Wednesday, August 12, 2026
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With China’s DeepSeek, US tech fears red threat
San Francisco (AFP) - The emergence of the DeepSeek chatbot has sent Silicon Valley into a frenzy, with calls to...
Tesla results miss estimates as company projects 2025 auto volume growth
New York (AFP) - Tesla reported lower than expected profits Wednesday but confirmed key 2025 benchmarks, saying it will return...
Trump commerce pick says favors broad tariffs, vows tough China stance
Washington (AFP) - Donald Trump's commerce secretary nominee told his US Senate confirmation hearing Wednesday he favors "across-the-board" tariffs targeting...
Brazil central bank hikes interest rate as Lula’s woes mount
Brasília (AFP) - Brazil's central bank on Wednesday hiked its key interest rate to 13. 25 percent in more bad...
Meta posts big profit, aims to take AI lead
San Francisco (AFP) - Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans...
Powell says US Fed in no hurry to cut rates after pause
Washington (AFP) - The US Federal Reserve is in no "hurry" to adjust interest rates again, the central bank's chair...
Global stocks mixed as market awaits ECB decision
New York (AFP) - Equity markets were mixed Wednesday as attention turned away from tech stocks to the outlook for...
US Fed pauses rate cuts, will ‘wait and see’ on Trump policies
Washington (AFP) - The US Federal Reserve left its key lending rate unchanged Wednesday and adopted a patient "wait and...
Facing Trump and China, EU unveils pro-business roadmap
Brussels (Belgium) (AFP) - The EU unveiled a much-anticipated blueprint to revamp Europe's economic model on Wednesday, marking a shift...
Stocks diverge, dollar steady before Fed rate decision
London (AFP) - Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook...
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