Business
In response to recent US tariffs on Canadian goods, Ontario imposed a 25% levy on electricity exports to New York, Michigan, and Minnesota. This...
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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle
- Business
- Entrepreneurship
- Technology
- Economy
- Politics
- Finance
- Cryptocurrencies
Solana Memecoin Cabals Disrupt Crypto Frontier
Former Binance CEO Changpeng Zhao inspires flood of ‘Broccoli’ memecoins: ‘I am just posting my dog’s picture’
Coinbase posts near-record results, but stock slumps on concern over temporary ‘Trump bump‘
Coinbase posts $TKB in Q4 revenue on back of crypto bull market
Who is Alexander Vinnik, the Bitcoin criminal Trump freed in a prisoner exchange with Russia?
- Lifestyle
Fans react after Usher’s 2024 BET Awards speech is muffled.
Alcaraz makes early entry into all-court elite with French Open victory.
Meghan’s Lifestyle Brand Takes Off with Its Premier Product
Female Power: Songwriter Conquers Male Competition in Video Gaming
Ukrainian Amputee’s Survival: The Inspirational Role of His Wife’s Voice
- People
Timothée Chalamet jokes about Dune popcorn bucket, constantly losing at award shows in SNL open
UK’s King Charles urges compassion and care for the environment in times of conflict
In Christmas Day message, pope decries Gaza’s ‘appalling harvest’ of civilian deaths
An ex-FBI official is to be sentenced in the US over work for Russia’s Deripaska
A Ukrainian teen returns to Ukraine after being taken to Russia from occupied Mariupol
All posts tagged "Business"
Business
Major US market indices fell significantly, with the S&P 500 reaching a six-month low. This slump coincides with growing concerns about a probable US...
Business
Hims & Hers Health reported strong Q4 2024 revenue growth, surpassing expectations, but its stock fell 18% due to margin concerns and regulatory scrutiny...
Business
The Saver’s Credit helps low- and moderate-income earners reduce their tax bill while saving for retirement. Many eligible taxpayers miss out due to low...
Business
President Trump confirmed tariffs on Canada and Mexico will proceed as planned, emphasizing the need to protect U.S. industries. Despite concerns over trade relations...
Business
Nvidia's Q4 2025 earnings report, set for February 26, will highlight its AI market position amid competition from DeepSeek. Despite stock fluctuations and Blackwell...
Business
Making friends as an adult is challenging due to distance, life stage differences, and shifting values. However, fostering connections is possible through deep conversations,...
Business
The stock market had a mixed session on February 24, 2025, with AI stocks struggling while Bristol Myers Squibb outperformed, gaining over 3%. Defensive...
Business
JPMorgan Chase CEO Jamie Dimon criticized government inefficiency, advocating for reforms that ensure spending benefits citizens. With Elon Musk leading the new Department of...
Business
U.S. President Donald Trump and French President Emmanuel Macron held a pivotal White House meeting amid the Ukraine conflict. Key topics included ending the...
Business
Anthropic has unveiled **Claude 3.7 Sonnet**, a groundbreaking AI model with hybrid intelligence that adapts seamlessly to user queries. This innovation positions Anthropic as...
Business
Jamal Robinson retired at 40 with $3.6 million through disciplined saving and smart investments. Influenced by *The Millionaire Next Door,* *Die With Zero,* and...
Business
On February 24, 2025, Berkshire Hathaway surged 4% on strong earnings, while Meta and Palantir faced declines. Nike gained after an analyst upgrade, but...
Business
Jim Cramer analyzed the recent market drop, cautioning investors to wait for better conditions. He remains wary of Microsoft but sees potential in Eaton....
Business
Housing affordability varies widely across the U.S., with $300,000 buying 2,185 sq. ft. in West Virginia but only 443 sq. ft. in Hawaii. Rising...
Business
After her divorce left her financially uncertain, Venus Wang rebuilt her career with a bold pivot into AI. Within three years, she grew her...
Business
Starbucks is laying off 1,100 corporate employees amid declining sales, aiming to streamline operations and improve efficiency. CEO Brian Niccol emphasizes faster decision-making and...
Business
Stocks saw notable pre-market moves driven by earnings, analyst upgrades, and investor sentiment. Domino’s fell after missing estimates, while Nike gained on an upgrade....
Business
This week, investors watch Nvidia’s earnings, PCE inflation data, and competition in AI. Warren Buffett’s record $334.2 billion cash reserves spark speculation, while Elon...
Business
Germany’s 2025 election marks a conservative shift as Friedrich Merz’s CDU-CSU wins. With coalition talks ongoing, challenges include economic stagnation, rising AfD influence, and...
Business
Apple is investing $500 billion in U.S. manufacturing, including a new AI server facility in Houston. This expansion supports Apple Intelligence, creates 20,000 jobs,...
Business
A market panic erupted after reports suggested Microsoft was scaling back AI data center investments, triggering a tech sell-off. Concerns over slowing AI infrastructure...
Business
Germany’s 2025 federal election saw centrist parties suffer historic losses as far-right AfD and far-left Die Linke surged. With rising polarization, economic instability, and...
Business
The 2025 CNBC Changemakers list honors 49 trailblazing women transforming industries like AI, healthcare, and finance. Leaders such as Toyin Ajayi and Paris Hilton...
Business
Germany’s CDU-CSU, led by Friedrich Merz, won the 2025 federal election with 28.6% of the vote, ending political instability. With no majority, coalition talks...
Business
Prosus is acquiring Just Eat Takeaway for $4.3 billion in a major food delivery industry shake-up. The deal provides Just Eat Takeaway with financial...
Business
Global investors are shifting from India to China due to advancements in AI, boosting Chinese stocks. Meanwhile, India faces economic slowdown concerns. Despite China’s...
Business
Singapore’s inflation dropped to its lowest level since 2021, with headline inflation at 1.2% in January 2025. Core inflation also declined sharply, prompting the...
Business
Dan Bongino has been appointed FBI Deputy Director by new Director Kash Patel, marking a significant leadership shift. A former Secret Service agent and...
Business
Jim Cramer advises patience amid market volatility following last week’s sell-off. Concerns over inflation, Fed policy, and consumer spending fueled declines across multiple sectors....
Business
Elon Musk's push for federal efficiency under Trump’s administration has triggered controversy, with mass layoffs and a directive demanding job activity reports. Agencies resist,...
Business
Wall Street remained volatile as inflation concerns weighed on investors. The Dow rose 152 points, but tech stocks struggled. Key earnings, including Nvidia’s, and...
Business
American Airlines Flight 292 made an emergency landing in Rome due to a security concern on February 23, 2025. Escorted by fighter jets, the...
Business
Stocks face volatility as investors await key earnings, Fed signals, and inflation data. Nvidia, Home Depot, and Salesforce report this week, while the PCE...
Business
Germany’s 2025 federal election brought a major political shift, with CDU-CSU winning and Friedrich Merz set to become chancellor. AfD surged to second place,...
Business
U.S. hospitals face cybersecurity threats from Chinese-made medical devices, particularly the Contec CMS8000 monitor, which has a critical security flaw. Experts warn hackers could...
Business
The Trump administration, in collaboration with Elon Musk's Department of Government Efficiency, is executing historic federal job cuts, affecting up to 200,000 employees. While...
Business
Helping children build strong social skills starts with open communication, emotional validation, and empathy. Parents can encourage problem-solving, set boundaries, and prepare kids for...
Business
Parents’ financial habits shape children’s money mindset, as seen in Mellody Hobson’s journey from financial hardship to investment success. She emphasizes early financial education...
Business
Elon Musk’s directive for federal employees to justify their work in five bullet points or face resignation has sparked outrage. Unions and legal experts...
Business
MSG Networks has returned to Optimum after a nearly two-month blackout, restoring Knicks and Rangers coverage for frustrated fans. The new deal places MSG...
Business
Alphabet has introduced **Premium Lite**, a lower-cost YouTube subscription offering ad-free videos (excluding music). This move aims to expand YouTube’s subscriber base and reduce...
Business
India has been named the best solo travel destination for 2025 by Kensington, thanks to its rich culture, history, and diverse experiences. From the...
Business
Warren Buffett's Berkshire Hathaway has aggressively sold stocks, amassing a record $334 billion in cash. Major divestments include Apple and Bank of America, while...
Business
Warren Buffett’s 2025 letter reaffirms his confidence in stocks over cash, endorses Greg Abel as a strong successor, and highlights Berkshire Hathaway’s growing investments...
Business
Walmart’s stock dropped nearly 9% despite beating earnings expectations, driven by concerns over slowing profits and new tariffs. Former Walmart U.S. CEO Bill Simon...
Business
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway’s Q4 2024 earnings showed strong operating profits, driven by insurance gains, despite a drop in net earnings. Buffett’s cautious strategy led to...
Business
Ukraine faces escalating challenges as U.S. support wanes under President Trump, while Russia advances militarily and diplomatically. With Washington shifting priorities and engaging directly...
Business
The U.S. is pressuring Ukraine to grant access to critical minerals, with reports suggesting Starlink access could be restricted as leverage. Zelenskiy has resisted,...
Business
Amazon workers at the RDU1 facility in North Carolina voted against unionizing, with 2,447 opposing and 829 in favor. Despite the setback, labor organizers...
Business
The Trump administration faces backlash after mass layoffs at the National Nuclear Security Administration, unintentionally impacting national security. Officials scrambled to rehire essential employees,...
Business
Filing taxes can be stressful, and IRS audits, though rare, often stem from common mistakes like income mismatches, excessive deductions, and EITC errors. To...
Business
Travel expert Rebecca Smiley advises splurging on accommodations for comfort and location while saving on flights to maximize vacation budgets. She highlights the rise...
Business
The 2025 Munich Security Conference highlighted how Putin’s war in Ukraine inadvertently strengthened NATO, boosting unity and defense coordination. Key discussions included Ukraine’s NATO...
Business
Financial expert Ramit Sethi warns that saying “We can’t afford it” fosters a scarcity mindset in kids. Instead, parents should frame money decisions around...
Business
Unemployment in Washington, D.C. is rising as federal job cuts take effect under President Trump’s downsizing efforts. With Elon Musk leading efficiency reforms, thousands...
Business
A potential Russia-Ukraine peace deal may be imminent, but Europe’s limited role sparks tensions. U.S. envoy Keith Kellogg signals swift negotiations, with possible territorial...
Business
EatOkra and Black Foodie Finder are revolutionizing Black-owned restaurants by enhancing visibility, marketing, and community engagement. Through technology, events, and partnerships, they empower restaurateurs...
Business
The 2025 Munich Security Conference highlighted NATO’s urgent need for increased defense spending and unity amid rising geopolitical threats. NATO Secretary General Mark Rutte...
Business
At the 2025 Munich Security Conference, Ukrainian President Zelenskyy urged Europe to form its own army, emphasizing the need for defense independence amid rising...
Business
The U.S. has proposed a deal granting a 50% stake in Ukraine’s rare earth minerals in exchange for past military aid. While the Trump...
Business
Trump Media & Technology Group (TMTG) reported a $400.9 million loss in 2024, citing legal costs, advertising shifts, and revenue-sharing changes. Despite this, TMTG...
Business
Billionaire investor Stanley Druckenmiller reshaped his portfolio in late 2024, taking major stakes in airlines, Amazon, and Warner Brothers Discovery while exiting Broadcom. His...
Business
Elon Musk’s $97.4 billion bid to take over OpenAI was rejected, deepening his rift with CEO Sam Altman. OpenAI remains committed to its for-profit...
Business
Tech giants Apple and Nvidia surged, while Wells Fargo cleared another regulatory hurdle, boosting investor confidence. Apple’s AI expansion in China and Nvidia’s AI-driven...
Business
Bill Gates struggled with leaving Harvard to fully commit to Microsoft. Initially hesitant, he valued education but recognized the urgent opportunity in personal computing....
Cryptocurrencies
A simple dog photo from former Binance CEO Changpeng Zhao unexpectedly sparked a Broccoli-themed memecoin frenzy. Social media hype led to the rapid creation...
Business
At the 2025 Munich Security Conference, U.S. Vice President JD Vance clashed with European leaders, criticizing Europe’s internal democratic challenges and migration policies. German...
Cryptocurrencies
Coinbase reported strong Q4 2024 earnings, driven by increased crypto trading and rising asset prices. Despite this, its stock declined, partly due to uncertainty...
Business
Stocks fluctuated on February 14, 2025, as earnings reports drove gains for Airbnb, Roku, and WeRide, while Coinbase, Twilio, and GoDaddy declined. Nvidia’s investment...
Business
Airbnb’s stock surged 14.5% after reporting record Q4 2024 earnings, with revenue hitting $2.48 billion and net income reaching $461 million. CEO Brian Chesky...
Business
Jim Cramer’s CNBC Investing Club remains confident despite recent stock pullbacks, emphasizing long-term growth over short-term reactions. Key topics included Palo Alto Networks’ decline,...
Business
The DOJ’s dismissal of corruption charges against NYC Mayor Eric Adams amid immigration policy disputes has sparked controversy. Top prosecutors resigned in protest, raising...
Business
Roku's stock surged 14% after its strong Q4 earnings report, with revenue hitting $1.2 billion, exceeding expectations. The platform now has 89.8 million streaming...
Business
You can still lower your 2024 taxable income by up to $17,300 with last-minute contributions to an IRA and HSA before the April 15,...
Business
Global leaders at the Munich Security Conference 2025 debated the urgency of peace in Ukraine. President Trump’s diplomatic outreach to Russia and Ukraine sparked...
Business
Starting in 2024, the IRS will lower the Form 1099-K reporting threshold to $5,000 for business transactions via payment platforms like PayPal and Venmo....
Business
The stock market saw major premarket moves on February 14, 2025. Roku and Airbnb surged on strong earnings, while Moderna and Informatica fell on...
Business
Warren Buffett’s Berkshire Hathaway trimmed its stake in DaVita amid a weaker 2025 outlook, causing an 8% stock decline. Rising costs and dialysis center...
Business
Stock futures dipped amid new trade policy shifts from President Trump, while GameStop surged on crypto investment speculation. Major retailers scaled back DEI commitments,...
Business
Meta, under Mark Zuckerberg, is shifting politically, easing content moderation, and restructuring internally. Aligning with Trump, it disbanded DEI programs and fact-checking services, raising...
Business
Major retailers like Target and Walmart are scaling back DEI initiatives, impacting Black-owned brands' access to shelf space. While companies like Sephora and Costco...
Business
Moderna faces financial challenges as Covid vaccine sales decline, reporting a $1.12 billion Q4 2024 loss. To adapt, the company is cutting costs and...
Business
The NBA’s financial boom continues in 2025, with the Golden State Warriors leading at $9.4 billion. A record-breaking $76 billion media rights deal is...
Business
Hermès defied industry challenges in Q4 2024, posting a 17.6% sales increase to €3.96 billion. Strong demand for leather goods and unwavering customer loyalty...
Business
Sony’s stock surged 10.7% as PlayStation 5 sales and record user engagement drove strong growth. Sony raised its profit forecast to ¥1.34 trillion, with...
Business
TikTok is back in U.S. app stores after a legal battle over national security concerns. Newly elected President Donald Trump delayed enforcement of a...
Business
Palo Alto Networks reported strong Q2 2025 earnings, surpassing expectations with $2.26 billion in revenue and $0.81 EPS. However, cautious guidance and unmet high...
Business
The U.S. and India aim to double trade to $500 billion by 2030, despite tariff disputes. Key discussions focused on trade, defense, technology, and...
Business
Singapore’s economy grew 4.4% in 2024, its fastest since 2021, driven by electronics, finance, and trade. However, retail and food sectors lagged due to...
Business
Stock markets faced slight declines on Friday due to trade uncertainty but ended the week positively. Trump's measured tariff approach and cooling inflation data...
Business
After-hours trading on February 13, 2025, saw major stock swings. Roku and Airbnb surged on strong earnings, while GameStop climbed on crypto investment rumors....
Business
Elon Musk, as Head of Government Efficiency under Trump, criticized outdated federal record storage in a Pennsylvania limestone mine, advocating for full digital transformation....
Business
GameStop is reportedly exploring Bitcoin investments, sparking a 20% stock surge. Under Ryan Cohen’s leadership, the company is evaluating cryptocurrency as part of its...
