Economy
Global Trade Defies Protectionism, Finds Resilience
A Business Daily episode examined why global trade remains resilient despite accelerating protectionism and tariffs, with insights from Jennifer Pak and Trevor...
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Stocks
Short Covering Drives Broad Wheat Rally Across Key Exchanges
Wheat futures experienced a significant rally across all three major markets on Friday, fueled by notable short covering as February concluded. Export...
Economy
China’s Inflation Cools as Iran War Oil Shock Starts to Ease
China's factory-gate and consumer inflation decelerated in July, signaling a potential easing of cost pressures stemming from the oil shock initiated by...
Stocks
QVC Group Exits Bankruptcy With $600M Asset-Backed Facility
QVC Group has completed its financial restructuring, emerging from bankruptcy with over $5 billion in debt reduction and access to a new...
Stocks
BMY-AZN Merger Denial Puts Pharma M&A Outlook in Focus
A Financial Times report of BMY-AZN merger talks was swiftly denied by Reuters sources, reigniting debate on Big Pharma M&A prospects. Seeking...
Stocks
Berkshire Hathaway Deploys Cash: $24.5 Billion Invested in Q2
Berkshire Hathaway significantly reduced its cash pile in Q2, deploying $4.5 billion in share buybacks and nearly $20 billion in equity purchases...
Stocks
Google AI Leadership Shift Prompts Investor Scrutiny
Alphabet investors are assessing recent AI leadership changes at Google, with Seeking Alpha analysts beginning to weigh in on potential concerns.
Economy
Andy Burnham Begins Cost of Living Tour as Opposition Cries Hypocrisy
Prime Minister Andy Burnham starts a UK tour to address the cost of living, promising "pro-consumer measures." He faces immediate opposition accusations...
Markets
Oil Holds Steady as Hormuz Talks Progress Amid Regional Tensions
Oil prices remained stable as markets watched U.S.-Iran talks on the Strait of Hormuz. Diplomatic progress is noted, but regional security risks...
Markets
Musk’s 20% Tesla Stake: Power Dynamics for Shareholders
Elon Musk's 20% ownership of Tesla, valued at $200 billion, grants him significant control, potentially allowing his interests to supersede those of...
Stocks
Global Sugar Futures Soar on Deepening Production Worries
Global sugar prices surged, pushing futures to multi-month highs, as mounting concerns over diminished worldwide production and looming deficits intensify. Adverse weather...
Economy
Ancient Greece’s Economy: Oxen, Wine, and Trust Drove Commerce
The recent success of Christopher Nolan's 'The Odyssey' spotlights the ancient economy of Homeric Greece, where financial life operated without coinage, banks,...