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Finance
admin March 4, 2025

China ‘firmly rejects’ additional U.S. tariffs, says it will implement countermeasures

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING — China "firmly rejects" additional U.S. tariffs on Chinese goods and will take countermeasures, the Ministry of Commerce said in a statement Tuesday.The...

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Economy
admin March 4, 2025

Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut

Two parents and their two children walk through a section of sweet cakes, biscuits and jam.Nicolas Guyonnet | Afp | Getty ImagesEuro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday.Economists surveyed by Reuters...

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News
admin March 2, 2025

How a $5 million fix turned Paramount Pictures’ ‘Sonic’ into a billion-dollar franchise

Paramount Pictures revamped version of Sonic the Hedgehog (r).Source: Paramount PicturesSonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a screaming halt in 2019.A less-than-three-minute trailer released early that year to tease the film's release, which was just...

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Investing
admin March 2, 2025

Westinghouse sees path to building cheaper nuclear plants after costly past

Cooling towers and reactors 3 and 4 are seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. Aug. 13, 2024. Megan Varner | ReutersExpanding two power plants in Georgia and South Carolina with big, new reactors was supposed to spark a "nuclear renaissance" in the U.S. after a...

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Finance
admin March 2, 2025

Another ‘near miss’: Citigroup mistakenly credited a customer account with $81 trillion

Jim Dyson | Getty Images News | Getty ImagesCitigroup mistakenly credited a customer's account with $81 trillion last year when it meant to send just $280.The payment, which took place last April, was missed by two employees but caught 90 minutes after it was posted, the Financial Times first reported...

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