Cryptocurrencies
Coinbase reported a $1.3 billion profit in Q4 2024, driven by a crypto market surge and increased trading activity. Bitcoin and Ethereum’s price gains...
Business
Coinbase reported exceptional Q4 2024 earnings, with revenue reaching $2.27 billion, driven by a 185% surge in trading volume. The launch of a Bitcoin...
Business
The **Social Security Fairness Act (SSFA)** eliminates the **WEP** and **GPO**, increasing benefits for 3.2 million retirees. However, **SSA funding shortfalls** and **logistical challenges**...
Business
Defense stocks tumbled after Trump proposed cutting Pentagon spending by 50%, sparking investor concerns. Major contractors saw share declines, highlighting market sensitivity to policy...
Cryptocurrencies
Alexander Vinnik’s release in a U.S.-Russia prisoner swap raises concerns about cybercrime enforcement and political influence over legal outcomes. His case highlights cryptocurrency’s role...
Business
After a tough 2024, CVS Health is rebounding in 2025 with a 45% stock surge. Under new CEO David Joyner, cost-cutting and restructuring efforts...
Business
Tech stocks showed resilience despite inflation concerns, with Apple teasing a new product, Nvidia strengthening its AI chip dominance, and Meta seeing an extended...
Business
President Trump’s new reciprocal tariff plan aims to impose duties on countries with higher import taxes on U.S. goods. While intended to level the...
Business
GE Healthcare's stock surged 9% after strong earnings and an optimistic 2025 outlook. The company reported solid margins, AI-driven innovations, and FDA-approved products like...
Business
On February 13, 2025, earnings reports drove major stock movements. Robinhood, AppLovin, and Dutch Bros surged on strong results, while West Pharmaceutical and Trade...
Business
Stocks rallied despite inflation concerns, with GE Healthcare surging on strong earnings and Palo Alto Networks’ results highly anticipated. DuPont gained after an analyst...
Business
Efforts to dismantle the U.S. Department of Education, led by Donald Trump and Elon Musk’s DOGE team, could reshape education and student loan management....
Business
Former President Trump is considering higher car tariffs on South Korea and Japan, potentially raising U.S. vehicle prices. South Korean automakers, benefiting from tariff-free...
Business
A recent report reveals that Philadelphia has overtaken Miami as the top destination for relocating New Yorkers. Affordability, job opportunities, and cultural familiarity make...
Cryptocurrencies
Plasma has raised $24 million, led by Framework Ventures, to develop its own blockchain for stablecoins. This move aims to enhance security, reduce costs,...
Business
Former President Trump introduced reciprocal tariffs, imposing matching duties on countries taxing U.S. goods. The policy targets VATs and perceived trade imbalances, sparking support...
Business
The stock market saw gains and losses on February 13, 2025, driven by inflation concerns, trade tariffs, and corporate earnings. Tech stocks surged, with...
Business
The latest Producer Price Index report indicates mixed inflation trends, with wholesale prices rising 0.4% in January. While some service costs declined, food and...
Business
Stocks saw sharp premarket swings, with Robinhood, AppLovin, and Dutch Bros surging on strong earnings, while Trade Desk and Reddit declined on weak guidance....
Business
U.S. investors and Big Pharma are increasingly partnering with Chinese biotech firms for innovative drug development. This shift challenges American startups while offering cost-effective...
Business
Markets are volatile as inflation rises unexpectedly, the Fed delays rate cuts, and corporate shake-ups impact stocks. Reddit tumbles after a Google algorithm shift,...
Business
Elon Musk has launched a $97.4 billion bid to acquire OpenAI’s nonprofit division, arguing the company is shifting toward profit-driven motives. OpenAI CEO Sam...
Business
At the 2025 World Governments Summit, Elon Musk advocated for eliminating U.S. government agencies to curb bureaucracy. As head of the Department of Government...
Business
U.S. President Donald Trump has launched high-level peace talks between Russia and Ukraine, raising hopes and concerns. While diplomacy continues, questions remain over potential...
Business
Apple is integrating Alibaba’s AI technology into iPhones sold in China to comply with local regulations and enhance AI capabilities. This partnership strengthens Apple’s...
Business
Honda and Nissan have ended merger talks due to structural disagreements but plan future collaboration on EV and intelligent vehicle technology. While a $60-billion...
Business
At the World Governments Summit, Ray Dalio warned of a looming U.S. debt crisis, calling for urgent fiscal reforms. He cautioned that soaring debt...
Business
Barclays reported a strong 24% profit growth in 2024 but faced investor skepticism due to cautious guidance. Despite strategic cost-cutting and acquisitions, concerns over...
Business
The UK economy grew by 0.1% in Q4 2024, defying contraction forecasts. Services and construction sectors drove growth, while production declined. The Bank of...
Business
Sony’s PlayStation 5 had a stellar holiday season in late 2024, selling 9.5 million units and boosting the company’s financial performance. Strong demand and...
Business
Commerzbank is restructuring to enhance efficiency and profitability, cutting 3,900 jobs by 2028 while maintaining a stable workforce. It has raised financial targets, reported...
Business
European stocks hit new highs as strong corporate earnings and hope for Russia-Ukraine peace talks boosted sentiment. Germany’s DAX surged 2.1%, while Siemens and...
Business
X, formerly Twitter, settled a lawsuit with President Trump for $10 million over his 2021 account suspension. The agreement reflects Elon Musk’s shift toward...
Business
The stock market surged on February 13, 2025, after Trump delayed tariffs, boosting investor confidence. Tech stocks led the rally, with Nvidia rising 3.2%...
Business
After-hours trading on February 12, 2025, saw major stock swings. Robinhood, AppLovin, and Dutch Bros surged on strong earnings, while Reddit, The Trade Desk,...
Cryptocurrencies
Robinhood reported a record $1 billion in Q4 2024 revenue, driven by a 500% surge in crypto trading fees. CEO Vlad Tenev highlighted crypto’s...
Business
Cisco’s stock surged 6% following strong Q2 2025 earnings, beating estimates and raising its full-year revenue forecast. Key drivers included the $27 billion Splunk...
Business
Reddit’s stock dropped over 15% after Google’s algorithm update impacted traffic, especially among logged-out users. Despite missing user growth expectations, Reddit exceeded financial forecasts...
Business
Elon Musk’s DOGE initiative has taken over key offices in the Department of Education, implementing aggressive budget cuts and reducing FAFSA funding. Critics warn...
Business
The CFPB has laid off dozens of employees in a broad restructuring under new leadership, sparking legal and political controversy. The move, aligned with...
Business
Markets fluctuated on February 12, 2025, as inflation concerns and Trump’s proposed tariffs unsettled investors. Bond yields surged, impacting stocks, while Tesla boosted consumer...
Business
The FCC has launched an inquiry into Comcast and NBCUniversal’s DEI policies, following President Trump’s 2025 executive order against such initiatives. Chairman Brendan Carr...
Business
President Trump’s reciprocal tariff plan aims to impose duties on imports from countries that tax U.S. goods. Ahead of his meeting with Indian Prime...
Business
CVS Health CEO David Joyner defended pharmacy benefit managers (PBMs), blaming drugmakers for high prices. While PBMs negotiate discounts, critics argue they keep savings...
Business
CVS Health CEO David Joyner blames pharmaceutical companies for high drug prices, while critics argue PBMs like CVS Caremark inflate costs. As government scrutiny...
Business
CVS Health CEO David Joyner defends pharmacy benefit managers (PBMs) amid criticism over rising drug prices, blaming pharmaceutical manufacturers for cost increases. Lawmakers, regulators,...
Cryptocurrencies
Goldman Sachs has expanded its crypto investments, surpassing $2 billion in Bitcoin and Ethereum ETFs. This move highlights growing institutional adoption of digital assets,...
Business
Inflation and tariffs are creating challenges for Meta and Alphabet, slowing digital ad growth and impacting revenue from Chinese advertisers. Both companies are turning...
Business
Meta and Alphabet face challenges in 2025 from inflation and trade tariffs, impacting digital ad revenue. Meta bets on AI-driven ad tools and Reels,...
Business
Rising inflation and new tariffs are impacting Meta and Alphabet, leading to cautious ad spending. With digital ad growth slowing, both companies are leveraging...
Business
Stephen A. Smith, the outspoken ESPN personality, recently discussed his political aspirations, stating he’d love to be president but refuses to campaign. He admitted...
Cryptocurrencies
BitGo is reportedly considering an IPO in 2025, signaling growing institutional demand for secure crypto storage. A public listing could boost its credibility, attract...
Cryptocurrencies
Legend, a new DeFi platform, has secured $15 million in funding from a16z and Coinbase Ventures to enhance decentralized finance. Led by ex-Compound executives,...
Cryptocurrencies
The SEC has paused its lawsuit against Binance, signaling a potential shift in crypto regulation under the Trump administration. A new crypto task force...
Cryptocurrencies
Uniswap Labs has introduced Unichain, a Layer 2 blockchain designed to enhance transaction speed and reduce costs. By integrating its decentralized exchange with blockchain...
Cryptocurrencies
Kanye West denies rumors of launching a cryptocurrency, distancing himself from the volatile market. Meanwhile, Dave Portnoy embraces Solana-based memecoins, actively investing and sharing...
Cryptocurrencies
Coinbase reported strong Q4 profits, driven by surging trading volumes and growing institutional interest. Diversified revenue streams, including subscriptions and services, contributed to its...
Business
Franklin Resources is laying off 300 employees, or 3% of its workforce, following $120 billion in client withdrawals from its subsidiary, WAMCO. The move...
Business
Clorox's inspiring recovery from a 2023 cyberattack showcases resilience and innovation. By enhancing cybersecurity, revising strategies, and leaning on trusted products like Formula 409,...
Business
Palantir Technologies stunned Wall Street with record-breaking Q4 2024 earnings, showcasing 36% year-over-year revenue growth to $828 million. Fueled by its dominance in AI...
Business
MUFG, Japan's largest financial institution, is on track for record profits of ¥1.75 trillion. Leveraging favorable economic conditions, CFO Jun Togawa emphasizes sustainable global...
Business
Apple surged 6% on Wall Street, outperforming a turbulent tech sector despite challenges like declining China sales. Record-breaking 46.9% gross margins and a strong...
Business
On January 27, 2025, a tech-driven selloff erased $108 billion from the fortunes of the world’s wealthiest, sparked by struggles at AI giant DeepSeek....
Business
Amazon has appointed Whole Foods CEO Jason Buechel to lead its global grocery operations, signaling a bold push to redefine the grocery industry. With...
Business
Amazon is transforming Prime Video to achieve profitability by 2025, focusing on live sports, integrating third-party channels, and diversifying revenue streams. Led by CEO...
Business
Alphabet Inc. reached a major milestone as its shares closed above $200 for the first time, driven by a strong focus on AI innovation...
Business
Major banks, led by Morgan Stanley, are preparing a $3 billion discounted debt sale tied to Elon Musk’s $44 billion X acquisition. Set for...
Business
The future of Fannie Mae and Freddie Mac, key players in the U.S. housing market, remains uncertain. A JPMorgan survey reveals investor division over...
Business
Argentina's energy sector has achieved a historic $5.7 billion trade surplus in 2024, fueled by the Vaca Muerta shale boom. With expanded pipelines, rising...
Business
European markets grappled with mixed outcomes on January 21, 2025, amid political shifts, corporate shifts, and economic recalibrations. Renewable energy giant Orsted faced losses,...
Business
The stock market rallied last week, buoyed by easing inflation concerns and strong corporate earnings. With Trump’s return impacting policy speculation and key companies...
Business
The mining sector braces for transformative mergers amid surging demand for copper, critical to renewable energy technologies. Speculation around a $150 billion Rio Tinto-Glencore...
Business
Gold’s soaring value masks its grim toll: illegal mining fuels environmental destruction, human suffering, and lost revenues in resource-rich nations. Communities face poisoned waterways,...
Business
Greenland's melting ice reveals vast mineral wealth, including nickel, copper, and rare earth elements critical for green energy. While this sparks global interest and...
Business
In 2024, electrified vehicles hit a milestone, accounting for 20% of U.S. new car sales. With 3.2 million EVs and hybrids sold, Tesla led...
Business
On January 16, 2025, markets saw mixed momentum as sectors navigated earnings surprises and strategic shifts. UnitedHealth and Southwest faced setbacks, while Morgan Stanley,...
Business
BP is cutting 4,700 jobs and 3,000 contractor roles globally to save $2 billion by 2026, citing declining oil output and weaker refinery margins....
Business
Core inflation eased to 3.2% in December 2024, signaling progress in taming rising prices. However, high costs in shelter and transportation persist, straining household...
Business
Premarket action on January 15, 2025, highlighted record-breaking earnings from Wall Street giants like JPMorgan and Goldman Sachs, alongside surging quantum computing stocks driven...
Business
Citigroup’s impressive Q4 2024 results mark a remarkable turnaround under CEO Jane Fraser’s leadership. With a $2.86 billion net income, 12% revenue growth, and...
Business
Wells Fargo closed 2024 with stellar results, exceeding earnings expectations and delivering $5.1 billion in net income—a 47% YOY increase. Under CEO Charlie Scharf’s...
Economy
Japan-based Cover Corp, through its Hololive Production division, is revolutionizing virtual entertainment with VTubers like Gawr Gura and Mori Calliope. Expanding rapidly in the...
Business
A routine day in Washington, D.C., turned chaotic when law enforcement thwarted an attempted stabbing inside a business. The swift arrest of the unidentified...
Economy
As the global economy heads into 2025, challenges abound with inflation, trade conflicts, and geopolitical shifts shaping the landscape. Donald Trump’s return to the...
Business
Industries in 2025 are witnessing transformative innovation, from eye-tracking devices revolutionizing accessibility to automated food safety systems. Highlights include Lockheed Martin’s $11.8B F-35 deal,...
Business
In the wake of Walmart’s departure as a major stakeholder and a stagnating Chinese e-commerce market, JD.com must persuade investors of its importance. This...
Technology
Anthropic stated on Thursday that the advantages of California’s updated measure, which aims to control the development and deployment of artificial intelligence within the...
Economy
Friday saw dollar weakness as investors braced for Jackson Hole address by Federal Reserve Chair Jerome Powell, while the yen topped other currencies in...
Economy
After a bank official was freed from captivity, activities at Libya’s central bank (CBL) were restored. Musaab Muslamm, chief of the bank’s information technology...
Technology
Downing Street has stated that the ability to turn off electronic devices when not in use is crucial to productivity and has the...
Business
Six individuals, including British IT entrepreneur Mike Lynch and his 18-year-old daughter, went missing when the luxury yacht Bayesian went down early Monday morning...
Economy
The social networking site claimed that Alexandre de Moraes, a judge on Brazil’s highest court, had threatened to imprison its Brazilian legal counsel unless...
Economy
Elon Musk’s daughter, Vivian Jenna Wilson, has spoken out against her father’s recent transphobic comments. Wilson is the daughter of Elon Musk and X,...
Politics
Athletes competing in the Olympics may not be the easiest romantic targets this year: In an effort to shield athletes from potential hostility or...
Business
The Oversight Board reported Thursday that Meta failed to remove an explicit, AI-generated image of an Indian public figure until it was questioned by...
Economy
Matthias Heck, Moody’s industry analyst, estimates that electric vehicles would have attained that market share after 2035 without these rules. He said the EPA’s...
Business
In a court filing late Friday, the Justice Department warned that letting TikTok’s parent corporation run it might allow the Chinese government to surreptitiously...
Business
The universal childhood experience of writing a fan letter to an idol? Mickey Mouse, please save my 1999 Disneyland note. New Google ads claim...
Economy
Home Depot says people are less likely to spend money on home improvements because they are unhappy with the economy. The big store for...
Economy
As a venture capitalist, JD Vance often talked about the rules he followed when investing in a business: the company should not only make...
Technology
The order came after Austin talked on the phone with Yoav Galant, the Israeli minister of defense, on Sunday evening. Tensions were rising after...
Politics
In 2023, Trump shared a picture of himself being booked into a Georgia jail. That was the last time he wrote on the site....
Politics
Harris has a different tone than Biden when she talks about Gaza and other Middle East problems, but her policies are exactly the...
Politics
In recent years, some Black voters have left Democrats. Will Kamala Harris convince them to vote Democratic again? Kamala Harris replaced Joe Biden...
