Walmart raises profit outlook, buoyed by strong e-commerce; Target grapples with sales slump amid leadership changes. Both retailers focus on adapting to consumer trends and economic pressures.
Bath & Body Works faces increased bond risks and investor concerns amid a strategic overhaul under CEO Heaf, aiming to reverse declining sales and restore brand strength.
Ukrainian President Zelenskiy seeks to restart peace talks with U.S. backing, despite European hesitation over territorial concessions to Russia and ongoing military aid.
AI integration is reshaping industries, leading to significant job cuts globally. Companies face challenges balancing technological efficiency with workforce sustainability amid economic pressures.
China's bond market sees unprecedented demand, appealing to global investors amid historic low yields, reflecting confidence in China's economic recovery and favorable investment conditions.
Japan's 20-year bond auction reveals investor anxiety amid economic uncertainty, as rising yields and anticipated stimulus measures raise fiscal concerns, impacting market sentiment globally.
The US plans to approve chip sales to Saudi AI firm Humain, fostering tech collaborations with partners like Elon Musk’s xAI and bolstering Saudi Arabia's AI ambitions.
South Africa anticipates an interest rate cut after unexpected inflation drop. This move, supported by government, aims to spur economic growth and reduce living costs.
Egypt's central bank maintains interest rates amid rising inflation. Wall Street responses vary, highlighting economic uncertainty as inflationary and global pressures challenge monetary policy decisions.
China bans Japanese films and seafood, escalating economic and cultural tensions over Taiwan. The diplomatic rift deepens as Japan asserts its stance amidst China's retaliatory measures.
Former US Commerce Secretary Gina Raimondo warns Trump's tariffs may persist in trade policies, impacting global commerce and economic strategies amid political and labor sensitivities.
Trump's foreign policy led to U.S. isolation, impacting regional stability and diminishing America's global influence, as nations reevaluate alliances and economic strategies.