Keywords: Savings


GSK beats second-quarter expectations with strong earnings and $2.52 billion efficiency plan

GSK delivered stronger-than-expected second-quarter earnings on Tuesday while unveiling a major multi-year cost-saving initiative aimed at accelerating investment in its medicines pipeline and supporting long-term revenue growth. The British pharmaceutical company announced a £1.9 billion ($2.52......

PayPal boosts 2026 outlook as turnaround strategy gains momentum amid takeover speculation

PayPal has reinforced its long-term recovery strategy by raising its full-year 2026 profit guidance and unveiling an expanded cost-efficiency plan, even as questions continue to surround a potential acquisition of the digital payments company. The updated outlook comes at a pivotal moment for the fintech......

Trump Accounts program aims to encourage long-term investing for American children

The United States has introduced the Trump Accounts program, a new federal investment initiative designed to help children begin building long-term financial assets from an early age. The program seeks to promote financial literacy, encourage saving habits, and provide families with a structured way......

Bank of France proposes raising Livret A savings rate to 1.7% from August

French savers could soon receive a higher return on their Livret A accounts after the Bank of France proposed increasing the regulated savings rate from 1.5% to 1.7% beginning in August. The proposed adjustment reflects renewed inflationary pressures in France following the escalation of conflict in......

French economists unveil 14 policy proposals ahead of 2027 presidential election

With less than a year to go before France’s 2027 presidential election, the Cercle des Économistes has presented a package of 14 policy recommendations, urging political leaders to place long-term economic reform at the centre of the campaign. The proposals were released during the closing......

US launches “Trump Accounts” as 250th Independence Day celebrations begin

The United States has launched a new government-backed investment initiative, “Trump Accounts,” as part of nationwide celebrations marking the 250th anniversary of American independence. The programme introduces state-funded savings accounts for children born within a defined eligibility......

Britain’s British American Tobacco announces 5,500 job cuts as AI restructuring accelerates

British American Tobacco has announced plans to eliminate 5,500 jobs worldwide and transfer an additional 3,500 positions to strategic partners as part of a broad restructuring programme designed to accelerate the company's adoption of artificial intelligence and improve operational efficiency. The......

Preventive Health Measures Could Unlock Nearly $6 Trillion in Global Savings by 2040, WEF Finds

A new report by the World Economic Forum (WEF) suggests that simple and low-cost preventive health measures could generate nearly $6 trillion in global savings by 2040, while significantly improving public health outcomes and workforce productivity. The study, titled The Longevity Dividend: The Business......

Mustapha Lahboubi appointed head of CDG savings and providence division

Morocco’s Deposit and Management Fund has appointed Mustapha Lahboubi as head of its Savings and Providence division, a central unit responsible for managing key national retirement and regulated savings schemes. The appointment took effect on June 1 and marks a leadership change within one of......