What used to be an independent body, the Federal Reserve, is now part of the political discussions under the Trump administration.President Donald Trump has escalated his attacks on…
As luxury companies navigate the choppy waters of a global economic slowdown, France’s Hermès has once again found stability in its most iconic creations—the Birkin and the Kelly…
A fortnight ago, investors were counting down the hours to President Trump’s announcement of ‘reciprocal tariffs’. Global stock indices, led by the US majors, were already exhibiting evidence…
Globalization has long been regarded as an unstoppable wave in the world of international trade and cooperation, promoting economic growth and cultural exchanges all over the world. However,…
The International Monetary Fund (IMF) will lower its global growth predictions due to rising trade tensions and market volatility, but no global recession is likely, Managing Director Kristalina…
The Czech Republic had achieved full independence from Russian oil supplies for the first time in its history, government officials announced on Thursday. This milestone was reached due to…
Eli Lilly’s experimental obesity pill, orforglipron, met its main goals in a closely watched late-stage trial, boosting the company’s standing in the fast-growing market for weight loss and…
The European Central Bank on Thursday reduced its key interest rate by 25 basis points, citing easing inflation and mounting risks to economic growth from trade tensions and…
Shares in J Sainsbury PLC surged on Thursday, closing up 4% at 257.8p, making it the top performer on the FTSE 100 index. The rally came after the…