‘Too late Powell?’: Trump blasts Fed anew as April inflation shows slight dip
President Donald Trump launched a renewed salvo against the Federal Reserve on Tuesday, asserting the central bank is lagging in…
Nvidia hits $3.17 tn, closes in on Apple’s m-cap after Saudi partnership: can it reshape tech rankings?
Nvidia Corp. came within striking distance of overtaking Apple Inc. as the world’s second most valuable company on Tuesday, as…
Burberry to cut 18% of global workforce in cost-saving push amid turnaround efforts
Burberry is set to cut as many as 1,700 jobs worldwide as part of a wider cost-cutting effort, as the…
Two men, one turning point: Romania heads into 2025 presidential election, seen as major political test
Romania’s 2025 presidential election is not a normal election. This election is a rerun following the annulment of the December…
Burberry share price jumps 15% on cost cuts and upbeat results; analysts urge caution, say Asian market still a concern
Shares in Burberry surged more than 15% on Wednesday after the company unveiled plans to cut about 1,700 jobs globally…
Super Micro stock surges after Saudi deal, upbeat rating and AI optimism
Shares of Super Micro Computer rallied sharply in early trading Wednesday, extending gains from the previous session, as a combination…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
US-China trade truce lifts China’s economic outlook and equities: these Chinese stocks could benefit
Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their…
China lifts ban on Boeing jet deliveries after trade thaw with US: report
China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing…
The new face of war: global defence budgets soar as drones redefine the future of warfare
Global defence spending hit a record $2.72 trillion in 2024, marking the sharpest annual increase since 1988. More than 100…