Europe’s “Franco-German engine” is facing challenges as Macron appoints his fourth prime minister and Germany heads for early elections. Economic uncertainty looms due to manufacturing pressures, tepid Chinese demand, and Trump’s tariff threats. However, peripheral countries like Spain are thriving post-eurozone crisis, with strong economic growth and competitiveness in services. Despite European stock market fluctuations, there’s optimism for a potential relief rally in the future.
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Intel Names Lip-Bu Tan as New C.E.O. Amid Turnaround Efforts
Intel, a struggling semiconductor company, has appointed Lip-Bu Tan as its new CEO to help restore its reputation and market share. Tan, a seasoned business leader, faces the challenge of revitalizing the company after years of decline, including job cuts and loss of market value. Investors have responded positively to Tan's appointment, with Intel's stock price rising over 11% in aftermarket trading. Full Article
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