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Amancio Ortega

Spanish business tycoon

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  • 3h ago

    Inditex posts record Q1 profit of €1.375 billion, shares jump 5% as spring collections drive sales

    The Zara owner reported a 5.4% rise in net profit for the February-to-April period, with sales growth accelerating to 11.5% in the early weeks of the second quarter.

Today’s Brief

Kyiv, Hormuz and 90% certainty

Trump strains alliances as Russia batters Ukraine and El Niño warnings jolt governments

The last half-day brought a familiar mix of hard power and hard weather. Russia fired one of its largest barrages at Ukraine, the Gulf truce frayed again, and the UN warned that a strong El Niño may soon add heat, floods and drought to already stretched governments.

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World · Updated 4h ago

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China and the West — decoupling

The EU's formal adoption of outbound investment screening and China's explicit expansion of its counter-sanctions to target compliance with such rules create a binding legal conflict for firms, moving from policy debate to operational crisis.

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