Business News

Business

Prada's $1.4 Billion Acquisition of Versace Hangs in the Balance Amid Global Market Turmoil

Prada's $1.4 billion deal to acquire Versace is at risk, with the Versace family yet to approve. Global market turmoil and trade tensions add uncertainty, with a 50-50 chance of th...

Business

Fed's Barkin Warns: Expect Consumer Price Hikes by June Due to Tariffs

Federal Reserve's Thomas Barkin predicts tariff-related price hikes by June, citing business inventory levels and consumer resistance. The trade conflict may reduce employment but ...

Business

Google Unveils Bold $75 Billion Investment Plan for 2025, Signaling Major Growth Ambitions

Google announces a $75 billion investment for 2025, a 50% increase from 2024, and expands its Cloud WAN globally to enhance application performance, offering faster speeds and redu...

Business

Google Unveils Massive $75 Billion Investment Plan for 2025, Boosting Global Cloud Services

Google announces a $75 billion investment for 2025, a 50% increase from 2024, and extends its Cloud WAN service globally, offering faster performance and lower costs.

Business

Google Unveils Gemini 2.5 Flash AI: A Leap Forward in Cost-Efficient and Intelligent Models

Google announces Gemini 2.5 Flash AI, offering enhanced control and cost efficiency. This latest model continues Google's legacy of AI innovation, powering billions of users across...

Business

Walmart Revises Q1 Profit Outlook Amid Rising Tariff Uncertainties and Market Challenges

Walmart Inc. has chosen not to reaffirm its Q1 income target due to market uncertainties and new tariffs affecting imports. CEO Doug McMillon emphasizes cost control and price comp...

Business

Nvidia and Google Cloud Forge Strategic Alliance to Revolutionize Agentic AI with Unprecedented Security

Nvidia and Google Cloud announce a strategic partnership to enhance agentic AI with Nvidia's Blackwell platforms and Confidential Computing, ensuring data security and compliance a...

Business

JPMorgan CEO Jamie Dimon Predicts Recession as 'Likely Outcome' from Trump's Tariff Policies

JPMorgan Chase & Co CEO Jamie Dimon warns that President Trump's tariff policies could lead to a recession, citing market volatility and cancelled IPOs as signs of economic uncerta...