Vietnam, a country heavily dependent on coal for its energy needs, has ambitious plans to significantly increase its power generation capacity by 2030.The country’s newly revised national power plan outlines a strategy that prioritises a shift towards renewable energy sources and the introduction of nuclear power, according to a Reuters…
Shares in J Sainsbury PLC surged on Thursday, closing up 4% at 257.8p, making it the top performer on the FTSE 100 index. The rally came after the British supermarket giant reported its full-year financial results, which showed a 7.2% rise in retail underlying operating profit to £1.04 billion for…
Investors should load up on Take-Two Interactive Software Inc (NASDAQ: TTWO) as Trump tariffs and fears of a full-blown trade war continue to wreak havoc on global equities, says Adam Parker. He’s the founder and chief executive of Trivariate Research. Trump’s trade policies are broadly expected to push the US economy into…
Lyft is positioning itself for a larger role in the global rideshare market, even as analysts remain divided on its near-term outlook amid rising competition and macroeconomic uncertainty. A new strategic acquisition, coupled with growing ridership and improving margins, underscores the company’s ambition to rebound from a turbulent few years.On…
President Trump continues to assert that his unprecedented tariffs on other countries will help bring manufacturing back to the US.However, a recent CNBC survey suggests there are several hurdles tied to domestic production that may still discourage American companies from onshoring supply chains. US stocks have recovered some of their…
Japan navigated another year of overall trade deficits, but a ballooning surplus with the United States has emerged as a critical point of focus, particularly as Japanese negotiators engage in tense discussions with the Trump administration over potential and existing tariffs. Finance Ministry data released Thursday paints a complex picture…
Strava, the fitness tracking platform with over 150 million users globally, announced on Thursday that it has entered into a definitive agreement to acquire Runna, a UK-based tech company known for its personalized running training plans and coaching. The move signals Strava’s growing ambitions in the booming running space and…
Shares of Wipro Ltd dropped as much as 6.3% on Thursday after the IT services firm issued a disappointing revenue forecast for the June quarter, raising concerns of a third consecutive year of decline amid persistent global tech spending cuts.India’s fourth-largest IT exporter said on Wednesday it expects revenue in…
Vietnam, a country heavily dependent on coal for its energy needs, has ambitious plans to significantly increase its power generation capacity by 2030.The country’s newly revised national power plan outlines a strategy that prioritises a shift towards renewable energy sources and the introduction of nuclear power, according to a Reuters…
European stock markets started Thursday on the back foot, with a sense of anticipation hanging in the air as investors waited for the European Central Bank’s latest word on interest rates. While the broader market mood was cautious, some major corporate developments sparked significant individual stock movements.The main pan-European benchmark,…