Wells Fargo is extending an investment-banking hiring campaign that executives say is translating into more corporate advisory work and a rapid rise in league-table standings. The effort gained momentum after regulators lifted a punitive cap on the bank’s assets in June 2025, a restriction imposed for about seven years after the lender’s fake-accounts scandal. In an interview, Fernando Rivas, chief…
In a decisive move, Canadian Prime Minister Mark Carney announced that Canada is targeting a doubling of its exports to countries other than the United States within the next decade. Addressing business and industry leaders ahead of the federal budget release, Carney described the nation’s longstanding reliance on U.S. trade ties as increasingly risky. He said the dominance of American-bound exports…
The plant-based food company Beyond Meat saw its shares surge dramatically after announcing that key products will be available at over 2,000 Walmart stores across the United States. The agreement covers items such as “Beyond Burger 6-packs” and “Beyond Chicken Pieces,” marking a significant expansion in retail distribution. Distribution Expansion Boosts Market Buzz On Tuesday, the company’s stock price leapt to…
Warner Bros. Discovery (WBD) has announced that its board of directors will undertake a comprehensive strategic review following multiple unsolicited approaches for either the full company or its studio operations. According to the company’s disclosure, the intention is to evaluate a broad set of alternatives, including a full sale or the divestiture of specific business units. Board Signals Willingness to…
Third-Quarter Data Highlights a Weaker Expansion China’s economy grew 4.8% year-on-year in the third quarter of 2025, marking its slowest pace since late 2023 and slightly below analysts’ expectations of 5%. The figure compares with 5.2% growth in the second quarter and underscores the difficulty Beijing faces in sustaining momentum amid property market stress, subdued consumer sentiment, and ongoing trade…
France finds its public finances under severe strain as the government grapples with simultaneous political stalemate and mounting expenditures. The deadlock stems from President Emmanuel Macron’s inability to push through reforms following Parliamentary opposition, forcing the state to rely instead on emergency measures. Analysts warn that this lack of clear direction has weakened investor confidence and exacerbated pressure on the…
A recent announcement by Stellantis NV, the multinational automotive conglomerate, that it would transfer Jeep manufacturing from Ontario to Illinois has triggered a sharp response from Canadian officials. The move, confirmed earlier this month, provoked criticism from Ontario Premier Doug Ford, who accused the company of undermining Canadian jobs and urged the provincial government to consider retaliatory measures. Production Shift…
