Renaissance

Economist Neil Dutta Maintains His 2025 Recession Forecast Amidst Economic Uncertainties

1 month ago

In a recent assertion made by Neil Dutta, the head of U.S. economics at Renaissance Macro, the economist remains steadfast about his prediction of a potential recession in 2025. Dutta’s conviction comes against a backdrop of fluctuating economic indicators, prompting him to emphasize the importance of monitoring key trends that may influence the short-term economic outlook.

Insurance Industry Booms, Leading to a Surge in Private Credit

2 months ago

The insurance sector is experiencing a significant renaissance that is significantly impacting the private credit market. According to a recent analysis by Aon Benfield, this resurgence is predominantly fueled by a favorable investment landscape, with insurers increasingly turning to private credit as a strategic solution for diversifying their portfolios and enhancing yields.

Reviving Sales: How Barnes & Noble Is Benefiting from the BookTok Phenomenon

4 months ago

In a remarkable turn of events, bookstore giant Barnes & Noble has witnessed a resurgence in sales, largely attributed to the viral influence of BookTok, a community on TikTok dedicated to book lovers. This social media phenomenon has sparked renewed interest in reading among younger audiences, ultimately injecting fresh life into the brick-and-mortar retailer's bottom line.

Nigeria Greenlights Shell's $1.3 Billion Asset Sale to Renaissance

5 months ago

In a significant development in the energy sector, the Nigerian government has officially approved Shell's ambitious plan to divest $1.3 billion worth of oil and gas assets to Renaissance, a move that could reshape the landscape of the country's hydrocarbons industry. This decision comes in the backdrop of a broader government strategy aimed at attracting foreign investment while addressing domestic energy challenges.