Category : Markets


Heineken to Cut Up to 6,000 Jobs Globally

Heineken plans to reduce its workforce by up to 6,000 positions over two years, citing weak beer demand, health trends, and economic pressures. The brewer also revised its 2026 profit growth forecast downward.

Asian Shares Advance After Weak US Retail Data

Asian stock markets posted moderate gains on Wednesday, buoyed by mixed US performance and weak holiday retail data that could prompt Federal Reserve interest rate cuts. Key indices in China, Australia, and Taiwan all climbed.

BP Halts Share Buy-Backs as Profits Slide to $7.5bn

BP has suspended share buy-backs after reporting weaker annual profits, with underlying earnings falling to just below $7.5bn for 2025. The oil giant faces pressure as it aims for a turnaround under new leadership.

Global Stocks Hit Record Highs, BP Profits Slump 16%

Global stocks reached new record levels in Asian trade, led by Tokyo's Nikkei, while BP reported a 16% annual profit decline due to lower oil prices. Key US economic data this week could influence market direction.

Fast Food Chains Adapt to Weight-Loss Drug Era

American fast food chains are innovating with protein-focused menus and smaller portions to cater to the growing number of GLP-1 medication users, as studies show changing dining habits.

Dow Jones Hits Historic 50,000 Points Milestone

The Dow Jones Industrial Average has achieved a historic milestone, crossing 50,000 points for the first time. This record-setting surge, driven by AI and tech investments, reflects strong investor confidence in the current economic climate.

FTSE 100 Climbs After Choppy Week Amid US Market Rebound

The FTSE 100 closed up 0.6% on Friday, capping a record-breaking week with a 1.4% gain, while US indices soared. However, data and software stocks fell on AI disruption fears, and Stellantis plummeted 25% after a major loss.

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