Trump’s 200% Tariff on European Alcohol: How It Could Reshape Markets & Portfolio Strategies
A new trade war battleground is emerging, and this time, it’s hitting European wines, champagnes, and spirits—a $40 billion industry with…
2025
Barclays expects US Fed to deliver two rate cuts this year on softer labor market activity
(Reuters) -Softer U.S. labor market conditions against the backdrop of trade-policy uncertainty have prompted Barclays to raise its expectations to…
Dollar General forecasts tepid 2025 due to strained consumer spending
(Reuters) -Dollar General on Thursday forecast annual sales and profit targets below estimates, joining a growing list of retailers that…
Blackstone to buy 40% stake in India’s Kolte-Patil Developers for $134 million
(Reuters) – U.S. investment firm Blackstone will purchase a 40% stake in Indian real estate developer Kolte-Patil Developers in a…
Spirit Airlines completes financial restructuring, exits Chapter 11
(Reuters) – Spirit Airlines parent Spirit Aviation Holdings said on Wednesday that the low-cost carrier has successfully completed its financial…
Adobe beats first-quarter revenue estimates on strong software demand
(Reuters) -Adobe beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from strong spending on its portfolio of design…
AI to fuel bumper year for M&A in US power sector
By David French, Isla Binnie and Mrinalika Roy (Reuters) – Dealmakers expect 2025 to be a bumper year for mergers…
Musk-led cuts drive US consumer protection agency to ask for Amazon trial delay
By Jody Godoy (Reuters) -The U.S. Federal Trade Commission asked a federal court in Seattle on Wednesday to delay a…
Hedge funds speed up de-risking, with focus on industrials
By Carolina Mandl NEW YORK (Reuters) -Global hedge funds accelerated the unwinding of stock positions on Monday, mainly in the…
Morning Bid: Another sea of red as tariffs trump ceasefire hopes
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets Wall Street’s failure…