Business News

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  The global market spotlight on Monday looks set to zoom in on the dollar, especially its performance against emerging market currencies, after U.S. President-elect Donald Trump’s weekend warning against the so-called ‘BRICS’ nations. In a social media post on Saturday, Trump … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Negotiations over the first legally binding UN treaty on plastic pollution collapsed in the final stage of discussions, after oil-producing nations led by Saudi Arabia and Russia blocked efforts by 100 countries to place limits … Read more

Stellantis NV Chief Executive Officer Carlos Tavares is stepping down after profit slumped and US sales weakened at the maker of Jeep SUVs and Fiat cars, which will be run by an interim committee headed by Chairman John Elkann. A new CEO will be named in the first half of 2025, the company said in … Read more

No income investor buys shares of a dividend-paying company expecting that it will suspend its distributions at some point. Quite the contrary, dividend investors want those payouts to keep going and growing for as long as possible — preferably forever. Unfortunately, many companies will, at some point, have to resort to dividend cuts because of … Read more

Sean Gallup Stellantis (NYSE:STLA) chief executive Carlos Tavares has reigned, the maker of Jeep and Fiat said on Sunday, as the automaker battles a profit slump and weakened U.S. sales. Tavares will hand over the reigns to a newly created interim committee headed by

OSLO (Reuters) -Norway will not proceed with plans to conduct deep-sea mining, the SV party which supports the minority centre-left government said on Sunday, after it concluded negotiations over next year’s budget with the coalition. “We are stopping plans to open mining on the sea bed,” Kirsti Bergstoe, leader of the green leftwing SV party, … Read more

For more than a year, as conflicts between Israel and Iranian-backed forces spread across the Middle East and spilled into his own country, Syrian President Bashar al-Assad was conspicuously silent. With a long civil war still simmering in Syria, the state broken and bankrupt, and the backers that propped up his regime — Russia, Iran, … Read more

Chow Tai Fook Jewellery’s new flagship store, which opened in Hong Kong’s Central neighborhood in September, has a subtle design, as does much of the jewelry sold inside. The name above the door doesn’t sport the Chinese characters for “Chow Tai Fook” shown prominently atop the retailer’s thousands of other outlets. And inside, the store’s … Read more

Robert Way Fidelity marked up the value of its holdings in Elon Musk’s X by 32.37% in October, Axios reported Sunday, possibly boosted by the social media’s stake in xAI. Despite the markup, Fidelity still values the platform formerly known as Twitter at a