China threatens to block $22.8B port sale without Cosco stake
China is reportedly threatening to obstruct the sale of over 40 ports, currently owned by Hong Kong-based CK Hutchison, to…
EU Inc: can Europe finally build its own Silicon Valley?
Europe is full of smart founders, strong universities, and brilliant engineers. But most of its startups stay small or move…
Donald Trump set to open the US retirement market to crypto investments
Donald Trump’s administration is preparing to sign an executive order that could radically transform the US retirement landscape by opening…
Burberry’s soft sales drop sparks sharp stock rise, analysts cheer signs of revival
Burberry reported a smaller-than-anticipated decline in comparable retail sales for its fiscal first quarter, offering investors an early glimpse of…
Supreme Court backs 1,400 layoffs at US Education Department
The US Supreme Court has allowed the Trump administration to proceed with sweeping staff cuts at the Department of Education,…
Bank of America reveals trades investors can do if Trump fires Jerome Powell
Bank of America pointed out trade setups investors can do if US President Donald Trump fires US Federal Reserve Chair…
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…
UK rate cuts: August and November projected by ING amid easing job market
A significant upward revision to May’s payroll figures, coupled with Wednesday’s hotter-than-expected inflation data, is easing the pressure on the…
Kolhapuri vs couture: How Prada’s sandal sparked a cultural row in India
A quiet town in Maharashtra found itself in an international spotlight this week. Kolhapur, famed for its traditional leather chappals…
PepsiCo shares rise as Q2 revenue beats expectations despite weak US demand, soft volumes
Shares of PepsiCo Inc. climbed in premarket trading on Thursday after the snack and beverage giant reported a better-than-expected rise…