Japanese auto giant Toyota on Thursday cut its annual net profit forecast to 2.66 trillion yen ($18.06 billion) owing to the impact of US tariffs. “Due to the impact of US tariffs and other factors, actual results showed decreased operating income, and the forecast has been revised downward,” the company said in a statement. Its…
For decades, the International Monetary Fund (IMF) has been a central player in shaping Africa’s economic landscape. With its reach extending across nearly every corner of the continent, from Ghana to Zambia, Tunisia to Mozambique, the IMF has extended billions of dollars in loans, offered technical assistance, and demanded structural reforms. But while the Fund…
BATON ROUGE – A Louisiana hairstylist started cutting off the hair of an 11-year-old girl after the mother refused to pay a $25 fee for being 10 minutes late. Once the hairstylist finished the haircut, she began cutting off the braids. When the mother tried to stop her, she was cut on the hand and…
The comedian and her daughter have had a strained relationship and reportedly don’t see eye to eye on various issues. Rosie O’Donnell left the country to start a new life in Ireland to protest Donald Trump‘s win in the 2024 presidential election. Article continues below advertisement Rosie O’Donnell Strips Daughter Of Her Inheritance Mark Von…
Man digs stepfather’s grave and cuts off head in Adamawa A 55-year-old hunter identified as Yusuf Garba, also known as Gana, has been arrested by men of the Adamawa State Police Command for allegedly digging a grave and cutting off the head of his stepfather. Confirming the arrest to newsmen, the Police Public Relations Officer,…
Scott Bessent’s hearing is one of several screenings by US Senators this week of Donald Trump’s cabinet nominations. One of the highest profile hearings was Pete Hegseth, Trump’s pick for the Pentagon, who was in the hot seat for a tense Senate committee hearing on Tuesday. Sexual assault and alcohol abuse allegations against the former…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global stocks and emerging market currencies sank on Thursday after the US Federal Reserve indicated it would cut interest rates more slowly next year to guard against any renewed threat of inflation. The quarter-point reduction…
The Federal Reserve could begin cutting rates as early as September, and income investors would do well to snap up dividend-paying stocks that offer solid yields. Fed funds futures pricing suggests a 100% likelihood that the central bank will ease on interest rates at next month’s meeting, according to CME FedWatch . Economists at Bank…
We really hope Tom Cruise had a blast in London this weekend. Because the actor’s daughter appears to have responded to her father snubbing her high school graduation in favor of a Taylor Swift concert by officially shaking him off. Indeed, Suri Cruise is doing all she can to distance herself from Tom Cruise. Tom…
Wedbush Securities tech analyst Dan Ives returned from a trip to Asia this month with good news—the brutal war for control over China’s EV looked like it was subsiding as prices bottomed out. “There is a sense from industry checks within the country and region that many of these price cuts are starting to subside…
