Brazil’s Finance Ministry is faced with significant challenges as it seeks to secure the 2025 fiscal goal amidst potential revenue shortfalls. To address these issues, the ministry has proposed various measures, including taxing big tech companies and implementing a global minimum tax of 15% on multinational corporations. One of the key proposals put forward by
Travel spending among American households has shown a significant increase compared to pre-pandemic levels, with a particular enthusiasm for international trips. According to Bank of America research, travel spending is still down from 2023 but remains significantly higher than in 2019, showing a 10.6% increase per household. The data collected from January to mid-August using
Huawei recently announced its plans to host a product launch event on September 10, just hours after Apple’s highly anticipated iPhone reveal. The event is scheduled for 2:30 p.m. Beijing time and will directly challenge Apple’s event in the U.S. on September 9. This strategic move by Huawei aims to steal the spotlight from its
As investors navigate the unpredictable landscape of the stock market, it is crucial to anticipate and prepare for potential volatility. Bank of America Securities recently emphasized the significance of hedging against the possibility of a hot nonfarm payrolls figure, which could result in substantial market fluctuations. The nonfarm payrolls report has once again taken the
REA Group, a property listings company majority-owned by News Corp, recently expressed interest in acquiring Rightmove, a leading British housing portal. This announcement has caused a surge in Rightmove’s shares and generated significant market interest. Rightmove, with a market value of 4.36 billion pounds, operates as the largest property portal in Britain, generating revenue from
As reported by Doyinsola Oladipo and Mrinmay Dey, around 10,000 U.S. hotel workers have initiated a strike across several cities due to failed contract negotiations with major hotel operators such as Marriott International, Hilton Worldwide, and Hyatt Hotels. This strike is taking place in 24 hotels in various travel destinations across the United States, including
The recent re-release of Edgar Wright’s cult classic horror-comedy, Shaun of the Dead, did not reach the expected box office numbers. Despite the film’s popularity and loyal fan base, it grossed only an estimated $600k for the 3-day weekend and $720k for the four days in Focus Features re-release for the comic zombie-fest’s 20th anniversary.
The recent tumble of nearly 30% in PDD’s stock price has raised questions about the state of China’s consumer market. Despite the company’s revenue growing by nearly 90% and profit more than doubling from a year ago, concerns linger over the overall weakness in the Chinese consumer market. While some analysts argue that the reaction
When it comes to selecting dividend stocks, investors might find themselves overwhelmed by the vast array of choices available. However, based on recommendations from top analysts on TipRanks, there are three dividend stocks that stand out. One of these stocks is EPR Properties (EPR), a real estate investment trust that focuses on experiential properties like
Brazilians will soon be facing an increase in their electricity bills, thanks to a decision made by local power regulator Aneel. With more than half of the country’s power supply still coming from hydroelectric plants, the drop in reservoir levels during the dry season has led to additional charges being imposed on consumers. Despite the