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Business

JPMorgan CEO Jamie Dimon Predicts Recession as Likely Result of Trump's Tariff Policies

JPMorgan CEO Jamie Dimon warns that Trump's tariff policies could likely lead to a recession, citing market volatility and the cancellation of IPOs by several companies as indicato...

Business

Samsung and Google Cloud Unveil Ballie: The Future of AI Companions in Your Home

Samsung and Google Cloud announce Ballie, a new AI companion robot powered by Gemini AI, set to launch in the US and Korea this summer. Ballie promises to revolutionize home AI wit...

Business

Nintendo Delays Switch 2 Launch in China Amid Regulatory Pressures, Proceeds in Hong Kong

Nintendo delays the Switch 2 launch in mainland China due to regulatory pressures, while proceeding with the Hong Kong release. The move follows a previous delay in the U.S. over t...

Business

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

Prada's $1.4 billion deal to acquire Versace is in jeopardy, lacking approval from the Versace family amid global market turmoil caused by trade tensions. The outcome remains uncer...

Business

Fed's Barkin Warns: Consumer Prices May Rise by June Due to Tariffs, Impacting Employment

Federal Reserve's Thomas Barkin discusses the delayed impact of tariffs on consumer prices, expected by June, due to current business inventories. Businesses face challenges in pas...

Business

Indian Bank Slashes Repo Linked Benchmark Lending Rate by 0.35% to Boost Loan Demand

Following the RBI's repo rate cut, Indian Bank reduces its Repo Linked Benchmark Lending Rate by 0.35%, effective April 11, 2025, to lower borrowing costs and stimulate loan demand...

Business

Fitch Downgrades Alibaba and Tencent: A Sign of China's Economic Shifts?

Fitch Ratings downgraded Alibaba and Tencent to 'A' from 'A+' following China's sovereign rating cut, highlighting the impact of domestic operations and government regulation on th...

Business

March Sees a Remarkable 14.4% Surge in China's Car Sales, Led by New Energy Vehicles

China's car sales in March saw a 14.4% annual increase, with new energy vehicles making up over half of the sales. Tesla's sales dipped, while BYD reported significant growth.