BUSINESS

Trump Says Russia Has 'The Cards' In Ukraine Talks

As tensions soar between Kyiv and Washington, US President Donald Trump called Ukrainian leader Volodymyr Zelensky a "dictator without elections"
US President Donald Trump said Wednesday that the Russians "have the cards" in any negotiation to end the war in Ukraine, after branding Ukrainian President Volodymyr Zelensky a "dictator" who refuses to hold elections.
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US President Donald Trump at his Mar-a-Lago resort in Palm Beach, Florida, on February 18, 2025

Germany's Merz Vows Tough Migrant Policy To Stall AfD's Rise

Germany's conservative election frontrunner Friedrich Merz on Wednesday called on voters to give him a strong mandate to restrict immigration and rebuild the economy to ward off the rise of the far-right AfD. In a final head-to-head TV debate with centre-left Chancellor Olaf Scholz before Sunday's general election, Merz warned that it's the last chance to halt the surge of the Alternative for Germany party.
Senators also pushed Lori Chavez-DeRemer to defend President Donald Trump's flurry of executive actions, which critics have denounced as unlawful

Trump's Labor Nominee Walks Back Pro-union Stances

Donald Trump's labor secretary nominee on Wednesday distanced herself from previous pro-union stances that sparked Republican criticism, as she called herself a champion of the US president's "America First agenda."
US Defence Secretary Pete Hegseth, who reportedly wrote a memo ordering the US military to prepare for sweeping budget cuts

Trump Administration Tells Pentagon To Slash Budget

The Trump administration has ordered senior US military leaders to plan for expansive cuts that could slash the defense budget by eight percent annually, or some $290 billion within the next five years, US media reported Wednesday.
Ukraine's President Volodymyr Zelensky (L) and US President Donald Trump are in the middle of a heated personal rift

Trump Brands Zelensky 'A Dictator'

US President Donald Trump called Ukrainian leader Volodymyr Zelensky a "dictator" Wednesday, widening a personal rift with major implications for efforts to end the conflict triggered by Russia's invasion three years ago.
Walmart

Walmart Faces Risks From Trump Tariffs

As Walmart prepares to announce its annual sales, investors worry that President Donald Trump's tariffs on foreign-made merchandise could threaten its low-cost model.
Philips losses were deeper than expected in 2024

Philips Losses Worse Than Expected In 2024

Philips on Wednesday posted worse-than-expected losses in 2024, as the Dutch medical device maker bids to turn the page on a damaging recall of faulty sleep machines.
Donald Trump warned he will impose 25 percent tariffs on imported cars

Asian Markets Swing As Traders Assess Latest Tariffs Volley

Asian markets were mixed Wednesday after President Donald Trump broadened his tariff threats, while traders were also assessing the geopolitical outlook after the first high-level official US-Russia talks since the invasion of Ukraine.
Jose Mourinho's Fenerbahce are well placed to reach the last 16 of the Europa League

Mourinho Eyes Europa League Run With Fenerbahce

Jose Mourinho's Fenerbahce are poised to progress to the last 16 of the Europa League when they visit Anderlecht on Thursday as the Portuguese coach targets a sixth European trophy of his storied managerial career.
US President Donald Trump announces reciprocal tariffs from the White House Oval Office on February 13, 2025 as Howard Lutnick looks on

US Lawmakers Confirm Howard Lutnick As Commerce Secretary

The US Senate voted Tuesday to confirm Wall Street billionaire Howard Lutnick as commerce secretary, a key step towards the rollout of President Donald Trump's "America First" trade policy, which uses tariffs as a broad negotiation tool.
Business

When Is Business Efficiency Optimal?

For most business owners, the correct approach is to practice ongoing efficiency optimization, running ongoing experiments and making constant tweaks to gradually inch closer to that perfection ideal.

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