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…
Ideas
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Ideas
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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Ideas
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…
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European markets posted sharp gains on Thursday following a surprise move by US President Donald Trump to postpone a new round of tariffs on dozens of countries, including the European…
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Rolls-Royce share price pared back some of the losses made earlier this month as Donald Trump’s trade war eased. After bottoming at 560p on April 7, it has soared to…
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European markets posted sharp gains on Thursday after US President Donald Trump unexpectedly postponed a new round of tariffs on dozens of countries, including the European Union. The decision sent…
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Barry Callebaut, a Swiss chocolate maker, lowered its annual sales volume forecast on Thursday due to “unprecedented volatility” in cocoa bean prices. This development led to a significant drop in…