Politics
Donald Trump, a candidate for the presidency of the United States, has implied that Iran had hacked his campaign. Late on Saturday night, the...
Business
US auto regulator initiates investigation into more than 330,000 Hyundai SUVs regarding safety belts
U.S. auto safety regulators announced on Friday the preliminary evaluation of about 332,288 Hyundai SUVs in the US regarding a potential defective seat belt....
Business
As production of the Ram 1500 Classic vehicle comes to a close, Stellantis the parent company of Chrysler, is ending production and potentially laying...
Business
Retail investors were buyers during the recent rollercoaster in U.S. stock markets, taking advantage of a sharp decline in popular tech shares, according to...
Business
Children’s Health Defense, a Robert F. Kennedy Jr.-founded anti-vaccine group, attempted to have Meta Platforms overrule its censorship of Facebook posts that spread false...
Business
Thyssenkrupp said on Saturday that its steel business needs to be reorganized so that it can use its own earnings to pay for investments....
Business
U.S. short-seller Hindenburg Research claimed that India’s market regulator head, Madhabi Puri Buch, invested in Adani Group-used offshore funds. Buch rejected the report’s charges...
Business
As production of the Ram 1500 Classic vehicle comes to a close, Stellantis the parent company of Chrysler, is ending production and potentially laying...
Business
According to research, retail investors bought prominent tech shares during the recent U.S. stock market rollercoaster, taking advantage of a severe collapse. They also...
Business
Tesla’s website stated that it will begin shipping the $100,000 Cybertruck this month after stopping orders for the $61,000 model. Elon Musk has invested...
Business
Lufthansa’s Disco Lufthansa’s leisure subsidiary, Discover Airlines, has agreed to raise pay for workers in the cockpit and the cabin. This is the first...
Business
Nasdaq is proposing penny stock regulation changes to speed up and tighten delisting for non-compliant companies, according to a filing released on its website...
Business
Industry data suggests that Chinese airlines are gaining market share on international routes due to weak Chinese travel demand, increased costs, and longer flight...
Economy
As retailers prepare for a possible port worker strike and Red Sea attacks ahead of a curtailed holiday shopping season, they are stoking a...
Business
According to data, analysts, and industry sources, global oil demand growth must quicken in the coming months, or the market would struggle to absorb...
Finance
The probability of a recession is uncertain and cannot be accurately predicted. Goldman Sachs has increased the probability of a U.S. recession to 25%....
Business
According to Bloomberg News, which cited sources familiar with the situation, Bytedance, the owner of TikTok, is gearing up to extend a $5 billion...
Business
Indian baby items store FirstCry raised $501 million after a slow start. The IPO raised $3.36 billion on Thursday as investors bet on infant...
Economy
The Steel Authority of India (SAIL) reported a drop in its first-quarter profit on Thursday. This was due to weak domestic demand, as prices...
Economy
A severe U.S. employment market slowdown that sparked days of global stock-market turbulence also raised speculation that the Federal Reserve may lower rates before...
Business
Ethiopia’s securities exchange is set to commence operations in October, according to media reports.
The chief executive of Ethiopia’s securities exchange announced that operations are set to commence in October, according to state-affiliated media on Thursday. The...
Politics
Democrats and Republicans fight over issues in presidential elections. They also downplay common ground. Priorities shift; parties waiting for a decisive election wish to...
Business
Shopify beat analysts’ estimates for second-quarter results and expected upbeat sales growth on Wednesday as its AI-enabled tools attracted more merchants to its e-commerce...
Business
In premarket trading on Wednesday, shares of Airbnb fell about 16%. The online travel company had already predicted lower revenue for the third quarter,...
Business
The New York Time easily surpassed predictions for digital subscriber growth in the second quarter, thanks to its policy of bundling services and strong...
Business
Walt Disney reported on Wednesday quarterly earnings that exceeded Wall Street expectations, buoyed by the success of animated Pixar film “Inside Out 2”, which...
Business
According to a statement made on Wednesday by the U.S. auto safety commission, 77,131 Nissan vehicles are currently under preliminary review due to reports...
Business
The interest rate on the most popular U.S. house loan fell to its lowest level in 15 months last week as the Federal Reserve...
Business
World markets have rallied strongly from days of instability, thanks in part to Bank of Japan practically apologizing on Wednesday for its involvement...
Business
On Tuesday, Elon Musk’s X social networking platform filed a lawsuit against a worldwide advertising alliance and other large corporations, including Mars and CVS...
Business
By predicting greater transaction and advertising fees as well as more orders on its online grocery delivery platform, Instacart wagered on Tuesday that its...
Business
To fortify the electrical system against the increasing dangers posed by severe weather, the Biden administration said on Tuesday that it will be investing...
Business
Uber’s second-quarter results topped Wall Street expectations due to solid demand for its ride-sharing and food-delivery services, driving its shares up 5% on Tuesday....
Business
Lucid Group stated Monday that its largest stakeholder, Saudi Arabia’s Public Investment Fund, will invest up to $1.5 billion in new SUV production. Shares...
Business
Analysts believe a recent crash in foreign equity markets is more due to investors winding down carry trades than a shift in the U.S....
Business
New York Google now joins Microsoft.By the same legal standard, Alphabet’s online search As with the software developer in 2001, colossus is a monopolist....
Business
The U.S. Public Transportation Security Board will address key observers from Boeing Soul Aero Systems and the Government Flying Organization on the mid-air lodge...
Economy
Family members prayed and honored Patricia Portillo and Brayan Godoy. On Saturday, people gathered outside a closed Las Colinas Chick-fil-A to memorialize two employees...
Technology
South Dallas AT&T customers lose service following copper cable theft. Due to copper wire theft, AT&T customers in South Dallas are experiencing lengthy service...
Business
On Friday, Renault-backed premium EV company BeyonCa and Dongfeng Motor announced plans to build Hong Kong’s first vehicle brand’s final assembly factory and worldwide...
Technology
A corporate spokesman told a parliamentary committee on Friday that Facebook owner Meta may restrict Australian news material if the government requires licensing payments....
Economy
Megha Engineering & Infrastructures (MEIL), an Indian multi-sector infrastructure corporation, received a contract for 128 billion rupees ($1.53 billion) in a tender issued by...
Business
Despite pressure from food inflation, Brazilian consumer prices climbed less than predicted in the month to mid-June, according to data released on Wednesday...
Business
Bharti Airtel (BRTI.NS), opens new tab paid 68.57 billion rupees ($820.80 million), the highest among its peers, to buy telecom spectrum in a government...
Business
Russian court ordered Italian bank UniCredit to pay 448.2 million euros ($479.44 million) in a case over an unsuccessful gas project filed by St...
Economy
Beginning Friday, JPMorgan’s widely followed developing market debt index will include India’s government bonds. The September shift allowed billions of dollars to enter the...
Politics
On Wednesday, Italian Prime Minister Giorgia Meloni said that the government will strive to remedy the European Union ban on the sale of new...
Business
Reliance Industries and private banks led Indian benchmarks to new closing highs for the second straight session on Wednesday as investors sought better values...
Economy
Some experts fear a rare unexpected adjustment to Japan’s first-quarter GDP may sharply reduce the central bank’s growth expectations and the timing of its...
Economy
Forecasts for an inventory decrease during the third quarter peak summer demand season and geopolitical uncertainties from the Middle East war kept Brent oil...
Business
European stock markets fell on Wednesday ahead of a French election and a major U.S. inflation figure, as the yen fell to its lowest...
Business
Wall Street’s major indexes began lower on Wednesday as semiconductor and megacap companies gave up early gains, with investors anticipating a key inflation data...
Economy
On Wednesday, the yen fell to its lowest level versus the dollar since 1986, leaving currency markets on edge for any hints of Japanese...
Business
Boaz Weinstein, a prominent investment manager, said Tuesday that although uncertainty over the November presidential election in the United States may cause market volatility,...
Business
Tesla said on Tuesday that it was recalling most Cybertrucks in the United States because of problems with its windshield wipers and external trim,...
Economy
According to two sources, RTX Corp subsidiary Collins Aerospace is in talks with NASA to cancel its contract to build new spacesuits for International...
Economy
Equipment Leasing and fund Association (ELFA) said on Tuesday that U.S. corporations borrowed 11% more to fund equipment investments in May than a year...
Business
CDK Global does not anticipate its dealer management software, used by US dealers, to be restored by the end of the month due to...
Technology
Popular social media network Reddit has taken preemptive measures to preserve its material. A web standard used by the platform to restrict automated data...
Business
On Tuesday, KKR strategically acquired 18 multifamily real estate properties from Quarterra Multifamily’s closed-end fund for a significant $2.1 billion. It has 5,200 units...
Business
On Tuesday, Nvidia shares rose nearly 7% after a three-session downturn that destroyed $430 billion from the artificial intelligence chipmaker’s market worth. Nvidia’s shares...
Business
Amazon CEO Andy Jassy emailed employees revised return-to-work guidelines in February 2023. Starting on May 1, 2023, most Amazon employees were required to work...
Business
Elon Musk helps me understand which laws in America are complex (contract law, possibly copyright law) and which are conventions. If you’re rich...
Technology
LG Electronics of South Korea has teamed up with ChargePoint to deploy more electric vehicle charging stations in the United States, the firms announced...
Business
Henrik Fisker attempted to emulate Elon Musk’s charisma but failed. Like other electric vehicle companies, we have faced various market and macroeconomic headwinds that...
Technology
CDK Global, which offers management software to over 15,000 car dealerships in North America, is down for the second day due to a cyberattack,...
Technology
The e-commerce company claims to have already replaced 95 percent of plastic air packing with totally recyclable paper filler. Amazon is on pace to...
Technology
Twitch abruptly removed one of its top performers, Herschel “Guy” Beahm, also known as Dr Disrespect, in 2020 without explanation. Now, four years after...
Technology
The USB power bank-powered laptop dish contains the Wi-Fi router. The new DC-powered Starlink Mini, the size of a thick laptop, combines the Wi-Fi...
Technology
Antstream launches in the App Store on June 27th with over 1,300 Atari, Amiga, and Nintendo games. Backbone gaming controller with iPhone showing Antstream...
Economy
Mexico has recorded 155 fatalities due to extreme heat since March, including 30 in the last week alone, the government said Thursday. A...
Economy
The European Commission has issued a reprimand to France, along with Belgium, Italy, Hungary, Malta, Slovakia, and Poland, for exceeding their budget deficits. According...
Business
A Chinese “underground banking” network is suspected by the US of aiding Mexico’s Sinaloa narcotics cartel in money laundering and other crimes. The DoJ...
Technology
Last week, Apple became the latest mobile phone vendor to announce AI for its OS. Siri will include Apple Intelligence to simplify phone use....
Technology
Previous administrations failed to unify millions of Kenyans across ethnicity and party as President William Ruto has. On Tuesday, hundreds of trainer-wearing activists blocked...
Business
Family members of two Boeing 737 Max plane crash victims demand prosecution and $24.8bn for “the deadliest corporate crime in US history.” For the...
Business
Chinese automakers allegedly demanded 25% import taxes on EU rivals’ automobiles if tariffs are imposed on Chinese vehicles during a closed-door meeting. European carmakers...
Politics
Republican Wednesday, Louisiana Governor Jeff Landry signed the bill. Louisiana is the first state to mandate Ten Commandments posters in public schools through universities....
Politics
Officials in Tamil Nadu reported 34 deaths from poisonous bootleg alcohol. Several Kallakuruchi locals were ill after drinking alcohol on Tuesday night. At least...
Economy
Scientists estimate that human-induced climate change increased the high heat in the southwest US, Mexico, and Central America by 35 times. The World Weather...
Business
They book an Uber on the app like other passengers and get in the rear. The tone changes midway through the ride and they...
Business
Thursday’s US District Court for the Northern District of Texas judgment sets the timetable for a high-profile battle over Media Matters’ study on social...
Business
Lynch was acquitted on all 15 charges—one conspiracy and 14 wire fraud—according to Lynch and US prosecutors. The Lynch representation stated that former Autonomy...
Technology
Microsoft hired Inflection’s co-founders and other workers to handle its Copilot initiative in March, and Inflection stated its AI model will be hosted on...
Technology
Tesla has a deal with Baidu to update its mapping software, bringing it closer to deploying FSD in China. The Chinese tech giant announced...
Technology
The startup behind You.com is receiving $50 million in new funding, according to a source familiar with the matter, as it looks to establish...
Technology
Alphabet YouTube will soon allow users to contribute ‘notes’ that provide context to some of its videos as part of a new feature that...
Technology
Apple announced on Monday that it will cease its “buy now, pay later” service in the United States as part of a new lending...
Economy
On Monday, the U.S. government sued Adobe for hiding high termination fees in its most popular membership plan and making cancellations difficult. The Federal...
Politics
NATO partners have announced the first recipients of their one billion euro ($1.1 billion) innovation fund. The alliance announced the fund in summer 2022,...
Economy
In response to electric vehicle export limits, China has launched an anti-dumping investigation against EU pork and byproducts, targeting Spain, the Netherlands, and Denmark....
Economy
If his economic projection holds, Philadelphia Fed President Patrick Harker indicated Monday that the Fed could drop its benchmark interest rate once this year....
Economy
Lennar Corp beat Wall Street forecasts second-quarter profit on Monday, helped by strong demand for new homes as the U.S. homebuilder slashed base pricing...
Politics
Senator Sherrod Brown’s office announced that Federal Reserve Chair Jerome Powell will make his semiannual monetary policy testimony at the Senate Banking Committee on...
Economy
In May, energy prices declined, lowering U.S. import prices for the first time in five months and boosting domestic inflation. Friday’s unexpectedly benign Labor...
Finance
On Monday, Temasek Holdings announced it will invest up to A$300 million ($198.4 million) in Betashares, an Australian exchange-traded fund manager. Betashares stated that...
Technology
On Friday, three sources said Apple and Meta Platforms will likely face prosecution for violating historic EU laws meant to limit their dominance before...
Economy
The dollar held steady on Monday as the euro stayed near a more than one-month low amid political uncertainty in Europe and investors awaited...
Economy
On Sunday, Minneapolis Federal Reserve President Neel Kashkari said it’s a “reasonable prediction” that the bank will drop rates once this year, in...
Technology
As digital companies and startups like Google and OpenAI develop tools to summarize material and steal visitors from news websites, newsrooms worldwide are grappling...
Technology
A proposed EUCS cloud cybersecurity certification program should not discriminate against Amazon and Alphabet. Microsoft, Google Monday saw 26 European industrial groups warn. After...
Finance
while political uncertainty in Europe depressed risk appetites and put the euro on the defensive. Chinese blue chips slipped 0.2% in May as retail...
Technology
After President Joe Biden imposed steep tariffs on Chinese electric vehicles, solar panels, and other critical commodities, the United Steelworkers union and American industries...
Technology
Microsoft will not include “Recall,” an AI-powered tool that tracks computer activity, with its new computers next week but will instead test it with...
Technology
Meta Platforms has decided to temporarily halt its Meta AI models in Europe after the recommendation of the Irish Privacy Commission to delay the...
Politics
Stocks now reflect the American ideal. The huge disparity between the ultra-rich and everyone else shows it. GE Aerospace CEO Larry Culp and buyout...
Technology
On Friday, three sources said Apple and Meta Platforms will likely face prosecution for violating historic EU laws meant to limit their dominance before...
Politics
Federal Reserve officials say inflation has dropped closer to their objective in recent months but anticipate cutting their benchmark interest rate once this year....
Business
The bloc ignores its main electric car manufacturers and prepared to impose further levies on Chinese imports, claiming “economic injury”. The EU will impose...
Uncategorized
Tesla shareholders have accepted Elon Musk’s multibillion-dollar compensation package. The deal is now valued at $44 billion (£34 billion). The package was once worth...
Business
The 50-year U.S.-Saudi petrodollar deal expired recently. Global crude oil transactions employ the U.S. dollar, known as the “petrodollar”. After the U.S. left the...
Finance
The S&P 500 and Nasdaq set record closing highs for a fourth straight day on Thursday as technology shares maintained their climb. Last week,...
Technology
Photoshop maker Adobe boosted its fiscal 2024 revenue prediction on Thursday as more businesses and individuals use its AI-powered editing tools amid an easing...
