USD/MXN forecast: rounded top forms ahead of Banxico decision
The USD/MXN exchange rate has crashed in the past few months as concerns about the ongoing trade war eased. After peaking at 21.3 in February, the pair has retreated to…
Economy
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Britain demands antitrust regulator fuel economic growth
The British government has issued a decisive directive to its antitrust regulator, the Competition and Markets Authority (CMA), tasking it with a sharpened focus on fostering economic growth. Announced Thursday,…
Can Espinosa’s turnaround plan revive Nissan’s falling sales and stock?
Nissan Motor Co’s new chief executive, Ivan Espinosa, is confronting an increasingly grim business landscape, with the automaker facing falling sales, an ageing vehicle lineup, and mounting pressure from tariffs…
Is the trade war over already?
Risk appetite surged at the beginning of this week following an unexpected breakthrough in US-China trade talks. Investors were caught off guard by the announcement at 08:00 BST on Monday,…
Growth spurt or last gasp? UK’s 0.7% Q1 GDP defies warnings, for now
The United Kingdom’s economy demonstrated robust growth in the first three months of the year, expanding by a stronger-than-anticipated 0.7%, according to official figures. This resilient performance comes despite earlier…
US considers deal to let UAE import over a million advanced Nvidia chips: report
The Trump administration is in active talks to authorize the United Arab Emirates to import over a million Nvidia Corp’s most advanced artificial intelligence chips, in what would mark a…
‘Too late Powell?’: Trump blasts Fed anew as April inflation shows slight dip
President Donald Trump launched a renewed salvo against the Federal Reserve on Tuesday, asserting the central bank is lagging in its response to what he characterized as a significantly cooling…
Nvidia hits $3.17 tn, closes in on Apple’s m-cap after Saudi partnership: can it reshape tech rankings?
Nvidia Corp. came within striking distance of overtaking Apple Inc. as the world’s second most valuable company on Tuesday, as its stock rallied on optimism around chip sales to Saudi…
Burberry to cut 18% of global workforce in cost-saving push amid turnaround efforts
Burberry is set to cut as many as 1,700 jobs worldwide as part of a wider cost-cutting effort, as the British fashion house grapples with a challenging luxury retail environment.…
Two men, one turning point: Romania heads into 2025 presidential election, seen as major political test
Romania’s 2025 presidential election is not a normal election. This election is a rerun following the annulment of the December 2024 election due to Russian interference. And the story keeps getting…