Business

US stocks faced significant declines following President Donald Trump's imposition of tariffs on Mexico and Canada, sparking fears of an escalating trade war.

Nvidia CEO Jensen Huang is scheduled to meet with President Donald Trump at the White House amid rising concerns about the Chinese AI startup DeepSeek.

CNN has announced layoffs affecting roughly 6% of its workforce, around 200 positions, as part of a shift towards a digital operation amid declining viewership.

Nvidia overtook Apple as the world's most valuable public company, with market capitalization reaching $3.45 trillion after a 2.4% rise in stock price.

Wall Street indexes saw gains driven by optimism surrounding Donald Trump's trade policy, which hinted at tariffs on Canadian and Mexican imports next month.

BP has announced a major cost-cutting initiative resulting in the elimination of 4,700 jobs and 3,000 contractor positions, impacting over 5% of its workforce.