LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence from a supplier seen by Reuters, as U.S. President Donald Trump’s threat of a 35% tariff on the textile hub…
US President Donald Trump has unveiled fresh tariff threats against key US trading partners, announcing a 30% rate on imports from Mexico and the European Union (EU) if the countries do not negotiate more favorable trade terms by August 1. The announcement was made via two letters posted to social…
As the second-quarter earnings season kicks off, US equity markets are hovering near record highs, buoyed by optimism that many now hope will be validated by incoming corporate results. Yet expectations for earnings are subdued. Analysts forecast a modest 2.5% year-on-year rise in S&P 500 profits for Q2, making it…
Lloyds Banking Group is in advanced discussions to acquire Curve, the London-based fintech firm, in a deal that could be valued at up to £120 million, reported Sky News, citing sources familiar with the matter. If negotiations are concluded successfully, an announcement may come as early as the end of…
India is stepping up efforts to expand its banking sector, aiming to fuel its rapid economic growth and inch closer to its $5 trillion GDP target.To realise this, the government and financial regulators are working towards a strategy of carrying out a strategic overhaul by merging the banks, new licenses,…
As the second-quarter earnings season kicks off, US equity markets are hovering near record highs, buoyed by optimism that many now hope will be validated by incoming corporate results. Yet expectations for earnings are subdued. Analysts forecast a modest 2.5% year-on-year rise in S&P 500 profits for Q2, making it…
The S&P 500 Index and its top ETFs, like VOO and SPY will be in the spotlight this week as the market reacts to several notable events like macroeconomic data and earnings. These events come as the index remains at an all-time high following the 30% surge from its lowest level…
NorthStar Gaming Holdings Inc. (TSXV: BET,OTC:NSBBF) (OTCQB: NSBBF) (‘NorthStar’ or the ‘Company’) today announced that its Board of Directors approved the grant of equity incentive awards pursuant to the Company’s Equity Incentive Plan (the ‘Plan’). The Company has granted an aggregate of 5,078,913 deferred share units (‘DSUs’) pursuant to the…
Despite external trade headwinds and tight domestic monetary conditions, Brazil’s finance ministry has upgraded its 2025 economic outlook and now sees stronger-than-expected growth. Gross domestic product (GDP) is expected to grow 2.5% next year, revised from the 2.4$ forecast in May, the ministry’s economic policy secretariat said in a report…
Morgan Stanley revised its outlook on Amazon after tariffs between the US and China came to a reasonable level.The brokerage maintained the overweight rating and raised the target for Amazon from $250 to $300, indicating a 35% upside from the previous day’s closing price. The move comes as Amazon stock…