LAS VEGAS. — Former Starbucks CEO Howard Schultz said Wednesday that he “did a cartwheel” in his living room when current chief executive Brian Niccol first coined his “back to Starbucks” strategy. The enthusiasm from the 71-year-old Starbucks chairman emeritus is a key stamp of approval for Niccol as he…
Plug Power Inc (NASDAQ: PLUG) is pushing further to the upside this morning, even though the clean energy company proposed two “equally unattractive” alternatives to investors last week.The hydrogen fuel cell company is seeking authorisation to issue more stock or resort to a reverse stock split to remain listed on…
Mexico’s annual inflation rate accelerated more than expected in May, surpassing the top of the central bank’s target zone and adding to the monetary policy conundrum in the second-largest economy in Latin America. Consumer prices rose 4.42% in annual terms, data released on Monday by the national statistics agency INEGI…
JBS started trading this Monday (9) its Brazilian Depositary Receipts (BDRs), B3 share index, as a part of its dual listing process. In Brasília, by early afternoon, the JBSS32 BDRs were up 1.02%, at R$ 78.86.According to local media InfoMoney, this change is linked to the corporate restructuring finalised yesterday, when…
Apple Inc (NASDAQ: AAPL) is inching down on Monday after the tech titan delayed its planned, major Siri upgrade to next year at the WWDC 2025.Worldwide Developers Conference is Apple’s annual event that often unveils software, developer tools, and platforms for its products.While the Siri delay sure disappointed investors today,…
European stock markets started Tuesday’s session with a mixed and somewhat cautious tone, as investors kept a close watch on ongoing trade talks between the United States and China in London. While major indices showed slight variations, a notable feature was the broad decline in European defense stocks, potentially linked…
Rolls-Royce has been selected as the preferred bidder to build the UK’s first fleet of mini nuclear power stations, in a significant step aimed at securing Britain’s energy future and reviving domestic nuclear capabilities.The announcement, made on Tuesday by the government’s publicly owned Great British Energy, follows a lengthy selection…
As cryptocurrencies continue to mature as an asset class, more investors are exploring ways to integrate them into long-term financial planning—particularly through retirement accounts.Many investors are turning to crypto IRAs as a way to combine the tax benefits of retirement accounts with the growth potential and diversification offered by digital…
UK’s job market is cooling rapidly, with wage growth also decelerating. This trend, while not likely to trigger immediate rate cuts by the Bank of England, strengthens the case for reductions in August and November, according to ING Group.Significant deterioration is evident in the UK employment landscape. UK job market slowdownThe…
In a move escalating trade tensions between China and the European Union, Beijing has officially prolonged its ongoing investigation into EU-sourced pork imports by an additional six months. This decision, announced on Tuesday, comes just days before the original probe period was set to conclude, signaling a potential deepening of the…