Business news
- Iran’s regime in its ‘final days and weeks' after mass protests, Germany’s Merz says - German Chancellor Friedrich Merz on Tuesday said the embattled Iranian regime appears to be finished.
- Trump’s tariff gambit over Iran risks derailing U.S.–China trade deal - President Donald Trump's threat of 25% tariffs on countries doing business with Iran has raised the risk of derailing Washington's fragile trade deal with Beijing.
- Orsted jumps 6% after U.S. judge rules firm can resume wind project halted by Trump - The move comes shortly after a U.S. judge cleared the company to resume work on its nearly finished Revolution Wind project.
- European markets set to open broadly higher as geopolitics remains in focus - European stocks are expected to open broadly higher on Tuesday, with investors keeping an eye on geopolitical developments and data.
- Hedge funds had their best year since 2009. These 2 strategies drove the biggest returns - Hedge funds notch their best year since the Global Financial Crisis as equity and macro strategies surge.
- SK Hynix to invest $13 billion in new plant amid memory chip shortage - South Korea's SK Hynix will invest 19 trillion Korean won into a new advanced packaging plant, as the company attempts to meet growing memory demands.
- Venezuela stocks soar 130% to record highs as Maduro's ouster spurs economic turnaround hopes - Venezuela's stock market has staged a dramatic rally following the capture of its ex-president Nicolás Maduro.
- Trump says Microsoft will make changes to ensure consumers don't pay for power used in AI buildout - President Trump said in a social media post that Microsoft will "make major changes beginning this week" to make sure Americans don't see rising energy costs.
- Japan's Nikkei 225 jumps over 3% as expectations that ruling party will opt for a snap vote rise - Asia markets opened higher as investors shrugged off ongoing geopolitical flashpoints and a criminal investigation into Fed chair Jerome Powell.
- What the Justice Department investigation of Fed Chair Powell may mean for your money - The Justice Department's criminal investigation of Federal Reserve Chair Jerome Powell could have far-reaching impacts on consumer wallets, economists say.