Business News

Business

Walmart Revises Q1 Profit Outlook Amid Rising Tariff Uncertainties and Market Challenges

Walmart Inc. has chosen not to reaffirm its Q1 income target due to market uncertainties and new tariffs affecting imports. CEO Doug McMillon emphasizes cost control and price comp...

Business

Nvidia and Google Cloud Forge Strategic Alliance to Revolutionize Agentic AI with Unprecedented Security

Nvidia and Google Cloud announce a strategic partnership to enhance agentic AI with Nvidia's Blackwell platforms and Confidential Computing, ensuring data security and compliance a...

Business

JPMorgan CEO Jamie Dimon Predicts Recession as 'Likely Outcome' from Trump's Tariff Policies

JPMorgan Chase & Co CEO Jamie Dimon warns that President Trump's tariff policies could lead to a recession, citing market volatility and cancelled IPOs as signs of economic uncerta...

Business

Samsung Unveils Ballie: A Revolutionary AI Companion Powered by Google's Gemini AI

Samsung and Google Cloud announce Ballie, a new AI home companion powered by Google's Gemini AI, set to transform home management with conversational interactions and personalized ...

Business

Nintendo Delays Switch 2 Launch in China Amid Regulatory Pressures, Proceeds in Hong Kong

Nintendo delays the Switch 2 launch in mainland China due to regulatory pressures, while proceeding with the Hong Kong release. The company also previously adjusted US pre-order da...

Business

Prada's $1.4 Billion Versace Acquisition Faces Uncertainty Amid Global Market Turmoil

Prada's $1.4 billion deal to acquire Versace from Capri Holdings is in jeopardy, with the Versace family's approval still pending amid global market turmoil caused by trade tension...

Business

Fed's Barkin Warns: Tariff-Induced Price Hikes May Hit Consumers by June Amid Trade Tensions

Federal Reserve's Thomas Barkin discusses the delayed impact of tariffs on consumer prices, predicting hikes by June due to current inventories. Businesses face challenges in passi...

Business

Indian Banks Triumph in UK Court: Vijay Mallya's Bankruptcy Appeal Denied Amid Fraud Charges

Indian banks, led by State Bank of India, secured a major legal victory in the UK against Vijay Mallya, as the High Court upheld a bankruptcy order, dismissing his appeals in a cas...