Business
Tesla Just Tripled Its Spending. None of It Is Going Into Cars
EBM Newsdesk Analysis On 22 April 2026, Tesla revealed it will spend more than $25 billion on capital expenditure this year — roughly three times its 2025 outlay of $8.5…
Business
Gucci Just Wiped €2.5 Billion Off Kering in a Single Trading Day
EBM Newsdesk Analysis Kering shares closed down 9.3% at €254 in Paris on 15 April 2026, wiping roughly €2.5 billion off the French luxury group’s market capitalisation in a single…
Business
Algomarketing opens ‘Centre of Evolution’ in Lisbon to develop 200 AI-enabled marketers in tech roles
Algomarketing has announced the launch of its Centre of Evolution (CoE) in Lisbon, Portugal – a new hub designed to develop and embed 200 professionals into AI-enabled marketing roles across…
Business
The Cost-of-Living Crisis Britain Thought Was Over Just Started Again
EBM Newsdesk Analysis UK headline CPI rose to 3.3% in March 2026, up from 3% in February, as the Iran war’s energy shock began filtering into pump prices, freight costs,…
Business
Trump Extended the Ceasefire. Oil Didn’t Believe Him
EBM Newsdesk Analysis On 21 April 2026, Donald Trump extended the US ceasefire with Iran indefinitely via Truth Social, citing a “seriously fractured” Iranian government and a personal request from…
Business
Gold’s Three-Week Rally Is Starting to Crack — and the Market Knows It
EBM Newsdesk Analysis Yesterday On 21 April 2026, gold trades around $4,782 per ounce after a three-week rally that has pulled the metal back from bear-market territory into contention for…
Markets
How The Iran War Erased a Billion Barrels of Oil
EBM Newsdesk Analysis At the Financial Times Commodities Global Summit in Lausanne on 21 April 2026, executives from Vitol — the world’s largest independent oil trader — told delegates…
Business
Mastercard Bets on Finland to Hold Off Stripe
EBM Newsdesk Analysis Mastercard confirmed this week that Finnish card-issuing platform Enfuce has joined its Product Express programme across Europe, extending the ready-to-launch infrastructure to business card issuance for the…
Business
Europe Faces Six Weeks of Jet Fuel Supply — Putting Summer Travel at Risk
EBM Newsdesk Analysis On Thursday 16 April 2026, IEA Executive Director Fatih Birol told the Associated Press that Europe has “maybe six weeks” of jet fuel left, blaming the Iran…
Business
JPMorgan Brings $1.5 Trillion Firepower to Europe’s Defence Push
EBM Newsdesk Analysis On Tuesday 21 April 2026, JPMorgan Chase announced the expansion of its ten-year, $1.5 trillion Security and Resiliency Initiative (SRI) across Europe and the United Kingdom —…