Fast fashion retailer Forever 21 is preparing another comeback in China, marking its fourth attempt since first entering the market in 2008, with the company also looking for a partner to help re-establish the brand in North America months after it filed for bankruptcy in the country. Despite a history…
A tense and divided morning is unfolding across European markets, as a resilient month-long rally runs headlong into its final and most formidable obstacle: a transatlantic deluge of inflation data. After a turbulent week dominated by political drama and corporate intrigue, investors are now bracing for a day of reckoning…
In India, the demand for physical gold experienced a slight increase this week, even as prices rebounded. This uptick in demand was primarily driven by jewellers replenishing their inventories in anticipation of the upcoming festive season, Reuters said in a report. This contrasts with the generally subdued activity observed in other markets,…
Billionaire Mukesh Ambani, chairman of Reliance Industries Ltd (RIL), on Friday confirmed that Reliance Jio will debut on Indian stock exchanges in the first half of 2026. Speaking at the conglomerate’s 48th annual general meeting, attended virtually by more than 4.4 million shareholders, Ambani said that preparations for the much-anticipated…
Eli Lilly has partnered with a leading Chinese tech company, JD Health to fast-track its presence in China’s rapidly expanding obesity drug market, boosting the company’s global growth in the weight-loss sector.Eli Lilly’s move into the obesity drug market is reshaping the global pharma landscape. After the success of drugs…
The Barclays, NatWest, and Lloyds share prices plunged on Friday, dragging the blue-chip FTSE 100 Index. NatWest stock plunged to 512p, down by almost 10% from its highest point this year. Windfall tax proposal drags Barclays, NatWest, Lloyds share pricesLloyds share price plunged by over 7.2% from the year-to-date high, in…
Thailand’s Constitutional Court on Friday removed suspended Prime Minister Paetongtarn Shinawatra from office, finding that a controversial leaked phone call with Cambodia’s former leader Hun Sen had breached ethics rules. The ruling throws the Southeast Asian nation into another bout of political instability, just a year after Paetongtarn took office.In…
On Thursday, the price of European wheat experienced a notable decline on Euronext in Paris, with the most actively traded futures contract settling at EUR 192 per ton. This significant drop pushed the price to its lowest level since March 2024, indicating potential shifts in market dynamics and supply-demand balances. The decline…
PepsiCo Inc. is deepening its investment in Celsius Holdings Inc. with a $585 million transaction designed to expand the distribution and strategic reach of the fast-growing energy drink company, Bloomberg reported, citing sources familiar with the matter. The move underscores PepsiCo’s continued push into the lucrative functional beverage market and…
A tense and divided morning is unfolding across European markets, as a resilient month-long rally runs headlong into its final and most formidable obstacle: a transatlantic deluge of inflation data. After a turbulent week dominated by political drama and corporate intrigue, investors are now bracing for a day of reckoning…