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The seemingly unstoppable juggernaut of fast fashion has hit a wall. Inditex, the Spanish retail titan and owner of Zara, reported weaker-than-expected sales in...
Novo Nordisk, the Danish pharmaceutical giant behind the obesity drug Wegovy, said on Wednesday it will cut about 9,000 jobs globally in a major...
The United States has been the ultimate safe haven for global investors for decades now. Treasuries were unquestioned collateral, the dollar was the world’s...
Russia’s wheat harvest has plummeted to half of last year’s output, according to SovEcon, raising concerns about global grain supplies. Russia’s wheat harvest has...
The EasyJet share price faced turbulence on Thursday after the company published weaker-than-expected earnings. It plunged to a low of 480p, its lowest level...
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under...
Big US banks kicked off second-quarter earnings on a high note Tuesday, signalling a rebound in investment banking activity after months of subdued dealmaking....
China’s economy is officially expanding. GDP rose 5.2% in the second quarter of 2025, slightly above expectations. Retail sales jumped 6.4% in May. Exports...
Against the backdrop of rising global geopolitical tensions and growing economic uncertainty, the European Central Bank (ECB) is intensifying its vigilance against possible risks...
UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In a note to clients...
BHP, a major mining company, has stated that establishing a “green iron” industry in Australia is cost-prohibitive, Reuters said in a report. BHP’s declaration...
Tilray Brands stock price has triggered a short squeeze this month as it surged to a high of $0.6570, its highest point since April...
The USD/IDR exchange rate wavered on Wednesday morning as investors reacted to the new trade deal between the United States and Indonesia, and as...