After US Tariffs Hike, Canada, Mexico, China Retaliate

February 3, 2025

Catenaa, Monday, February 03, 2025 – Canada, Mexico and China have announced retaliatory measures after President Donald Trump signed executive orders imposing steep tariffs on imported goods.  The White House confirmed Saturday that the US would implement a 25% tariff on goods from Canada and Mexico and a 10% tariff on items from China. In […]

Bitdeer Acquires Canadian Power Project in $21.7M Deal

February 12, 2025

Catenaa, Tuesday, February 11, 2025 – Bitcoin mining firm Bitdeer has acquired a 101-megawatt power project in Alberta, Canada, for $21.7 million, marking a significant expansion in its mining operations.  The Nasdaq-listed company said Tuesday that the newly acquired site, located near Fox Creek, Alberta, spans 19 acres and includes existing permits and licenses. Bitdeer […]

China & Canada Retaliate With Tariffs, Escalating Trade War

March 5, 2025

Catenaa, Wednesday, March 05, 2025-Tensions between the world’s largest economies escalated as China and Canada retaliated against the latest round of US tariffs, raising fears of a full-scale trade war. The crypto market, already under pressure, saw a significant 12% drop in market value on Tuesday, as investors reassessed their exposure to risk amid mounting […]

HSBC beats profit expectations, aims to reduce cost by $300m

February 19, 2025

Catenaa, Wednesday, February 19, 2025 – HSBC released its annual performance on Wednesday. In 2024, the bank recorded a Profit After Tax(PAT) of $25 billion, exceeding market expectations as the bank battled losses from foreign currency and restructurings. The profit before tax was recorded at $ 32.3 billion, rising by $ 2 billion from 2023, which includes […]

Trump Doubles Tariff On Canada To 50%, Trade War Intensifies

March 12, 2025

Catenaa, Tuesday, March 11, 2025- US President Donald Trump said on Tuesday that he will double his planned tariff on all steel and aluminum to 50% from Canada as the trade war between two countries intensifies. Trump said on social media that the increase of the tariffs set to take effect on Wednesday is a response to […]

Trump Tax Cuts & Tariffs Target Inflation, Jobs

March 5, 2025

Catenaa, Wednesday, March 05, 2025– US President Donald Trump called for new tax cuts, tariffs and curb inflation in his inaugural address to the Congress on Tuesday, as he looked to bring in trillions of dollars to the economy. Trump asked the congress to cut income taxes on Social Security benefits, tips, and overtime pay, and also […]