Europe should “take its destiny in its own hands” and strive to keep new defense budgets within its own borders, according to the chief executive of French defense giant Thales. The European Union plans to mobilize as much as 800 billion euros ($841 billion) to ramp up defense spending. The announcement came after the U.S….
Europe should “take its destiny in its own hands” and strive to keep new defense budgets within its own borders, according to the chief executive of French defense giant Thales. The European Union plans to mobilize as much as 800 billion euros ($841 billion) to ramp up defense spending. The announcement came after the U.S….
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company ever. Analysts polled by FactSet expect $38 billion in sales for the quarter ended in January, which would be a 72% increase on an…
The BP logo is displayed outside a petrol station on January 30, 2025 in Warrington, United Kingdom. Nathan Stirk | Getty Images News | Getty Images British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset. The beleaguered…
Republicans in the US House of Representatives narrowly passed a multi-trillion dollar government spending bill on Tuesday, a major boost for President Donald Trump that advances his 2025 agenda. The 217-215 vote was seen as a key early test for Republican House speaker Mike Johnson, who cancelled an earlier vote as it appeared he did…
MUNICH, GERMANY – FEBRUARY 15: NATO Secretary-General Mark Rutte walks outside the main venue at the 61st Munich Security Conference on February 15, 2025 in Munich, Germany. International defence and security leaders from around the world are gathering for the February 14-16 conference. (Photo by Sean Gallup/Getty Images) Sean Gallup | Getty Images News |…
U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025. Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States…
Trump asked if he trusts Elon Musk President Trump has defended Elon Musk’s drive to shut down sections of the US government amid legal challenges, transparency concerns and questions over conflicts of interest. “He’s not gaining anything. In fact, I wonder how he can devote the time to it,” Trump said Sunday. Democrats have accused…
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg on Wednesday said it’s too early to tell what impact DeepSeek’s breakthrough AI model will have on his company and the broader…
Silas Stein | Picture Alliance | Getty Images American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the fourth quarter after slowing from a 7% growth rate early in the year to 6%…
