• Jan 22, 2025

Samsung Set to Enter AR Glasses Market in Race With Meta, Apple

(Bloomberg) -- Samsung Electronics Co. expects to enter the augmented reality glasses market in partnership with Alphabet Inc.’s Google, according to the company’s top mobile executive, jumping into a product category that is suddenly heating up. Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plead on GoF

  • Jan 22, 2025

STOXX 600 closes at near four-month high as markets brush aside tariff concerns

European stocks closed higher on Wednesday, driven by heavyweight technology and industrial sectors, with markets seeming unfazed by tariff anxieties stirred by recent declarations from U.S. President Donald Trump. Heavyweight technology stocks <.SX8P> led the charge, rising 1.3%, with technology stocks on Wall Street gaining on upbeat earnings. Despite Trump's promises to levy new tariffs on the European Union and his threats to impose a 10% tariff on Chinese goods by February 1, the markets remained resilient.

  • Jan 22, 2025

BlackRock’s Fink Calls Elevated Inflation World’s ‘Biggest Risk’

(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsLA Schools Wrecked