ZURICH, June 16 (Reuters) – The Swiss government has revised its economic growth forecasts for 2025 and 2026 downward due to concerns over the ongoing global trade war. […]
Economy
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China-African Economic and Trade Exhibition Concludes with Major Deals Signed
The China-African Economic and Trade Exhibition has successfully concluded, marking the event with the signing of several significant deals. These agreements are set to enhance economic cooperation and […]
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Gucci Owner Kering Appoints Auto Executive De Meo for Key Leadership Role
Kering, the parent company of luxury brand Gucci, has appointed automotive executive Luca de Meo to a prominent position within the organization. De Meo, formerly the head of […]
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At Home Files for Bankruptcy Amid Tariff Challenges and Consumer Spending Slowdown
The home goods retailer At Home has filed for Chapter 11 bankruptcy protection, citing challenges posed by tariff increases and reduced consumer spending. The Dallas-based company has reached […]
Technology
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Sarepta Stock Falls After Reporting Second Patient Death Linked to Gene Therapy
Sarepta Therapeutics has reported the death of a second patient linked to its Duchenne muscular dystrophy gene therapy. The company is taking steps to enhance safety protocols, particularly […]
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Barington Capital Calls for Changes at Victoria’s Secret Amid Underperformance
A New York-based hedge fund, Barington Capital, which owns over 1% of Victoria’s Secret, has criticized the company for underperforming compared to its competitors. Since its spin-off from […]
Technology
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Meta Introduces Advertising on WhatsApp to Boost Revenue Streams
Meta has introduced advertising on WhatsApp as part of its strategy to diversify revenue streams. This marks a significant shift for the messaging platform, which has traditionally been […]
Banks
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American Express Announces Major Updates to U.S. Consumer and Business Platinum Cards Later This Year
American Express has announced plans for significant updates to its U.S. Consumer and Business Platinum Cards later this year. These changes aim to enhance the luxury credit card […]
Economy
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Economists Forecast Modest Growth for Germany in 2025
Economists predict that Germany’s economy will experience a return to growth in 2025 following two years of contraction. Analysts surveyed by Bloomberg have expressed slightly more optimism regarding […]
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Fourth China-Africa Economic and Trade Expo Kicks Off in Central China
The fourth China-Africa Economic and Trade Expo commenced on June 13, 2025, at the Changsha International Convention and Exhibition Center in Changsha, the capital of Hunan Province in […]