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Investing
BASF results down on impairments, restructuring

BASF results down on impairments, restructuring

Investing.com — Shares of BASF (BU:BASF) traded lower on Monday as the company’s preliminary 2024 figures posted a sharp decline in earnings due to impairments and restructuring costs.  According to the company’s statement, EBIT for

Politics
UN under fire as USAID investigators probe Hamas diversion of aid to Gaza

UN under fire as USAID investigators probe Hamas diversion of aid to Gaza

As the ceasefire between Israel and Hamas continues to play out, the USAID Office of the Inspector General (USAID OIG) pursues its investigation into allegations of U.S. taxpayer dollars being diverted to foreign terrorist organizations.

Investing
Nasdaq futures tumble as China’s AI push rattles Big Tech

Nasdaq futures tumble as China’s AI push rattles Big Tech

(Reuters) – Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia (NASDAQ:NVDA) the

Politics
Schumer pushes shutdown into record books after rejecting GOP bill a 14th time

Schumer pushes shutdown into record books after rejecting GOP bill a 14th time

Senate Democrats blocked Republicans’ attempt to reopen the government for a 14th time, all but ensuring that the government shutdown becomes the longest in U.S. history. The move to again reject the House-passed continuing resolution

Investing
European chipmakers slump as traders gauge DeepSeek AI model

European chipmakers slump as traders gauge DeepSeek AI model

Investing.com – Shares in European chipmaking and data center-exposed stocks tumbled on Monday as investors fretted over the implications of the release of a new artificial intelligence model from Chinese firm DeepSeek. The start-up has launched

Politics
Trump says SNAP benefits will only resume when ‘Radical Left Democrats’ open government

Trump says SNAP benefits will only resume when ‘Radical Left Democrats’ open government

The nation’s largest food aid program will only resume in full when ‘Radical Left Democrats’ open the government, President Donald Trump wrote Tuesday on social media. Trump posted about the Supplemental Nutrition Assistance Program (SNAP)

Investing
China Vanke’s CEO, chairman resign amid growing liquidity worries

China Vanke’s CEO, chairman resign amid growing liquidity worries

(Reuters) – Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company’s liquidity as it faces several debt maturity deadlines this year.

Politics
Trump renominates Musk ally Jared Isaacman to lead NASA after earlier reversal

Trump renominates Musk ally Jared Isaacman to lead NASA after earlier reversal

President Donald Trump has nominated Elon Musk ally Jared Isaacman to serve as NASA administrator again, after yanking his nomination for the role earlier in 2025.  Trump originally tapped Isaacman, a commercial astronaut and founder

Investing
Fuji Media, rocked by sexual misconduct allegations, says executives to resign

Fuji Media, rocked by sexual misconduct allegations, says executives to resign

By Rocky Swift TOKYO (Reuters) -Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV

Investing
Italy’s MPS shares fall ahead of Mediobanca board meeting on bid

Italy’s MPS shares fall ahead of Mediobanca board meeting on bid

By Giulia Segreti and Valentina Za ROME/MILAN (Reuters) – Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday’s losses, signalling lingering investor doubts over the bailed out Tuscan bank’s bid for bigger