The apparel retailer’s new leadership is bringing excitement back to all of its brands without sacrificing profitability. https://www.wsj.com/articles/gaps-look-is-finally-back-on-point-ffc8f455
Nigeria plans to reduce the number of levies in Africa’s most-populous nation by more than 87% in a bid to make it easier for residents to pay taxes and boost revenue. from Bloomberg Markets https://ift.tt/ugQVP1Y
Donald Trump was found guilty in the first criminal trial of a former US President in the nation’s history. However, a growing number of prominent figures in US business and finance are lining up to support Trump’s bid for the White House. Annmarie Hordern has the details in today’s “Big Take.” (Source: Bloomberg) from Bloomberg…
Japan spent 9.789 trillion $62.42 billion on currency intervention between April 26 and May 29, Finance Ministry data showed Friday. https://www.wsj.com/articles/japan-data-confirms-first-currency-intervention-since-2022-97c89dbc
Parts of the country are experiencing brutal heatwaves, with temperatures touching 50C in some areas. https://ift.tt/NmZl3dC May 31, 2024 at 10:46AM
African nations will spend $75 billion on debt interest payments this year, money they desperately need for pressing issues such as social spending and public investments, according to the African Development Bank. from Bloomberg Markets https://ift.tt/LTmald9
Chilean President Gabriel Boric is increasingly grappling with a progressive campaign promise that has proved harder in practice to fulfill: forgiving $12 billion in student loans. from Bloomberg Politics https://ift.tt/ZqVRyx7
Japan spent a record ¥9.8 trillion ($62.2 billion) in the past month to prop up the yen, surpassing the amount it used in 2022 to defend the currency after it fell to a 34-year low against the dollar. from Bloomberg Markets https://ift.tt/ar8CbS9
Trump critics and supporters provided enthusiastic reactions outside the courtroom where former President Trump was convicted on all counts against him on Thursday, including some who shared their thoughts with Fox News Digital. “I’m really f—— pleased, f— that guy,” one man told Fox News Digital outside the courtroom with a smile on his face.…
After a tense meeting with an official, hostage representatives think the government is now prioritizing the destruction of Hamas over freeing the hostages. https://www.wsj.com/articles/israeli-families-say-government-has-given-up-on-gaza-hostages-3f2e5523