Economy

High whey protein prices take chunk out of THG profits

Economy

THG sees profit drop amid high whey protein prices

Jasmin Rodriguez

The Hut Group (THG), a well-known e-commerce company from the UK famous for its health, beauty, and nutrition brands, has experienced a drop in profits partly because of the ongoing…

Economy

Trump attacks ‘woke’ Jaguar as firm names new boss

Jasmin Rodriguez

Former U.S. President Donald Trump has once again voiced criticism of what he calls “woke” corporate behavior—this time targeting Jaguar, the luxury British car manufacturer. The comments come as the…

BP to review oil and gas projects to boost profits

Economy

BP to reassess oil and gas projects aiming for profit growth

Jasmin Rodriguez

BP is conducting a strategic assessment of its oil and gas activities as part of a wider initiative to boost profitability and increase shareholder value. This step indicates a renewed…

After a blown deadline, what next for US-Canada trade?

Economy

What’s next for US-Canada trade after the deadline passes?

Jasmin Rodriguez

The recent inability to reach a crucial trade deadline between the United States and Canada has created uncertainty among both governments and industry stakeholders regarding the future direction of their…

Tesla awards boss Elon Musk bn in shares

Economy

Elon Musk receives $29bn in Tesla shares as award

Jasmin Rodriguez

Tesla CEO Elon Musk has received a significant stock award worth an estimated $29 billion, representing one of the largest executive compensation deals in corporate history. This award, linked to…

Shock and relief - businesses worldwide react to new Trump tariffs

Economy

Shock and relief – worldwide enterprises respond to Trump’s tariff changes

Jasmin Rodriguez

The recent announcement of new tariffs by Donald Trump has caused a ripple of reactions across global markets. Businesses from various sectors are now re-evaluating their strategies as they prepare…

Confusion and anger in Switzerland - hit by highest tariffs in Europe

Economy

Switzerland struggles with Europe’s steepest tariffs

Jasmin Rodriguez

The announcement of new trade tariffs has sparked widespread confusion and growing frustration in Switzerland, which now faces some of the steepest import duties among European nations. Businesses, economists, and…

Trump hits Brazil with 50% tariffs and sanctions judge in Bolsonaro case

Economy

50% tariffs: Trump targets Brazil, sanctions judge linked to Bolsonaro

Jasmin Rodriguez

The United States, under the direction of former President Donald Trump, implemented a 50% tariff on select Brazilian imports, while also placing sanctions on a Brazilian judge involved in a…

Trump says 'good friend' India may face up to 25% tariffs

Economy

Trump warns ‘good friend’ India about possible 25% tariffs

Jasmin Rodriguez

Donald Trump has implied that India, a nation he has referred to as a “good friend” in the past, might face high tariffs—possibly up to 25%—if issues regarding trade imbalances…

Adidas to raise prices as US tariffs costs rise by €200m

Economy

Adidas to increase prices as US tariffs rise by €200m

Jasmin Rodriguez

Adidas is planning to alter its pricing approach due to rising financial challenges stemming from heightened U.S. import tariffs, which are expected to elevate the company's costs by about €200…