Argentina is reeling from a staggering $4.6 billion cryptocurrency theft, marking the largest crypto scandal in history. Investigations are underway as authorities work to uncover the masterminds behind this unprecedented heist, raising alarms about security in digital finance.
In the March 8 Powerball drawing, the jackpot soared to an impressive $320 million. Players eagerly awaited the winning numbers, as millions across the nation hoped to strike it rich. Stay tuned for updates on this exciting lottery event.
Japan’s Seven & i Holdings has announced a major restructuring plan and the appointment of a new CEO as it aims to counter a $47 billion takeover bid. The move reflects the company’s strategy to enhance competitiveness in a challenging retail landscape.
Japan’s largest union group is calling for the most significant wage increase since 1993, emphasizing the need to combat rising living costs and enhance worker livelihoods. This demand comes as inflation pressures mount, prompting a potential shift in corporate wage policies.
PepsiCo aims to double its revenue in India over the next five years, bolstering its investment strategies in the region. The company plans to enhance its product offerings and expand distribution networks to capture a larger market share.
In response to a $47 billion takeover bid, 7-Eleven’s Japanese parent company, Seven & I Holdings, has appointed an American CEO. This strategic move aims to strengthen the company’s position and navigate the complexities of a potential acquisition.
U.K. stocks closed higher as the trading session wrapped up, with the Investing.com United Kingdom 100 index advancing by 0.02%. Investors remained cautious, reflecting broader economic concerns while seeking growth opportunities in key sectors.
CNBC’s “Inside India” newsletter analyzes optimism surrounding Indian consumption stocks, anticipating a boost from potential tax cuts. Investors are closely monitoring government policies that could influence market dynamics and consumer spending trends.
Tesla experienced a significant downturn in German sales, plummeting 76% in February, according to Reuters. This sharp decline raises concerns about the company’s competitiveness in the European electric vehicle market amid increasing local competition.
Germany’s recent spending plans have sparked concerns in global markets, leading to a decline in the 10-year Treasury note and the dollar. Analysts fear increased fiscal stimulus in Europe could draw investment away from U.S. assets, heightening volatility.
India may avoid the Trump administration’s tariffs set to begin on April 2, according to sources. Negotiations are ongoing, focusing on trade imbalances and tariffs on Indian goods, potentially allowing for exemptions or reduced rates.
En-Japan (TSE: 4849) has confirmed its dividend of Â¥70.10, reflecting the company’s commitment to rewarding shareholders. This decision underscores En-Japan’s stable financial performance and strategic focus on delivering consistent returns.
Global stock markets took a hit as President Trump announced new tariffs on Canada, Mexico, and China, escalating trade tensions and raising concerns about potential economic repercussions. Investors reacted swiftly, driving down major indices.
Amidst economic uncertainties, Germany’s Finance Minister Christian Merz has initiated a fiscal awakening aimed at revitalizing the nation’s economy. His strategic policies may steer Germany back on track, fostering growth and stability in the Eurozone.
UK Finance Minister has emphasized the necessity of “give and take” in ongoing negotiations to prevent the imposition of tariffs by the US. This statement reflects concerns over potential trade barriers that could impact UK businesses amid turbulent economic conditions.
China aims for a GDP growth target of “around 5%” in 2025, signaling a strategic pivot amid rising trade concerns. The government has outlined a suite of stimulus measures to bolster economic stability and enhance domestic demand.
Australia’s GDP growth accelerated by 0.6% quarter-on-quarter in Q4, driven by robust consumer spending and investment. This positive economic trend reflects resilience amid global uncertainties, boosting confidence in the nation’s recovery.
Air France’s CEO has announced the airline’s readiness to submit a bid for Portugal’s TAP Air Portugal. This potential acquisition reflects Air France’s strategic growth plans amid the evolving European aviation landscape. Further developments are anticipated.
Eurasia Mining, a UK-based resource company, is gaining attention for its growth potential amid rising commodity prices. Alongside this, two other penny stocks show promise, reflecting investor optimism in the UK’s emerging market landscape.
The Canadian dollar and Mexican peso hit one-month lows as U.S. tariffs on imports exerted downward pressure on both currencies. Analysts warn that ongoing trade tensions could further destabilize the exchange rates in the near term.
