BusinessDay
Electronics retailer Best Buy on Thursday delivered a sales outlook that missed analysts’ expectations, citing “uncertainty” related to consumer behaviour and the impact of recent tariffs....
The world’s largest and most influential bond manager has called on the Federal Reserve to cut interest rates more aggressively than it is expected to, warning that recent data points are underestimating the extent of the American economy’s slowdown....
Italy’s president Sergio Mattarella on Thursday offered outgoing prime minister Giuseppe Conte a fresh mandate to try to form a new coalition of the anti-establishment Five Star Movement and centre-left Democratic party (PD)....
Until a year ago, Friday Ighodaro spent three or four nights a month getting pulled out of his 30-tonne Steyr truck on the unlit highways of rural Nigeria by armed robbers. They know that long-haul truckers carry cash advances for provisions along the way, he said....
Mexico has reached a deal with gas transportation companies to settle a dispute that had raised fears that the government of President Andrés Manuel López Obrador would not respect previously agreed contracts, threatening fragile business confidence....
Fears over a recession are once again stalking markets, but many investors and analysts are more worried about a deeper, more structural shift: that the world economy is succumbing to a phenomenon dubbed “Japan- fiction”....
The Thai owner of the gourmet grocery and café brand Dean & DeLuca plans to issue $60m of long-term debt in a bid to revive the US fortunes of a chain that was a pioneer in selling pricey curated cheeses, olive oils, and cakes....
Brazil’s president, Jair Bolsonaro, said he would only consider accepting an aid package to help put out fires raging across the Amazon rainforest if his French counterpart, Emmanuel Macron, takes back his “insults”....
When Justin Trudeau vowed that Canada would “not escalate but . . . not back down” in its diplomatic spat with China last week, Beijing dismissed the comments as “loudness”....
Iran’s President Hassan Rouhani has ruled out holding talks with Donald Trump until the US has agreed to lift all its sanctions on the Islamic republic, warning that he would not take part in a photo opportunity....