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H&M shares dropped after missing Q4 sales estimates, though profit improved. CEO Daniel Ervér remains optimistic, citing early signs of recovery in the new fiscal year.
The euro zone economy stalled in Q4, posting zero growth, missing forecasts. The ECB responded with a rate cut as inflation concerns persist despite weak GDP data.
Russia’s grain exports reached a record 72 million tonnes in 2024, driven by strategic growth in agricultural output and trade, cementing its global leadership.
The EU has pledged €60 million to provide emergency relief in the DRC, focusing on displaced populations and those affected by conflict and epidemics in the eastern regions.
UN Chief Antonio Guterres expressed concern over the US foreign aid freeze, urging exemptions to sustain vital humanitarian and development support for vulnerable communities worldwide.
Sheikh Abdullah and Dr. Jaishankar discussed UAE-India ties in Abu Dhabi, focusing on economic, cultural, and regional cooperation to strengthen their enduring strategic partnership.
Indian PM Modi congratulates Donald Trump on his second term, reaffirming India-US ties for mutual welfare, global peace, and security in a strategic dialogue.
Despite calls from President Trump for immediate rate cuts, the Federal Reserve is poised to maintain current interest rates, leaving consumers struggling with persistent high borrowing costs.
Nvidia fell 14% premarket as China’s DeepSeek launched a cost-efficient AI model, shaking global markets and raising concerns over U.S. dominance in AI infrastructure.
Bitcoin plunged 5 percent, losing $5,000 per token, as $130M liquidated in long positions. Traders now focus on Fed decisions, GDP data, and inflation indicators.