Pressure
Canada Surprisingly Scraps Digital Services Tax Targeting US Tech Firms After Caving in to Trump’s Pressure and Resumes Trade Talks
Canada has surprisingly and unexpectedly scrapped its plan to enforce a new digital services tax targeting American tech companies like Google and Amazon—just days after President Trump slammed the...
Apple plays it safe on AI despite Wall Street pressure
[CUPERTINO, United States] Apple on Monday remained on its cautious path to embracing generative AI even as rivals race ahead with the technology and Wall Street expresses doubts over...
US economic activity declines as tariffs pressure prices, Fed says
The report notes that firms with plans to pass along tariff-related costs to consumers expect to do so within three monthsPublished Thu, Jun 5, 2025 · 06:14 AM[NEW YORK]...
Asian Markets React to U.S. Tariff Shifts, Japan Debt Concerns and Strong Yen Pressure Stocks
Markets in Asia finished the week cautiously as investors awaited critical United States inflation figures and a continuing air of uncertainty over American trade tariffs. Korea's KOSPI last week recorded...
JPMorgan is long-term in China despite pressure, Dimon says
[SHANGHAI] JPMorgan Chase chief executive officer Jamie Dimon said his firm is committed to long-term investments in China, despite tension between the governments of the world’s two biggest economies....
Oil posts weekly gain but remains under supply hike pressure
[HOUSTON] Oil settled higher on Friday (May 16), notching a second straight week of gains on easing US-China trade tensions, although prices were held back by expectations of higher...
Apple eases App Store rules under court pressure
[CUPERTINO] Apple on Friday (May 2) relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit.Apple’s update to...
Pete Hegseth Comes Under Immense Pressure with Four High-Profile Firings in Weeks as Pentagon Turmoil Deepens Amid Signal Chat Fiasco
The chaos inside Pentagon continues, with Defense Secretary Pete Hegseth grappling with mounting instability within his leadership team, following the sudden exit of his chief of staff — the...
