MFI to make a comeback in UK homewares market under Victorian Plumbing
MFI, the iconic furniture brand that once dominated Britain’s retail parks before the rise of Ikea, is poised to return…
Walmart to pass on tariff burden to shoppers, braces for margin volatility
Walmart customers could soon see higher prices on store shelves, as the retail giant grapples with rising costs from new…
Crypto demand pushes up Bolivia’s parallel dollar: USDT in the spotlight
Thursday saw dramatic variations in the parallel exchange rate of the US dollar in Bolivia, with the informal currency market starting…
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 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…
‘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…