Business news

Walmart to pass on tariff burden to shoppers, braces for margin vola...

Walmart customers could soon see higher prices on store shelves, as the retail giant grapples with rising costs from new and ongoing tariffs. The comp...

MFI to make a comeback in UK homewares market under Victorian Plumbi...

MFI, the iconic furniture brand that once dominated Britain’s retail parks before the rise of Ikea, is poised to return to the UK homewares market in...

From titan to target: is UnitedHealth Group breaking down?

UnitedHealth Group (UNH) has been the most trusted name in American healthcare. A big, predictable and profitable company. A stock that institutions l...

Growth spurt or last gasp? UK’s 0.7% Q1 GDP defies warnings, for now

The United Kingdom’s economy demonstrated robust growth in the first three months of the year, expanding by a stronger-than-anticipated 0.7%, ac...

Is the trade war over already?

Risk appetite surged at the beginning of this week following an unexpected breakthrough in US-China trade talks. Investors were caught off guard by th...

Can Espinosa’s turnaround plan revive Nissan’s falling sales and sto...

Nissan Motor Co’s new chief executive, Ivan Espinosa, is confronting an increasingly grim business landscape, with the automaker facing falling sales,...

Britain demands antitrust regulator fuel economic growth

The British government has issued a decisive directive to its antitrust regulator, the Competition and Markets Authority (CMA), tasking it with a shar...

Cuba’s sugar collapse threatens iconic rum industry as output hits h...

Cuba, historically a sugar powerhouse in the Caribbean, is seeing its raw sugar output fall to historic lows. The island’s sugar production is e...

Super Micro stock surges after Saudi deal, upbeat rating and AI opti...

Shares of Super Micro Computer rallied sharply in early trading Wednesday, extending gains from the previous session, as a combination of favourable a...

Burberry share price jumps 15% on cost cuts and upbeat results; anal...

Shares in Burberry surged more than 15% on Wednesday after the company unveiled plans to cut about 1,700 jobs globally as part of a sweeping cost-redu...

Two men, one turning point: Romania heads into 2025 presidential ele...

Romania’s 2025 presidential election is not a normal election. This election is a rerun following the annulment of the December 2024 election due to R...

Burberry to cut 18% of global workforce in cost-saving push amid tur...

Burberry is set to cut as many as 1,700 jobs worldwide as part of a wider cost-cutting effort, as the British fashion house grapples with a challengin...

Nvidia hits $3.17 tn, closes in on Apple’s m-cap after Saudi partner...

Nvidia Corp. came within striking distance of overtaking Apple Inc. as the world’s second most valuable company on Tuesday, as its stock rallied on op...

‘Too late Powell?’: Trump blasts Fed anew as April inflation shows s...

President Donald Trump launched a renewed salvo against the Federal Reserve on Tuesday, asserting the central bank is lagging in its response to what...

US considers deal to let UAE import over a million advanced Nvidia c...

The Trump administration is in active talks to authorize the United Arab Emirates to import over a million Nvidia Corp’s most advanced artificial inte...

Brazil inks ethanol byproduct export deal with China, targets US fee...

Brazil has signed a trade protocol with China that will allow the export of distillers’ dried grains (DDGS), a high-protein ethanol byproduct us...

Trump in Saudi Arabia: Riyadh pledges $600 billion investment in US

US President Donald Trump has secured a staggering $600 billion investment commitment from Saudi Arabia during the first leg of his Gulf tour, accordi...

US stocks open mostly in the green: Nasdaq up 0.6%, S&P 500 up 0.3%

The S&P 500 traded near the flatline early Tuesday as investors paused to digest a softer-than-expected inflation report and assessed the market&#...

Trump’s Middle East trip: is this the privatization of American fore...

Donald Trump didn’t return to the Middle East for diplomacy. He came for deals.  This week, the president landed in Saudi Arabia to begin a tour...

Goldman Sachs, others boost S&P target as US-China trade deal lifts...

Just days after warning that the S&P 500 could fall another 20% due to a potential recession triggered by escalating tariffs, Goldman Sachs has re...