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...
Mar 20, 2025 | Markets
US Treasuries consolidated gains in a choppy trading session with markets remaining confident that policymakers at the Federal Reserve are still on a path toward lower interest rates. The advance on Thursday briefly pushed yields on five-year notes below 4% for the...
Mar 20, 2025 | Markets
Accenture warned Thursday that cost-cutting measures led by Elon Musk’s Department of Government Efficiency will hurt its bottom line because several multi-million dollar contracts were canceled — sending shares tumbling 7%. The consultancy giant’s CEO Julie Sweet...
Mar 19, 2025 | Markets
The Federal Reserve needs to make it clear at its policy meeting this week that it may have to cut rates if there are continuing signs that the economy is slowing, according to Mohamed El-Erian. For now, the Fed should postpone rate cuts while also avoiding raising...
Mar 19, 2025 | Markets
Cheerios maker General Mills Inc. cut its guidance for fiscal 2025 sales in a sign of slowing consumer spending across the US. Organic sales are expected to fall as much as 2% this year, the company said on Wednesday. General Mills, which is now in its fourth quarter,...
