The Strategist

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Latest News & Analysis
Companies & CEOs

Salesforce expects 10% revenue growth in the next five years

Medullaoblongata Projekt
Salesforce Inc., a provider of cloud-driven enterprise customer engagement solutions located in the U.S., anticipates its revenue will reach $60 billion by the fiscal year 2030. This expects a compound annual growth rate in organic revenue of 10%...

Thousands of Britons sue carcinogenic baby powder

Alf van Beem
Thousands of British citizens have initiated legal action against Johnson & Johnson (J&J), alleging that the American pharmaceutical firm knowingly marketed baby powder with asbestos in the UK, according to The Guardian. Approximately 3,000...

European Commission fines Gucci, Chloé, and Loewe €157 million

Ofawuowime
The European Commission announced in a statement that it has imposed fines exceeding €157 million (around $182 million) on Gucci, Chloé, and Loewe for engaging in anticompetitive pricing behaviors. The investigation by the Commission revealed that...

Technip Energies to explore alternatives to LNG module production in China due to risk of increased US tariffs

Σ64
EPC contractors constructing LNG facilities in the US might be able to avoid Chinese shipyards, depending on the manufacturing capabilities in other Asian nations and the Middle East, said Technip Energies NV CEO Arnaud Pieton to Bloomberg. Ongoing...
Markets & Industries

Strikes at two major European ports caused significant delays in deliveries

Sergey Ashmarin
Labor actions at two of Europe’s major ports – Rotterdam and Antwerp-Bruges – have led to considerable shipment delays days after storms, according to Bloomberg. Employees tasked with unloading and securing containers on vessels and docks initiated...

JPMorgan expects stablecoins to boost global demand for US dollars by $1.4 trillion

QuoteInspector.com
JPMorgan analysts suggest that the rise in stablecoins—cryptocurrencies mainly linked to the US dollar—might drive a surge in dollar demand of around $1.4 trillion by 2027. Authorities contend that the extensive use of stablecoins may reverse the...

The Federal Reserve ready to continue cutting rates in 2025

Federal Reserve via flickr
During their September gathering, Federal Reserve officials indicated their readiness to keep reducing interest rates this year, as noted in the minutes. According to the minutes from the Federal Open Market Committee (FOMC) meeting on September...

British banks to pay £8.2 billion in compensation due to car loan irregularities

Alex Guibord
The Financial Conduct Authority (FCA) revealed that British banks must compensate customers £8.2 billion ($11 billion) for issues in the car loan sector. According to the FCA, the initiation and execution of the compensation scheme will expense...
In-depth coverage

European Tech Sovereignty: Europe Enters the Era of Exascale with the Inauguration of the Jupiter Supercomputer

Europe has taken a giant leap in technological development and supercomputing sovereignty with the launch of its first exascale computer in Germany. JUPITER, built using American chips but set to develop further with the integration of European microprocessors in 2026, is capable of performing over one quintillion (10¹⁸) operations per second, immediately cementing its place as Europe’s mos...
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World & Politics

IMF Managing Director says global economic condition worse than required

Frédéric Remouchamps / Keops
The International Monetary Fund's concerns about the global economy have not come true, but it is more severe than anticipated, IMF Managing Director Kristalina Georgieva stated during a briefing at IMF headquarters. "Improved compared to...

The White House authorizes the CIA to conduct covert operations in Venezuela

rawpixel.com / Carol M Highsmith
The US government has discreetly permitted the CIA to carry out secret operations in Venezuela targeting the nation's leadership, The New York Times wrote, referencing sources. "US officials state that President Donald Trump's administration has...

Germany wants to exempt pensioners earning up to €2,000 per month from taxes

pixnio
German officials aim to exempt retirees from taxes on income up to €2,000 per month, according to the Financial Times, which refers to a draft bill it has examined. The government projects that implementing this measure would incur a budget expense...

Trump, leaders of Qatar, Egypt, and Turkey sign peace agreement on Gaza

rawpixel.com
On Monday, US President Donald Trump and the leaders of Qatar, Egypt, and Turkey signed a peace deal aimed at addressing the situation in Gaza. "People frequently claimed that World War III would begin in the Middle East. However, that will no...
Management & Strategy

The Bank of England relaxes its rules for bonus payments to top executives at UK banks

acediscovery
The Bank of England has sanctioned new regulations regarding bonus payouts for senior executives at UK banks, enhancing flexibility, the regulator declared. The duration that executives have to wait for their complete compensation, known as the...

Verizon names Dan Schulman from PayPal its CEO

Mike Mozart via flickr
The Verizon Communications Board of Directors has named Dan Schulman, the former CEO of PayPal Holdings Inc., as its new Chief Executive Officer. He will take over for Hans Vestberg. The change is effective immediately, as stated in a press release....

Shein to open first offline stores in France in November

DMCGN
Asian online fashion retailer Shein is set to launch its initial physical stores in France in November through a partnership with department store operator Societe des Grands Magasins (SGM), according to Reuters. Shein intends to start selling at...

Lufthansa to cut 4,000 jobs by 2030

XING
Deutsche Lufthansa intends to reduce around 4,000 positions by 2030 as part of a strategy focused on enhancing operational efficiency, which includes the use of artificial intelligence technologies. Lufthansa stated that the job cuts will mainly...