Civil groups behind June protests are calling for higher tourism taxes, cruise ship restrictions and tighter control of the short-term rentals that have disrupted Barcelona’s housing market.
Barcelona residents call for ‘tourism degrowth’ to combat overtourism
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‘Bubble effect’: Weight loss drug fueled growth is putting the pharma sector at risk, report finds
Surging demand for weight loss and diabetes drugs leaves the pharmaceutical sector at risk from a “bubble effect” as profitability soars, new research suggests. Demand for the likes of Wegovy and Zepbound has driven research and development returns to their highest level in years, but a report published by Deloitte on Monday suggests this is […]
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Treasury yields edge higher as traders monitor factory data and Middle East developments
U.S. Treasury yields rose on Monday as traders awaited more data on U.S. factory activity and events in the Middle East continued to loom over borrowing costs. The 10-year Treasury yield — the benchmark for U.S. government borrowing — was more than 1 basis point higher in early trade, at 4.3979% by 5:10 a.m. E.T. Meanwhile, […]
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European markets open mostly positive as Trump threatens new auto tariffs
LONDON — European markets opened the new trading week in positive territory as investors continue to monitor developments in the Middle East and a potential renewal of transatlantic trade tensions. The pan-European Stoxx 600 was 0.1% higher shortly after 8:00 a.m. in London. France’s CAC 40 was down almost 0.1%. Germany’s DAX was up 0.1% […]
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