Browsing: Business

Over 2,100 senior-ranking employees at the United States National Aeronautics and Space Administration (NASA) are set to leave the agency amid a sweeping federal workforce reduction effort under the Trump administration. Internal documents obtained by multiple outlets, confirm that a total of

U.S. copper prices have surged to record levels, widening a historic gap between domestic and international markets, after President Donald Trump announced plans to impose a 50% tariff on copper imports. The move, intended to encourage domestic production, has triggered immediate concern over its

Nvidia reached a historic milestone on Wednesday as its market capitalization surpassed $4 trillion, marking the first time any publicly traded company has achieved this valuation. The company’s shares rose over 2% in early trading, continuing a momentum driven by investor

The European Union remains in limbo as the anticipated trade agreement with the United States failed to materialize by the expected July 9 deadline. Talks had been moving forward in hopes of avoiding renewed U.S. tariffs, but with no finalized deal in place, both

U.S. copper prices have surged to record levels, widening a historic gap between domestic and international markets, after President Donald Trump announced plans to impose a 50% tariff on copper imports. The move, intended to encourage domestic production, has triggered immediate concern over its

Japan’s real wages declined by 2.9 percent in May compared to the same period last year, marking the fifth consecutive month of falling inflation-adjusted income, according to official data released on Monday. The latest figures represent the sharpest year-on-year drop in

Global food prices recorded a slight increase in June, driven by rising costs of meat, dairy, and vegetable oils, according to the latest data released by the United Nations‘ Food and Agriculture Organization (FAO) on Friday. The FAO Food Price Index,

Global air cargo demand increased by 2.2 percent in May 2025 compared to the same period last year, according to the latest data released by the International Air Transport Association (IATA). The report shows that international air cargo operations recorded a slightly

The European Commission and Ukraine have reached an agreement in principle to modernize their existing trade relationship, marking a significant step in Ukraine’s gradual integration into the European Union’s economic framework. The announcement follows the conclusion of negotiations on the review of the Deep

The European Union reported a decline in both the value and volume of petroleum imports during the first quarter of 2025, according to the latest data released by Eurostat, the statistical office of the European Union. The figures reveal a continued shift