Economy – Page 29 – Golden Financier

Economy

Berkshire Hathaway posts 4% dip in Q2 operating profit, writes down Kraft Heinz stake

Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, underscoring the toll of falling insurance premiums and broader economic uncertainty. Operating income dropped to…

View Post

View Post

Economy

Canada ponders over retaliation costs against US tariffs

The Canadian government faces a mounting economic and political challenge after the US increased tariffs on Canadian products to 35%, marking a sharp divergence in how Washington is handling trade…

View Post

View Post

Economy

Trump calls Powell a ‘MORON’, urges Fed board to take control over rate cuts

US President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell on Friday, urging the Fed’s board of governors to take over if Powell doesn’t move quickly…

View Post

View Post

Economy

Trump moves nuclear submarines near Russia: what triggered the move and what’s ahead

US President Donald Trump announced on Friday that he has ordered the deployment of two nuclear submarines to regions near Russia as a direct response to what he described as…

View Post

View Post

Economy

BOE rate cuts offer little relief as UK households face mounting financial strain

One year into the Bank of England’s interest rate cutting cycle, UK households are yet to see meaningful financial relief. Despite four rate reductions since July 2024 and expectations for…

View Post

View Post

Economy

Analysis: US tariffs threaten Russian crude exports to India

Concerns about potential supply disruptions, which had temporarily driven up prices, have been alleviated by Russia’s agreement to a 10-to-12-day deadline to end its invasion and implement a complete ceasefire…

View Post

View Post

Economy

Asian currencies reel as Trump’s new tariffs spark market jitters

Asian currencies dropped sharply on Friday, with South Korea’s won and Malaysia’s ringgit suffering the steepest declines, as US President Donald Trump announced sweeping new tariffs on imports from dozens…

View Post

View Post

Economy

Can China surpass the US as the world’s leading power?

China looked unstoppable a decade ago. Its economy roared. Cities grew. Factories churned.A familiar story was told that China would overtake the US and a new world order would begin.But…

View Post

View Post

Economy

Limited options to replace Russian oil set to drive up crude prices

Indian refiners may find it difficult to replace Russian crude oil volumes completely, which is likely to drive up crude prices, according to Commerzbank AG. US President Donald Trump of the…

View Post

View Post

Economy

Is Russia’s economy a ticking time bomb?

When President Vladimir Putin launched the full-scale invasion of Ukraine in early 2022, most Western analysts predicted swift economic collapse. Sanctions were sweeping. Companies were fleeing. Russian banks were cut off…

View Post

Popular Topics