US Tariffs on Vietnam Could Significantly Impact Nike and Sportswear Industry Nike, the global sportswear giant, has long been synonymous with innovation, quality, and style. However, recent developments in US trade policies threaten to shake the foundation of its supply chain. The proposed tariffs on Vietnam, a key manufacturing hub for Nike, could have far-reaching […]
SK Hynix sees surge in chip orders ahead of US tariffs
SK Hynix Braces for Increased Chip Orders Amid Looming US Tariffs SK Hynix, a key player in the semiconductor industry, is gearing up for a surge in chip orders as the specter of US tariffs looms large. Despite recent concerns surrounding DeepSeek’s AI models, SK Hynix remains steadfast in its confidence that the demand for […]
At Watches of Switzerland, Rolex Demand Is Fuelling Retail Expansion
At Watches of Switzerland, Rolex Demand Is Fuelling Retail Expansion Watches of Switzerland, a prominent player in the luxury watch industry, is making bold moves despite the looming threat of US tariffs. The company is set to open one of Europe’s largest Rolex boutiques in London, showcasing its confidence in the continued strength of demand […]
Mango Adapting to US Tariffs, CEO Says
Mango CEO Toni Ruiz Stands Firm Against US Tariffs, Vows to Maintain Prices Mango, the renowned Spanish fashion retailer, is facing the heat of the US tariffs. However, CEO Toni Ruiz has boldly declared that the company has no intention of raising prices to counteract the tariff effects. This strategic decision, although potentially detrimental to […]
Nvidia shares drop after US tariffs announcement
Nvidia Shares Experience a Dip Following US Tariffs Announcement Nvidia, the renowned technology company known for its cutting-edge graphics processing units (GPUs) and advancements in artificial intelligence (AI), recently faced a setback in the stock market. Despite posting solid earnings and making significant strides in the field of AI, the company’s shares experienced a drop […]
Adidas Sets Cautious Tone for 2025 Outlook, Flags Tariff Risk
Adidas Sets Cautious Tone for 2025 Outlook, Flags Tariff Risk Adidas, the renowned sportswear giant, recently made headlines as it set a cautious tone for its 2025 outlook. The company’s forecast for the upcoming year includes lower-than-expected operating profit projections, a move that has sparked interest and concern among investors and industry experts alike. This […]
Abercrombie & Fitch Deepens Retail Gloom With Tepid Forecast, Shares
Abercrombie & Fitch Faces Challenges in the Retail Landscape Abercrombie & Fitch, a renowned name in the fashion retail industry, has recently painted a somber picture for its future. The company has forecasted weaker annual sales growth, sending ripples of concern through the market. This announcement comes hand in hand with a warning of softer […]
Drugmakers focus on AI while awaiting clarity on US tariffs
Drugmakers Turn to AI for Drug Development Amid US Tariff Uncertainty Pharmaceutical executives are increasingly turning to artificial intelligence (AI) to revolutionize the drug development process. In a recent industry gathering, these leaders delved into the promising role of AI in expediting research, enhancing clinical trials, and ultimately bringing life-saving medications to market more efficiently. […]
Taiwanese chip maker Vanguard warns of economic risks from US tariffs
Taiwanese Chip Maker Vanguard Foresees Economic Risks Amid US Tariffs The recent escalation of trade tensions between the United States and various countries around the world has sparked concerns about the potential economic impact of tariffs. Taiwanese chip maker Vanguard, a key player in the global semiconductor industry, has warned of the risks that these […]
Brazil denies reports of tech tax in response to US tariffs
Brazil Denies Reports of Tech Tax in Response to US Tariffs Brazil’s tech industry breathed a sigh of relief as the government officially denied reports of imposing a tech tax in response to US tariffs. The speculations were put to rest by Fernando Haddad, who emphasized that the government would only act based on concrete […]