TheBuzz24

The European Commission has issued more than $7 billion in fines to U.S. Substantial Tech companies over the past two years. Trump officials are increasingly clashing with the EU over fines and investigations of American tech companies. “All companies doing business in the EU are accountable to the European individuals and should respect the rules […]

Dated Brent is considered the real-world price tag of crude oil. The spot price of this benchmark rebounded on Thursday, as oil traders closely monitor a fragile ceasefire between the U.S. and Iran. Energy analysts warn the temporary truce is not likely to alleviate acute signs of stress in the physical oil economy. The fluctuating […]

Eli Lilly’s sector share in India’s weight‑loss drug marketplace fell to 56% in March from 61% in February. Indian generic drugmakers have launched 26 brands of semaglutide that directly compete with Novo Nordisk’s Ozempic and Wegovy. The economy share of India’s most popular weight‑loss drugmaker, Eli Lilly, slipped in March, while rival Novo Nordisk held […]

Oil prices traded higher as tanker traffic through the Strait of Hormuz remains at a near standstill. Supply disruptions in Saudi Arabia have also raised production concerns. Saudi Arabia’s key pipeline to the Red Sea was struck in an attack blamed on Iran. Oil prices traded higher on Friday amid persistent tensions around the Strait […]

Stock futures were little changed early Friday as traders kept an eye on the fragile two-week ceasefire between the U.S. and Iran. S&P 500 futures were little changed, while Nasdaq 100 futures traded about 0.15% higher. Futures tied to the Dow Jones Industrial Average were trading flat. Stocks advanced on Thursday, extending their gains this […]

Taiwan Semiconductor Manufacturing Co. (TSMC) reported first-quarter revenue of 1.13 trillion updated Taiwan dollars ($35.6 billion), a 35% year-on-year rise. The chip giant is benefiting from sustained demand for advanced semiconductors from its key customers like Apple and Nvidia. Investors will also be eying earnings from ASML next week, a firm seen as a bellwether […]

The meeting Friday marked the first such encounter between Xi and a sitting opposition party leader since 2016. U.S. President Donald Trump’s military actions in Venezuela and Iran, along with his threats over Greenland, have prompted some to draw parallels with Beijing’s posture toward Taiwan. But analysts say the risk of near-term aggression from Beijing […]

Beijing is most concerned about the impact of the Iran war on its economy, an analyst commented. Economic risks, especially energy costs, drove Beijing’s cautious diplomacy. Pakistan is hosting U.S. and Iranian officials this weekend for ceasefire talks, although Beijing’s level of involvement remains unclear. BEIJING — China’s ties with countries such as Iran and […]