Tesla Shares Sink Below $1 Trillion As European Auto Sales Slump.
Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January
GLOBAL ECONOMIES
Trump floats $5 million ‘gold card’ as a path to US citizenship.
President Donald Trump said on Tuesday the US would sell a “gold card” to wealthy foreigners, giving them the right to live and work in the US and offering a path to citizenship in exchange for a $5 million fee.
DBS CEO sees job cuts of 4000 temp staff as AI replaces roles.
Permanent staff are not expected to be affected by the cuts
President Trump Says Tariffs on Canada and Mexico “Going Forward” as Planned.
President Donald Trump said Monday that his tariffs on Canada and Mexico are starting next month, ending a monthlong suspension on the planned import taxes that could potentially hurt economic growth and worsen inflation
Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’.
It said hackers stole from its Ethereum coin digital wallet. Ethereum is the second largest cryptocurrency by value after Bitcoin.
Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
“It’ll go substantially higher over a course of a year,” he said. But he added that he wanted to give time for potentially affected companies to bring their factories to America to avoid tariffs.
USDA Admits Mistakenly Firing Bird Flu Officials, working to Rehire Them
The U.S. Department of Agriculture said Tuesday that, over the weekend, it accidentally fired “several” agency employees who are working on the federal government’s response to the H5N1 avian flu outbreak.
Oil prices steady at $74.76 as Trump tariffs loom, Russia-Ukraine peace talks emerge.
Brent crude futures edged lower 8 cents, or 0.11%, to $74.66 a barrel at 1202 GMT, and U.S. West Texas Intermediate crude fell 5 cents, or 0.07% at $70.69 a barrel.
President Mahama Rules Out Immediate Extension of Ghana’s IMF Programme.
Speaking in an interview with Bloomberg TV at the Munich Security Conference, President Mahama emphasized his government’s commitment to implementing the current programme without seeking an extension at this stage.
US grants conditional clearance to Zoetis’ bird flu vaccine for poultry.
Zoetis, the manufacturer behind the vaccine, announced the conditional approval Friday