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Economy

Economy

Estée Lauder appoints first ever digital chief amid online retail push to regain growth

Estée Lauder is embarking on a major digital transformation as it tries to regain lost ground in the global beauty market, following…
Economy

Diageo shakes up leadership as CEO Debra Crew steps down amid tumultuous tenure

Big changes are underway at Diageo, the global drinks giant known for Guinness and Johnnie Walker. CEO Debra Crew has stepped down…
Economy

Is Trump handing China a win in the AI chip war?

Nvidia is back in business with China. So is AMD. The Biden-era export controls on advanced AI chips used to be the…
Economy

Wells Fargo Q2 results: modest 1% revenue growth, credit metrics reflect resilience

Wells Fargo’s Q2 results turned in a decent set of numbers, offering some reassurance that it’s managing to stay steady despite ongoing…
Economy

Donald Trump’s 30% tariff threat prompts EU countermeasures

Should trade negotiations with Washington falter, the European Commission is considering imposing tariffs on $84.1 billion (72 billion euros) worth of US…
Economy

Interview: Indian markets show resilience amid global headwinds, says Ladderup Asset Management’s Raghvendra Nath

Despite a volatile start to the year marked by geopolitical tensions and lacklustre earnings, the Indian equity market has shown surprising resilience….
Economy

Nvidia shares jump as US greenlights H20 chip sales to China in ‘major catalyst’ to stock

Nvidia shares surged 4.7% to $171.78 in premarket trading Tuesday, extending gains from last week when the company became the first in…
Economy

Waning appetite for coal: China’s production surges, imports decline

China’s appetite for coal is waning as imports fall sharply in recent months.  While most energy imports, including crude oil and natural…
Economy

Europe markets open: stocks down; focus on US 30% EU tariff, BoE rate cut signals

European stock markets started the trading week in negative territory on Monday, with major indices declining as investors reacted to a significant…
Economy

Nvidia’s Jensen Huang is now worth more than Warren Buffett

Nvidia Corp (NASDAQ: NVDA) remains in the spotlight on Monday following reports that Jensen Huang, its chief executive, is now worth more…
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