Shipping companies remain cautious about returning to the Red Sea despite a ceasefire deal. Shippers Hesitant to Return to Red Sea After Israel-Hamas Agreement Tel Aviv: Shipping companies are being super careful about going back to the Red Sea. This comes after the Houthis in Yemen hinted they might pause their attacks on commercial ships.…
French cognac producers ramp up shipments to the U.S. as they brace for potential tariffs and see rising demand French Cognac Exports to US Surge Ahead of Trump Inauguration Paris: So, it looks like French cognac makers are really stepping up their game. They’ve been sending a lot more cognac to the U.S. in December.…
A lawsuit claims Procter & Gamble misled consumers about Charmin’s environmental impact Procter & Gamble Faces Lawsuit Over Alleged Greenwashing of Charmin Seattle: So, there’s this lawsuit going around that’s got Procter & Gamble in hot water. It’s all about Charmin toilet paper and some serious claims of greenwashing. Basically, a group of eight consumers…
Bitcoin’s price has soared over $100,000, fueled by expectations of early crypto initiatives from Trump. Bitcoin Surges Past $100,000 as Trump Prepares for Crypto Action Washington: Bitcoin is making headlines again, hitting over $100,000 early Friday. The crypto world is buzzing with excitement, especially with Trump set to take office next week. It’s wild to…
The Bank of Canada emphasizes that exceptional monetary policies should only be used in extreme economic situations. Bank of Canada Sets High Bar for Reopening Covid-19 Economic Playbook Toronto: The Bank of Canada has made it clear that it will only use extraordinary monetary policy tools like quantitative easing in very serious economic situations. They…
Fitch’s new ratings head aims to understand Trump’s impact on US credit ratings by summer Fitch’s New Rating Chief Seeks Clarity on US Policy Under Trump LONDON: So, Fitch’s new head of sovereign ratings, James Longsdon, is diving into how Trump’s second term might shake up the U.S. credit rating. He thinks by summer, they’ll…
The U.S. aerospace group is ready to discuss tariffs to bolster national security and support key industries amid trade tensions. U.S. Aerospace Group Open to Tariffs for National Security and Industry Support Montreal: So, the big news is that the largest aerospace trade group in the U.S. is open to chatting about tariffs. This comes…
The IMF has raised the UK’s growth forecast, but support for Reeves’ budget remains lukewarm amid economic challenges IMF Offers Tepid Support to Reeves as UK Growth Forecasts Improve Slightly London: The International Monetary Fund has given Rachel Reeves a bit of a boost, but it’s not exactly a standing ovation. They’ve upped the UK’s…
Yahoo Finance readers share their thoughts on Shein’s potential UK stock market listing amid concerns over labor practices Should Shein Be Allowed to List on the UK Stock Market? Readers Weigh In London: So, Shein is looking to list on the UK stock market, right? They’re hoping to do it by mid-year if everything goes…
The IMF has raised its global growth outlook but warns of increasing economic divergence, especially between the US and Europe. IMF Boosts Global Growth Forecast While Warning of Economic Disparities Washington: The IMF’s chief economist, Pierre-Olivier Gourinchas, recently shared some insights about the global economy. He mentioned that while global growth is expected to rise…
