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Shares in German sportswear company Puma jumped sharply after news broke that China’s Anta Sports Products would acquire a major stake in the brand, immediately shifting investor sentiment and signaling a major change in the company’s ownership structure. The announcement pushed Puma’s stock up by around 15% in early Frankfurt trading, as markets reacted to…
Libya is preparing to sign a major long-term energy agreement that signals renewed ambition to stabilise and expand its oil sector through large-scale international cooperation. The agreement will be signed with France’s TotalEnergies and U.S.-based ConocoPhillips and will run for 25 years, marking one of the most significant foreign-backed energy commitments in the country’s recent…
Gold prices surged past $4,800 on Wednesday, marking a fresh record as investors sought refuge amid White House tariff threats and renewed concerns over a potential global trade war. The rally follows a record-breaking 2025, with momentum carrying into 2026 as analysts highlight geopolitical uncertainty, falling real interest rates, and central bank efforts to diversify…
Goldman Sachs reported fourth-quarter profit that exceeded expectations, driven by strong equities trading and asset and wealth management. The bank announced earnings of $14.01 per share, compared with a $11.67 per share estimate from LSEG analysts. Revenue reached $13.45 billion, slightly below the $13.79 billion forecast. Profit rose 12% from a year earlier to $4.62…
Global markets were jolted on Monday as investors reacted to mounting concerns over the political independence of the Federal Reserve. Precious metals surged to record levels, the U.S. dollar weakened, and stock markets swung sharply as uncertainty took hold. The volatility followed an announcement from Federal Reserve Chair Jerome Powell that he is under criminal…
Laura Geller is an American makeup artist and entrepreneur who has built a widely recognized cosmetics brand. Born in 1958 in the Bronx, New York, she developed a passion for beauty from a young age. Her early fascination with makeup and design led her to pursue a career in the cosmetics industry. Laura Geller began…
Timothy Mellon is an American businessman and heir to one of the country’s most famous banking fortunes, with a net worth of around $2 billion. Born into the Mellon family in Pittsburgh, Pennsylvania, on July 22, 1942, he grew up surrounded by wealth, influence, and philanthropy. His grandfather, Andrew Mellon, served as U.S. Treasury Secretary…
Sriram Krishnan’s net worth is estimated to be $40 million by various sources. Sriram Krishnan is a technology executive, investor, writer, and podcast host who has made a significant impact in Silicon Valley. He has built a career spanning software engineering, product management, and executive leadership across some of the world’s most influential tech companies….
Government partnership models have become an increasingly prominent feature of public policy in the United States, as federal, state and local authorities seek new ways to deliver infrastructure, services and innovation in a challenging fiscal environment. These models, which typically involve collaboration between government bodies and private sector or nonprofit partners, are now firmly supported…
In the United States, cannabis laws are evolving rapidly, creating a complex landscape that differs sharply between federal and state regulations. Understanding the distinction between CBD (cannabidiol) and THC‑rich marijuana is crucial, as each faces distinct legal treatment. CBD is widely used for therapeutic purposes without producing a psychoactive high, whereas marijuana contains THC, the…