Inflation outlook in 2025: what April’s soft data isn’t telling you
April’s numbers for inflation looked good. Producer prices dropped. Retail sales were flat. Some even said inflation was cooling. But…
Rich List 2025: UK billionaires decline for first time in years amid market turmoil
The number of billionaires in the United Kingdom has fallen for the first time in years, as global market turbulence…
Novo Nordisk CEO to step down as obesity drug competition intensifies
Novo Nordisk said on Friday that Chief Executive Officer Lars Fruergaard Jørgensen will step down, a decision made jointly with…
Argentina’s black market for dollar falters as President Milei dismantles currency controls
Argentina’s Downtown Buenos Aires is home to a thriving underground network of cash merchants known as arbolitos. However, their business…
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…
USD/MXN forecast: rounded top forms ahead of Banxico decision
The USD/MXN exchange rate has crashed in the past few months as concerns about the ongoing trade war eased. After…
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…
Can Espinosa’s turnaround plan revive Nissan’s falling sales and stock?
Nissan Motor Co’s new chief executive, Ivan Espinosa, is confronting an increasingly grim business landscape, with the automaker facing falling…
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…
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%,…