{"version":1,"tree":{"n":"html","c":[{"n":"head","x":"\n ","l":"\n ","c":[{"n":"title","x":"Desconocido","l":"\n \n "},{"n":"link","l":"\n","a":[["rel","stylesheet"],["type","text/css"],["href","../../stylesheet.css"]]},{"n":"link","l":"\n","a":[["rel","stylesheet"],["type","text/css"],["href","../../page_styles.css"]]}]},{"n":"body","a":[["class","calibre"]],"c":[{"n":"div","x":"| ","a":[["class","calibre_navbar"]],"c":[{"n":"a","x":"Siguiente","l":" | ","a":[["href","javascript:void(0)"],["rel","articlenextlink"],["data-eueMZIbjjuCPX9e9np7aa2","{\"name\": \"feed_0/article_2/index_u16.html\", \"frag\": \"\"}"]]},{"n":"a","x":"Menú de sección","l":" | ","a":[["href","javascript:void(0)"],["data-eueMZIbjjuCPX9e9np7aa2","{\"name\": \"feed_0/index_u68.html\", \"frag\": \"article_1\"}"]]},{"n":"a","x":"Menú principal","l":" | ","a":[["href","javascript:void(0)"],["data-eueMZIbjjuCPX9e9np7aa2","{\"name\": \"index_u63.html\", \"frag\": \"feed_0\"}"]]},{"n":"a","x":"Anterior","l":" | ","a":[["href","javascript:void(0)"],["rel","articleprevlink"],["data-eueMZIbjjuCPX9e9np7aa2","{\"name\": \"feed_0/article_0/index_u47.html\", \"frag\": \"\"}"]]},{"n":"hr","l":"\n","a":[["class","calibre6"]]}]},{"n":"div","a":[["class","calibre-nuked-tag-article"]],"c":[{"n":"div","x":"The world this week","a":[["class","calibre8"]]},{"n":"h1","x":"Business","a":[["class","calibre9"]]},{"n":"p","x":"may. 08, 2025 01:50 ","a":[["class","calibre10"]]},{"n":"div","a":[["class","calibre-nuked-tag-article"]],"c":[{"n":"img","a":[["src","images/img1_u15.jpg"],["title","US Chair of the Federal Reserve Jerome Powell departs after announcing the Fed will not change interest rate"],["class","calibre3"],["data-calibre-src","feed_0/article_1/images/img1_u15.jpg"]]}]},{"n":"div","a":[["class","calibre11"]]},{"n":"p","x":"The ","a":[["class","calibre12"]],"c":[{"n":"b","x":"Federal Reserve","l":" kept interest rates on hold for its third consecutive meeting, maintaining its benchmark rate at a range of between 4.25% and 4.5%. The risks from inflation and unemployment have risen, it said, amid uncertainty about the economic effects of Donald Trump’s tariffs, even though jobs figures for April also showed that the labour market was strong. Mr Trump is pressing Jerome Powell, the Fed’s chairman, to cut rates. Before the bank’s meeting the president said he would not sack Mr Powell, but did call him a “total stiff”.","a":[["class","calibre13"]]}]},{"n":"p","a":[["class","calibre12"]],"c":[{"n":"b","x":"China’s","l":" central bank shaved 0.1 percentage points off its main interest rate, taking it to 1.4%. The People’s Bank of China also reduced other loan rates and cut the amount of money that banks need to keep in reserve, all part of an effort to boost liquidity in the financial system. The announcements came just ahead of the start of trade talks between America and China.","a":[["class","calibre13"]]}]},{"n":"p","x":"America’s ","a":[["class","calibre12"]],"c":[{"n":"b","x":"trade deficit","l":" hit a record monthly high in March, of $140.5bn. The dash to get ahead of Mr Trump’s tariffs resulted in imports from some countries, such as France, India, Mexico and Vietnam, reaching all-time highs. However, imports from China were the lowest since March 2020.","a":[["class","calibre13"]]}]},{"n":"p","x":"The ","a":[["class","calibre12"]],"c":[{"n":"b","x":"Bank of England","l":" lowered its benchmark interest rate from 4.5% to 4.25%. The central bank mentioned that although increases