Economy
The Canadian currency fell against the U.S. dollar on Thursday as the greenback rose versus a basket of major currencies and the Bank of...
Technology
Amazon announced that it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence firms, the latest example...
Politics
Republicans hope former President Donald Trump’s trip on Thursday will bring unity to their split caucuses in the Senate and House of Representatives as...
Politics
In mid-May, a group of Hispanic day laborers were given $20 each to parade in front of the White House with banners reading “I...
Politics
According to a new survey, Republican presidential candidate Donald Trump led Joe Biden by two points this week after considering their sons’ criminal convictions....
Business
The US Senate Finance Committee chairman has broadened BMW’s probe after the automaker imported automobiles using banned Chinese parts. Sen. Ron Wyden wrote to...
Economy
This month’s figures continue to show signs that the labor market may be cooling, with the number of vacancies still falling and unemployment rising....
Technology
The iPhone maker introduced the Siri revamp and other new features at its annual developers show on Monday. A new customized AI system...
Business
IKEA said that “The Co-Worker Game” will immerse users in the shop’s workplace. This is IKEA’s first major Roblox game. This job description asks...
Business
On Sunday, Keith Gill, the “Roaring Kitty” meme stock investor who revived GameStop and AMC Entertainment share trading last month, reported on Reddit that...
Economy
In May, US job growth topped estimates at 272,000, although the unemployment rate rose slightly, snapping a 27-month streak below 4%. In a time...
Business
Chanel’s chief designer’s early Thursday resignation shook the $1.62 trillion luxury goods market at a time when all major global firms are at a...
Business
Volvo Cars has begun to relocate the manufacture of Chinese-made electric vehicles to Belgium in the assumption that the European Union will go ahead...
Business
Saudi Aramco shares rose on Sunday, the first trading day following a secondary share offering estimated to garner at least $11.2 billion. The shares...
Business
Virgin Galactic flew four tourists to the edge of space and returned aboard its spaceplane on Saturday, marking the company’s second mission of the...
Business
Chrysler is recalling over 211,000 vehicles in the United States owing to a software issue that could disable the electronic stability control system, the...
Technology
June 7 Initial public offerings of Walmart, Walmart executives, Flipkart and PhonePe could take two years. “This is something we’re looking at over the...
Technology
The Turkish Competition Board announced on Thursday that it is investigating Apple’s contracts with app developers and the App Store’s refusal to allow alternative...
Technology
Salesforce has chosen London as its first AI center, where industry experts, developers, and customers will be able to cooperate on innovation and new...
Finance
Europe’s fintech industry faces an uncertain future after financial constraints over the previous two years lowered pandemic-era expectations and valuations, but some hope lower...
Finance
On Tuesday, software service firm Xero announced that it will raise $850 million by selling fixed coupon guaranteed senior unsecured convertible notes due to...
Business
Spotify boosted premium plan fees in the United States on Monday, the Swedish music-streaming service’s latest step toward increasing margins. In its largest revenue...
Technology
Microsoft is laying off hundreds of employees at its Azure cloud subsidiary, Business Insider reported on Monday, adding to a wave of layoffs in...
Technology
Major online streaming services in Canada will be compelled to donate 5% of their Canadian earnings to support the domestic television system, the country’s...
Uncategorized
As the investor who started the’meme stock’ mania invests again, GameStop gains momentum. The stock market influencer behind the 2021 meme stock frenzy has...
Politics
According to a joint statement, Japan and the EU agreed on Monday to work together on clean hydrogen demand and supply strategies and fuel...
Business
Norwegian Air and its pilots have reached an agreement on a new collective agreement, averting a strike that might have grounded numerous flights, the...
Technology
Nissan Motor Company awards former Chief Operating Officer Ashwani Gupta $3.7 million in compensation for his abrupt resignation last year, according to a notice...
Business
Toyota and Mazda suspended delivery of certain cars on Monday after Japan’s transport ministry found irregularities in model certification applications. The government found anomalies...
Technology
Ericsson, a Swedish company, announced on Monday that a four-year initiative to oversee the company’s adherence to a U.S. anti-corruption agreement had concluded on...
Technology
Live Nation Entertainment said on Friday that it was looking into a data breach at its Ticketmaster company that occurred on May 20, the...
Technology
During the premarket trading session on Monday, shares of Gamestop increased by more than 90 percent. This was in response to a post on...
Business
Autodesk On Friday, the board selected Elizabeth Rafael as interim chief financial officer, and the company announced preliminary first-quarter sales that exceeded analysts’ forecasts,...
Finance
Gary Gensler, the chair of the United States Securities and Exchange Commission, said on Friday that the redesign of the settlement cycle for U.S....
Technology
Due to the complexity of AI, the search result summary that the internet giant’s AI generates for public testing is difficult. The internet company...
Business
Tesla is recalling 125,227 vehicles in the United States owing to a problem with its seat belt warning system, the National Highway Traffic Safety...
Finance
New Securities and Exchange Commission rules in February 2023 will half the settlement period for U.S. equities, corporate, municipal bonds, and other securities to...
Finance
Three prominent British parliamentary committee chairs have questioned Shein’s suitability for a London stock market listing. Shein is preparing for a London IPO after...
Business
At a turning point in the Horizon IT Inquiry, Post Office lawyer Simon Clarke revealed that a crucial expert had knowledge of system flaws....
Business
As a result of falling demand and the introduction of competing vaccines, AstraZeneca has decided to discontinue production of the Vaxzevria coronavirus vaccine. With...
Business
Disney says password crackdown: As part of its plan to turn a profit from its streaming business, Disney is concentrating on releasing a flood...
Business
The defunct cryptocurrency exchange FTX has revealed that it has billions of dollars extra, which is more than enough to pay back its clients....
Business
The Chinese parent firm of video app TikTok has taken legal action in an effort to halt a US law that would ban the...
Business
Jack Ma Praises Alibaba’s Transformation: Jack Ma, founder of Alibaba, has made two big public statements to staff in the last year, the most...
Business
Boeing hit after new whistleblower: A former employee of Boeing has come out with allegations of safety issues with the 787 and 777 aircraft,...
Business
World of Warcraft to return to China: After a 14-year break due to the end of its cooperation with game creator Activision Blizzard, Chinese...
Business
HSBC Sells Off Argentine Business at $1 Billion: Global banking behemoth HSBC has announced the sale of its Argentina business, signaling a departure from...
Business
US inflation jumps as fuel and housing: Consumer prices rose more than expected in the most recent US Department of Labor report, suggesting that...
Business
TSMC wins subsidies to expand US chip manufacturing: An additional facility will be built in Arizona, USA, by the prominent chip manufacturer Taiwan Semiconductor...
Business
Panama Papers money-laundering: As a major step forward in the quest for justice in the wake of one of the largest financial leaks in...
Business
Retiring in your 60s is becoming an impossible goal: Traditional retirement at 65 is becoming an unrealistic or even unreachable goal for many people...
Business
Boom times for US green energy: A second, bigger factory in the US was announced in February by the well-known US-based company LanzaJet, which...
Business
Abrdn hits out at ‘corporate bullying: The renaming of a long-standing investment firm to Abrdn has prompted an executive to accuse the media of...
Business
Spain to axe ‘golden visas’ scheme: The “golden visa” scheme has been a contentious policy initiative in Spain, but the government has begun to...
Business
Bank boss Jamie Dimon warns US interest rates: The chief executive officer of a major international bank has warned that interest rates in the...
Business
Binance has matured past cultural issues: Following the imposition of a $4.3 billion fine to settle accusations from the U.S. Justice Department, Binance’s new...
Business
Two co-founders of Trump Media are facing legal action from former president Donald Trump, who is claiming that they mismanaged his social media enterprise...
Business
With an estimated net worth of $1.1 billion (£877 million), Taylor Swift has joined the ranks of the world’s wealthiest persons, debuting on the...
Business
Boeing Considers Acquisition of Major Supplier Spirit AeroSystems Boeing is reportedly in discussions to acquire its former subsidiary, Spirit AeroSystems, as both companies grapple...
Business
Overcoming Racist Abuse on the Journey to Property Success Sanmi Adegoke’s journey in the property development industry began without any established connections. In an...
Business
Small Business Marketing With Limited Time and Resources Thriving Against the Odds: The Ultimate Guide to Small Business Marketing on a Tight Schedule and...
Business
Strategic Online Coaching Presence: Your Expertise, Our Strategy: Elevate Your Online Coaching Business with Powerful Marketing Tactics Key Takeaways: Identify your target audience and...
Business
Small Business Success Stories: Big Impact, Small Budget: Unleashing the Power of Local Marketing for Small Businesses Key Takeaways: Build strong connections with your...
Online Business
Navigating Online Business Marketing Without Paid Ads Cracking the Code: The Ultimate Guide to Amplify Your Online Business—No Paid Ads Needed Key Takeaways: Create...
Business Expansion
Businesses Cast Negative Ballots, Signifying ‘No Confidence’ in Budget Businesses on the Isle of Man have expressed a “vote of no confidence” in the...
Brand Building
Webinar Host: Strategies for Promoting Your Business or Brand Effectively From Unknown to Unstoppable: Your Blueprint for Hosting Webinars that Catapult Your Brand to...
Business
How to Conduct Market Research on a Tiny Budget Breaking Barriers: Affordable Strategies for In-Depth Market Research That Packs a Punch Key Takeaways:...
Business
SEO Surge: Navigating Business Growth with an In-Depth Guide Get ready to supercharge your business’s success by mastering the art of SEO. Key Takeaways:...
Business
Effective B2B Marketing Strategies to Grow Your Business The Roadmap to B2B Success: Discover the Marketing Strategies That Will Propel Your Business Forward Key...
Business
Business Distinction: The Roadmap to Branding Success: Creating Your Ultimate Style Guide Key Takeaways: Maintain consistent branding elements to build a strong brand identity....
Politics
Finland blocks three Russian property acquisitions. On Wednesday, the Finnish Ministry of Defense announced that it had halted three real estate transactions, one of...
Economy
Japan’s Tohoku Electric will delay the nuclear reactor restart on construction works. Due to further safety building work, Japan’s Tohoku Electric Power (9506.T) said...
Technology
BMW (BMWG.DE) said on Wednesday that it will invest 650 million euros ($711 million) to convert its main plant in Munich to build only...
Uncategorized
Samsung Elec family shares block sale seen at $1.66 billion, reports. According to South Korean tabloids on Wednesday, the mother and two sisters of...
Business
According to analysts and industry executives, airlines’ dissatisfaction with Boeing’s (BA.N) inability to control a string of safety and supply issues has been reignited...
Business
To catch up to its competitors worldwide in the transition to battery-powered vehicles, Japanese manufacturer Honda Motor (7267.T) said on Tuesday that it will...
Business
Hewlett Packard Enterprise to buy Juniper Networks in $14 bln deal. To improve its artificial intelligence (AI) products, Hewlett Packard Enterprise (HPE.N) will acquire...
Business
Wall St. climbs on a megacap boost; inflation and earnings are in focus. The strength in several megacaps helped Wall Street’s major indexes rise...
Business
Months after the car’s premiere in China and Europe, Tesla (TSLA.O.) unveiled the updated Model 3 small sedan in North America on Wednesday at...
Economy
Mexico’s headline inflation likely ticked higher in December. According to a Reuters poll released Monday, Mexico’s headline inflation rate probably increased somewhat in December...
Business
At the CES electronics trade show in Las Vegas on Monday, Volkswagen (VOWG_p.DE) unveiled its first cars with a voice assistant that incorporates ChatGPT...
Technology
Four Chinese electric car makers will utilize Nvidia’s technology to power autonomous driving systems, demonstrating the chip maker’s ambition to expand in China despite...
Business
According to two people with knowledge of the situation, KKR (KKR.N) intends to inform the antitrust regulators of the European Union by the end...
Economy
Stocks gain with tech-related shares; oil falls on Saudi price cuts. Gains in U.S. tech-related companies contributed to Monday’s mainly positive performance for global...
Economy
U.S. authorities said the cockpit voice recorder data on the Alaska Airlines Boeing 737 MAX 9 aircraft that lost a panel mid-flight on Friday...
Business
To expand its oncology portfolio with immunotherapies, Merck & Co. (MRK.N.) said on Monday that it would acquire cancer medication researcher Harpoon Therapeutics (HARP.O.)...
Economy
Biden administration will announce an independent contractor rule that could upend the gig economy. According to an administration official, the administration of U.S. President...
Business
US investigators retrieve a 737 MAX jet panel. After American officials found a panel that had blown off an Alaska Airlines (ALK.N.) 737 MAX...
Business
Ocean freight charges are rising due to carriers postponing plans to resume transit via the Red Sea. This crucial route connects to the Suez...
Business
Novo Nordisk (NOVOb.CO), a famous weight-loss medication manufacturer, established research partnerships with two American biotech companies on Thursday. This move is part of Novo...
Economy
Mobileye’s supply glut warning rattles auto chip stocks. Mobileye Global (MBLY.O), a self-driving technology company, issued a warning on Thursday, stating that declining orders...
Economy
Pharmacy chain Walgreens cuts dividends to save cash, and shares slump. The US drugstore chain Walgreens Boots Alliance (WBA.O.) shares fell 11% on Thursday...
Business
CEO of McDonald’s (MCD.N), Chris Kempczinski, stated on Thursday that the war and “associated misinformation” about the brand are having a “meaningful business impact”...
Business
Significant weekly gains in gasoline and distillate stocks on Thursday effectively ended an earlier rise in oil prices, overshadowing a larger-than-anticipated decline in crude...
Politics
UK foreign minister Cameron: Red Sea attacks must stop. British Foreign Secretary David Cameron stated on Thursday that attacks on cargo ships in the...
Economy
BAE Systems (BAES.L) announced the restart of structural manufacturing for its M777 lightweight howitzer after signing a first transaction worth up to $50 million...
Technology
Perplexity AI has completed its most recent fundraising round, which resulted in the acquisition of $73.6 million from a consortium of investors. These investors...
Business
Russian hackers were inside Ukraine’s telecom giant for months. According to Ukraine’s senior cyber spy, Reuters, Russian hackers have had access to Kyivstar, a...
Technology
According to three individuals with firsthand knowledge of the situation, South Korea’s SK Hynix (000660. KS), the world’s second-largest memory chipmaker, plans to raise...
Economy
US dollar rises to a two-week peak, tracking Treasury yields. Due to higher U.S. Treasury rates on Wednesday, the U.S. dollar rose to a...
Business
Oil prices surged more than $1 per barrel on Wednesday, as rumors of an interruption at Libya’s main oilfield added to supply fears stemming...
Technology
Fines levied by Russian courts on Alphabet’s Google (GOOGL.O) and YouTube, Meta (META.O), TikTok, and Telegram appear to have been settled since the businesses...
Business
The US manufacturing sector’s eye recovery is in December (ISM). Manufacturing in the United States declined more in December, although the rate of decline...
Technology
Apple can temporarily sell smartwatches after a US appeals court win. After a government commission’s import ban on the devices was issued in a...
Business
Despite Israel’s ongoing conflict with the Palestinian militant group Hamas, preliminary statistics revealed on Thursday that Israeli high technology companies obtained $1.5 billion in...
Economy
A breakdown of the group’s timetable that Reuters published on Thursday revealed that the Danish shipping company Maersk (Maersk. CO) would direct practically all...
Economy
The dollar dips as traders stay fixed on U.S. rate cuts next year. On Thursday, the dollar fell due to market speculation that the...
Economy
The output of factories in Japan decreased in November, which clouded the outlook for the export-dependent economy. According to statistics released by the Ministry...
Economy
The government of Singapore is bolstering its coffers in preparation for an anticipated increase in social expenditure in the years to come in the...
Business
Workers threaten 2-day strike at Neste oil refinery in Finland. On Thursday, the Industrial Union of Finland announced that it intended to go on...
Economy
Since protests in October demanding more excellent pay, garment factories in Bangladesh have dismissed hundreds of workers, according to three labor groups representing half...
Economics
China aims to expand domestic demand and ensure a speedy recovery. According to an interim report on China’s 14th five-year plan that the Chinese...
Technology
The Biden Administration allows the US Trade Tribunal’s ban on Apple Watch imports. Masimo (MASI.O), a firm specializing in medical monitoring technology, filed a...
