Europeans are embracing EVs while Tesla is imploding: here’s why
Electric vehicle (EV) adoption in Europe is increasing. One would expect that Tesla would be one of the biggest winners of such news. But the company’s sales are falling across…
Gap turnaround: here’s what Richard Dickson has achieved in 1.5 years
Gap Inc (NYSE: GAP) was struggling with sales declines, profitability concerns, and loss of cultural relevance amidst an ever-increasing competition in the retail market up until the first half of…
Global coffee crisis brews as soaring prices disrupt supply chains and rattle industry
The global coffee trade is facing an unprecedented crisis as soaring prices disrupt supply chains and force roasters to scale back purchases. A 70% surge in Arabica coffee futures since…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA…
2 reasons the Nikkei 225 index has crashed this year
The Nikkei 225 index has remained under pressure this year and continued to underperform its global peers like the German DAX and French CAC 40. It retreated to a low…
Hang Seng index could go parabolic as a rare chart pattern nears
The Hang Seng index has surged this year and is beating some of its top global peers like the Dow Jones, Nasdaq 100, and S&P 500. It has jumped by…
FTSE MIB index analysis: here’s why Italian stocks are surging
Italian stocks are doing well this year, with the blue-chip FTSE MIB index surging to a record high. It has risen in the last six days and is trading at…
Carvana stock price is crumbling: is it safe to buy the CVNA dip?
Carvana stock price has moved into a bear market after plunging by over 36% from its highest level this year. CVNA has fallen to its lowest level since January 26,…
India’s stock market sheds $900 billion since September as retail investors face a major test
For years, India’s stock market has been a prime destination for retail investors seeking better returns than traditional savings. However, after reaching record highs, the market has entered a prolonged…
ECB delivers sixth rate cut in nine months amid Trump tariff uncertainity
The European Central Bank on Thursday lowered interest rates by 25 basis points, bringing the deposit facility rate to 2.5%. The widely expected move marks the central bank’s sixth rate…