JPMorgan engineers’ efficiency jumps as much as 20% from using coding assistant
By Haripriya Suresh BENGALURU (Reuters) – Tens of thousands of JPMorgan Chase software engineers increased their efficiency, delivering products 10% to 20% faster by using a coding assistant tool developed…
Trump’s 200% Tariff on European Alcohol: How It Could Reshape Markets & Portfolio Strategies
A new trade war battleground is emerging, and this time, it’s hitting European wines, champagnes, and spirits—a $40 billion industry with deep ties to the hospitality sector. In a major…
Paralysis Amidst Market Turmoil: Navigating Uncertainty with Strategic Investment 🛑📉
In today’s volatile financial landscape, many investors find themselves paralyzed by uncertainty, unsure of how to proceed. Recent market fluctuations, driven by geopolitical tensions and economic policy shifts, have exacerbated…
Tesla says it can be a target to retaliatory tariffs
(Reuters) – Elon Musk’s Tesla said in a letter to the US trade representative Jamieson Greer that President Donald Trump’s trade war could make it a target for retaliatory tariffs…
Adobe beats first-quarter revenue estimates on strong software demand
(Reuters) -Adobe beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from strong spending on its portfolio of design products that boast artificial intelligence features. The company reported revenue…
AI to fuel bumper year for M&A in US power sector
By David French, Isla Binnie and Mrinalika Roy (Reuters) – Dealmakers expect 2025 to be a bumper year for mergers and acquisitions in the U.S. power industry, with a voracious…
Blackstone evaluates options for Reese Witherspoon’s Hello Sunshine, sources say
(Reuters) – Blackstone is exploring options for Hello Sunshine, one of the best-known assets in the portfolio of its Hollywood media company, Candle Media, including the possibility of combining it…
JPMorgan downgrades South African equities on economic slowdown concerns
(Reuters) -J.P.Morgan on Tuesday downgraded South African equities to “neutral” from “overweight,” citing concerns over an economic slowdown and the effectiveness of the country’s policy reforms. “While South Africa’s investment…
Measles cases in Texas, New Mexico rise by 28 in five days as outbreak spreads
By Bhanvi Satija (Reuters) – Texas and New Mexico on Tuesday reported an increase of 28 cases of measles in the last five days, bringing the total known infections to…
US job openings rise, layoffs low before Trump policy shifts
By Lucia Mutikani WASHINGTON (Reuters) -U.S. job openings increased in January, but demand for labor is likely to soften in the months ahead amid concerns that uncertainty over import tariffs…