Story of the Week Markets brace for impact after U.S. strikes Iran Market watchers are bracing for turbulence after the U.S. confirmed it has launched “major combat operations” in Iran, a move investors say could carry far greater market consequences than the recent run of geopolitical flare-ups. U.S. President Donald Trump said the U.S. military […]
Story of the Week Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy On February 20th, the Supreme Court struck down a huge chunk of President Donald Trump’s far-reaching tariff agenda, delivering a major rebuke of the president’s key economic policy. The law that undergirds those import duties “does not authorize the President […]
Story of the Week Bain Capital to buy Japan’s FineToday in $1.3B deal Private equity firm CVC Capital Partners has agreed to sell Japanese personal care company FineToday to Bain Capital, in a deal worth around 200 billion yen ($1.29 billion). The two firms announced the agreed transaction without disclosing financial details. The sale comes […]
Story of the Week Trump signs U.S.-India trade deal U.S. President Donald Trump’s announcement on Feb 2nd that he has agreed to a trade deal with India comes hot on the heels of Europe’s own trade agreement with New Delhi, signaling Washington is not willing to be outdone by its global competitors. The U.S. deal […]
Story of the Week WHP Global to pay $300M for controlling stake in Lands’ End On January 26, Lands’ End and WHP Global announced that they are forming a joint venture, with the brand management firm paying $300 million in cash to acquire a 50% controlling stake in the apparel brand. The brand, in turn, […]