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Business news
Moderna stock rallies on HHS lawsuit news: analyst says negative sentiment reversing
July 09, 2025 05:56 AM AEST| By InvezzShares of Moderna surged 9.5% on Tuesday to $32.75 in a notable reversal of recent bearish sentiment, buoyed by legal developments and renewed investor focus on the company’s potential vaccine pipeline. The uptick follows a turbulent period for the p...
Copper prices surges to all-time high after Trump’s 50% import tariff
July 09, 2025 04:34 AM AEST| By InvezzCopper prices in the US have shot up more than 10%, breaking past $12,330 per metric ton, an all-time high following President Donald Trump’s announcement of a steep 50% tariff on copper imports. The announcement came during a White House cabin...
Donald Trump’s new plan sets 50% tariffs on Copper, up to 200% on Pharma imports
July 09, 2025 03:49 AM AEST| By InvezzIn a fresh string of announcements on Tuesday, US President Donald Trump mentioned sectors that can become part of his new tariff plans. The Trump administration is planning to impose 50% tariffs on copper imports and up to 200% duties on the pharmac...
Rishi Sunak returns to Goldman Sachs as senior adviser after political exit
July 08, 2025 11:42 PM AEST| By InvezzFormer UK Prime Minister Rishi Sunak is rejoining Goldman Sachs, the global investment bank where he began his professional career more than two decades ago. The move marks a significant homecoming for Rishi Sunak, bringing him back to the financial...
Goldman Sachs falls after HSBC downgrade on limited upside, caution on large banks
July 08, 2025 10:46 PM AEST| By InvezzGoldman Sachs shares fell nearly 0.5% in pre-market trading on Tuesday after HSBC downgraded the investment bank’s stock from “Hold” to “Reduce,” citing concerns that its strong performance has already been fully priced in. The move came even as HSBC...
How Japan’s trillion-dollar bet on Donald Trump ended with 25% tariffs
July 08, 2025 09:57 PM AEST| By InvezzEarlier this year, Japanese Prime Minister Shigeru Ishiba traveled to Washington with a bold offer. He was aware about President Donald Trump’s frustration over the imbalance in US-Japan trade relations and offered to boost Japan’s cumula...
BP, Shell return to Libya for hydrocarbon exploration at three locations
July 08, 2025 08:06 PM AEST| By InvezzLibya’s National Oil Corp (NOC) announced on Monday that agreements have been reached with oil majors BP and Shell. These agreements involve conducting studies for hydrocarbon exploration and development across three Libyan oilfields. Since Mua...
How nations from Japan to South Africa are scrambling to deal with Trump’s new tariffs
July 08, 2025 08:01 PM AEST| By InvezzA wave of shock and regret has rippled across the globe as key US allies and trading partners digest President Donald Trump’s latest tariff letters, which threaten steep new duties on their exports. Despite the unwelcome news, most nations have...
How Ukraine’s defence tech industry is rewriting the rules of modern warfare
July 08, 2025 05:05 PM AEST| By InvezzAfter three and a half years of total war, Ukraine’s defence tech industry has become the world’s most active battlefield laboratory. It’s producing and deploying defence technologies faster, cheaper, and more creatively than any military...
Shein files for Hong Kong IPO in bid to revive stalled London listing: report
July 08, 2025 04:47 PM AEST| By InvezzShein has confidentially submitted plans for an initial public offering in Hong Kong as the fast-fashion giant looks to speed up its prolonged listing efforts and push UK regulators to approve a potential London debut, the Financial Times has reporte...
China warns US over new tariffs and trade deals
July 08, 2025 03:41 PM AEST| By InvezzOn Tuesday, China cautioned the Trump administration against re-escalating trade tensions by re-imposing tariffs on Chinese goods next month. Beijing also threatened retaliation against countries that forge deals with the United States aimed at...
Donald Trump extends tariffs to 5 more countries; Dow tumbles 500 points
July 08, 2025 05:27 AM AEST| By InvezzPresident Donald Trump has stepped up his trade push, announcing that starting August 1, the US will raise tariffs across the board on goods from at least seven countries. In a series of posts on his platform, Truth Social, Trump shared images of sig...
Jack Dorsey unveils Bluetooth-based alternative to WhatsApp
July 08, 2025 04:48 AM AEST| By InvezzJack Dorsey, the CEO of Block and co-founder of Twitter, has quietly rolled out a new messaging app called Bitchat and it’s unlike anything out there right now. Built to run entirely over Bluetooth mesh networks, Bitchat doesn’t rely on the internet,...
Donald Trump slaps 25% tariff on Japan, South Korea; Wall Street reacts
July 08, 2025 03:28 AM AEST| By InvezzUS President Donald Trump has announced a sweeping 25% tariff on all imports from Japan and South Korea, set to take effect on August 1, 2025. The move marks a sharp escalation in trade tensions with two of America’s closest allies. Trump revealed th...
BYD to begin EV assembly in Brazil as tariffs rise and labor scrutiny mounts
July 08, 2025 12:46 AM AEST| By InvezzChinese EV giant BYD Co. Ltd. is expected to begin local EV assembly this month with a new plant in Brazil, following a strategic shift due to increasing import duties. In Bahia state and on the site of a decommissioned Ford factory, the new facility...
US set for major moves in next 48 hours as Donald Trump hints at bigger deals
July 08, 2025 12:27 AM AEST| By InvezzWith a key self-imposed trade deadline just around the corner, Treasury Secretary Scott Bessent says the US is gearing up to roll out several major trade updates in the next 48 hours. Global markets and trading partners are watching closely, as the T...
Wells Fargo drops as Raymond James downgrades stock citing limited upside
July 07, 2025 11:40 PM AEST| By InvezzWells Fargo shares took a hit on Monday morning during pre-market trading after Raymond James downgraded the stock from “Outperform” to “Market Perform,” citing limited upside following a sharp rally in recent weeks. Wells Fargo shares dipped 0.9% in...
Rocket Lab surges on Musk-Trump feud: all you should know about investing in RKLB
July 07, 2025 10:57 PM AEST| By InvezzThe feud between Elon Musk and President Donald Trump has entered a new phase—and investors are already weighing the ripple effects across industries. Tesla shares fell sharply Monday after Musk announced the launch of a new political party, while sp...
Donald Trump threatens 10% additional tariffs for pro-BRICS nations; China pushes back
July 07, 2025 10:24 PM AEST| By InvezzUS President Donald Trump’s tariff threats see no end and BRICS grouping is his latest target. Ahead of his July 9 tariff deadline, as investors remain on the edge closely tracking his every move, President Trump issued fresh warnings on Sunday...
Dogecoin jumps 8% as Musk launches pro-crypto political party, calls fiat ‘hopeless’
July 07, 2025 06:48 PM AEST| By InvezzThe digital assets industry displayed bullishness on Monday as the global crypto market cap surged 1.80% in the past day to $3.37 trillion. While altcoins targeted breakouts, Dogecoin has taken the lead, fueled by political developments. The original...
