The Los Angeles Post
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Today: March 22, 2025
Today: March 22, 2025
Yadarisa Shabong

Yadarisa Shabong

Staff Writer

Latest From Yadarisa Shabong

Business|Economy|Finance|Stock Markets|US

Dollar ends week higher versus euro as traders book gains

The dollar edged up against the euro on Friday, on pace for its first weekly gain this month, as investors booked profits from the euro's recent advance ahead

Dollar ends week higher versus euro as traders book gains
Business|Economy|Europe|Finance|US

Central banks turn more cautious on rate cuts

Big developed market central banks are turning cautious after a series of interest rate cuts and as uncertainty in global economics and politics grows.

Central banks turn more cautious on rate cuts
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Euro gains after German fiscal deal; dollar buoyed with US government shutdown likely averted

The euro rose on Friday after German parties agreed on a fiscal deal that could boost defence spending and revive growth in Europe's largest

Euro gains after German fiscal deal; dollar buoyed with US government shutdown likely averted
Economy|Finance|Political|Stock Markets|US

Dollar edges higher as markets weigh trade tensions

The U.S. dollar edged higher against major currencies including the yen and the euro on Wednesday as data showing a slowdown in inflation was

Dollar edges higher as markets weigh trade tensions
Asia|Economy|Finance|Political|Stock Markets|US

Dollar weakens against the Japanese yen amid tariff worries

The U.S. dollar weakened against the yen on Monday as investors worried about a probable U.S. economic slowdown and a

Dollar weakens against the Japanese yen amid tariff worries
Asia|Economy|Europe|Finance|Political|US

US dollar sinks as growth concerns weigh; safe-havens yen, Swiss franc advance

The safe-haven yen and Swiss franc climbed in volatile trading on Thursday, while the dollar slumped against most currencies, as jittery investors

US dollar sinks as growth concerns weigh; safe-havens yen, Swiss franc advance
Business|Economy|Europe|Finance|Stock Markets|Travel

British Airways owner IAG profit beats estimates, plans share buyback

British Airways owner IAG reported a 27% jump in annual operating profit on Friday, beating market expectations as it curbed costs and growth in

British Airways owner IAG profit beats estimates, plans share buyback
Business|Europe|Finance|Stock Markets

Unilever's board unified in decision to oust CEO Schumacher, source says

Unilever's board, which includes billionaire activist investor Nelson Peltz, was unified in its decision to oust CEO Hein Schumacher, a source

Unilever's board unified in decision to oust CEO Schumacher, source says
Business|Economy|Europe|Finance|Stock Markets

Unilever ditches CEO Schumacher in surprise move

Unilever surprised investors on Tuesday by ousting chief executive Hein Schumacher and replacing him with finance chief Fernando Fernandez, who will

Unilever ditches CEO Schumacher in surprise move
Business|Economy|Europe|Finance|Food|Stock Markets

Ben & Jerry's maker Unilever picks Amsterdam for ice cream spinoff

Ben & Jerry's maker Unilever has chosen Amsterdam over London and New York as the primary listing for its ice cream business, it said on Thursday after

Ben & Jerry's maker Unilever picks Amsterdam for ice cream spinoff
Asia|Business|Economy|Europe|Finance|US

Britain's L&G sells US protection unit to Japanese insurer for $2.3 billion

Legal & General said on Friday it would sell its U.S. protection business to Japan's Meiji Yasuda for $2.3 billion in cash and

Britain's L&G sells US protection unit to Japanese insurer for $2.3 billion
Americas|Business|Economy|Political|US

Companies start counting potential costs of Trump's tariffs

Diageo warned on Tuesday of a $200 million hit to its operating profits from U.S. tariffs on Mexican and Canadian imports and German auto

Companies start counting potential costs of Trump's tariffs
Business|Economy|Europe|Travel

Wizz Air drops 13% after second profit warning in six months

European low-cost airline Wizz Air cut its annual net income forecast for the second time in six months on Thursday, as it grapples with rising

Wizz Air drops 13% after second profit warning in six months
Business|Economy|Europe|Finance|Stock Markets

American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal

Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion

American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
Americas|Business|Economy|Europe|Fashion and Beauty|Finance|Stock Markets

Burberry turnaround hopes boosted by US holiday shoppers

Burberry reported a smaller than expected 4% drop in quarterly comparable store sales on Friday, helped by a stronger holiday season in the United States,

Burberry turnaround hopes boosted by US holiday shoppers
Business|Technology|US

UK regulator asks for antitrust probe into Amazon, Microsoft cloud dominance

Britain's media regulator on Thursday asked the country's antitrust authority to investigate U.S. tech giants Amazon and Microsoft's dominance of

UK regulator asks for antitrust probe into Amazon, Microsoft cloud dominance
Business|Finance|Technology

Microsoft closes $69 billion Activision deal after Britain's nod

Xbox maker Microsoft closed its $69 billion deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market

Microsoft closes $69 billion Activision deal after Britain's nod
Business|Celebrity|Entertainment|Finance|Stock Markets

Hipgnosis shares soar as Blackstone bid raises prospect of bidding war

Shares of Hipgnosis Songs Fund soared as much as 20% on Monday after Blackstone proposed to buy the owner of music rights by artists including Shakira

Hipgnosis shares soar as Blackstone bid raises prospect of bidding war
Business|Finance|Stock Markets|US

JD Sports to buy US rival Hibbett in $1.08 billion sportswear retail deal

JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest

JD Sports to buy US rival Hibbett in $1.08 billion sportswear retail deal
Business|Europe|Finance|Lifestyle|Stock Markets|Technology|US

Aston Martin losses balloon ahead of new model ramp up

Aston Martin posted a bigger-than-expected first-quarter pretax loss on Wednesday as the British luxury carmaker made fewer cars and burned more cash than analysts

Aston Martin losses balloon ahead of new model ramp up
Business|Economy|Food|US

Workers heading back to the office on Mondays, caterer Compass says

Mondays are now as busy as Thursdays in office canteens in the United States and Britain, the world's largest food catering firm Compass Group said on Wednesday.

Workers heading back to the office on Mondays, caterer Compass says
Business|Finance|Stock Markets

AstraZeneca aims for $80 billion in total revenue by 2030

AstraZeneca aims to grow revenue by about 75% to $80 billion by 2030, it said on Tuesday, boosted by the expected launch of 20 new medicines and through

AstraZeneca aims for $80 billion in total revenue by 2030
Business|Europe|Lifestyle|Technology

Aston Martin to start delivery of Alonso-inspired race car Valiant in fourth quarter

Aston Martin announced the debut of its new limited edition sportscar Valiant on Wednesday and said deliveries would start in the fourth quarter, as the British

Business|Finance|Health|US

GSK shares slide after US health agency narrows scope of RSV shots

GSK shares fell as much as 7% on Thursday, a day after a U.S. public health agency narrowed its age recommendation for use of respiratory syncytial virus

GSK shares slide after US health agency narrows scope of RSV shots
Business|Health|Science|Technology

GSK buys COVID, influenza vaccines from retrenching CureVac

British drugmaker GSK on Wednesday bought partner CureVac out of their alliance on influenza and COVID-19 vaccine development, boosting its messenger RNA credentials and extending the

GSK buys COVID, influenza vaccines from retrenching CureVac

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