German inflation hit 9.2 percent in the five months to January, according to late data that may require an upward revision to last week’s euro zone figures. The federal statistics agency said annual inflation was down from 9.6 percent in…
The Adani Group is not playing a “con game” but has exploited the “weakest link” in Indian institutions to its advantage, according to NYU “Dean of Valuation” Aswath Damodaran. A finance professor at the Stern business school says the fundamentals…
Yum China’s parent KFC, Pizza Hut, and Taco Bell have found new ways to adapt their products to China’s changing demographics: targeting pet owners, in addition to parents. “Many young people have pets,” said Joey Wat, CEO of Yum China,…
Global index provider MSCI is set to change its weighting on Adani Group shares after reviewing how much the stock can trade freely, in a further setback for the Indian conglomerate reeling from fraud allegations. MSCI said “certain investors” in…
The shares of Nel Hydrogen Norway are expected to rise by more than 20% thanks to the latest set of green subsidies in both the US and Europe, according to Morgan Stanley. Nel, founded in 1927, produces hydrogen using renewable…
The strength of that prediction is why economists and analysts are once again paying attention to lumber: After nosediving to $383 per thousand board feet by the end of 2022, lumber futures jumped 19% to $454 on Wednesday. Does the…
The Shanghai-based car sensor maker has become the biggest Chinese group to go public in the US from 2021, in a deal executives hope will ease tensions for nearly two years when the listing ends. Hesai Technologies, which supplies laser-based…
Employees work on an electronics production line on February 2, 2023, at a factory in Longyan, Fujian province in China. China News Service | China News Service | Getty Images BEIJING – For some factories in China, it is not…
The opportunity to gamble has moved from a trip to Vegas, to a drive to a local casino, to a phone in your pocket. And if you are a sports fan, the nudges to place a bet are almost impossible…
Business lobby groups are calling on the government to kick-start economic growth by including tax cuts for billions of pounds of investment and policies to tackle labor shortages in the Budget. Chancellor Jeremy Hunt is expected to offer modest help…