Politics
The Ukrainian draft law proposes lowering the mobilization age to 25 from 27. It was suggested in the text of a draft bill uploaded...
Economy
Thailand plans new minimum wage hike, keeps inflation target next year. The Thai government said on Tuesday that it would boost the country’s minimum...
Business
Bayer has prevailed in a trial. A Californian man who claimed to have developed cancer as a result of exposure to the company’s Roundup...
Business
On Tuesday, AstraZeneca (AZN.L) announced that it will acquire Gracell Biotechnologies (GRCL.O) for a price that may reach up to $1.2 billion. This acquisition...
Business
India’s Infosys falls after a $1.5 billion AI deal is terminated. Shares of Infosys (INFY.NS) dropped as much as 2.6% on Tuesday after the...
Economy
Adani Green Energy (ADNA.NS), a business based in India, said on Tuesday that its core shareholders will spend 93.50 billion rupees, which is equivalent...
Politics
China warns that rocket remnants will hit the South China Sea. Immediately following the sixth flight of its most powerful launch vehicle eleven days...
Technology
Chinese gaming firms unveil share buybacks after regulatory moves unnerve investors. Several smaller Chinese gaming businesses have announced their intentions to buy back their...
Business
The country’s antitrust watchdog is looking into Repsol (REP.MC), a Spanish oil company, for allegedly abusing its dominant position in the country’s wholesale gasoline...
Finance
The dollar wobbles in thin trading; the yen firms. The dollar was attempting to find a floor on Tuesday in a trade that was...
Economy
Asian stocks rise, and the dollar drifts as US rate-cut bets rise. On Tuesday, Asian markets made a slow but steady ascent while the...
Technology
Both parties announced on Tuesday that the Israeli government had authorized Intel Corporation (INTC.O.) to receive a grant of $3.2 billion to construct a...
Business
A representative for Maersk stated on Tuesday that the German shipping company Hapag-Lloyd (HLAG.DE) would decide on Wednesday whether to resume trips via the...
Business
According to three finance sources who spoke to Reuters, car-sharing service Delimobil may be the first Russian firm to have a long-awaited initial public...
Technology
The conclusion of the reorganization of Yandex (YNDX.O), a Russian technology firm that is listed on the Nasdaq, is anticipated to be delayed until...
Finance
Ukraine received $1.34 billion under the World Bank project in the finance ministry. Under the World Bank’s public expenditures for administrative capacity endurance in...
Business
In a statement released on Sunday, the Danish shipping firm Maersk (Maersk. CO) stated that it is getting ready to restart its activities in...
Finance
BOJ’s Ueda signals the chance of policy shift and progress on price goal. The Governor of the Bank of Japan, Kazuo Ueda, stated on...
Business
Japan automakers will invest $4.3 billion in Thailand over 5 years. On Monday, a representative for the Thai government said that major Japanese automobile...
Business
According to a statement released by a spokeswoman on Monday, the small vehicle division of Toyota Motor (7203.T), known as Daihatsu Motor, would reimburse...
Technology
In a story that appeared on Friday, Bloomberg News cited sources with knowledge of the situation as saying that OpenAI is currently in preliminary...
Economy
ConocoPhillips (COP.N), a multinational oil company based in the United States, awarded its $8 billion Willow oil and gas drilling project in Alaska to...
Economy
US inflation is decelerating, boosting the economy. For the first time in over three and a half years, prices in the United States declined...
Business
As a result of poor consumer spending, the creator of the Air Jordan 1 sneaker, Nike (NKE.N), had to lower its annual revenue projection...
Finance
The purchase of HSBC’s (HSBA.L) domestic subsidiary by Royal Bank of Canada (RY.TO) for C$13.5 billion ($10.2 billion) was authorized by Canada on Thursday....
Business
The supervisory board of Volkswagen (VOWG_p.DE) has agreed to connect managers’ incentives to the firm’s absolute net cash flow beginning in 2024. According to...
Business
Uber Technologies (UBER.N) said on Wednesday that it will boost its minimum wage in France as part of a more significant deal with ride-hailing...
Economy
Share markets suffered an end-of-year wobble on Thursday, but bonds made a stunning round trip on the general belief that many countries will cut...
Politics
Ukraine says it received the last tranche of the EU’s 18 billion euro aid package. On Thursday, Prime Minister Denys Shmyhal announced Ukraine got...
Economy
Futures rebound after a broad sell-off; Micron shines. U.S. stock index futures gained on Thursday after a significant sell-off on Wall Street in the...
Economy
Brent nears $80 as US output hits a record. On Thursday, Brent traded at $80 a barrel as increasing U.S. stocks and record output...
Politics
The first vote on four same-sex marriage draft laws is planned for Thursday as the Thai parliament moves toward legalization. Parliament considered identical draft...
Economy
China, the world’s leading processor of rare earths, implemented a restriction on the export of technology that can extract and separate crucial metals on...
Business
On Thursday, a subsidiary of the private equity fund KKR, based in the United States, announced a complete takeover attempt for the Portuguese renewable...
Business
On Wednesday, Toyota Motor (7203.T) said it will recall 1.12 million vehicles worldwide due to the possibility that a short circuit occurred in a...
Business
Russia splashes $12 billion to keep the aviation sector in the air. According to a Reuters study, Russia has given its aviation sector more...
Business
Honda will recall over 2.5 million US vehicles (NHTSA). According to the National Highway Traffic Safety Administration (NHTSA), the American division of Honda Motor...
Politics
North Korea’s Kim warns of ‘nuclear attack’ if provoked with nukes. According to state media on Thursday, North Korean leader Kim Jong Un declared...
Business
According to a source who spoke to Reuters, Boeing (BA.N.) will begin delivering its 787 Dreamliner to China in a few days. This development...
Politics
France’s Macron faces cracks in his government over the migration law. As a result of concerns over the new law, which led to the...
Business
Oklahoma is no longer a possibility for a new electric car battery facility in the United States, according to a statement released on Wednesday...
Business
Diageo (DGE.L), the manufacturer of Tanqueray gin and Johnnie Walker whiskey, is fighting to rebuild investor confidence after issuing a profit warning last month....
Economy
Oil perks up as Red Sea tensions spark investor jitters. In response to attacks on ships in the Red Sea by Yemen’s Houthi forces,...
Economy
Industry insiders stated on Tuesday that Airbus (AIR.PA) is expected to smash aerospace order records in 2023 following a purchasing frenzy from European airlines...
Economy
Britain’s energy price cap to fall 14% in April – Cornwall Insight. On Wednesday, analysts at Cornwall Insight predicted that Britain’s domestic energy price...
Economy
On Tuesday, Laxman Narasimhan, the CEO of Starbucks (SBUX.O), stated that those demonstrating against the company because of its position on the Israel-Hamas conflict...
Business
On Wednesday, Toyota Motor’s (7203.T) Daihatsu division, the largest carmaker in Japan, announced that it would stop shipping any of its cars. This is...
Economy
On Wednesday, the dollar strengthened relative to other major currencies. At the same time, sterling plummeted following the release of British inflation data that...
Business
Chief Executive Mark Schneider of Nestle (NESN.S) stated on Wednesday that the company does not perceive any danger to its massive coffee business from...
Technology
According to the TASS news agency, a Russian court fined Alphabet’s Google (GOOGL.O) 4.6 billion roubles ($50.84 million) on Wednesday for failing to remove...
Economy
The U.S. and China remain the top credit ratings to watch in 2024. 2024 may mark significant changes in several sovereign credit ratings due...
Business
On Wednesday, the First Cisl banking union said that Italy’s UniCredit (CRDI.MI) and Italian unions had agreed to provide 510 workers with a voluntary...
Business
FedEx (FDX.N) saw its most significant Express division see a decline in demand from the U.S. Postal Service. This caused the company to lower...
Business
The majority of Swedes, according to the findings of a Novus poll, favor the strike currently taking place at Tesla’s (TSLA.O) workshops in the...
Business
During an auction for the 122-year-old historic steelmaker, Nippon Steel (5401.T) of Japan, they emerged victorious over competitors such as Cleveland-Cliffs (CLF.N), ArcelorMittal (MT.LU),...
Business
By increasing their imports of cheap Russian oil and refined products, Turkey and Turkish firms have been able to save almost $2 billion on...
Business
Italian police seize $94 million from UPS over alleged tax and labor offenses. In response to allegations of tax evasion and improper labor practices,...
Business
China EV maker Zeekr unveils a fast-charging LFP battery. The Chinese manufacturer Geely (0175. HK) (GEELY.UL), which owns the luxury electric car brand Zeekr...
Business
A labor agency in the United States is attempting to compel Starbucks Corporation (SBUX.O.) to reopen 23 allegedly closed outlets to discourage a countrywide...
Business
AT&T to buy Rivian electric vehicles in a pilot deal to cut costs and emissions. According to a statement released by the firms on...
Finance
According to two individuals who are acquainted with the issue, Austria is attempting to get Raiffeisen Bank International, which is the most prominent Western...
AI
As we reveal the unprecedented synergy of Artificial Intelligence and personalized health goals, we invite you to go on a transforming journey into the...
AI
Within the corridors of healthcare, a revolution is taking place in the delicate dance of human touch and cutting-edge technology. Consider a world in...
AI
A new symphony of healthcare innovation is emerging, in which machines detect diseases and resonate with the human experience. Join us on a journey...
Economy
Shenzhen and Abu Dhabi exchanges link up as China and the Middle East move closer. An agreement was reached between the stock exchange in...
People
An ex-FBI official is to be sentenced in the US over work for Russia’s Deripaska. On Thursday, a former FBI officer is scheduled to...
Technology
Following the Federal Reserve’s announcement that lower borrowing prices are on the way in 2024, the shares of Apple (AAPL.O) set a record high...
Technology
The EU top court scraps a 250 million euro tax order vs Amazon. The highest court in Europe overturned an EU judgment that required...
Business
The German manufacturer BMW Group (BMWG.DE) said on Thursday that it had been granted a test license for level 3 autonomous driving on high-speed...
Economy
Nasdaq resolves system errors affecting stock orders. According to a notification on its website, the exchange operator Nasdaq (NDAQ.O) rectified a system issue on...
Economy
Investors cheer Fed’s dovish pivot, as focus shifts to 2024 risks. A dovish move from the Federal Reserve has placed record highs for U.S....
Business
According to a statement released by the airline on Thursday, Virgin Australia has reached a salary agreement with unions that had called for strikes...
Business
Berkshire Hathaway buys Occidental Petroleum shares worth about $588.7 million. According to a document submitted to the United States Securities and Exchange Commission on...
Business
Temu, a worldwide discount e-commerce platform that is owned by PDD Holdings (PDD.O.), filed a complaint in a court in the District of Columbia...
Economy
Oil rises on US inventory draw, upbeat demand expectations. The price of oil increased in Asian trading on Thursday, extending the gains made in...
Business
Pfizer forecasts 2024 revenue below Wall Street expectations. On Wednesday, Pfizer (PFE.N) announced that it would be lowering its cost-cutting objective by $500 million...
Finance
China venture capital and private equity funds rattled by proposed changes. There has been a pushback from industry participants concerned that China’s proposal to...
Politics
The UK defense ministry was fined for an Afghan data breach during the Taliban takeover. A series of email data breaches that disclosed the...
Business
The auditing firm distances itself from the duo’s work on VW’s China plant. By posting a comment on LinkedIn, the auditor that Volkswagen (VOWG_p.DE)...
Business
Mexico gives Tesla land-use permits for gigafactories, says the state government. According to a Tuesday announcement by the state government of Nuevo Leon, the...
Technology
Superconductor claims are ‘baseless,’ say South Korean experts. The claims made by sure researchers in South Korea that a viable superconductor had been developed...
Business
Moderna (MRNA.O) said on Tuesday that its Chief Commercial Officer, Arpa Garay, has resigned. In his place, CEO Stephane Bancel will oversee sales and...
Business
It was announced on Tuesday that the United States military contractor L3Harris (LHX.N) would suspend its merger and acquisition activities for the “foreseeable future”...
Technology
Google, which is owned by Alphabet (GOOGL.O), Meta Platforms (META.O), Qualcomm (QCOM.O), and seven other technology firms, joined together on Wednesday to advocate for...
Business
The UK payments regulator proposes a cap on Mastercard and Visa cross-border fees. On Wednesday, the payments authority in the United Kingdom presented a provisional...
Business
Inditex, Zara’s parent company, announced a robust holiday season trade, with sales increasing by 14% in the six weeks leading up to December 11....
Economy
Majid Al Suwaidi, the Director General of Cop28, stated on Tuesday that the chair of the summit desired to add a “historic” remark on...
Business
SpaceX announced that the launch of the covert X-37B robot spaceplane, scheduled for Monday night, has been postponed for at least twenty-four hours. This...
Business
Disney and Reliance are working on terms of the India media operations merger (ET). The most valuable companies in India, Reliance Industries (RELI.NS), and...
Technology
Epic Games, the company that developed “Fortnite,” has been successful in its high-profile antitrust suit against Alphabet’s Google (GOOGL.O), which contended that the Play...
Economy
Asian stocks rise, and the dollar eases ahead of U.S. inflation data. With investors being cautious in front of central U.S. inflation data later...
Politics
UK firms pause China investment decisions as growth slows: survey. According to the British Chamber of Commerce in China, sixty percent of British companies...
Economy
Puma will end sponsorship of Israel’s national football team next year. In a decision that was made before the incident that Hamas carried out...
Business
Almost a year after announcing it would cut 15% of its personnel due to lower sales, Hasbro (HAS.O.) revealed that it will eliminate 900...
Business
Morning Bid: U.K. labor data takes the stage before U.S. inflation—Ankur Banerjee’s outlook for the upcoming day in the European and international markets. As...
Economy
Oil rises ahead of interest rate decisions; oversupply fears linger. In anticipation of significant interest rate decisions and the release of inflation data, investors...
Business
Wall Street closes at fresh 2023 highs as inflation data, the Fed eyed. In spite of the small gains on Monday, U.S. equities closed...
![] A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo](https://www.biznob.com/wp-content/uploads/2023/04/JP_800x500-600x337.jpeg)
![] A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo](https://www.biznob.com/wp-content/uploads/2023/04/JP_800x500-100x100.jpeg)
Finance
According to two people with knowledge of the situation, JPMorgan Chase (JPM.N) plans to outsource the management of its local custody business in Taiwan...
Finance
Scotiabank’s new CEO must sell investors on his plan to boost Latam profits. The Chief Executive Officer of Bank of Nova Scotia (BNS.TO), Scott...
Technology
According to four individuals who are acquainted with conversations of this nature, Chinese chip makers such as Tencent Holdings (0700. HK) are actively marketing...
Economy
An EU payments tie-up would build a more comprehensive M&A defense. Gilles Grapinet, the CEO of Worldline (WLN.PA), could discover that his adversary’s adversary...
Business
The first EV charging station made possible by Biden’s infrastructure law goes online. The White House announced on Monday that the first electric car...
Economy
FOREX The yen falls as Japan’s negative rates are expected to persist. The Japanese yen saw a decline versus the dollar for the second...
Economy
IMF’s Gopinath warns fragmentation of the global economy could cut GDP by 7%. The fragmentation of the global economy and obvious changes in fundamental...
Business
On Monday, Boeing (BA.N.) announced that it had appointed Stephanie Pope, a firm veteran, to the newly established post of chief operational officer. This...
Business
Two individuals familiar with the subject stated on Sunday that the United States health insurer Cigna (CI.N.) has terminated its attempt to negotiate an...
Business
Through a cash-and-stock transaction with a total value of $12 billion, Occidental Petroleum (OXY.N.) said on Monday that it would acquire CrownRock, an energy...
Economy
Macy’s investors mount a $5.8 billion buyout bid. On Sunday, a source who is acquainted with the situation stated that an investment group consisting...
Economy
The US plans to award BAE a $35 million award to boost chip supply for the F-35. On Monday, the United States Department of...
Economy
Arab OPEC ministers gathered in Doha as COP28 fossil fuel talks continued. Countries battled at the United Nations’ COP28 climate meeting over a possible...
Technology
More than 10 million people have signed up for X in December, CEO says, The Chief Executive Officer of X, Linda Yaccarino, stated in...
