Luis Diaz Joins Bayern Munich from Liverpool in €75 Million Deal

July 31, 2025

Luis Diaz Joins Bayern Munich from Liverpool in €75 Million Deal

Luis Diaz has transferred from Liverpool to Bayern Munich for up to €75 million. The Colombian winger has signed a contract until 2029 and aims to win titles with his new club. This fee is the third highest in Bayern's history, marking a significant acquisition for the Bundesliga champions.

Synergy Marine Group Appoints Vikas Trivedi as Co-CEO

July 31, 2025

Synergy Marine Group Appoints Vikas Trivedi as Co-CEO

Synergy Marine Group has appointed Vikas Trivedi as Co-CEO for ship management, overseeing its tanker and gas carrier division. With nearly 25 years of experience, Trivedi aims to enhance operational safety and efficiency. His appointment underscores Synergy's commitment to quality leadership, with a significant proportion of its workforce being Indian nationals.

Limited Impact of Scotch Whisky Tariff Cuts in India

July 31, 2025

Limited Impact of Scotch Whisky Tariff Cuts in India

Despite the India-UK trade deal reducing Scotch whisky import tariffs to 75%, Indian consumers may see less than 10% price reduction due to high local taxes and fees. The complex tax regime and rising popularity of local spirits suggest that the tariff cut might not significantly benefit whisky lovers in India.

Spotify Lowers Third-Quarter Profit Forecast Amid Higher Employee Taxes

July 31, 2025

Spotify Lowers Third-Quarter Profit Forecast Amid Higher Employee Taxes

Spotify predicts a lower third-quarter profit due to increased employee taxes, despite strong demand for its premium subscriptions. The company’s shares dropped nearly 9%, and it expanded its share buyback program to $2 billion in an effort to reassure investors.

US Economic Growth Projected to Rebound Amid Tariff Challenges

July 31, 2025

US Economic Growth Projected to Rebound Amid Tariff Challenges

Analysts forecast a 2.5% annual growth rate for the US economy in Q2 following a decline in Q1, influenced by trade shifts and tariffs. Despite this rebound, underlying issues from tariff pressures may hinder long-term growth.