Economy

Trump to announce trade deal with UK on Thursday: US media
Trump to announce trade deal with UK on Thursday: US media
by  AFP

Donald Trump will announce a trade deal with the United Kingdom on Thursday, US media reported, after the president touted a "major" upcoming agreement on social media. Trump wrote earlier on Wednesday the "major trade deal" would be announced with a "big, and highly respected country."

Stocks rise further on growing trade deal hopes
Stocks rise further on growing trade deal hopes
by  AFP

Asian stocks extended their rally Thursday on hopes for an easing of trade war tensions as China and the United States prepare for weekend talks and after Donald Trump flagged a "major trade deal" later in the day. Meanwhile, Trump posted on his Truth Social platform that he would announce "a major trade deal with representatives of a big, and highly respected, country" later Thursday.

Trump tariff plan brings Hollywood's struggles into focus
Trump tariff plan brings Hollywood's struggles into focus
by  AFP

Donald Trump's proposal to put 100 percent tariffs on foreign movies left many filmmakers scratching their heads. Newsom reacted to Trump's tariff suggestion with a counter-proposal for a $7.5 billion federal tax credit that would apply nationwide.

Google shares plunge after Apple executive's court testimony
Google shares plunge after Apple executive's court testimony
by  AFP

Shares in Google parent Alphabet plunged more than eight percent on Wednesday after Apple executive Eddy Cue testified in federal court that Google's search traffic on Apple devices declined last month for the first time in over two decades.

Perrier ordered to remove water filters
Perrier ordered to remove water filters
by  AFP

Regional French authorities ordered Nestle on Wednesday to remove a system that filters Perrier and to renew its authorisation to call it natural mineral water, marking the latest turn in a saga that has ensnared the government. But having to remove the filtering system within two months and obtain reauthorisation to call Perrier natural mineral water was another blow for its owner Nestle Waters.