Japanese brewing giant Asahi has disclosed that a September ransomware attack may have compromised personal information belonging to more than 1.5 million people, in what is emerging as one of the most disruptive cyber incidents to hit a major consumer goods company this year. The firm confirmed on Thursday that…
Puma shares rallied more than 13% on Thursday after reports that Chinese sportswear giant Anta Sports is weighing a potential bid for the German athletic brand. The stock’s sharp rise follows a Bloomberg report stating that Anta is working with advisers to explore an acquisition and could partner with private…
Italian lawmakers are pushing ahead with a controversial claim that the central bank’s $300 billion in gold reserves should be declared state property, a move a senator confirmed on Thursday despite fears it could violate European Union regulations.Lucio Malan, a Senator from Prime Minister Giorgia Meloni’s Brothers of Italy party,…
The White House claims that Trump’s “America First” policies are bringing in trillions of dollars in new investments into the US. They call this the “Trump Effect”. Numbers of up to $21 trillion are being thrown around. But behind these numbers sit very specific projects, diplomatic trades, and accounting tricks. Some are…
Britain’s largest student accommodation provider, Unite Group Plc, has seen its share price fall to its lowest level in more than ten years after issuing a stark outlook for the coming year. The company warned that earnings could drop by as much as 10% in fiscal 2026, the latest sign…
Severe floods in Thailand’s southern region are expected to slash rubber production in the world’s largest producer by up to 90,000 metric tons, a loss valued at 4.5 billion baht ($140 million), the national rubber authority announced on Thursday.Flooding has severely impacted Thailand’s rubber industry, the world’s largest producer and…
India’s defense sector is entering a transformative phase as New Delhi sets its sights on doubling military production to 3 trillion rupees (around $33 billion) by 2029.Plus, the government also aims to lift defense exports to 500 billion rupees as well – signalling a clear intent to position India as…
The US Thanksgiving holiday is upon us. This means more for Americans than for those of us in the UK or Europe, but the break has significance for all investors. For a start, Thanksgiving always takes place on a Thursday when US banks and exchanges close completely. But the holiday…
Global trade tensions, shifting markets, and geopolitical pressure are driving today’s biggest stories.The US has extended key China tariff exclusions in a bid to stabilize relations, while global markets remain unsettled as investors parse every signal from the Federal Reserve.Gold is climbing on rising expectations of a December rate cut,…
Medicare has negotiated steep new prices for 15 high-cost drugs, including Novo Nordisk’s blockbuster semaglutide (Wegovy and Ozempic), with negotiated prices set to take effect in 2027.The move cuts projected Medicare spending by an estimated $8.5 billion to $12 billion annually and forces drugmakers to reassess pricing, access, and strategy…