Economy
Brazil’s WEG reports second-quarter earnings miss amid geopolitical uncertainty, shares fall
WEG, a Brazilian motor maker, recently reported a 10.4% increase in second-quarter net profit, falling short of market expectations due to global economic volatility. This news caused a sharp decline…
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Lasted Economy
Oil price falls back as flow of crude through Strait of Hormuz unaffected
Oil markets have remained steady despite the recent threats from Israel to topple the Iranian regime. The Financial Times analysis…
Ninety One to complete Sanlam Investments UK transfer
Ninety One UK Completes Transfer of Sanlam Investments UK's Active Asset Management Business Ninety One UK is set to finalize…
Amex Platinum, Chase Sapphire get 2025 refresh
The rivalry between JPMorgan Chase and American Express in the premium credit card space is about to heat up once…
China retail sales jump while industrial growth slows on trade war turmoil
Stay updated with the latest developments in the Chinese economy by signing up for the Chinese economy myFT Digest. Get…
India vehicle market forecast to strengthen in coming months – GlobalData
India’s Light Vehicle (LV) wholesale figures for April saw a 7% decrease from the previous month, dropping to 405k units.…
Why is the oil price not surging?
Israel’s recent attack on Iranian nuclear facilities has sparked a volatile situation that continues to escalate with back-and-forth missile volleys.…
Trump grumbles the Fed is losing a race with Europe to cut interest rates. Is he right?
The Federal Reserve meeting this week is not expected to be a dramatic affair. With concerns lingering over the impact…
Renault shares slide as chief executive Luca de Meo quits to lead Kering
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter.…