Consumer confidence in the United States has slumped to its weakest level in over ten years, undercut by escalating trade tensions and growing fears of inflation and job losses. The…
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European markets closed out a turbulent week with modest losses on Friday, as the intensifying tariff standoff between the United States and China continued to rattle global investor sentiment. The…
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European stock markets opened with modest gains in early trade on Friday, as a turbulent week for shares neared its end. While positive momentum was present, underlying concerns about an…
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Indian equity markets are expected to open on a strong note on Friday, with GIFT Nifty futures trading 467 points higher at 22,954, pointing towards a significant gap-up opening for…
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Asian-Pacific markets tumbled on Friday, with Japan taking the brunt of the selling pressure, as Wall Street experienced renewed losses overnight. The renewed risk-off sentiment stems from escalating trade war…
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Dow slips 1,700 points, while S&P sheds Wednesday’s gains; big tech, bank stocks see steep declines
Stocks declined on Thursday, reversing half of the previous session’s historic gains, as investors responded to US President Donald Trump’s 90-day reprieve on some “reciprocal” tariffs with concern that economic…
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European equities rebounded sharply on Thursday after US President Donald Trump announced a temporary pause in full reciprocal tariffs on most trade partners, offering a brief reprieve amid ongoing trade…
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Prada acquires Versace in €1.25 billion deal: what it could mean for Capri Holdings’ stock as share price falls
In a defining moment for the luxury fashion world, Prada announced on Thursday that it will acquire Versace for 1.25 billion euros ($1.38 billion) from New York-based Capri Holdings. This…
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Wall Street may have finally broken through Donald Trump’s hard stance on tariffs. After a week of escalating fears about a potential economic crisis, two of the biggest names in…
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Electricity demand to power AI technology and data centres by the end of this decade will require more than Japan’s electricity consumption today. The consumption of electricity by data centres…