The global equity capital markets are on the brink of a rejuvenation, with investment bankers poised for an uptick in activity as we approach 2025. This resurgence is largely fueled by a wave of anticipated initial public offerings (IPOs) featuring notable companies across various sectors. key players are set to make headlines, including Venture Global,
Economy
The electric vehicle (EV) landscape is experiencing transformative changes, with the recent alliance between Rivian, a U.S.-based electric pickup and SUV manufacturer, and the German automotive giant Volkswagen poised to set new industry standards. Announced in November, the partnership entails a substantial investment of $5.8 billion from Volkswagen into a joint venture focused on enhancing
Data from the National Bureau of Statistics (NBS) exhibits a concerning pattern for China’s industrial sector, where profits have experienced a downward spiral for the third consecutive year. In 2024, industrial profits declined by 3.3%, building upon a 4.7% drop from the previous year’s January-November period. This trend is alarming, particularly as it follows a
China’s economy has consistently been the focal point of global attention due to its vast scale and intricate dynamics. Recently, reports indicated that the nation achieved a growth rate of 5% for the previous year, aligning with governmental targets. However, this growth story has deeper layers that warrant scrutiny, particularly given the public’s sentiment and
American Express (AmEx) has showcased surprising resilience in its fourth-quarter performance, driven by a surge in consumer card usage, particularly during the bustling holiday season. As reported by CFO Christophe Le Caillec, the strong uptick in spending was largely attributed to increased travel and entertainment activities. Specifically, airline travel emerged as a noteworthy sector, contributing
In a significant shift for Argentina’s economy, Moody’s announced an upgrade of the country’s long-term foreign currency sovereign credit rating from “Ca” to “Caa3.” This increase reflects the Argentine government’s decisive policy changes aimed at tackling the ongoing economic difficulties. Under the leadership of President Javier Milei, who lashed out against the status quo upon
In a remarkable return to the political stage, President Donald Trump is undertaking an ambitious campaign of tax reform, aiming to invigorate the economy while simultaneously courting voters in key states. His recent visit to Las Vegas was not merely a symbolic gesture; it was a strategic move aimed at rallying support for his proposal
In a significant shift in the United States’ foreign aid policy, the recent memo circulated by the Trump administration to the U.S. Agency for International Development (USAID) outlines a stringent new framework for how American aid is to be allocated globally. The directive, deeply rooted in Trump’s “America First” mantra, not only signals an overhaul
As the financial landscape shifts in Switzerland, President and Finance Minister Karin Keller-Sutter has revealed that the country will likely experience significant annual budget deficits in the coming years, projected at approximately 3 billion Swiss Francs (around $3.31 billion). This alarming forecast stems predominantly from surging military expenditures and escalating pension costs, as articulated in
The seismic shift in U.S. politics with Donald Trump’s ascension to the presidency marked a historic moment, prompting trepidation regarding the future of U.S.-China trade relationships. Although initial expectations suggested that Trump would charge robustly into a confrontational trade stance with China, his cautious approach has left some space for potential negotiations. Analysts, including those