Business & Economy

Starbucks has unveiled a sweeping multi-year turnaround strategy anchored by fiscal 2028 financial targets, signalling that new leadership is prepared to absorb meaningful near-term earnings pain in pursuit of long-term operational credibility. The plan — spanning new espresso hardware, store redesigns, point-of-sale technology, and labour restructuring — unfolds across a global franchise system that spans more than 80 countries. For international markets from London to Shanghai, the reset carri

Otter Tail Corporation's 2025 earnings expose a divide playing out across diversified industrial conglomerates worldwide: regulated infrastructure businesses are outperforming while commodity-sensitive units bleed under prolonged pricing pressure. With PVC pipe prices down 20% year-on-year by Q4 and its electric utility posting a 16% return on equity, the Minnesota company offers a microcosm of tensions reshaping industrial portfolios from North America to Europe and Asia. The results carry less

Copa Airlines has built one of the world's most efficient hub-and-spoke networks through Panama's Tocumen International Airport — but that same geographic elegance creates a structural vulnerability with few parallels in global aviation. As U.S.-Panama tensions simmer over the Canal, investors and industry watchers worldwide are being forced to confront a risk that efficient markets have so far chosen to ignore.

DPM Metals has brought first ore to surface at its Čoka Rakita underground gold mine in eastern Serbia, marking a pivotal moment for European mineral sovereignty. With 1.52 million ounces of probable reserves, first-quartile production costs, and a payback period of under two years, the project is one of the most compelling new gold developments globally. The milestone lands as the EU accelerates its drive to reduce dependence on foreign raw material supply chains.

Ford Motor Company has reversed course at its BlueOval City facility in Tennessee, scrapping plans for a next-generation electric truck in favour of gas-powered pickups — a move that crystallises a broader retrenchment from electrification sweeping across the Western automotive industry. The decision reflects mounting evidence that consumer demand for electric vehicles, particularly in the full-size truck segment, has failed to match the timelines set by manufacturers and policymakers alike. As

Ford Motor Company is abandoning plans for an all-electric commercial van at its Ohio Assembly Plant, pivoting instead to gas and hybrid models in a move that mirrors a wider global retrenchment in EV ambitions. As fleet operators from the United States to Europe and Asia continue to balk at charging infrastructure gaps and total cost of ownership, automakers worldwide are being forced to reconcile aggressive electrification targets with stubborn market realities. The Ohio reversal is one of the