Economy
COP28 leader urges nations to get out of ‘comfort zones.’ In a statement released on Friday, the President of COP28, Sultan al-Jaber, asked countries...
Economy
On Friday, the British high-end homebuilder Berkeley (BKGH.L) joined its counterparts in the industry to highlight the challenging trade circumstances in the housing market....
Politics
A source says the White House is open to new asylum limits for Ukrainian aid. According to a person familiar with the conversations, the...
Business
Oil heads for 7th weekly loss as supply surplus and weak China demand weigh on the market. Even though prices recovered ground on Friday...
Business
The United States and China, the two most significant economies in the world, are competing for influence in Vietnam, a vital Southeast Asian country....
Business
Two individuals familiar with the situation have stated that Boeing (BA.N.) has communicated to its suppliers that the company’s plans to increase production of...
Business
To replace its aging Boeing (BA.N.) 747 cargo airplanes, Cathay Pacific Airways (0293.HK) said on Friday that it had placed a definite order to...
Economy
Yen soars, Nikkei slides as rate hikes loom over Japan. Investors raced out of bets on Japan’s low interest rates, and Japanese markets were...
Cryptocurrencies
Binance has withdrawn an application for a license to conduct business in Abu Dhabi, the most recent sign that the sizable cryptocurrency exchange is...
Technology
The Chinese technology juggernaut Tencent Holdings (0700. HK) presented Last Sentinel, a high-end console game, to the general public on Friday. This game is...
Business
McDonald’s Australia hit with class action over unpaid overtime. An Australian workers union has initiated a class action lawsuit against the local branch of...
Business
Focus: In the Olympics race, Adidas pursues an edge in new sports. At a time when competitors in the sportswear industry are vying for...
Finance
Morning Bid: Japan drags down bonds as US payrolls loom from Tom Westbrook; here’s a look at what the day holds for markets worldwide...
Business
The decision by the American utility company Duke Energy to disconnect its batteries has prompted a response from CATL (300750. SZ), a Chinese battery...
Business
Trading in the options of Cerevel Therapeutics Holdings Inc. (CERE.O) saw an unprecedented increase along with its stock price in the days leading up...
Economy
A Swedish court rules against Tesla in a dispute with postal service over deliveries. On Thursday, Tesla (TSLA.O) was unsuccessful in a court struggle...
Economy
Denmark passes a bill to stop Koran burnings. After riots in Muslim nations over the destruction of Islam’s holy book prompted Danish security worries,...
Business
JetBlue narrows its loss forecast on healthy travel demand, and shares rise. As a result of the robust demand for travel during the Christmas...
Business
According to individuals with direct knowledge of the situation, Tata Motors (TAMO.NS) is exerting pressure on Indian officials to refrain from lowering import duties...
Economy
EU watchdog tells top credit raters to tighten internal controls. As a result of an inquiry that generated some concerns, the European Union’s securities...
Technology
A labor dispute between Tesla (TSLA.O) and Swedish trade union IF Metall has attracted many unions from around the Nordic area. These unions are...
Business
According to two individuals close to the situation, AXA (AXAF.PA) is contemplating the possibility of selling part of its protection insurance companies located throughout...
Finance
The Swiss bank UBS (UBSG.S.) has announced that it has formally begun the integration of Credit Suisse’s parent bank. This marks a significant next...
Business
According to sources inside the industry, Boeing (BA.N.) is now in advanced negotiations with Thai Airways (THAI.BK) to sell around 80 wide-body 787 Dreamliner...
Business
GM hydrogen unit to supply fuel cells for Autocar’s heavy vehicles. On Thursday, General Motors (GM.N.) and Autocar Industries announced that they had agreed...
Business
Woodside Energy (WDS.AX) and Santos (STO.AX), both of which are based in Australia, said on Thursday that they were in exploratory discussions to establish...
Economy
Oil stages a slight recovery as a weak economic outlook lingers. After falling to a six-month low the day before, oil prices recovered some...
Business
BAT writes down $31.5 billion from the value of U.S. cigarette brands. British American Tobacco (BATS.L) acknowledged on Wednesday that its conventional market does...
Economy
The German Economic Institute (IW) suggested in a report that was published on Wednesday that the European Union (EU) should collaborate with African nations...
Business
During a presentation on Wednesday, Renault revealed that its long-standing partners Nissan (7201.T) and Mitsubishi (7211.T) have not changed their plans to invest in...
Business
TUI, the largest travel operator in Europe, has projected that its operating profit will increase by 25% in 2024. This comes after the company’s...
Finance
The Australian diversified investor Washington H has submitted a proposal of A$3.1 billion ($2 billion). Soul Pattinson (WHSP) (SOL.AX) for the local fund manager...
Finance
On Wednesday, the Rakuten Group (4755.T), based in Japan, said it intends to sell 25.5 million shares of Rakuten Bank (5838.T) on the offshore market....
Business
On Wednesday, the Japanese manufacturer of speed reducers, Harmonic Drive Systems (6324.T), announced that Toyota Motor (7203.T) will sell its full ownership in the...
Business
Russian distributor to launch sales of Adidas and Reebok goods—Kommersant. According to a story published in the Kommersant newspaper on Wednesday, a Russian distributor...
Business
Exxon Mobil (XOM.N) and shale oil producer Pioneer Natural Resources (PXD.N) have received a second request from the Federal Trade Commission of the United...
Business
Australia’s Woodside Energy signs a 20-year LNG deal with Mexico Pacific. Woodside Energy (WDS.AX) said on Wednesday that it has signed a contract with...
Business
Thai Business Group keeps its 2023 growth forecast at 2.5%–3.0%. On Wednesday, a critical joint business organization announced that Thailand’s economy is expected to...
Economy
Asia stocks gain as lower bond yields buoy tech; oil sags. Wednesday was a joyous day for Asia-Pacific stocks as expectations increased for a...
Finance
Morning Bid: Optimism over peaking rates propels stocks. From Kevin Buckland, here’s a look at what the day holds for markets worldwide and in...
Technology
As a result of year-end solid sales during the Christmas peak season, Taiwan’s Foxconn (2317. TW), the world’s largest contract electronics maker and a...
Business
The British pub business Marston’s (MARS.L) said on Tuesday that their Christmas bookings surpassed the numbers from the previous year. Additionally, the company forecasted...
Business
The Moskvich automobile, which was manufactured during the Soviet period, made its debut on the list of the top 10 best-selling brands in Russia...
Business
As it works to alleviate lingering concerns over its financial health, Thames Water, the largest water utility in the United Kingdom, is moving forward...
Finance
As anticipated, the Australian central bank kept interest rates unchanged on Tuesday. This gave the bank additional time to evaluate the economy’s current status...
Economy
The unpredictability of OPEC+‘s voluntary output cutbacks, the ongoing tension in the Middle East, and the lackluster economic statistics from the United States all...
Business
In an effort to decrease costs and adjust the company’s size to the present market, Telefonica informed unions on Monday that it was trying...
Business
Danish dockworkers join Swedish strike action against Tesla. On Tuesday, the labor organization 3F in Denmark said it would back Swedish mechanics in their...
Finance
China’s state banks are seen swapping and selling dollars for yuan, according to sources. According to two people who know the situation, on Tuesday,...
Economy
Asian stocks slide as focus turns to U.S. jobs. As investors tempered their expectations for cuts to U.S. interest rates and waited for U.S....
Economy
Ukraine’s aerospace sector’s push for Western tie-ups met with skepticism. As it seeks new direction after losing Russia as its largest client and having...
Economy
Morning Bid: RBA holds and the dollar pauses, too. From Tom Westbrook, here’s a look at what the day holds for markets worldwide and...
Economy
As a result of a decline in demand inside the European Union, German exports saw an unexpected decline in October, with a slight decrease...
Finance
An attack on an American destroyer and commercial vessels in the Red Sea on Sunday has the danger of reigniting market concerns about an...
Business
Toyota plans to expand battery EV line-up in Europe to six models by 2026. On Monday, Toyota Motor (7203.T) said it will expand its...
Business
China’s BYD says it will keep a reward system for smear campaign tipsters. BYD (002594. SZ), a Chinese business specializing in electric vehicles, said...
Business
EV charging growth plans are slowed by the EU’s power grid problems. There are around 1,600 charging stations in Spain owned by Repsol (REP.MC),...
Business
Origin investors reject the $10.6 billion Brookfield bid; the company is open to other funding. After shareholders in Australia’s most prominent power retailer rejected...
Business
The multinational pharmaceutical corporation Roche (ROG.S.) said on Monday that it had reached a formal deal to buy Carmot Therapeutics (CRMO.O.), a firm based...
Economy
Asia shares turned mixed, and gold hit a record above $2,100. At the beginning of a busy week for economic data that will test...
Business
On Friday, Walmart (WMT.N.) announced that it will no longer be advertising on social networking platform X. This is one of the most recent...
Business
In November, the manufacturing sector in the United States remained weak, with factory employment falling even more as hiring slowed and layoffs surged. This...
Economy
U.S. imposes fresh sanctions over shipment of Russian oil above price cap. To eliminate loopholes in the system that are intended to penalize Moscow...
Economy
The long-awaited Cybertruck from Tesla (TSLA.O) will be priced at $60,990, more than fifty percent more than CEO Elon Musk advertised in 2019. Analysts...
Business
Shares of Alibaba Group Holding listed on the United States Stock Exchange fell on Friday after Morgan Stanley downgraded the company due to worries...
Business
Following the highly anticipated unveiling of its Cybertruck, Tesla shares (TSLA.O) saw a decline of around 2% on Friday. This was because analysts were...
Business
In a statement released on Friday, BNY Mellon (BK.N.) said it will boost its minimum pay to $22.50 per hour from $20 per hour...
Economics
Following a significant decline in early trading and a drop of more than two percent on Thursday, oil prices rebounded on Friday. This was...
Finance
On Thursday, TD Bank Group (TD.TO) announced a decrease in its earnings for the fourth quarter. This was because the second-largest lender in Canada...
Business
In a statement released on Thursday, the Dutch semiconductor equipment maker ASML (ASML.AS) announced that its Chief Executive Officer, Peter Wennink, will step down...
Economy
In his opening remarks at this year’s United Nations climate summit, which took place on Thursday, the incoming president of COP28, Sultan al-Jaber, urged...
Finance
On Thursday, the Royal Bank of Canada (RY.TO) said its earnings for the fourth quarter had increased. This was due to the fact that the...
Business
Oil inches up, all eyes are on the OPEC+ meeting outcome. On Thursday, there was not much of a shift in oil prices as investors...
Economy
Stocks are on cruise control as rate-cut expectations boost the outlook. The ongoing downward trend for global bond yields boosted confidence, which led to...
Finance
The antitrust regulator of Italy announced on Thursday that it had instructed the largest bank in the nation, Intesa Sanpaolo (ISP.MI), to suspend the...
Business
Huawei’s new smart car firm is valued at up to $35 billion amid advanced stake talks. Following the sale of holdings to investors such...
Business
J.P. Morgan sees a “challenging” stock backdrop in the first half 2024. Given that investors are seeking clarification on the path of monetary policy,...
Economy
On Wednesday, a new exchange-traded fund (ETF) that tracks Saudi stocks had its trading debut in Hong Kong. This ETF is the first product...
Economy
The preliminary statistics from the National Statistics Institute (INE) revealed that Spain’s inflation rate for the last 12 months dropped to 3.2% in November....
Business
Toyota Group will sell the Denso stake as the component maker looks to buy back shares. According to the closing share price on Wednesday,...
Finance
Saudi Arabia’s Kingdom Holding bought a $450 million stake in Citigroup from Alwaleed. The investment firm Kingdom Holding (4280.SE), owned by Saudi Arabian Prince...
Economy
China’s November factory activity likely contracted for the second month; Reuters’ survey on Wednesday indicated that China’s manufacturing activity most likely decreased for the...
Business
Rakuten’s mobile misadventure: from ambitious plan to millstone. When Rakuten (4755.T), a Japanese e-commerce and fintech behemoth, created a mobile service network in 2020,...
Business
Hota Industrial Mfg. Co. has been manufacturing gears, shafts, and other auto components in Taiwan for many years. These parts have been supplied to...
Business
Nio (9866. HK) and Zhejiang Geely Holding Group, two Chinese automobile manufacturers, said on Wednesday that they had inked a strategic collaboration agreement on...
Economy
The Federal Aviation Administration (FAA) said on Tuesday that it has established a new policy for aircraft certification. The policy stipulates that “major” adjustments...
Economy
RWE (RWEG.DE), the leading utility company in Germany, said that it would increase its investment in green energy technology to 55 billion euros ($60...
Economy
Oil rises, Brent tops $80 ahead of OPEC+ meeting. As a result of predictions that the OPEC+ producer group may tighten and prolong output...
Entrepreneurship
Nippon Life will buy Nichii Holdings for about $1.41 billion (Nikkei). The Nikkei reported on Tuesday that Nippon Life Insurance (NPNLI.UL), a Japanese insurance...
Business
China food delivery firm Meituan’s Q3 revenue beats estimates. Meituan (3690. HK), China’s most significant meal delivery company, reported a higher-than-expected 22.1% increase in...
Business
According to two people familiar with the subject, the fashion firm Shein has quietly registered to go public in the U.S. This makes it...
Finance
Japan’s price trend gauge hits record, heightening the case for BOJ exit. According to statistics released on Tuesday, a crucial indicator of Japan’s trend,...
Business
Shareholders postpone redemptions for $2.1 billion Lenders Australian property fund-source. As a weak real estate market hinders sales, investors have decided to defer payment...
Economy
Asian stocks were subdued as traders braced for inflation data. Tuesday saw a little increase in Asian equities as the dollar languished close to...
Business
According to two people familiar with the situation, Toyota (7203.T) group firms want to reduce their stakes in car supplier Denso (6902.T) by selling...
Economy
Morning Bid: Markets turn risk-averse after bumper month. Wayne Cole previews the day’s events in the European and international markets. Asia began the week...
Business
Asia stocks are steady ahead of inflation tests and the OPEC+ meeting. Ahead of potentially market-moving inflation data from the U.S. and Europe later...
Entrepreneurship
Retailers around the United States are keeping their fingers crossed for a cold and dry Black Friday since this will mark the beginning of...
Entrepreneurship
Novo Nordisk (NOVOb.CO) said on Thursday that it would introduce its top-rated anti-obesity medicine, Wegovy, in Japan on February 22. This will be the...
Economy
The dollar slides in thin Black Friday trading on bets has peaked. On Friday, investors gambled that U.S. interest rates had reached their highest...
Economy
On Friday, Brent oil futures increased, slightly erasing losses from the previous trading session. Traders were speculating on whether or not the OPEC+ producer...
Business
According to announcements posted on Friday on the websites of Taobao and Tmall, two of Alibaba’s online shopping platforms, the annual shopping festival scheduled...
Economy
U.N.-led talks weigh goal to reduce aviation emissions thorough less-polluting fuels. On Friday, a conference in Dubai that the United Nations presides over will...
Business
On Friday, Volkswagen (VOWG_p.DE) announced that it will develop a new platform for entry-level electric vehicles in China and use more local components to...
Economy
Amazon protests in Europe target warehouses and lockers on a busy Black Friday. On Black Friday, one of the busiest shopping days of the...
Business
On Friday, Nissan (7201.T) said that it will invest 1.12 billion pounds ($1.4 billion) to produce electric versions of two popular crossover models at...
Business
On Friday, the airline operator Virgin Australia (IPO-VIR.AX) said that it has placed an additional order for six Boeing MAX-8 aircraft in order to...
Economy
Asian shares were dragged lower by China, and Treasury yields climbed. Losses in China on Friday and the absence of advice from Wall Street,...
Economy
Bayer (BAYGn.DE) had a call with investors on Monday after a spate of negative news caused some of them to question whether the German...
Business
Nissan to make electric versions of Qashqai and Juke in Britain—media According to a report from Sky News on Wednesday, the Japanese automobile manufacturer...
Economy
Italian labor unions said that the Swiss mining corporation Glencore (GLEN.L) has decided not to construct an electric vehicle (EV) battery recycling factory on...
Cryptocurrencies
Market data indicated that investors withdrew over $956 million from cryptocurrency exchange Binance in the last 24 hours following the resignation of its CEO,...