to energy bills are likely to push up consumer-price inflation in the third quarter, it is expected to fall back thereafter, and progress on disinflation is “generally continuing”.","a":[["class","calibre13"]]}]},{"n":"p","a":[["class","calibre12"]],"c":[{"n":"b","x":"Oil prices","l":" dropped to near four-year lows after ","a":[["class","calibre13"]]},{"n":"span","x":"OPEC+","l":" said it would increase output, which raises the prospect of an oversupply of oil amid a slowing world economy. At one point Brent crude traded just below $60 a barrel. In mid-January Brent was at $82 a barrel.","a":[["class","calibre14"]]}]},{"n":"p","x":"Lower oil prices in the first quarter of 2025 were a factor behind the reduced profits reported by big energy companies. ","a":[["class","calibre12"]],"c":[{"n":"b","x":"Chevron’s","l":" net profit of $3.5bn was $2bn below the profit it made in the same quarter last year. ","a":[["class","calibre13"]]},{"n":"b","x":"ExxonMobil’s","l":" $7.7bn was down from $8.2bn. ","a":[["class","calibre13"]]},{"n":"b","x":"Shell’s","l":" adjusted profit fell by 28% to $5.6bn. Shell has dismissed rumours that it is interested in taking over ","a":[["class","calibre13"]]},{"n":"small","l":" which is struggling to convince investors of its turnaround plan. ","a":[["class","calibre17"]],"c":[{"n":"b","x":"BP","l":",","a":[["class","calibre13"]]}]},{"n":"span","x":"BP’","l":"s headline profit fell by half in the quarter, to $1.4bn.","a":[["class","calibre14"]]}]},{"n":"p","x":"Overcoming the recent tensions between the two countries, including over energy imports, ","a":[["class","calibre12"]],"c":[{"n":"b","x":"Sunoco","l":", an American oil company, struck a $9bn deal to buy ","a":[["class","calibre13"]]},{"n":"b","x":"Parkland","l":", a Canadian rival. If it survives any potential pushback from Mr Trump, the deal will create the biggest fuel distributor in the Americas.","a":[["class","calibre13"]]}]},{"n":"h4","x":"A Musky odour","a":[["class","calibre15"]]},{"n":"p","x":"Sales of ","a":[["class","calibre12"]],"c":[{"n":"b","x":"Tesla","l":" cars again fell heavily in Europe in April. In Germany they were down by 46%, year on year, and in France by over 50%. And in Britain, which had hitherto resisted the continent’s rejection of Tesla and Elon Musk, sales plunged by 62%.","a":[["class","calibre13"]]}]},{"n":"p","x":"Normally associated with assembling the iPhone, ","a":[["class","calibre12"]],"c":[{"n":"b","x":"Foxconn","l":" made a big push into the electric-vehicle market by striking a deal with ","a":[["class","calibre13"]]},{"n":"b","x":"Mitsubishi","l":". The cars will be developed by Foxtron, Foxconn’s ","a":[["class","calibre13"]]},{"n":"span","x":"EV","l":" subsidiary, and made in Taiwan for sale in Australia and New Zealand. Foxconn is eager to co-operate with Japanese carmakers. Earlier this year it considered buying a stake in Nissan in return for co-operation on technology.","a":[["class","calibre14"]]}]},{"n":"p","a":[["class","calibre12"]],"c":[{"n":"b","x":"Open","l":" abandoned its attempt to turn into a for-profit company and will remain under the control of a non-profit board. It is instead rejigging its for-profit subsidiary, which helps fund its ","a":[["class","calibre13"]],"c":[{"n":"span","x":"AI","a":[["class","calibre14"]]}]},{"n":"span","x":"R&D","l":" in artificial intelligence, to make it more investor friendly. The startup’s ambition to become a regular company has been criticised by Elon