Mar 21, 2025 | Markets
Speculative traders in the $7.5-trillion-a-day currency market turned bearish on the US dollar for the first time since Donald Trump won the US presidential election last year. Hedge funds, asset managers and other traders have amassed $932 million worth of bets that...
Mar 21, 2025 | Markets
Nike Inc. shares tumbled on Friday, sending the sportswear company’s market value below $100 billion for the first time since the depths of the Covid-19 pandemic after its earnings report signaled that revenue and profitability will remain under pressure. Its shares...
Mar 21, 2025 | Markets
Shares of Micron Technology Inc., the largest US maker of computer memory chips, fell after the company reported that margins will miss analysts’ estimates this quarter. Micron’s gross margins were 37.9% in the second quarter on an adjusted basis, the company said...
Mar 21, 2025 | Markets
The investment firm controlled by the billionaire Peugeot family plans to overhaul its assets after a series of missteps and as a new generation prepares to take over. “We have started to reposition the portfolio,” Peugeot Invest SA’s new chief executive...
Mar 21, 2025 | Markets
Three decades ago, Canada published a report about its future military plans. “The Cold War is over,” its first chapter began, before outlining the government’s massive budget pressures and proposing cuts to personnel and defense spending. Then came a warning: “Canada...
