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Business news
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...
Retail investors defy headwinds to trade record $6.6 trillion in stocks in first half of 2025
July 07, 2025 06:46 PM AEST| By InvezzDespite a bruising first half marked by geopolitical tensions and tariff shocks, retail investors continued to pour money into US stocks at a historic pace, underscoring their growing clout in financial markets. Individual investors traded a staggeri...
Trump vs Musk: how a White House bromance exploded into a vicious feud
July 07, 2025 06:25 PM AEST| By InvezzA once-close alliance between President Donald Trump and tech billionaire Elon Musk has spectacularly imploded, with Trump lashing out at Musk for forming a new political party. The President called the move “ridiculous” and asserted that...
Elon Musk forms ‘America Party’: does the US have room for a third party?
July 07, 2025 05:32 PM AEST| By InvezzTesla CEO Elon Musk has launched a new political party in the United States, declaring the formation of the “America Party” on Saturday. The move follows Musk’s fallout with President Donald Trump over a sweeping tax and spending bill that Musk criti...
Coffee prices plummet as market shaken by increased supply, shifting demand
July 05, 2025 10:00 PM AEST| By InvezzCoffee prices have significantly decreased since reaching multi-year highs in the spring. The global coffee market experienced a significant downturn this week as the price of Arabica coffee plummeted to 280 US cents per pound. This marks the l...
Black Sabbath’s farewell show to deliver £20M economic boost to Birmingham
July 05, 2025 06:08 AM AEST| By InvezzBirmingham’s iconic heavy metal band Black Sabbath is taking center stage for one last time, and it is set to make a splash in the city. The group’s farewell performance, scheduled for Saturday, July 5, at Villa Park, is expected to inject up to £20...
Bitcoin community abuzz as 14-year-dormant wallets move $2 billion
July 05, 2025 05:45 AM AEST| By InvezzThe bitcoin world lit up on Friday after two wallets holding a combined 20,000 BTC — untouched since 2011 — suddenly came to life, sparking speculation, awe, and some market caution. Blockchain trackers Whale Alert and Lookonchain were the first to f...
Brazil Supreme Court halts tax feud, calls mediation between government and Congress
July 05, 2025 04:07 AM AEST| By InvezzAlexandre de Moraes, a Supreme Court justice in Brazil, stepped into the middle of a high-stakes impasse between President Luiz Inácio Lula da Silva and Congress on a politically charged tax increase. Moraes provisionally suspended the executive decr...
Zelenskiy, Trump discuss boosting Ukraine’s air defences amid renewed Russian strikes
July 05, 2025 02:30 AM AEST| By InvezzUkrainian President Volodymyr Zelenskiy said on Friday that he spoke with US President Donald Trump about strengthening Ukraine’s air defences, following a surge in Russian aerial attacks. The conversation focused on enhancing Kyiv’s capacity to “def...
Donald Trump to send warning letters as 70% tariff threat looms
July 04, 2025 11:39 PM AEST| By InvezzThe hopes of any extension of the July 9 tariff deadline by the Donald Trump-led US administration seems fading as the US President has revealed his plans to notify various nations with new tariffs on their imports to the United States. The developme...
Berlin seeks Patriot Missiles for Ukraine amid US supply strain: report
July 04, 2025 11:28 PM AEST| By InvezzGermany is exploring the option of purchasing Patriot missile systems from the United States and transferring them directly to Ukraine, as Western allies scramble to plug critical air defence gaps, as per a Reuters report. The discussions follow repo...
China spares major French cognac makers from tariffs in brandy dispute
July 04, 2025 09:59 PM AEST| By InvezzIn a decision that brings partial relief to the European spirits industry, China on Friday said it would exempt key French cognac producers such as Pernod Ricard, LVMH, and Remy Cointreau from steep anti-dumping duties—provided they commit to minimum...
Why the US job market may actually crumble soon
July 04, 2025 09:52 PM AEST| By InvezzThe US job market had some encouraging news lately. Payrolls are rising, unemployment is falling, wages are ticking up again. But something doesn’t add up. Look closer, and you’ll see warning signs: slowing private-sector hiring, falling work h...
Why Thailand’s economic recovery may not be straightforward
July 04, 2025 06:44 PM AEST| By InvezzThailand faces an uncertain future after its Constitutional Court suspended Prime Minister Paetongtarn Shinawatra on Tuesday, CNBC said in a report. The suspension followed a petition from 36 senators who accused her of dishonesty and breaching ethic...
SovEcon sees weaker early grain yields in southern Russia, but Stavropol offers hope
July 04, 2025 05:42 PM AEST| By InvezzHarvesting of early grains has commenced across the southern regions of Russia, as reported by SovEcon in its latest weekly agricultural assessment. This marks the beginning of the crucial harvest season, with initial yields and quality indicators be...