Economy
With a greater emphasis on grids, Spanish power provider Endesa (ELE.MC) reduced its profit projection for this year and the next one on Thursday....
Business
Asia stocks hold gains as confidence grows on the rate outlook. As confidence builds that interest rates will decline globally next year, Asian equities...
Business
After OPEC+ postponed a ministerial meeting, prompting suspicion that producers could cut output less than planned, oil prices fell by more than one percent...
Finance
Japan’s Mizuho applies to set up a securities company in China. Japan’s Mizuho Financial Group (8411.T) is the most recent international corporation to make...
Finance
Rabobank was hit with a $29 million EU fine over the 2006–16 bond cartel. On Wednesday, the European Union’s antitrust inspectors punished 26.6 million...
Finance
According to court documents on Tuesday, the state-owned Russian Agricultural Bank filed a case in a Moscow court against JP Morgan (JPM.N.). The nature...
Economy
According to a presentation that Reuters reviewed, an OPEC technical panel requested a well-known financial market dealer to deliver a presentation this week that...
Business
In subdued pre-U.S. Thanksgiving holiday trade on Wednesday, oil prices slightly declined as investors awaited word on output cutbacks from the OPEC+ producers group...
Economy
The Labor Group nominates three candidates for Starbucks board seats. The Strategic Organizing Center (SOC), a confederation of labor unions in North America, announced...
Business
Maersk (Maersk. CO) announced on Wednesday that it has signed the first significant deal in the shipping industry to purchase 500,000 metric tons of...
Economy
Las Vegas hospitality unions ratify contracts with MGM. The MGM Resorts (MGM.N.) employees’ unions said on Tuesday that they had cast their votes to...
Economy
With a more conservative approach to investments, Italy’s Enel (ENEI.MI) aims to spend 35.8 billion euros ($39 billion) in gross capital over the next...
Economy
Asia stocks slip, dollar sell-off eases as dovish Fed cheer fades. Wednesday saw Asian markets retreat from 2-1/2-month highs while the dollar gained ground...
Business
Caterer Elior sees 2024 revenue growth below estimates. The market’s expectations for the French catering company Elior’s (ELIOR.PA) 2024 financial year sales growth will...
Business
Mitsubishi Heavy Industries (7011.T), a company based in Japan, announced on Wednesday that it anticipates increasing its defense revenue by double to approximately 1...
Economy
Exclusive: France and the US propose a ban on private finance for coal-fired plants at COP28. France, backed by the United States, is to...
Business
Due to consumers’ hard-hitting inflation and reduced spending on home improvement projects, Lowe’s Cos (LOW.N) anticipated a more significant loss in annual comparable sales...
Business
A committee of the United States Senate announced on Monday that it had issued a subpoena to Live Nation (LYV.N) and its affiliate Ticketmaster,...
Business
Nio (9866. HK), a Chinese electric car manufacturer operating at a loss, announced on Tuesday that it would collaborate with Changan Automobile (000625. SZ)...
Economy
Stocks in Asia hit a 2-month high, with the dollar defensive on the Fed view. On Tuesday, Asian shares rose to record two-month highs,...
Business
McDonald’s (MCD.N) announced that it has reached an agreement to increase its share in its China company to just under 50%, expressing confidence in...
Business
Car manufacturer Stellantis (STLAM.MI) and Chinese electric vehicle battery giant CATL (300750. SZ) said on Tuesday that they had signed a preliminary deal for...
Politics
China says it would be “a serious mistake” if Argentina cut ties. If Argentina were to terminate its ties with large countries like China...
Economy
Oil futures dropped on Tuesday, reversing significant gains gained in the previous two trading days, as investors turned cautious ahead of a meeting of...
Finance
Blackstone to close multi-strategy fund after assets drop nearly 90% (FT) According to a report published by the Financial Times on Tuesday, the asset...
Lifestyle
Japan’s TeamLab readies a renewed digital museum in the Tokyo mega-complex. Tokyo’s newest megaproject will have an immersive museum as its cultural center, and...
Business
A U.S. judge dismissed an antitrust lawsuit against Elon Musk’s electric car company, Tesla (TSLA.O). The lawsuit claimed that Tesla had monopolized the auto...
Business
Bayer ordered to pay $1.56 billion in latest US trial loss over Roundup weedkiller. Four plaintiffs claimed that Bayer’s Roundup weedkiller caused injuries, including...
Technology
After abandoning a highly criticized blockchain-based attempt, Australian stock exchange operator ASX (ASX.AX) said that it has contracted Tata Consultancy Services (TCS) (TCS.NS) to...
Finance
Westpac will raise $488 million in additional Tier 1 capital. The third-largest bank in Australia by market capitalization, Westpac Banking Corp. (WBC.AX), announced on...
Business
Oil futures moved higher on Monday, extending their gains in anticipation of OPEC+ deepening production curbs to prop up prices, which have declined for...
Business
Yara (YAR.OL), the company that manufactures fertilizer, announced on Monday that it has signed a contractual agreement to absorb carbon dioxide emissions from its...
Economy
The CEO of Optus, the second-largest telco in the nation, resigned on Monday, ending a tenure of more than three years marred by a...
Business
Bayer stopped the blood thinner drug trial for lack of effect, a major setback. Germany’s Bayer (BAYGn.DE) canceled a significant late-stage experiment testing a...
Technology
On Friday, an executive from Australia’s second-largest telecom, Optus, told parliament that the business did not have a crisis plan when a network-wide outage...
Technology
The US consumer watchdog hands Wall Street a rare win with a Big Tech crackdown. By pushing down on extensive technology businesses that are...
Technology
On Friday, an executive from the firm stated that Amazon (AMZN.O.) plans to add thousands of small merchants to its e-commerce platform in India...
Economy
The preliminary labor contract that General Motors (GM.N.) had been negotiating with the United Auto Workers (UAW) union has been ratified, making General Motors’...
Business
On Friday, Li Auto (2015. HK) announced it would begin mass production and delivery of its first pure electric car in February. This announcement...
Technology
Panasonic Holdings (6752.T), a company based in Japan, announced on Friday that it intends to sell a portion of its automotive systems business to...
Business
BP seeks partnerships to navigate the renewable energy storm. BP (BP.L.) is looking for partners for offshore wind projects in Japan and may invest...
Business
On Friday, shares of Volvo Cars (VOLCARb.ST), a Swedish automobile manufacturer, dropped by 14% after the company’s primary shareholder, China’s Geely (0175. HK), sold...
Economy
FTSE indexes look to end the week on a positive note. After a deluge of economic data stoked anticipation among investors that interest rates...
Business
Grab sets a free cash flow target and posts the first adjusted core profit. Grab Holdings (GRAB.O) posted its first-ever adjusted core profit in...
Business
As of Friday, the CEO of Transmashholding (TMH), Kirill Lipa, told the news agency Interfax that France’s Alstom (ALSO.PA) intended to return its 20%...
Economy
Last week, foreign investors were large purchasers of Japanese shares, spurred by solid company profits and a general surge across global markets amid optimism...
Business
Airbus nears compromise deal after Emirates jet order row. On Thursday, following a public spat between Emirates and engine supplier Rolls-Royce (RR.L.) over a...
Business
On Thursday, the British aerospace supplier Melrose (MRON.L) announced that it anticipates its earnings for 2023 to be 7% higher than its earlier projections....
Business
Mars Inc. has just completed a deal to acquire Hotel Chocolat, one of the most well-known and prestigious luxury chocolatiers in the United Kingdom....
Technology
After reporting a core profit for the third quarter that was higher than anticipated, Poland’s largest e-commerce platform, Allegro (ALEP.WA), stated on Thursday that...
Technology
Cisco lowers annual forecasts on a slowdown in new orders. Cisco Systems (CSCO.O) reduced its full-year sales and profit estimates, hinting that demand for...
Technology
Lenovo posts another revenue decline as PC demand remains slow. As the supply of personal computers (PCs) continues to exceed the demand for them,...
Business
A global slowdown in luxury spending, according to British clothing company Burberry (BRBY.L. ), is hurting it. If this trend continues, Burberry cannot fulfill...
Finance
The dollar holds ground as macro data hints at a later Fed rate cut. After two days of tumultuous trading that saw substantial falls...
Economy
As signs of increased US production coincided with worries about China’s weak energy demand on Thursday, oil prices continued their downward trend from the...
Business
Aegon, a Dutch insurance company (AEGN.AS), increased its capital generation estimate for the entire year on Thursday due to a robust performance in the...
Economy
Asian stocks fall as China’s property pains weigh on sentiment. Thursday saw a halt to the sharp gains gained this week in Asian equities...
Business
Following the announcement on Thursday that the industrial software giant Siemens (SIEGn.DE) had exceeded expectations in its fourth-quarter industrial earnings, the company provided a...
Business
Tesla faces pressure in Sweden as workers at the supplier strike. With employees at one of its suppliers scheduled to go on strike next...
Finance
On Wednesday, the IMF said it had achieved a staff-level agreement with Pakistan about the initial review of a $3 billion bailout, enabling the...
Economy
U.S. retail sales decreased in October for the first time in seven months due to a decline in hobby and automobile purchases. This further...
Business
A federal appeals court has said that Tesla Inc. (TSLA.O.) did not violate U.S. labor law when it forbade employees at its central Fremont,...
Finance
UBS (UBSG.S) was found guilty of promoting illicit financial services and money laundering in France, which resulted in a punishment of 1.8 billion euros...
Business
On Wednesday, Catalent (CTLT.N) stated that it anticipated that a majority of its present and forthcoming manufacturing capacity for pre-filled syringes until the fiscal...
Business
The U.S. unveils up to $3.5 billion in funding to boost domestic battery manufacturing. On Wednesday, the United States Department of Energy said that...
Business
Berkshire Hathaway (BRKa.N) announced that it had reduced its interest in Amazon.com (AMZN.O) and sold its shares in General Motors (GM.N) and Procter &...
Economy
London stocks rise on softer-than-expected inflation data. The benchmark indexes in the United Kingdom finished the day higher on Wednesday, putting them on course...
Business
Salesforce’s firm stock price wooed some investors during third quarter-filings. According to regulatory records, Salesforce (CRM.N), a software business, drew more capital from investors...
Business
One day after the International Energy Agency’s (IEA) increased its projection for this year’s rise in oil demand, oil prices increased on Wednesday due...
Economy
China outperformed manufacturing output and consumption estimates, but the property still hurts growth. Although China’s retail sales and industrial production growth in October exceeded...
Business
The next generation of the Toyota Camry, the best-selling car in the U.S. market, will only be available with a gas-electric hybrid powertrain. This...
Business
Almost 4,000 analysts at Goldman Sachs (GS.N.) listened to Chief Executive Officer David Solomon and his predecessor offer career guidance. Junior bankers also competed...
Business
Alstom (ALSO.PA), as part of a series of initiatives to bolster its balance sheet and soothe investor concerns over debt, announced on Wednesday that...
Economy
The European Union agreed on Wednesday over a rule that would establish limits on methane emissions for Europe’s oil and gas imports beginning in...
Business
Renault sets out targets for EV unit but says won’t sell it cheap. The French automobile manufacturer Renault announced on Wednesday that its electric...
Business
On Tuesday, the firms announced that Glencore (GLEN.L) had agreed to purchase a 77% share in Teck Resources’ (TECKb.TO) steelmaking coal business in Canada...
Economy
The IEA raises oil demand growth forecasts despite economic gloom. Despite an anticipated slowdown in economic development in almost all of the world’s major...
Business
Indonesia moves ahead with CCS talks with US oil majors and eyes petrochemical projects. U.S. oil majors Exxon Mobil (XOM.N) and Chevron Corp. (CVX.N),...
Business
According to a statement released by Pertamina on Tuesday, the state oil firm of Indonesia and the American oil giant Chevron (CVX.N) have inked...
Economy
EV demand in Europe is slowing as customers await affordable electric cars. Europe’s sales of electric cars seem to be slowing down after years...
Business
Tesla plans to double its component imports from India. According to a post on social media platform X on Tuesday, Indian Trade Minister Piyush...
Business
Fisker (FSR.N), an electric car startup, reported a lack of internal controls over financial reporting and lowered its production projection for 2023 on Monday....
Technology
Nvidia (NVDA.O) announced the addition of new capabilities to its top-tier AI processor. The company stated that Amazon.com (AMZN.O), Google (GOOGL.O), and Oracle (ORCL.N)...
Business
Goldman leads new funding for Fnality blockchain payments firm. Fnality, a blockchain-based wholesale payments company, announced on Tuesday that it had secured 77.7 million...
Business
Rivian will raise nearly $15 billion in debt for an EV plant in Georgia. In order to assist in the construction of an electric...
Business
Oil prices edge up after OPEC says market fundamentals are strong. Tuesday saw a little increase in oil prices due to worries that supply...
Business
With more than $50 billion in Boeing aircraft orders placed on Monday, Dubai carriers laid down the gauntlet to up-and-coming regional rivals as the...
Economy
Ahead of important U.S. inflation data that could significantly impact the Federal Reserve’s policy stance, Asian markets edged up on Tuesday in cautious trade....
Business
AustralianSuper rejects Brookfield’s offer to join Origin for $10.5 billion. On Monday, AustralianSuper, an Australian pension fund, said it had turned down an “eleventh-hour”...
Finance
Lloyd’s of London SPAC venture was scrapped due to volatile markets. On Monday, Financials Acquisition Corp. (FINSF.L) announced it would go into liquidation after...
Business
As the carmaker transitions away from gasoline-powered automobiles, Hyundai Motor Co. (005380. K.S.) began construction on Monday on a factory in South Korea dedicated...
Economy
Shares of Novo Nordisk (NOVOb.CO) increased by 3% on Monday as the market responded to data the pharmaceutical provided over the weekend indicating that...
Finance
The Greek government’s bailout fund for the country’s banks After receiving a higher offer from UniCredit, HFSF said on Monday that it had sold...
Business
According to comments made by the airline’s chief operating officer on Monday, the newest airline in Saudi Arabia, Riyadh Air, continues negotiating with aircraft...
Business
In a statement released on Monday, Porsche SE (PSHG_p.DE) said that the company’s net liquidity had improved from a deficit of minus 6.7 billion...
Finance
Overburdened with debt On Monday, the Swedish property firm SBB (SBBb.ST) announced an increase in the loss it incurred before taxes for the third...
Business
UK petrol station group EG to buy Tesla charging units. On Monday, the British gasoline station operator EG Group said that it will purchase...
Technology
Yangtze Memory Technologies Co. (YMTC), a Chinese chipmaker, sued competitor Micron Technology (MU.O.) in the United States, claiming that eight patents had been violated....
Business
At the start of the Dubai Airshow on Monday, Middle Eastern airlines are expected to place orders worth tens of billions of dollars for...
Economy
Monday saw a sharp decline in oil prices, wiping out gains from Friday as fresh worries about slowing demand in China and the U.S....
Economy
Israel’s weapons makers leave stands empty at the Dubai Airshow. Amidst the Israel-Hamas conflict in Gaza, the display exhibits of Israeli missile manufacturers Israel...
Business
Morgan Stanley stated on Monday that it anticipates a recovery in earnings throughout 2024 and that the S&P 500 (.SPX) would close the year...
Business
Exclusive: Light touch rules for Airbnb are set for an EU agreement next week. According to three individuals who know the situation, MPs from...
Finance
The ICBC hack reverberates with manual settlement of the bank’s Treasury trades for days. Following a ransomware assault on China’s largest bank, the Industrial...
Technology
Prosecutors in Genoa said on Friday that booking.com, a travel company, has reached a settlement to settle a tax issue in Italy by paying...
Finance
BNY keeps ICBC off Treasury platform and waits for the all-clear. Following a ransomware assault on China’s largest bank, the Industrial and Commercial Bank...
Economy
Honda hikes production workers’ pay after UAW deals with Detroit Three. Days after the United Auto Workers (UAW) union and the Detroit Three automakers...
Business
Internal documents from one of the world’s significant defense and space contractors, Boeing (BA.N.), were made public online on Friday by the cybercrime group...
Business
Spirits giant Diageo’s shares suffer a Latin American hangover. The creator of Johnnie Walker whisky, Diageo (DGE.L), reported on Friday that it expects first-half...
Entrepreneurship
Luxury conglomerate Richemont (CFR.S), whose shares fell 6% after the owner of Cartier jewelry announced first-half profits that fell short of expectations, issued a...
