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Maersk shares surge after shipping firm extends Red Sea pause, freight rates rise
Shipping giant Maersk on Wednesday notched a second consecutive session of strong gains as investors assessed a ratings upgrade and its decision to prolong a halt on Red Sea travel due to safety concerns. The Danish firm topped Europe’s Stoxx 600 gainers, with its Copenhagen-listed shares provisionally closing up 5.1% following Tuesday’s 6.4% rise. Shares…
The New Global Shuffle: How Shifting Economies Are Rewriting the Rules of Power
The world is moving through one of the most dramatic economic transformations in modern history. Old powers are recalibrating, emerging markets are rising, and technology is redrawing the boundaries of influence faster than governments can regulate it. What was once a predictable global order—dominated by a few major economies—is now a dynamic, decentralized system where…
New England Patriots coach Bill Belichick leaving team after 6 Super Bowl rings
Bill Belichick of the New England Patriots looks on against the Indianapolis Colts of the 2015 AFC Championship Game at Gillette Stadium last Sunday. Getty Images Bill Belichick “amicably” stepped down as coach of the New England Patriots, ending a decadeslong run that produced an unprecedented six Super Bowl victories, he and the club said on Thursday. The 71-year-old,…
Avoid these possible earnings blowups as reporting season begins, Wolfe Research says
There are some names this upcoming earnings season investors may want to steer clear from, according to Wolfe Research. The reporting period kicks off in earnest Friday, with JPMorgan Chase , Bank of America and Citigroup among the companies slated to post fourth-quarter results. Data from FactSet shows that S & P 500 earnings are…
Italy’s Meloni under pressure to condemn fascist salutes at Rome event
Comment on this storyComment Add to your saved stories Save ROME — In a chilling echo of the era of Benito Mussolini, a male voice yells out, “For all fallen comrades,” prompting a throng of right-wing supporters on a Roman street to declare themselves “present” in unison and give the fascist salute. That scene —…
