Tilman Fertitta, the billionaire businessman and owner of the Houston Rockets, may face a significant pivot if confirmed as the U.S. ambassador to Italy. Speculation surrounds whether he will step back from his extensive business empire to focus on diplomatic duties.
Eduardo Elsztain, a prominent Argentine businessman, is gaining attention for his close relationship with Javier Milei, the country’s controversial political figure. As a key advisor, Elsztain’s influence may shape Milei’s economic policies and future reforms in Argentina.
Deutsche Bank is set to assist Italy’s defense giant Leonardo in ongoing negotiations with Airbus and Thales. The anticipated talks, which could reshape partnerships in the aerospace sector, highlight Leonardo’s ambitions for growth in a competitive market.
Italy is reconsidering its agreement to utilize Elon Musk’s Starlink satellite internet service. Concerns over data security, regulatory compliance, and the impact on national infrastructure have led to increased scrutiny of the initiative.
Elon Musk’s growing political clout may provide a strategic advantage in penetrating the Indian market. With aspirations for Tesla’s expansion and Starlink’s deployment, Musk’s ability to navigate India’s complex regulatory landscape could be pivotal.
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.
In a recent statement, Canadian leadership candidates sparked controversy by suggesting a potential 100% tariff on Tesla vehicles. This claim has raised eyebrows as experts urge a fact-check, emphasizing the economic implications and diplomatic considerations involved.
Nepal’s newly constructed airport, built with Chinese investment, is set to welcome its first international flight, sparking cautious optimism among officials. They hope this milestone will boost tourism and strengthen regional connectivity.
Cristina Junqueira, co-founder of Brazilian fintech Nubank, is revolutionizing the banking landscape by prioritizing transparency and accessibility. Her innovative approach challenges traditional banks, empowering millions in Brazil with user-friendly financial services.
Japan’s ruling party has proposed capping the tax rate on cryptocurrencies at 20%, aligning it with the tax rate for stocks. This move aims to stimulate investment in digital assets and enhance the country’s attractiveness in the evolving crypto landscape.
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.
Lithium Argentina appears stable amidst growing demand for electric vehicle batteries. Analysts highlight the country’s rich resources and strategic partnerships as key factors, suggesting a solid foundation for future growth and investment opportunities.
In recent years, Spain has emerged as a ‘tax trap’ for British expats, as stringent fiscal policies and evolving regulations lead to unexpected financial burdens. Brits must navigate complex tax laws, risking hefty penalties and diminished retirement savings.
Brazil and Eletrobras have reached an agreement concerning voting power and the management of a nuclear plant. This deal aims to stabilize governance within the state-controlled energy sector, enhancing decision-making and operational efficiency.
The Italian government has reduced the asking price for a historic brownstone in New York City that was once owned by fashion icon Calvin Klein. The notable property, which combines luxury living and cultural significance, now presents a unique investment opportunity.
China’s investment in next-generation computer chip research has surged, with recent data revealing its output is now double that of the United States. This shift underscores China’s ambition in semiconductor technology, raising concerns over global tech leadership.
ITP Aero has inaugurated a state-of-the-art manufacturing center in Zamudio, Spain, enhancing its capabilities in advanced aerospace components. This facility is expected to boost production efficiency and support the company’s growth in the aviation sector.
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.
Hayden Davis, dubbed the “Hustling Expert,” is at the center of Argentina’s staggering $250 million crypto scandal. His controversial tactics and sharp business acumen have drawn scrutiny, raising questions about the future of cryptocurrency in the region.
Spain’s economy has transformed from crisis to strength, boasting robust growth and low unemployment. Strategic reforms, strong exports, and a burgeoning tech sector have positioned it as a model for European recovery, drawing admiration and investment.
