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Recent Articles

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H&M to cut 1,500 jobs amid competition, rising costs due to inflation, Ukraine war; company is looking to save US$190M/year, books US$75.8M restructuring charge in Q4

Citi forecasts global growth to slow to below 2% in 2023, citing continued challenges from pandemic and Russia-Ukraine war, which skyrocketed inflation and triggered aggressive policy tightening; US economy expected to grow 1.9% in 2022 and 0.7% in 2023

UPM highlights potential of forest industry side streams as sustainable agricultural nutrients, as US, Europe fertilizer industries endure sanctions on imports from Russia; new EU regulation opens door to organic and side stream-based fertilizers

France's Bonduelle to continue operations in Russia, while observing international sanctions; CEO says company has 'no wish to add to the geopolitical crisis with a food crisis'

Commentary: Emerging markets demolished in 2022 by rate hikes, Ukraine war and China's COVID battle, but analysts expect EMs to rebound in 2023; UBS expects EM equities, fixed income to earn total return of 8%-15% in 2023, after 15%-25% decline this year

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