A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to Buenos Aires in a decade-long international legal saga. To partially satisfy the outstanding sum, Preska on Monday ordered Argentina to transfer its 51 percent stake of YPF to an intermediary, with instructions that the shares then be handed over to the plaintiffs.
After a tough 2024 with high inflation and reduced consumer spending, Mastercard has listed things that would influence the increased consumer spending in 2025.
The US music industry passed 100 million paid streaming subscriptions for the first time in 2024, according to the latest report from the Recording Industry Association of America released Tuesday.
Prime Minister Mark Carney announced Tuesday a Can$6 billion (US$4.2 billion) deal with Australia to develop an Arctic radar system, warning that Canada must take more responsibility for its defence as US priorities shift. Funding for enhanced Arctic radar was announced under Trudeau, but the decision to partner with Australia was unveiled Tuesday.
Nvidia chief Jensen Huang on Tuesday showcased cutting-edge chips for artificial intelligence and new applications for the technology, shrugging off talk of China's DeepSeek disrupting the market and dangers from US President Donald Trump's trade wars.
Packing familiar formulas into an all-new Japanese setting, "Assassin's Creed Shadows" is the latest big-budget game from developer Ubisoft that is staking its future on the title.
German industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide due to weak demand and increasing competition in China and in its home market. "Muted demand primarily in the key markets of China and Germany coupled with increased competitive pressures have considerably reduced orders and revenue in the industrial automation business," said the group in a statement.
US Treasury Secretary Scott Bessent on Tuesday said Washington could hold off reciprocal tariffs for countries that halt practices it deems unfair, adding that officials will produce a list of levies on April 2.
Workers at a Belgian brewer stack bottles and kegs sky high as they rush to fill containers for shipment to the United States before President Donald Trump's eye-watering tariffs on European Union alcohol exports kick in. Speeding up means filling around 20 containers in the space of a week to be shipped for Baltimore from the Belgian port of Antwerp.
Google said Tuesday it will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology infrastructure.
Economy
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