Debate once raged over whether post-Covid price rises would be transitory. ​Today’s worry is the ​Gulf conflict’s 13 ...
Founder Evan Spiegel is ​largely ignoring demands ​from a pushy investor. ⁠Sure, he’s laying off ​16% of workers at ​the $10 bln social media firm, but a risky smart ​glasses program continues.
France's $40 ‌bln Kering vowed to more than double its operating margin at its capital markets ​day, but disappointed ...
Unilever and Reckitt are down 23% since the Iran war, on ​fears of emerging market ​exposure. Nestlé and P&G held up ⁠better, owing to a ​focus on wealthier regions. Yet all ​face rising food and ...
Alibaba, $40 bln MiniMax and ⁠others flooded the ​market with cheap ​access to models that power agents and ​apps, turning ...
Conflict in the Gulf encourages oil exporters to seek alternatives to US dollar payments. ​That may benefit China, which ​pays for just 30% of its ⁠trade in yuan. Yet unless the ​People's Republic ...
Former CEO James Gorman single-mindedly focused the ​Wall Street titan on ​wealth management. Successor Ted Pick ⁠has reinvigorated M&A advisory and ​trading. A 27% return on ​tangible equity now ...
After selling the remains of its sneaker empire for just $39 mln, the ​company is turning itself ​into a cloud computing ...
Monte dei Paschi investors reinstated the $31 bln lender's ousted ​CEO Luigi Lovaglio. One ​interpretation is that they want ...
Boss Scott Kirby has floated ​the eyebrow-raising idea ​of a tie-up with $8 bln ⁠rival American. Some $3 ​bln of annual revenue ​uplift, after shedding ugly route overlaps, must be tempting. Shrinking ...
The $200 bln French luxury group's shares ‌fell 10% on weaker first-quarter sales. Hermès' premium valuation requires much ...
Iran's grip ​on the ​oil bottleneck has seen at ⁠least one ​ship pay $2 mln to ​pass. Even if it charged a lower rate ​of $1 ...