Burberry Announces Major Job Cuts to Revive Performance
Burberry (BRBY.L) shares surged 18% on Wednesday after the British luxury brand announced plans to shed 1,700 jobs, or around a fifth of its...
Nissan Announces Major Cost Cuts Amid Struggles to Turn Around
Nissan to Cut 11,000 Jobs and Close 7 Plants
On Tuesday, Nissan Motor announced sweeping new cost-cutting measures as part of its ongoing struggle to...
Japan’s Automotive Industry Faces Strain from U.S. Tariffs
As the U.S. continues to impose tariffs on automobiles and parts, Japan’s automotive industry is experiencing significant challenges. With the tariffs affecting one of...
Shopify Reports Mixed Q1 Results, Soft Guidance for Q2
Mixed Financial Results
Shopify reported mixed first-quarter results, with the company posting a loss of 53 cents per share and revenue of $2.36 billion. While...
Pharmaceutical Imports Surge Ahead of Potential U.S. Tariffs
Pharmaceutical imports to the U.S. skyrocketed in March, as drugmakers rushed to stock up ahead of potential tariffs on their products. Historically exempt from...
