Prada's $1.4 billion deal to acquire Versace is in jeopardy, lacking approval from the Versace family amid global market turmoil caused by trade tensions. The outcome remains uncer...
Federal Reserve's Thomas Barkin discusses the delayed impact of tariffs on consumer prices, expected by June, due to current business inventories. Businesses face challenges in pas...
Following the RBI's repo rate cut, Indian Bank reduces its Repo Linked Benchmark Lending Rate by 0.35%, effective April 11, 2025, to lower borrowing costs and stimulate loan demand...
Fitch Ratings downgraded Alibaba and Tencent to 'A' from 'A+' following China's sovereign rating cut, highlighting the impact of domestic operations and government regulation on th...
China's car sales in March saw a 14.4% annual increase, with new energy vehicles making up over half of the sales. Tesla's sales dipped, while BYD reported significant growth.
British Prime Minister Keir Starmer announces a deal with Universal to build Europe's first Universal theme park in Bedfordshire, promising 28,000 jobs and a £50 billion boost to t...
Delta Air Lines announces a 2% revenue increase to $14 billion in Q1 2025, with EPS soaring 516%. The company adopts cautious strategies amid economic uncertainties, impacting its ...
Walmart Inc. has decided not to reaffirm its Q1 income target due to uncertainties from new tariffs affecting imports. CEO Doug McMillon emphasizes cost control and competitive pri...
