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…
TRUMP and MELANIA plunge, Truth Social refutes meme token plans
Digital tokens traded in the red on Tuesday as the global cryptocurrency market cap lost 2.33% in the previous 24…
China’s economy gets reprieve: tariff reduction boosts short-term growth
The 90-day tariff truce between the US and China is expected to increase shipments and production over the next three…
Goldman Sachs, others boost S&P target as US-China trade deal lifts sentiment
Just days after warning that the S&P 500 could fall another 20% due to a potential recession triggered by escalating…
Trump’s Middle East trip: is this the privatization of American foreign policy?
Donald Trump didn’t return to the Middle East for diplomacy. He came for deals. This week, the president landed in…