump's tariffs

Canadians have canceled trips south of the border, boycotted U.S. alcohol and other products and even booed at sporting events after U.S. President Donald Trump announced 25% tariffs on most of Canada's goods on Saturday.

by: MSN

Stocks To Buy Today, Brokerages Recommendation: Adani Ports, ONGC, Bandhan Bank, LIC Housing Finance, Maruti Suzuki and more

Shares of several companies including Adani Ports, ONGC, Bandhan Bank, LIC Housing Finance, and Maruti Suzuki, among others, will be in the news today on February 4, 2025 (Tuesday).

by: Reuters

Explainer: What is a sovereign wealth fund?

President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth fund for the United States.

by: AOL

Bill Gates reminder on Intel struggles: One can get 'annihilated' if you miss a turn in the market

Shares of Intel have plunged 55% in the past year, badly lagging the 21% advance for the Nasdaq Composite ( ^IXIC ). Meanwhile, shares of rival chip player Nvidia have surged 78% over the past year as the company takes a wide lead on artificial intelligence chip innovation compared to Intel and AMD.

by: Forbes

Complexity Costs: A Hidden Tax On Your Business

Profit concentration is one of the clearest signs of complexity costs. Across nearly every business I've worked with, there's a similar dynamic: 20-30% of products, services or customers generate most of the profits (often more than 300%!), while the rest erode value.

by: BBC

Trump says EU tariffs will happen and UK is 'out of line' but deal 'can be worked out'

In essence, the imposition of 25% tariffs on Mexican goods has been expected by the Mexican government from the moment Donald Trump won the presidency. In recent days, President Claudia Sheinbaum has called for "cool heads" in dealing with the trade dispute - and with Washington more generally - under President Trump.

by: AOL

Trump's Executive Orders Could Delay Your Tax Refund This Year: Here's What You Can Do

President Donald Trump has issued a slew of executive orders (EO) since beginning his second term, including one that may have an impact on your tax refund. One of Trump's EOs initiated a

by: BBC

Trump delaying tariffs on imports for a month, Mexico's president says

The US president had said a 25% import tax on goods from Mexico would begin on Tuesday, along with tariffs on goods from Canada and China.

by: Reuters

Thai finance ministry wants to see rates cut this year

Thailand's finance ministry wants to see a cut in interest rates this year to be align with economic fundamentals and will discuss monetary policy easing with the central bank, a deputy finance minister said on Monday.

by: MSN

Trump to pause promised tariffs for 30 days after speaking with Trudeau

Prime Minister Justin Trudeau spoke to U.S. President Donald Trump early Monday morning about the forthcoming trade war, which has the potential to inflict economic pain on workers and businesses on both sides of the border.

by: MSN

Manitoba Premier Wab Kinew reacts to threats of U.S. tariffs

Manitoba's premier continued to threaten retaliatory actions on Monday should the U.S. president move forward on his threats to tariff Canadian goods. The government is now actively looking for ways to keep government contracts out of the hands of American companies in Manitoba.

by: AOL

Robinhood will let you bet on Super Bowl LIX between the Kansas City Chiefs and Philadelphia Eagles

The online trading platform ended months of speculation on Monday by saying it would launch event contracts for Super Bowl LIX, allowing customers to place trades on who will win the big game: the Kansas City Chiefs or the Philadelphia Eagles. The event contracts are eligible starting Monday.

by: Reuters

Vanguard slashes fees; expects its investors will save $350 million in 2025

Asset manager Vanguard said on Monday it was lowering the cost of investing across its fund lineup in its largest cut ever and estimated that this would translate into savings of more than $350 million for its investors this year.

by: Reuters

ING CEO weighs acquisitions to grow in Germany, Italy and Spain

Dutch lender ING Groep is considering buying rival banks in major European countries to boost its size, the Chief Executive told Reuters, potentially joining a wave of takeovers that are sweeping the region's financial sector.

by: MSN

Northern Ireland social enterprise firm appoints Newtownabbey businessman as new director

Having successfully led teams of over 250 personnel across the UK and Ireland, Martin Gillespie has worked across key sectors such as blue light services, education, healthcare, legal, and professiona

by: MSN

Trump mistaken, U.S. banks can and do operate in Canada says finance professor

A finance professor at the University of Toronto says American banks do operate in Canada despite assertions by U.S. President Donald Trump that they are not allowed to do business in the country.

by: MSN

SL Green Realty Shows Rising Relative Price Performance; Still Shy Of Key Threshold

A Relative Strength Rating upgrade for SL Green Realty shows improving technical performance. Will it continue?

by: MSN

Stormont restoration: Rate the minister

Yes, First Minister Michelle O'Neill and Deputy First Minister Emma Little-Pengelly present a positive, professional image when attending public engagements or representing the executive on an international stage.

by: MSN

'Moneyball' and 'Big Short' author Michael Lewis says elite rich Americans often overlook these factors that are key to their success

The American dream is based on the idea that if you work hard enough, you can achieve great success — and great wealth. Many people believe we live in a meritocracy, and they tend to put the super rich on a pedestal,

by: MSN

How Marketers Are Bracing for Trump's Tariffs

President Donald Trump's stiff 25% import tariffs imposed on Canada and Mexico over the weekend-plus a 10% tariff on Chinese goods-has already triggered counter-tariffs, trade wars, and threats of legal cases.

by: MSN

Power Grid Dividend 2025 announced in Q3 quarterly results: Check payment, record date, PSU's earnings

Power Grid Corporation of India Limited, is a Schedule 'A', 'Maharatna' Public Sector Enterprise of Govt. of India which was incorporated on 23rd Oct 1989 under the Company Act, 1956.

by: MSN

Tesla Stock Is Plunging. Both Trump Tariffs and Canada's Response Will Hurt.

