Business News

Business

JPMorgan CEO Jamie Dimon Warns: Sweeping US Tariffs Could Accelerate Inflation and Economic Slowdown

JPMorgan CEO Jamie Dimon warns that US tariffs may lead to inflation and slow economic growth, raising recession fears. Business leaders, including Bill Ackman, criticize the polic...

Business

Spirit Airlines CEO Ted Christie Steps Down Following Bankruptcy Recovery, Leadership Shakeup Announced

Spirit Airlines CEO Ted Christie resigns post-bankruptcy, with an interim leadership team stepping in. The airline also sees changes in its executive team as it seeks a new directi...

Business

Adani Group Launches Colombo West International Terminal, Boosting South Asia's Maritime Trade

Adani Ports and Special Economic Zone Ltd (APSEZ) has started operations at Colombo West International Terminal in Sri Lanka, a USD 800 million project aimed at boosting maritime t...

Business

Leon Cooperman Critiques Trump's Tariffs as a Long-term Economic Mistake

Billionaire investor Leon Cooperman criticizes Trump's tariffs as a mistake, warning of long-term economic damage including inflation and slowed growth. He advises investors to sel...

Business

Spirit Airlines CEO Ted Christie Steps Down Following Successful Bankruptcy Exit

Spirit Airlines CEO Ted Christie resigns post-bankruptcy, with an interim leadership team stepping in. The airline also announces other executive changes, signaling a fresh start.

Business

First-Quarter Financial Showdown: Delta and Major Banks Set to Unveil Earnings Amid Tariff Impacts

This week, Levi Strauss, Delta Air Lines, and major US banks are set to release their first-quarter earnings, offering insights into the impact of recent tariffs on corporate perfo...

Business

EU Pushes for Zero Tariffs on Indian Car Imports Amid Domestic Industry Concerns

The EU is negotiating with India to eliminate car import tariffs, potentially benefiting European manufacturers and Tesla. India's domestic industry seeks protection, especially fo...

Business

Indian Rupee Plummets 38 Paise Against US Dollar Amid Global Trade Tensions and Economic Slowdown Fears

The Indian rupee fell sharply by 38 paise to close at 85.82 against the US dollar, marking its largest decline in over five weeks. This drop comes amid global trade tensions and ec...