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Trump Lifts Tariffs on Brazilian Food Products as US Battles Inflation

Anietie David -
The Trump administration has removed a 40% tariff on select Brazilian agricultural products, including coffee, beef and fruits, marking a significant policy shift as the White House attempts to address rising domestic food costs.

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US Stock Futures Fall as Oracle’s Disappointing Results Hit Tech Sector Globally

Anietie David -
US stock market futures declined sharply Thursday morning after database giant Oracle reported weaker-than-expected quarterly revenue, sending technology stocks lower across global markets and abruptly ending a rally sparked by the Federal Reserve's interest rate cut.
Business

Michael Saylor’s Strategy Faces Crisis as Bitcoin Premium Collapses to Five-Year Low

Anietie David -
Michael Saylor, one of bitcoin's most vocal advocates, has suggested his company Strategy might sell some of its 650,000 bitcoin holdings, marking a dramatic reversal for the executive who built a business model entirely around accumulating the cryptocurrency.
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BlackRock, Brookfield and Apollo Target Oil Company Infrastructure as Sector Faces Market Pressures

Anietie David -
Major infrastructure investors, including BlackRock, Brookfield and Apollo, are aggressively pursuing oil and gas companies to acquire their pipeline networks and storage facilities, capitalising on the sector's struggle with low equity valuations and declining investor interest.
Business

S&P Downgrades Tether’s Reserves to “Weak” Amid Rising High-Risk Asset Exposure

Anietie David -
S&P Global Ratings has downgraded its assessment of Tether's reserve assets to its lowest rating, raising fresh questions about the world's largest stablecoin operator's ability to maintain its dollar peg amid increasing exposure to volatile investments.
Markets

Trump Lifts Tariffs on Brazilian Food Products as US Battles Inflation

Anietie David -
The Trump administration has removed a 40% tariff on select Brazilian agricultural products, including coffee, beef and fruits, marking a significant policy shift as the White House attempts to address rising domestic food costs.

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