The price of the digital currency has dropped significantly despite President Donald Trump’s public support.
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Canada unveils auto industry plan in latest pivot away from US
The steps to bolster Canada’s auto industry come as Trump’s tariffs strain the sector and threaten jobs.
Bank hints at rate cuts, but don’t expect Covid-era mortgage deals
The Bank of England may have suggested more rate cuts are on the way, but they are unlikely to go
Bank of England expected to hold interest rates
Interest rates were cut to 3.75% in December and analysts expect at least one further reduction this year.
US probes Nike over white workers discrimination claims
Court documents allege the sportswear company treated white employees less favourably.
Wegovy maker warns price cuts ‘painful’ for firm as shares plunge
Novo Nordisk is facing “unprecedented” price pressures, “intensifying competition” and patents expiring.
Washington Post announces sweeping layoffs, scaling back news coverage
A former editor describes the massive cuts as one of the “darkest days” in the history of the storied newspaper.
US launches plan to tackle China’s critical minerals dominance
The event was attended by representatives of more than 50 countries, the White House said.
Walmart becomes first retailer to hit $1tn market value
The milestone reflects the US retail giant’s booming e-commerce business and investors’ embrace of its AI investments.
Netflix and Warner Bros struggle to defend merger
Concerns were raised by a subcommittee including potential price rises and the future of cinemas.