Finance - Page 20

US President Donald Trump’s “One Big Beautiful Bill Act (OBBBA)”, which cuts incentives for renewable energy, has triggered mergers and asset sales in solar and wind energy companies. The new law eliminates

The US Federal Reserve (Fed) is concluding one of its most politically charged meetings in years on Wednesday. The general market expectation is a quarter-point interest rate cut. However, some members argue

Nestlé chairman Paul Bulcke’s early departure is seen by investors as an opportunity for the company to accelerate growth and focus on underperforming units. Bulcke will hand over his position to former

The union representing metalworkers at Brazilian aircraft manufacturer Embraer has announced an indefinite strike. Workers at the headquarters and main production line in Sao Jose dos Campos claim the company has refused

Kenya aims to sign a trade agreement with the US by the end of the year. Commerce Minister Lee Kinyanjui said this would be a guarantee for exports should the current Africa

Markets are pricing in a broad rally accompanied by record high stocks, falling bond yields and the weakest dollar in two months ahead of the two-day Fed meeting. A 0.25% interest rate

Wall Street is on edge ahead of the US Supreme Court’s critical decision on the constitutionality of tariffs. A possible annulment could lead to major upheavals in Corporate America and raise questions