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Moncler raises prices on tariffs, may postpone store openings if downturn worsens
The Italian luxury retailer said it had raised prices by "mid-single-digit" percentages for the second half of 2025 and the first half of next year.
Published on: July 24, 2025 | Source:
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Turkey's central bank makes three-point cut to interest rates in return to easing
This is the central bank's first step to ease monetary policy since April.
Published on: July 24, 2025 | Source:Nestle flags further potential price hikes as tariffs, commodities weigh on margins
Swiss food giant Nestle said prices for its KitKat bars and Nespresso coffee pods could rise further in the second half of this year.
Published on: July 24, 2025 | Source:China plans subsidy vouchers for seniors to ease strain on its aging population, drive consumption
China plans to offer vouchers to elderly residents in a rare use of direct fiscal aid to tackle its rapidly aging population and strained social welfare system.
Published on: July 24, 2025 | Source:With no guarantee of an EU-U.S. trade deal, Europe keeps its retaliation options open
A trade agreement between the European Union and U.S. could be imminent, but nothing is guaranteed.
Published on: July 24, 2025 | Source:What economics can teach foreign-policy types
Hegemons should care about even puny countries
Published on: July 24, 2025 | Source:Where will be the Detroit of electric vehicles?
A fierce battle is under way in China
Published on: July 24, 2025 | Source:CNBC Daily Open: Alphabet spends more on AI β but also earns more from it
Investors seem confident that the investment in AI can finally be properly monetized and translate into higher revenue.
Published on: July 24, 2025 | Source:Estonia's tech elite are getting behind a European challenger to Robinhood
A host of Estonia's top tech entrepreneurs β including ride-hailing unicorn Bolt's CEO Markus Villig β are investing in European trading app Lightyear.
Published on: July 24, 2025 | Source:Worldβs largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs
The European Union is the leading producer, consumer and exporter of olive oil.
Published on: July 24, 2025 | Source:Nvidia supplier SK Hynix posts record second-quarter profit and revenue on strong AI memory demand
Revenue rose over 35% in the June quarter compared with the same period a year earlier, while operating profit jumped nearly 69%, year on year.
Published on: July 24, 2025 | Source:She quit her job as a Walgreens pharmacist to start a Vietnamese coffee companyβtoday, it brings in over $500,000 a year
Lan Ho, 35, left her job as a pharmacist at Walgreens to start a Vietnamese coffee company called Fat Miilk. Today, it brings in over $500,000 a year.
Published on: July 24, 2025 | Source:Judge rejects Trump administrationβs request to unseal Epstein documents
Setback comes as president faces allegations he was told his name appeared on files linked to late convicted paedophile
Published on: July 24, 2025 | Source:Nvidia supplier SK Hynix second-quarter profit and revenue hit record on strong memory chip demand
Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit rose nearly 69%, year on year.
Published on: July 24, 2025 | Source:CNBC's The China Connection newsletter: Beijing has more to worry about than just deflation
The key issue, economists say, is boosting productivity, something that requires a change in government incentives.
Published on: July 23, 2025 | Source:South Korea avoids technical recession as GDP expands 0.6% in second quarter
This was higher than the 0.5% expected by economists polled by Reuters, and a reversal from the 0.2% contraction seen in the first quarter.
Published on: July 23, 2025 | Source:Tesla reports sales miss as auto revenue drops for second straight quarter
Teslaβs second-quarter earnings call comes as Elon Muskβs automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.
Published on: July 23, 2025 | Source:Musk warns βrough quartersβ ahead for Tesla after Trump cancels EV incentives
Electric-car maker reports 23% drop in profits as sales suffer amid greater competition and consumer backlash
Published on: July 23, 2025 | Source:Alphabet beats earnings expectations, raises spending forecast
The company increased its capital expenditures for 2025 by $10 billion due to "strong and growing demand for our Cloud products and services."
Published on: July 23, 2025 | Source:Google's $85 billion capital spend spurred by cloud, AI demand
Executives said the spend will be on tech infrastructure needed to power cloud services.
Published on: July 23, 2025 | Source:Alphabet profits jump 20% on strength in search and cloud units
Google parent boosts plans for spending on artificial intelligence apps and infrastructure to $85bn this year
Published on: July 23, 2025 | Source:Singapore inflation remains at over four-year low ahead of monetary policy decision
The inflation figure was lower than the 0.9% expected by economists, and comes ahead of the country's monetary policy decision later in July.
Published on: July 23, 2025 | Source:IBM shares drop as software revenue misses
IBM delivered stronger earnings and income than expected and raised its forecast for full-year free cash flow. But software revenue was a bit light.
Published on: July 23, 2025 | Source:Google earnings keep Silicon Valleyβs AI flywheel spinning
Capital expenditure on data centres and such trappings this year will now be about $85bn, versus its prior estimate of $75bn
Published on: July 23, 2025 | Source:Big US toymakers seek to diversify away from China as tariffs bite
Uncertainty around levies weigh on Mattel and Hasbro
Published on: July 23, 2025 | Source:Chipotle stock tumbles 9% after chain cuts same-store sales forecast
Shares of Chipotle have fallen 13% this year, dragging its market cap down to $71.1 billion.
Published on: July 23, 2025 | Source:FirstFT: US and EU near a trade deal
Also in todayβs newsletter, India-UK trade deal set for signing, and Tesla profits slump on worsening EV sales
Published on: July 23, 2025 | Source:Keir Starmer and Narendra Modi to sign UK-India trade deal
Tariffs on more than 90% of British exports to Asian country will be cut, including cosmetics, clothes, food and drink
Published on: July 23, 2025 | Source:UK raises guaranteed maximum electricity price for wind developers
Increase highlights the challenge Labour faces in meeting pledge to bring down household bills
Published on: July 23, 2025 | Source:Chipotle sales slip as inflation drives belt-tightening in US
New menu items help to slightly boost growth in foot traffic during the second quarter
Published on: July 23, 2025 | Source:Meme stock mania returns as Krispy Kreme and GoPro shares soar
Retail traders inspired by social media pile into stocks targeted by short sellers
Published on: July 23, 2025 | Source:GoPro, Krispy Kreme join the meme party as Wall Street speculation ramps up
Reddit-obsessed retail traders targeted wearable camera firm GoPro and donut maker Krispy Kreme on Wednesday.
Published on: July 23, 2025 | Source:Tory leader Kemi Badenoch says she is Britainβs Javier Milei
In an FT interview, the head of the UK opposition says voters want an Argentina-style assault on state spending
Published on: July 23, 2025 | Source:Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens
Clients of BNY will be able to invest in money market funds whose ownership will be recorded on Goldman's blockchain platform.
Published on: July 23, 2025 | Source:Macrons file US lawsuit over claims Franceβs first lady was born male
Case against rightwing influencer Candace Owens is rare defamation suit from a serving world leader
Published on: July 23, 2025 | Source: