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World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.

Burberry boss ousted after profit warning issued amid luxury slowdown

Burberry boss ousted after profit warning issued amid luxury slowdown

Burberry said goodbye to its CEO of two years Jonathan Akeroyd as it announced downbeat financial results on Monday. Joshua…
Why Trump’s re-election could hit Europe’s economy by at least €150 billion

Why Trump’s re-election could hit Europe’s economy by at least €150 billion

The potential re-election of Donald Trump as US President poses a significant threat to the eurozone economy, with economists warning…
Coffee prices likely to keep heating up due to ‘terrible’ EU rules

Coffee prices likely to keep heating up due to ‘terrible’ EU rules

A cup of coffee could soon become much more expensive due to new coffee production and deforestation rules, according to…
China crisis? China’s second-quarter GDP falls short of expectations

China crisis? China’s second-quarter GDP falls short of expectations

China released a raft of disappointing economic data, causing its stock markets to fall on Monday. The benchmark Hang Seng…
Portugal celebrates mythical beasts and heroes with Ulysses coin

Portugal celebrates mythical beasts and heroes with Ulysses coin

A new penny will be distributed throughout Portugal from Wednesday that depicts the legendary hero Ulysses, designed by artist Gonçalo…
Ahead in the markets this week: ECB rate decision takes centre stage

Ahead in the markets this week: ECB rate decision takes centre stage

Some influential economic data and events are set to drive sentiment and shape market trends this week. The ECB’s rate…
Price rises brewing for tea drinkers as extreme weather hits harvests

Price rises brewing for tea drinkers as extreme weather hits harvests

Heatwaves and floods have had a hugely detrimental impact on India’s tea production, with excessive heat in May followed by…
Formula 1 turns to AI to speed up connections with worldwide fan base

Formula 1 turns to AI to speed up connections with worldwide fan base

Formula 1 has been sitting at the pinnacle of glamorous celebrity sports since 1950. Currently, races take place in 24…
Vivendi reportedly considering London listing for Canal+ channel

Vivendi reportedly considering London listing for Canal+ channel

The French billionaire Vincent Bollore, who owns Vivendi, announced that he was thinking of listing its pay-TV branch, Canal+ in…
Talks under way to split media empire Axel Springer — sources

Talks under way to split media empire Axel Springer — sources

German billionaire Mathias Döpfner and private equity group KKR are planning to reorganise the media firm Axel Springer, reported the…
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