Trumpian uncertainty: the calm before the storm?
Donald Trump’s weaponisation of uncertainty has been dialled up in his second term. The “will he, won’t he” prevarication over import duties, and other threats, has left companies and investors in a ...
Pernod Ricard cuts sales outlook on tariff uncertainty
Pernod Ricard has cut its sale guidance because of uncertainty over tariffs and a slowdown in China, where government anti-dumping measures have hit demand for its cognac brand Martell.
Is Nigel Farage’s Reform hype outpacing reality?
The fate of Ukip shows that flashes of electoral glory may precipitate implosion, however. The verdict is out on whether Reform can prove it really is a new phenomenon and can redraw the political map ...
FTSE 100 hits record high ahead of expected interest rate cut
Most sectors in the FTSE 100 were up, boosted by strong corporate earnings. AstraZeneca, the FTSE 100’s most valuable company, rose 4.8 per cent following better than expected results. Shares in ...
China’s ‘lifeline’ labs and rich Asians’ crypto craze
A notable example is Hubei Yangtze Memory Labs in Wuhan, where many engineers from leading Chinese chipmaker YMTC, which was added to the US Entity List in 2022, conduct trials and test samples.
Maersk chief expects no ‘massive impact’ from tariffs and forecasts trade growth
Tariffs should not have a “massive impact” on trade this year as consumer sentiment remains strong, the chief executive of Danish container shipping giant AP Møller-Maersk has said.
Kering parts ways with Gucci design chief after 2 years
French luxury group Kering has parted ways with the designer of its biggest brand Gucci, just two years after he was hired to lead a turnaround at the struggling Italian fashion house.
Australia ‘losing on every front’ to Donald Trump’s US, warns Woodside chief
Meg O’Neill flags ‘acute’ threat to country’s position as global energy supplier due to slow project approvals ...
Société Générale profits double after riding Trump trading boom
Société Générale doubled its profits in the fourth quarter and posted a jump in revenues, as its retail business rebounded and it became the latest bank to benefit from a Trump trading boom.
Anglo American likely to write down value of De Beers
Anglo American is conducting an “impairment review” of its De Beers business due to poor conditions in the diamond market and preparing to write down the unit’s value ahead of a planned demerger.
AstraZeneca sales jump despite troubles in China
AstraZeneca overcame a drop in sales in China and the arrest of its top executive in the country to deliver an 18 per cent increase in revenues in the final quarter 2024. The London-listed company ...
In private credit, liquidity is bad
Loans initiated by private credit are not marked to market, which means lower volatility, or at least the appearance of lower volatility, which lowers those loans’ correlations with publicly traded ...