Car stocks, including Tesla shares, were volatile on Monday—and in the red. Tariffs are the reason. Over the weekend, President Donald Trump went ahead with his plan to put 25% tariffs on goods from Mexico and Canada.

by: MSN

What's the cost of doing business outside the U.S. with new tariffs?

President Trump issued executive orders imposing tariffs on China, Mexico, and Canada. For Springs-based liquor stores and craft breweries - those tariffs may end up increasing the price tag of your favorite adult beverage depending on the length and impact.
  • Tue, February 4, 2025

by: CIO

25 enterprise tech predictions and goals for 2025, from APAC CIOs

Here are 25 key predictions and goals from CIOs across the region, helping businesses stay ahead in an era of unprecedented change. In 2025, AI will transform into 'everyday AI' — affordable, utility-based,

by: Malaysiakini

Brace for impact: Guan Eng proposes six shields against Trump's tariffs

US President Donald Trump's "destructive" tariff policies pose the greatest threat to containing inflation and generating sustainable economic growth for Malaysia, said former finance minister Lim Guan Eng.

by: decrypt

'Full-Throated Demand' for Crypto ETFs Yet to Emerge on Wall Street

Bitcoin and Ethereum ETFs got approved in 2024, but experts say we still haven't seen the "full-throated demand" that's been promised.

by: cryptonews

Bitcoin Miners Consider Hashrate Derivatives as BTC Price Rises

Bitcoin mining firms turn to financial tools like hashrate derivatives to stabilize income and support operational growth.

by: Tuko

NCBA Bank Announces Several Jobs for Kenyans in February 2025

NCBA bank advertised job vacancies in the fields of information technology, fraud monitoring, and management, urging all qualified and candidates to apply.

by: cnbctv18

Ujjivan Small Finance applies for universal banking license with RBI

To qualify for a universal banking license, the bank must meet several eligibility criteria, including being listed on a recognised stock exchange, maintaining a minimum net worth of ₹1,000 crore, and fulfilling minimum capital requirements.

by: MSN

'NI hospitality can no longer compete with Republic'

The Republic of Ireland's proposed lower VAT rate could make it harder to attract weddings, warns hotelier.

by: MSN

Trump wrong, U.S. banks can and do operate in Canada, association and professor say

The association representing bankers in Canada says U.S. subsidiaries and branches represent half of all foreign bank assets in the country, despite false claims by U.S. President Donald Trump that American banks can't do business north of the border.

by: MSN

China imposes retaliatory tariffs on US goods including coal, crude oil, and some vehicles

The Ministry of Finance said it would impose tariffs on coal, liquefied natural gas crude oil, agricultural machinery, and some vehicles.

by: MSN

Trump's tariff critics are trading on overblown and unfounded fears

We forget that during America's Golden Age, the government essentially funded itself entirely with tariffs; the income tax didn't even exist.

by: Reuters

HSBC deputy global equities chief takes leave, sources say

HSBC's deputy global head of equities Selene Chong is taking a leave of absence from her role, two sources with knowledge of the matter told Reuters, the latest in a slew of senior leadership changes at the Asia-focused lender.

by: Reuters

Target is sued for defrauding shareholders about DEI

Target has been sued for allegedly concealing the risks of its diversity and social initiatives, leading to a backlash that caused customers to flee and the stock price of the Minneapolis-based retailer to plummet.

by: Reuters

Ex-NATO chief Stoltenberg to become Norway's finance minister, local media report

Former NATO Secretary General Jens Stoltenberg was set to become Norway's new finance minister on Tuesday as part of a cabinet reshuffle, broadcaster NRK and business daily DN reported, citing anonymous sources.

by: Reuters

Singapore's GIC appoints Bryan Yeo as group chief investment officer

Singapore sovereign wealth fund GIC said on Tuesday that it has appointed Bryan Yeo, currently deputy group chief investment officer, as group CIO, taking over from Jeffrey Jaensubhakij who will retire and be appointed a GIC adviser.

by: Reuters

What is a sovereign wealth fund?

President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth fund for the United States.

by: Reuters

ING looking for acquisitions to grow in Germany, Italy and Spain, says CEO

Dutch lender ING Groep is considering buying rival banks in major European countries to boost its size, the Chief Executive told Reuters, potentially joining a wave of takeovers that are sweeping the region's financial sector.

Trump 2nd term live updates: Musk 'in the process' of 'shutting down' USAID, he says

President Donald Trump has begun his second administration with a series of controversial moves and decisions.
The article from ABC News provides live updates and insights into former President Donald Trump's activities and political maneuvers as he positions himself for a potential second term. It covers his recent speeches, policy promises, and interactions with supporters, highlighting his ongoing influence within the Republican Party. Key points include Trump's comments on election integrity, his plans for immigration reform, and his criticism of the current administration's policies. Additionally, the article touches on legal challenges Trump faces, reactions from political figures, and public opinion polls reflecting his standing among voters. The updates also mention his engagement with social media and his efforts to rally his base ahead of future elections.

Read the Full ABC Article at:
https://abcnews.go.com/Politics/live-updates/trump-second-term-live-updates/?id=118389757

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