Business-amtomessage

European economy sees growth of only 0.1% as scramble to get ahead of US tariffs goes into reverse

webadmin 2025-07-30

FRANKFURT, Germany (AP) — Europe’s economy barely grew in the April-June quarter as frantic earlier efforts to ship goods ahead of new U.S. tariffs went into reverse and output fell for the contin...

Japanese technology giant Panasonic announces a new chief as its profits barely hold up

webadmin 2025-07-30

TOKYO (AP) — Japanese electronics and technology company Panasonic has chosen a new chief executive after eking out a 1.2% rise in its first quarter profit. Kenneth William Sain, a former Boeing ...

Boeing’s 2Q loss narrows and revenue rises, topping Wall Street’s expectations

webadmin 2025-07-30

Boeing’s second-quarter loss narrowed and revenue improved as the aircraft manufacturer delivered more commercial planes in the period. Boeing Co. lost $611 million, or 92 cents per share, for th...

First Australian-made rocket crashes after 14 seconds of flight in a failed attempt to reach orbit

webadmin 2025-07-30

WELLINGTON, New Zealand (AP) — The first Australian -made rocket to attempt to reach orbit from the country’s soil crashed after 14 seconds of flight on Wednesday. The rocket Eris, launched by Gil...

Government shutdown talk starts early ahead of Congress fall funding fight

webadmin 2025-07-30

WASHINGTON (AP) — It’s become tradition. Congressional leaders from both major political parties blame each other for a potential government shutdown as the budget year draws to a close. But this ...

IMF upgrades outlook for global economy, citing less-than-expected damage from Trump’s trade wars

webadmin 2025-07-30

WASHINGTON (AP) — The International Monetary Fund is upgrading the economic outlook for the United States and the world this year and next because President Donald Trump’s protectionist trade poli...