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Economy

Asian markets close: Nikkei jumps after US tariff ruling; Sensex gains 321 pts

A wave of optimism swept across most Asia-Pacific stock markets on Thursday, with major indices posting significant gains after a US federal…
Economy

Hailey Bieber’s $1bn Rhode deal: Decoding the dazzle of celebrity-led beauty brands

Hailey Bieber’s beauty brand Rhode has been acquired by Elf Beauty for $1 billion, pending regulatory approvals, in one of the biggest…
Stock

23andMe to delist from Nasdaq, deregister with SEC

23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to…
Stock

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said…
Stock

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect….
Economy

Thames Water hit with record £123m fine by Ofwat for pollution and dividend payouts

The national water regulator Ofwat has imposed a record £122.7 million penalty on Thames Water following two separate investigations into the company’s…
Economy

Asian markets close: Sensex falls 239 pts; Japan’s Nikkei flat amid trade scrutiny

Asia-Pacific stock markets concluded Wednesday’s trading session with a varied performance. Investors weighed the positive implications of US President Donald Trump’s decision…
Economy

How copper market remains vulnerable to supply chain concentration

Despite government’s attempts at diversification, the trend of increasing market concentration has persisted over the last year. The processing sector demonstrates this…
Economy

I’d avoid SCHD and buy these dividend ETFs instead

The Schwab US Dividend ETF (SCHD) is often seen as one of the best income funds in the United States. This explains…
Economy

UK grocery inflation hits 4.1% as wage hikes and tax changes push up prices

British grocery inflation climbed to 4.1% in the four weeks to 18 May, the highest level in over a year, according to…
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