BYD cuts 2025 sales target amid slowing growth: report
BYD has lowered its sales target for this year by as much as 16% to 4.6 million vehicles, Reuters reported earlier today, citing two people with knowledge of the matter.…
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Job losses loom for South African sugar farmers amid trade challenges
South Africa’s sugar farmers face a “double whammy” from cheap imports and US tariffs, which have been eating into their earnings. Nkosinathi Msweli’s sugarcane farm in KwaDukuza, a predominantly rural and…
American Eagle stock soars 24% as Sydney Sweeney’s ‘Great Jeans’ campaign boosts sales
Shares of American Eagle Outfitters jumped nearly 24% in premarket trading on Thursday after splashy celebrity campaigns featuring actor Sydney Sweeney and National Football League star Travis Kelce boosted demand…
AI skills boom: demand surges, salaries rise in non-tech roles
A recent analysis of over a billion job postings by LightCast, a labour insight platform, has revealed a significant increase in the demand for artificial intelligence skills, with these roles…
Evening digest: Markets stumble on tariffs, Kraft Heinz split, and Musk’s Tesla robot bet
US markets opened September on shaky footing, rattled by a mix of tariff uncertainty, weak factory data, and a string of corporate headlines. Stocks drifted lower, Treasuries sold off, and…
Nvidia stock stumbles below key support as $340B market value evaporates
Nvidia stock (NASDAQ: NVDA) took a beating on Tuesday, falling below a key support level and wiping out roughly $340 billion in market value. Investors are clearly jittery as tech…
US digest: Trump to expedite tariff appeal, Kraft Heinz split, US manufacturing slump
US markets faced a wave of significant developments on Tuesday, spanning manufacturing data, corporate restructuring, and trade policy.Here are the important US headlines of the day: Manufacturing activity contracts again…
After the Klarna IPO, are SpaceX, Stripe, Kraken, and Revolut next?
Some of the biggest finance news stories this week is the upcoming Gemini, Figure, and Klarna IPOs that will see them raise millions of dollars in the United States.These companies…
Asian markets open: Nikkei falls 0.41%, Sensex braces for a weak start
A profound and dramatic divergence is splitting the global financial world on Wednesday, as Asian markets defiantly break ranks with a wounded Wall Street. Instead of following America’s lead, the…
What next for the Scottish Mortgage share price as SMT retreats?
Scottish Mortgage stock price has surged in the past few months as technology companies have rebounded. It rose from a low of 776p in April to a high of 1,106p.…