Gold soars as Trump's tariff threats • Mass layoffs in North Carolina • UK inflation jumps to higher-than-expected, and more - Wednesday 19/February/2025 Business Headlines

Wednesday 19/February/2025 Business Headlines

• Gold soars as Trump's tariff threats have helped bullion to string of record highs
• Mass layoffs in North Carolina after Musk and Trump froze foreign aid
• UK inflation jumps to higher-than-expected 3 percent in January
• US Companies lost $300 billion by leaving Russia, according to RDIF
• U.S. homebuilders raise alarm over tariffs as sentiment falls to 5- month low
• Bill Gates says younger generations should worry about climate crisis, unchecked AI, nuclear war, and the spread of disease
• Tesla’s full self-driving technology faces delays by Chinese regulators in a battle over tariffs
• Cocoa stockpiles plunge to record low as Chocolate makers grab available reserves to counter acute global shortage
• Three North Korean companies set to export medicinal products to Russia
• Pennsylvania man lost his life savings after getting scammed — twice — losing $70,000 in wire transfers
• Elon Musk's controversial role in the Trump administration is undermining the Tesla brand at a pivotal time for the EV industry
• Nigeria's CBN orders immediate resignation of bank directors with non-performing insider loans
• US Judge says Musk's power appears to be 'unchecked,' but declines to issue restraining order in AGs lawsuit

Source: News Agencies