Business News

Investing.cm — Citi Research has simulated the effects of a hypothetical oil price surge to $120 per barrel, a scenario reflecting potential geopolitical tensions, particularly in the Middle East.  As per Citi, such a price hike would result in a major but temporary economic disruption, with global output losses peaking at around 0.4% relative to … Read more

Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. British people planning to retire overseas and those already living abroad are the “unexpected beneficiaries” of changes to the non-dom rules outlined in the Budget that could see them escape death duties of 40 per … Read more

Trump-supporting retirees have gone all-in on investing in Trump Media, even as the stock has proven to be volatile.   One user, who only goes by @DTLjohnny, said on Trump Media-owned Truth Social he sunk 98% of his total retirement into the stock. As of September, he estimated he had lost 60% of his investment. Nevertheless, … Read more

Nithin Kamath, CEO and co-founder of Zerodha, has raised concerns about the rising diabetes cases in India. Sharing his thoughts on X (formerly Twitter), he called for immediate preventive steps and systemic changes to tackle this growing health issue. Kamath pointed out that India now has the world’s highest number of diabetes cases, affecting over … Read more

It’s a sure bet that most investors, even those who regularly devour financial media, were until recently not familiar with Heico (NYSE: HEI). The specialty industrial components maker is a decades-old enterprise that operates an unglamorous business and rarely generates attention-grabbing news. Yet it’s been quite the outperformer at times, and if anyone likes a … Read more

TOKYO (Reuters) – The founding family of Japan’s Seven & i Holdings has approached KKR & Co (NYSE:) and other investment firms about participating in the potential buyout of the retailer, the newspaper reported on Saturday. In addition to KKR, the founding Ito family also approached Bain Capital and Apollo Global Management (NYSE:) due to … Read more

Harvey Schein was once one of the most influential of globe-trotting Fortune 500 CEOs.  Darting between New York and Tokyo in the 1970s, he ran the American arm of Sony, a brand that revolutionized consumer technology and helped kick off what became a new digital era.  Schein doubled Sony’s sales in the U.S., making him … Read more

In 2021, the first Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) hit the U.S. market. Following the launch, Morningstar analyst Ben Johnson told investors in no uncertain terms, “These aren’t the Bitcoin ETFs you’re looking for.” That’s because the first generation of Bitcoin ETFs buy and sell futures contracts, rather than investing in the cryptocurrency itself. … Read more

Investing.com — The imposition of tariffs under a potential second Trump administration is expected to prompt a response from affected nations that mirrors the measured retaliation strategies observed during his first term.  Analysts at Capital Economics suggest that while countries are likely to retaliate against the economic strain of U.S. tariffs, these responses will aim … Read more