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Diageo shakes up leadership as CEO Debra Crew steps down amid tumultuous tenure

Big changes are underway at Diageo, the global drinks giant known for Guinness and Johnnie Walker. CEO Debra Crew has stepped down…
Stock

Is Trump handing China a win in the AI chip war?

Nvidia is back in business with China. So is AMD. The Biden-era export controls on advanced AI chips used to be the…
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Donald Trump’s 30% tariff threat prompts EU countermeasures

Should trade negotiations with Washington falter, the European Commission is considering imposing tariffs on $84.1 billion (72 billion euros) worth of US…
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Wells Fargo Q2 results: modest 1% revenue growth, credit metrics reflect resilience

Wells Fargo’s Q2 results turned in a decent set of numbers, offering some reassurance that it’s managing to stay steady despite ongoing…
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Interview: Indian markets show resilience amid global headwinds, says Ladderup Asset Management’s Raghvendra Nath

Despite a volatile start to the year marked by geopolitical tensions and lacklustre earnings, the Indian equity market has shown surprising resilience….
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Nvidia shares jump as US greenlights H20 chip sales to China in ‘major catalyst’ to stock

Nvidia shares surged 4.7% to $171.78 in premarket trading Tuesday, extending gains from last week when the company became the first in…
Stock

Waning appetite for coal: China’s production surges, imports decline

China’s appetite for coal is waning as imports fall sharply in recent months.  While most energy imports, including crude oil and natural…
Stock

Europe markets open: stocks down; focus on US 30% EU tariff, BoE rate cut signals

European stock markets started the trading week in negative territory on Monday, with major indices declining as investors reacted to a significant…
Stock

Nvidia’s Jensen Huang is now worth more than Warren Buffett

Nvidia Corp (NASDAQ: NVDA) remains in the spotlight on Monday following reports that Jensen Huang, its chief executive, is now worth more…
Stock

Asia markets mixed as China trade data offsets Trump’s fresh tariff threats

Asian equity markets ended Monday on a mixed note, as better-than-expected trade data from China helped offset renewed concerns over global trade…
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