NextEra Energy, North America’s largest electric power and energy infrastructure company, is buying Dominion Energy in an all-stock deal valued at $66.8 billion.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – May 19 2026
Post
LVMH WILL SELL HANDBAG MAKER MARC JACOBS FOR $850 MILLION
LVMH, the luxury industry’s largest conglomerate, will sell handbag brand Marc Jacobs to a partnership between global brand manager WHP and G-III Apparel Group, which owns an array of fashion brands including Calvin Klein, DKNY, Donna Karen, and Tommy Hilfiger.
Post
HONDA POSTS FIRST-EVER ANNUAL LOSS AS EV INVESTMENT SOURS
On 14 May, Honda Motor – Japan’s second-largest auto company – posted its first annual loss since it went public in 1957 as it wrote off more than $9 billion in costs to restructure its electric vehicle (EV) operation.
Post
FORD, STELLANTIS EXPAND CHINESE PARTNERSHIPS IN EUROPE
Stellantis, the Dutch conglomerate that owns Fiat, Jeep, Ram, and 11 other car brands, is broadening its partnership with Chinese EV maker Leapmotor.
Post
TURKEY’S CENTRAL BANK HIKES ITS INFLATION TARGET
Last week, the Central Bank of the Republic of Türkiye raised its target interest rate from 16 percent to 24 percent – a 50-percent increase – in an acknowledgment that the Iran War is spiking prices throughout the country’s economy.
Post
CHINA’S ECONOMY BOGS DOWN IN APRIL
The domestic sector of China’s economy slowed in April, with several missing economists’ expected levels.
Post
INVESTORS DUMP BONDS AS OIL PRICES CLIMB
Investors around the world are fleeing bonds, fearing that central banks will be forced to raise their interest rates to tamp down rising inflation that soaring oil prices have already set in motion, Bloomberg reported.
Post
OFF WITH THEIR HEADS 2.0: TRUMP JR TRIES TO CASH IN ON ‘PATRIOTIC CAPITALISM’: REPORT
A Florida-based investment company that includes Donald Trump Jr. as a partner has seen its assets under management increase from $200 million to $3.5 billion in the past year based on what the company calls “Patriotic Capitalism,” according to a report.
Post
GOING OUT OF BUSINESS TRENDS
The economy is seeing a widening wave of closures, bankruptcies, and downsizing as companies respond to soft demand and tightening margins.
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Jobless claims remain low and unemployment is holding near 4.3 percent but companies aren’t hiring and layoffs tied to AI restructuring and cost cutting are increasing, according to U.S. News and World Report.