According to Reuters, an official confirmed that the final $200 million from the initial oil sale has been sent to Venezuela. This deal happened after US military forces captured Venezuelan President Nicolás Maduro on January 3.
In recent years, diversity, equity, and inclusion (DEI) initiatives have become integral to corporate America, aiming to foster inclusive workplaces and address systemic inequalities. However, a discernible shift suggests that some US companies are re-evaluating or scaling back these commitments, raising concerns about “DEI fatigue.”
On Tuesday, President Donald Trump said that the United States and South Korea will work out a solution after his announcement that he would increase tariffs on imports from the asian ally to 25%
The European Parliament announced a suspension of the approval for the United States’ major trade deal agreed in July, in protest against Donald Trump’s threat to take over Greenland. The announcement was made in Strasbourg, France, on Wednesday, as US President Donald Trump addressed the World Economic Forum in Davos.
The Trump administration’s auto policy officials highlighted efforts to cut car prices and ease EV regulations, emphasising affordability for consumers. At the Detroit Auto Show, Transportation Secretary Sean Duffy, EPA head Lee Zeldin, and Trade Representative Jamieson Greer promoted recent regulatory changes to lower costs.
Walmart and Google said customers will now be able to use the Google AI assistant Gemini to more easily discover and buy products at Walmart stores and at its warehouse club, Sam’s Club.
Samsung Electronics has projected a substantial increase in its fourth-quarter operating profit, estimating a 208 per cent rise compared with the same period a year earlier, significantly beating analysts’ expectations and underscoring the company’s strengthening position in the global semiconductor market. Samsung said the operating profit for October–December 2025 is likely to reach about 20 trillion won (approximately $13.8 billion), driven by booming demand for memory chips used in artificial intelligence applications and tight supply conditions that have pushed chip prices sharply higher.
White House and State Department officials have told the largest US Oil executives in recent weeks that they need to invest heavily in Venezuela and its oil industry to reverse some of the damage inflicted on it over the last two decades. The department said that the oil majors must proceed with it if they want to recover the losses they suffered two decades ago. This comes after the US extracted the president of Venezuela, Nicolas Maduro, along with his wife.
The United States government has granted Taiwan Semiconductor Manufacturing Company (TSMC) an annual licence to export U.S.-made chipmaking equipment to its fabrication facility in Nanjing, China, ensuring that the plant’s operations and deliveries remain uninterrupted. This approval, covering the calendar year 2026, replaces a previous system under which TSMC and other foreign companies operated under a more general exemptions regime that expired on December 31, 2025.
In December 2025, the U.S. Federal Reserve implemented its third consecutive interest rate cut of the year, lowering rates by a quarter percentage point to a range of 3.50%-3.75%, the lowest in roughly three years. The central bank signaled caution about further reductions, with Fed Chair Jerome Powell indicating a wait-and-see approach as the economy evolves. The Fed’s statement echoed language from late 2024, highlighting a possible pause in rate cuts. Powell emphasized that officials remain ready to adjust based on incoming data, outlook changes, and risk assessments.
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