Friedrich Merz, the leader of Germany's Christian Democrats (CDU), recently proposed a reform of the nation's stringent debt brake, which currently limits the public deficit to 0.35% of GDP. This move has sparked a notable debate within the party, particularly among its influential
December 23, 2024International Business Machines (NYSE:IBM) recently experienced a notable shift in its stock rating as StockNews.com downgraded the company’s rating from “buy” to “hold.” This change was announced on November 22nd, 2024, and represents a significant development in the assessment of IBM’s stock perfo
November 22, 2024In the world of international business and finance, the Global Business & Finance Association (GBFA) has emerged as a significant force since its establishment in 2018. With a mission centered around promoting knowledge sharing, supporting business expansion, and fostering entrepreneurial
October 14, 2024Small and medium-sized businesses (SMBs) in the UK are facing unprecedented economic challenges driven by rising costs and increasing financial pressures, with 70% fearing closure due to escalating expenses. These concerns span a variety of areas, including material costs, hidden banking fees,
September 30, 2024The European Commission (EC) has launched unannounced antitrust inspections at financial services companies in two unnamed member states, focusing on financial derivatives—a key component of the global financial market. These inspections are part of the EC's broader efforts to enforce fair c
September 27, 2024Walmart, America's largest retailer, is reinforcing its international business strategy to spur growth, particularly in markets like China, Mexico, and India. The company has streamlined its global operations by exiting unprofitable markets such as Brazil, Argentina, the UK, and Japan, under
September 24, 2024