Investments and Business

Trump extends China tariff deadline by another 90 days

Trump pushes China tariff deadline back by 90 days

The United States and China have once again extended a trade truce, delaying a potential escalation of tariffs that would have significantly disrupted the global economy. In an executive order signed just hours before the previous agreement was set to expire, President Donald Trump postponed the imposition of higher tariffs on Chinese imports for an additional 90 days. This decision, which Beijing reciprocated with a parallel extension, provides both nations with more time to address their ongoing trade disputes and work toward a more comprehensive agreement. The move was widely seen as a necessary step to prevent a full-blown trade…
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Musk threatens Apple and calls OpenAI boss a liar as feud deepens

Musk blasts Apple, claims OpenAI boss is misleading public

The escalating public dispute between Elon Musk, Apple, and OpenAI has reached a new level of intensity, fueled by accusations and legal threats. Musk, the owner of X and founder of the AI company xAI, has publicly accused Apple of engaging in what he calls "unequivocal antitrust violation" by allegedly favoring OpenAI's ChatGPT in its App Store. He threatened to take immediate legal action against the tech giant. This bold claim came in a series of posts on his social media platform, where he also directly challenged OpenAI CEO Sam Altman, calling him a "liar" and reigniting their long-standing animosity.…
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How the world’s most valuable company got caught in the middle of Trump’s spat with China

How Trump’s feud with China put the world’s most valuable company in the spotlight

The world’s most valuable publicly traded company, known for its technological innovation and global reach, has unexpectedly found itself at the center of one of the most high-profile geopolitical disputes of recent years. What began as a trade disagreement between the United States and China escalated into a broader political confrontation during the Trump administration, and along the way, it pulled this corporate giant into a tense and unpredictable conflict.While major corporations often operate across borders and navigate complex relationships with multiple governments, the stakes in this case were particularly high. This company’s vast supply chain stretches across continents, with…
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luxury villas located in Riviera del Sol Mijas costa del sol

Experience luxury at its finest: Magari introduces three villas in Riviera del Sol, offering design, comfort, and profitability

The builder Magari showcases its latest unique housing development on the Costa del Sol: three brand-new upscale villas situated in Riviera del Sol, Mijas, where modern design meets ultimate practicality, perfectly positioned equidistant between Marbella and Fuengirola.With a modern architectural proposal and spaces designed for well-being, these homes offer an exceptional lifestyle in one of the most sought-after areas of southern Spain. Each villa features three bedrooms, four bathrooms, a private solarium, several terraces with unobstructed views—two of them with sea views—a cinema room, a private gym, an elevator, and a swimming pool surrounded by a garden. Additionally, there is…
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The Giving Pledge was meant to turbocharge philanthropy. Few billionaires got on board.

The Giving Pledge was meant to turbocharge philanthropy. Why have so few billionaires joined?

When Warren Buffett and Bill Gates launched the Giving Pledge in 2010, they envisioned a movement that would fundamentally transform charitable giving among the world's wealthiest individuals. The initiative invited billionaires to publicly commit donating the majority of their wealth to philanthropic causes, either during their lifetimes or through their estates. More than a decade later, the results reveal a more complex reality about wealth redistribution among the global elite.The Giving Pledge boasts a total of 241 signers from 28 different countries, representing only a small segment of the about 2,600 billionaires across the globe. Despite the involvement of well-known…
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Here’s what could get more expensive from Trump’s massive tariff hikes

How Trump’s massive tariff hikes could affect your wallet

The recent implementation of substantial tariff increases by the U.S. government is expected to impact consumer prices across multiple sectors of the economy. These trade policy changes, representing the most significant import tax adjustments in decades, will likely lead to noticeable cost increases for various everyday products in the coming months.The prices of electronics and technology gadgets seem especially prone to increases. Several consumer electronics items, such as smartphones, laptops, and home appliances, include parts that are impacted by the new tariffs. Experts in the field anticipate these products may experience an 8-12% rise in retail prices as producers and…
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Toyota, world’s biggest carmaker, warns of unprecedented .5 billion profit hit from tariffs

Toyota faces $9.5 billion profit loss due to tariffs, world’s largest carmaker issues warning

The automotive industry faces substantial challenges as trade policies reshape the competitive landscape, with Toyota Motor Corporation projecting a $9.5 billion reduction in annual profits due to recently implemented tariffs. As the world's largest vehicle manufacturer, this forecast represents one of the most significant financial impacts reported by any corporation in response to changing international trade conditions.Industry experts highlight that these expected losses originate from various elements impacting Toyota's intricate international operations. The company's vast supply chain, stretching across many countries, has become especially susceptible to rising trade obstacles. Increased expenses will mainly influence vehicles and parts being transferred between…
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