Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The husband of former Scottish First Minister Nicola Sturgeon has…
Category: Business News
L’Oreal sales rise 9.4% as mass-market cosmetics outsell luxury products. From Reuters
By Dominique Patton and Mimosa Spencer PARIS (Reuters) – L’Oreal reported a 9.4% rise in first-quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a…
The Meta AI assistant arrives on WhatsApp, Instagram, Facebook and Messenger
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | Afp | Getty Images…
The IMF warns of the long-term economic impact of the Gaza war on the Middle East
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The IMF has warned that the war between Israel and…
ING Expects Stable Rates in China, Taiwan Exports Recover From Investing.com
On Thursday, ING, a major financial institution, predicted a period of stability for China’s economic indicators in the coming week, following some significant updates recently. The firm expects the People’s…
The IPO market continues to open, bear market be damned
For proof that the market for initial public offerings continues to open despite the market’s downtrend, look no further than this week. Two large IPOs were successfully listed last night.…
Tesla’s plan to re-vote on Elon Musk’s record pay deal has a fatal flaw, Tulane law professor warns
Tesla may be preparing for a new legal challenge over Elon Musk’s record compensation deal, a Tulane University law professor warned. On Wednesday, the company urged investors to “restore Tesla…
Qatar reconsiders its role as mediator between Hamas and Israel
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Qatar’s prime minister said the Gulf state was re-evaluating its…
Brazil’s plans to extract oil in the Amazon have met with strong indigenous resistance. From Reuters
By Marta Nogueira and Fabio Teixeira OIAPOQUE, Brazil (Reuters) – State energy company Petrobras has faced growing resistance from indigenous groups and government agencies to its major exploration project, which…
The world’s largest sovereign wealth fund reports profits of $110 billion in the first quarter
The facade of the Norwegian Central Bank, also known as Norges Bank, in Oslo, Norway. Bloomberg | Bloomberg | Getty Images Norway’s giant sovereign wealth fund reported first-quarter profit of…