Musk, one of Open","a":[["class","calibre14"]]},{"n":"span","x":"AI’","l":"s founders, and others as a betrayal of its roots. A judge had recently ruled that Mr Musk’s attempt to block the conversion to a for-profit could proceed to court next year.","a":[["class","calibre14"]]}]},{"n":"p","x":"Orsted, the world’s biggest developer of ","a":[["class","calibre12"]],"c":[{"n":"b","x":"offshore-wind power","l":", halted work on a project in the North Sea that is meant to supply energy to 1m homes in Britain. It blamed rising costs and the risks from delays, which means the Hornsea 4 farm off the Yorkshire coast is not viable “in its current form”. The news is a blow to the ambitious (some say over-ambitious) desire of the Labour government for Britain to reach net-zero emissions by 2030.","a":[["class","calibre13"]]}]},{"n":"p","a":[["class","calibre12"]],"c":[{"n":"b","x":"Disney’s","l":" quarterly earnings pleased investors. Profit came in ahead of Wall Street’s expectations, helped by a jump in revenue from the Disney+ and Hulu streaming services. Disney’s theme parks also performed well. The company announced that it is to build a theme park in Abu Dhabi, its first in the Middle East.","a":[["class","calibre13"]]}]},{"n":"h4","x":"The Sage of Omaha","a":[["class","calibre15"]]},{"n":"div","a":[["class","calibre-nuked-tag-article"]],"c":[{"n":"img","a":[["src","images/img2_u4.jpg"],["title","Warren Buffett"],["class","calibre3"],["data-calibre-src","feed_0/article_1/images/img2_u4.jpg"]]}]},{"n":"div","a":[["class","calibre11"]]},{"n":"p","a":[["class","calibre12"]],"c":[{"n":"b","l":"announced his retirement as chief executive of Berkshire Hathaway, a conglomerate and investment company that he has led since the 1960s. The board approved Gregory Abel to replace Mr Buffett on January 1st 2026. Mr Abel was chosen as the heir in 2021 and oversees Berkshire’s businesses other than insurance. Once famous for his blockbuster acquisitions, Mr Buffett has said there are few such takeovers for Berkshire these days and has instead accrued a cash pile of $348bn. Berkshire’s stock has risen by 5.5m per cent since Mr Buffett took charge in 1965, vastly outperforming the ","a":[["class","calibre13"]],"c":[{"n":"a","x":"Warren Buffett·","l":" ","a":[["href","javascript:void(0)"],["rel","nofollow"],["data-eueMZIbjjuCPX9e9np7aa2","{\"name\": \"feed_13/article_5/index_u23.html\", \"frag\": \"\"}"]]}]},{"n":"span","x":"S&P 500.","l":" He will be 95 when he steps down.","a":[["class","calibre14"]]}]}]},{"n":"div","x":"\n","a":[["class","calibre_navbar"]],"c":[{"n":"hr","l":"\n","a":[["class","calibre6"]]},{"n":"p","x":"This article was downloaded by ","l":"\n","a":[["class","calibre16"]],"c":[{"n":"strong","x":"calibre","l":" from ","a":[["class","calibre13"]]},{"n":"a","x":"https://www.economist.com/the-world-this-week/2025/05/08/business","a":[["href","https://www.economist.com/the-world-this-week/2025/05/08/business"],["rel","calibre-downloaded-from"]]}]},{"n":"br","a":[["class","calibre-nuked-tag-article"]]},{"n":"br","l":" | ","a":[["class","calibre-nuked-tag-article"]]},{"n":"a","x":"Menú de sección","l":" | ","a":[["href","javascript:void(0)"],["data-eueMZIbjjuCPX9e9np7aa2","{\"name\": \"feed_0/index_u68.html\", \"frag\": \"article_1\"}"]]},{"n":"a","x":"Menú principal","l":" | ","a":[["href","javascript:void(0)"],["data-eueMZIbjjuCPX9e9np7aa2","{\"name\": \"index_u63.html\", \"frag\": \"feed_0\"}"]]}]}]}]},"ns_map":["http://www.w3.org/1999/xhtml"]}