World

Best Buy (BBY) Q4 2025 earnings

Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump’s tariffs on China and Mexico go into effect. On Best Buy’s earnings call, Barry said China and Mexico are the company’s top two supply-chain sources, with about 55% and 20% of its …

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The U.S. is halting military aid to Ukraine, so what happens next?

U.S. President Donald Trump meets Ukrainian President Volodymyr Zelenskyy at the White House on Feb. 28, 2025. Brian Snyder | Reuters U.S. military aid for Ukraine has been halted following the spectacular falling-out between President Donald Trump and Ukraine’s leader Volodymyr Zelenskyy, leaving the country in an extremely precarious situation, defense strategists say. An anonymous White House official and U.S. …

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Why Leverkusen can top Bayern Munich and win the Champions League: ‘We’re one of the best teams in the world’

By rights these coming fixtures should represent the end of the Champions League road for Bayer Leverkusen. The hometown side of one of the world’s largest pharmaceutical firms are hardly Bundesliga paupers, but among the European elite they are now rubbing shoulders with, they are in the group of comparative paupers. You have to go back over 20 years for …

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Stocks tank globally as tit-for-tat tariffs begin

U.S. President Donald Trump gestures as he walks to board Air Force One to depart Washington from Joint Base Andrews in Maryland, Feb. 28, 2025.  Kevin Lamarque | Reuters “Tariffs” may be the most beautiful word in the dictionary for U.S. President Donald Trump, but it is one that stokes fear in investors. Risk-on assets such as stocks and cryptocurrency …

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Saudi oil giant Aramco posts drop in full-year profit, slashes dividend

Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019.  Hamad I Mohammed | Reuters Saudi state oil producer Aramco reported on Tuesday a decline in net profit to $106.2 billion in 2024, down from $121.3 billion in 2023. The company said its base dividend …

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China kicks off annual parliamentary meeting as investors watch for clues on economic policy

Paramilitary police march on Tiananmen Square outside the Great Hall of the People before the closing ceremony of the Chinese People’s Political Consultative Conference (CPPCC) in Beijing on March 12, 2009. China’s annual parliamentary sessions, the National People’s Congress (NPC) and its advisory auxiliary, the CPPCC come to a close with the economy and unemployment at the top the agenda.   …

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