Business
China’s biggest lender, ICBC, hit by ransomware attack. The latest victim of a ransomware assault that halted transactions in the U.S. Treasury market this...
Business
Weight-loss drug maker Novo Nordisk invests $6 billion to boost output. The Danish production plant of Novo Nordisk (NOVOb.CO) will receive investments exceeding 42...
Entrepreneurship
Why Kashmir Saffron should be considered the new gold: the Arabic word zafaran, which means yellow, is where the term “saffron” originated. Botanically speaking,...
Business
According to Greenpeace and a document obtained by Reuters, Shell (SHEL.L) is suing Greenpeace for $2.1 million in damages after activists from the environmental...
Economy
Saudi Arabia to sign deals worth over $500 mln with African nations. During Thursday’s Saudi-Arab-African Economic Conference in Riyadh, Saudi Finance Minister Mohammed Al-Jadaan...
Business
According to two people with direct knowledge of the situation, Zeekr, the luxury electric car brand of Chinese manufacturer Geely (GEELY.UL), is publicly filing...
Technology
An EU court adviser backs the EU’s $14 billion tax order to Apple. On Thursday, an adviser to the European Court of Justice stated...
Business
China’s CICC sees an opportunity in Brazil as a possible office. According to Lindsay Lin, CICC’s Head of Americas, the securities company China International...
Finance
Russia’s VTB in Europe changes name as it liquidates. According to a Reuters executive, VTB (VTBR.MM), the second-biggest bank in Russia, is changing its...
Business
Hapag-Lloyd, a German container carrier, reported a net profit for the first nine months of 2023 of 3.2 billion euros ($3.43 billion), a 77%...
Business
Because of the weak demand for home deliveries, the British company Domino’s Pizza Group (DOM.L) saw a decline in overall orders, but on Thursday,...
Uncategorized
Walt Disney (DIS.N) outperformed Wall Street in earnings on Wednesday, offsetting a drop in advertising income at television network ABC with increased attendance at...
Business
As it announced an 8% year-over-year increase in third-quarter revenue, Flutter, the largest online betting firm in the world, stated on Thursday that it...
Business
Wizz Air (WIZZ.L), a European low-cost airline, reduced its annual profit projection on Thursday, citing challenging operational conditions and ongoing financial uncertainties. This quarter,...
Finance
SoftBank books a $5.2 bln quarterly loss as investments and a weak yen bite. The once-flying WeWork filed for bankruptcy, while SoftBank Group (9984.T)...
Economy
Morning Bid: Range-bound markets await Powell again. Ankur Banerjee’s outlook for the upcoming day in the European and international markets As investors processed a...
Economy
Asian shares rise despite Chinese property slump. Thursday saw a surge in Asian stock markets and a strengthening of the dollar even though foreign...
Business
Henkel (HNKG.DE), a German consumer products business, increased its annual outlook modestly on Thursday, citing strong pricing as a contributing factor to third-quarter growth....
Finance
Lloyd’s of London to invest $65 million following the slavery report Following research that revealed the commercial insurance industry had close ties to the...
Economy
Policymakers at the European Central Bank stated on Wednesday that more progress in reducing inflationary pressures is required and that businesses and governments must...
Uncategorized
Ford’s Chicago plant UAW workers vote to ratify the deal with the automaker. A proposed contract with Ford Motor Company (F.N.) has been endorsed...
Business
The supermarket chain Ahold Delhaize (AD.AS) saw a 7% decline in its shares on Wednesday after cutting its profit forecast for 2023 and pointing...
Technology
In a warning that increased competition and persistent inflation were dragging on user spending on its dating apps, Bumble (BMBL.O) estimated fourth-quarter revenue below...
Technology
Nintendo (7974.T), a Kyoto-based video game business that continues to release blockbusters despite market speculation about when to release a replacement device, pleaded for...
Business
M&S shares soar as first-half profit smashes forecasts. Following a revamp of its food, fashion, and supply chain, Marks & Spencer (M&S) broke first-half...
Business
As more customers visited its stores, Danish jewelry manufacturer Pandora (PNDORA.CO) announced a smaller-than-expected decline in third-quarter earnings on Wednesday. The company also lifted...
Business
Zara founder Ortega raises a bet on renewables with a potential Repsol deal. Amancio Ortega, the creator of Inditex (ITX.MC), is pursuing renewable energy...
Business
Renault cuts Nissan’s stake to 15% after transferring shares to trust. The alliance partners said in a statement that France’s Renault (RENA.PA) had reduced...
Business
Adidas (ADSGn.DE) announced a decrease in inventory levels on Wednesday. Still, it also expressed optimism, stating that retailers are “visibly” more interested in its...
Economy
The second-largest public bank in France, Credit Agricole (CAGR.PA), exceeded third-quarter earnings forecasts on Wednesday thanks to robust results from its investment bank and...
Business
Following a session in which oil prices fell to their lowest points in more than three months, worries about declining demand in the two...
Politics
According to Yoon’s office on Wednesday, South Korean President Yoon Suk Yeol will attend the APEC meeting in San Francisco from November 15–18. Following...
Business
Continental boosts earnings on higher pricing and lower inventories. Following successful price negotiations, fewer inventories, and stabilized supply chains, Continental (CONG.DE) posted results aligned...
Business
As a significant audit customer severed their relationship with Pricewaterhouse Coopers (PwC) Australia on Wednesday, the company announced hundreds of job losses, citing a...
Business
The South Texas gas pipelines owned by NextEra Energy Partners (NEP.N) will be purchased by American pipeline operator Kinder Morgan (KMI.N) for $1.82 billion...
Business
Airbus edges towards 2023 delivery goal after 18% increase in Oct. According to corporate statistics released on Tuesday, Airbus (AIR.PA) must deliver 161 aircraft...
Technology
With reports indicating that it secured a sizable A.I. chip order from Chinese tech giant Baidu (9888. H.K.) this year, Huawei is poised to...
Business
According to two people with direct knowledge of the situation, the U.S. liquefied natural gas (LNG) company New Fortress Energy (NFE.O.) and the Mexican...
Economy
The IMF upgrades China’s 2023–2024 GDP growth forecasts. The International Monetary Fund revised its prior projection of 5% growth and projected that China’s economy...
Business
While demand in its No. 1 market has remained concentrated on the smaller, first-generation E175-E1, Brazilian planemaker Embraer (EMBR3.SA) has been attempting to pitch...
Economy
MBDA’s British arm signs a $5 billion deal to bolster Poland’s air defense system. The British government said on Tuesday that MBDA, a British...
Business
Nike sued New Balance and Skechers for patent infringement over sneaker technology. The world’s largest shoe company, Nike (NKE.N), filed federal lawsuits against competitors...
Finance
The proposed sale of Danske Bank’s (DANSKE.CO) Norwegian personal client business to rival bank Nordea (NDAFI.HE) raised concerns from Norway’s competition authorities on Tuesday,...
Economy
Asia stocks snap winning streak; RBA hikes, but Aussie sinks. Tuesday saw Asian markets end a three-day winning run as investor excitement over a...
Finance
UBS was dragged into the red by the Credit Suisse takeover, but inflows cheer. The Swiss bank’s acquisition of Credit Suisse cost UBS Group...
Business
According to a Monday story in the Nikkei Business Daily, Japanese telecoms company NTT (9432.T) will work with Toyota Motor (7203.T) to create driverless...
Business
Ryanair (RYA.I), which cited rates that increased 24% during the summer and are likely to stay high for years due to restricted capacity, said...
budgeting
The Japanese trading company Itochu (8001.T) increased its full-fiscal year profit projection despite reporting a 14.5% decline in six-month net profit on Monday due...
Economy
Indian regulators are exploring a non-disruptive approach to instant equity trade settlement. As it searches for methods to support ordinary Indian investors, the markets...
Business
Being the first telecom company in a major European nation to give up its landline grid, Telecom Italia (TIM) (TLIT.MI) authorized the sale of...
Business
A person who knows the situation stated on Monday that Tesla (TSLA.O), an electric vehicle manufacturer striving for broad market adoption, will produce a...
Business
Orpea (ORP.PA), a French supplier of nursing care, announced on Monday that it anticipates core earnings for the entire year of about 710 million...
Economy
Monday saw a little increase in oil prices as major producers Saudi Arabia and Russia declared they would continue with more voluntary reductions in...
Business
Lindsell Train, a top-10 investor in Unilever (ULVR.L), praised the company’s recent management changes and stated that it has already spoken with the new...
Economy
Asia shares cheered by hopes of early rate cuts. After markets priced in early rate reductions in the U.S. and Europe, Asian equities rose...
Business
Magna International (MG.TO), a Canadian supplier of car components, increased its 2023 profit estimate on Friday but noted the impact of the United car...
Finance
Global finance chiefs face more challenging China questions at the Hong Kong summit. Amid geopolitical tensions and China’s economic downturn, international investment bank and...
Technology
As developers continue to pull out of California’s real estate market, Lendlease Group (LLC.AX) and Alphabet’s (GOOGL.O.) Google are mutually concluding development services agreements...
Business
The Sweden-based company’s report on Friday stated that sales of fully electric vehicles increased 10% year over year to 59,861 units at Volvo Cars...
Business
UAW gears up to organize at Toyota and other nonunion automakers. In an attempt to build on its success in collective bargaining with the...
Economy
Oil heads for weekly losses as Mideast worries ease and China demand is uncertain. Friday saw no movement in oil prices, but they were...
Economy
Although reasonable, worries that high and rising Treasury yields would have a significant negative impact on Wall Street are ultimately unfounded. History demonstrates that...
Business
BMW (BMWG.DE) said on Friday that its automotive segment’s third-quarter margin increased, with sales of more expensive, fully electric vehicles keeping the company on...
Technology
To calm investors who are concerned that it is falling behind Huawei Technologies (HWT.UL) and other regional smartphone manufacturers, Apple (AAPL.O) stated on Thursday...
Technology
Beijing will welcome the American semiconductor manufacturer expanding its presence in the Chinese market, signaling further warming in ties between the world’s two largest...
Economy
WeWork’s troubles darken the outlook for the embattled office market. The struggles of co-working giant WeWork (WE.N) cast doubt on the future of the...
Business
Lower natural gas prices and export volumes were the leading causes of Cheniere Energy’s (LNG.A..) reported decline in quarterly income as a liquefied natural...
Business
Santos (STO.AX) announced on Thursday that an Australian court had issued a temporary injunction to stop the company from beginning construction on the $3.6...
Finance
The first-ever bond-type shares of Japan’s SoftBank Corp. (9434.T) were launched on the Tokyo Stock Exchange on Thursday, garnering a total of 120 billion...
Economy
The dollar is lower as traders see US rates peaking with eyes on the BoE. Due to investors’ increased confidence in the likelihood of...
Entrepreneurship
One of the most significant military and space contractors in the world, Boeing (BA.N.), announced on Wednesday that it was looking into a cyber...
Finance
According to three sources, China’s financial authorities are looking into a month-end liquidity shortage that caused short-term money rates to spike to as high...
Business
With shares rising more than 6.5%, Lufthansa (LHAG.DE) posted quarterly earnings on Thursday that were marginally higher than analysts’ projections thanks to solid summer...
Business
After reporting a decline in gaming revenue in the third quarter due to unfavorable athletic outcomes and regulatory constraints, Entain (ENT.L.) decreased its profit...
Economy
Oil rises 1% after the Fed keeps rates unchanged. Following the U.S. Federal Reserve’s decision to keep benchmark interest rates, risk appetite returned to...
Economy
Asia shares and bonds rally as Powell fuels optimism about ending rate hikes. As a noncommittal Federal Reserve chairman caused markets to double down...
Technology
US lawmakers press Biden for plans on Chinese use of open chip technology. Following Reuters’s story last month on the growing concerns in both...
Business
The largest Dutch bank, ING Groep (INGA.AS), stated on Thursday that it would be repurchasing up to 2.5 billion euros ($2.65 billion) worth of...
Finance
Sberbank, the leading lender in Russia, posted a net profit of 411.4 billion roubles ($4.41 billion) for the third quarter, with a return on...
Finance
Italy’s antitrust probes Intesa’s customer shift to mobile service Isybank. On Thursday, the Italian antitrust watchdog said it had initiated an investigation into migrating...
Business
In a Thursday interview, a former Telecom Italia executive suggested the sale of its domestic retail company (TIM) (TLIT.MI) and Brazilian affiliate (TIMS3.SA) might...
Business
On Thursday, Novo Nordisk (NOVOb. C.O.) announced third-quarter operational earnings and sales records. Still, it also announced that it will continue to impose supply...
Economy
In line with projections, Shell (SHEL.L) announced $6.2 billion in third-quarter earnings on Thursday, driven by robust LNG trading and improved refining margins. Over...
Business
The largest online apparel retailer in Europe, Zalando (ZALG.DE), said on Wednesday that it had posted lower-than-expected third-quarter revenue and now expects 2023 sales...
Finance
The Securities and Exchange Commission (SEC) is looking into Wells Fargo’s (WFC.N) cash sweep options for investment advice customers, the bank said in a...
Economy
October saw mounting strain on Asia’s manufacturers as industrial activity in China declined. This put the region’s critical exporters under more pressure due to...
Technology
In preparation for a 2024 launch, Aurora Innovation (AUR.O.) established its first autonomous truck lane on Wednesday, linking Dallas and Houston. Houston’s commercial trucking...
Finance
Chairman of the Swiss National Bank (SNB), Thomas Jordan, defended the central bank’s actions on Wednesday in addressing the Credit Suisse issue, including giving...
Business
As the manufacturer of Jell-O saw its margins increase due to higher prices for its packed meals and sauces, Kraft Heinz (KHC.O.) exceeded Wall...
Technology
Facebook owner Meta faces an EU ban on targeted advertising. The European Commission, which is in charge of data protection, decided on Wednesday to...
Business
On Wednesday, former Russian President Dmitry Medvedev mocked the Danish brewer Carlsberg (CARLb.CO) for believing it could leave Russia without facing consequences following Western...
Business
On Wednesday, Toyota Motor (7203.T) significantly increased its full-year projection and more than quadrupled its earnings for the second quarter, citing strong global sales...
Business
Due to production problems with its new DB12 sports vehicle, British luxury automaker Aston Martin (AML.L) reported a more considerable than anticipated quarterly loss...
Business
To get ready for more competition in the renewable fuels market, Finland’s Neste (NESTE.HE) announced on Wednesday that it intends to save 50 million...
Economy
A significant win for Tesla (TSLA.O), still facing several lawsuits and government probes about the same technology, came on Tuesday when it emerged victorious...
Economy
Ahead of this week’s significant meetings of world central banks, including the U.S. Federal Reserve, oil prices slightly increased in Asian trade on Wednesday....
Politics
To stop abuses such as tax evasion in importing critical agricultural products, Ukraine will require food export businesses to register, the government announced in...
Finance
The Bank of Japan intervened in the government bond market the day after it relaxed its control over long-term interest rates to control a...
Economy
Iveco Group (IVG.MI), an Italian manufacturer of trucks and buses, increased its 2023 guidance on Wednesday for the third time this year following the...
Business
Carlsberg CEO: Russia has ‘stolen our business’. According to the brewer’s new CEO, Carlsberg has severed all connections with its Russian business and has...
Business
To address EU antitrust concerns, Asiana Airlines (020560. KS) announced on Tuesday that it will hold another board meeting in early November to consider...
Finance
Provisions and Turkey’s loss overshadowed BBVA’s third-quarter profit gain. BBVA, a Spanish banking corporation, announced a 13% increase in net profit for the third...
Business
Bouygues (BOUY.PA), a French multinational specializing in construction and telecommunications, exceeded sales and nine-month core profit projections on Tuesday, primarily due to its energy...
Business
Brewer AB InBev’s shares rise on a $1 billion buyback. Tuesday saw a 2% increase in Anheuser-Busch InBev (ABI.BR) shares following the company’s announcement...
Finance
According to two people who know the situation, companies seeking to purchase Indonesia’s PT Bank Commonwealth include Malaysian bank CIMB (CIMB.KL) and Japanese financing...
Business
Tuesday saw BP (BP.L) release third-quarter earnings of $3.3 billion, which fell short of analysts’ projections due to disappointing gas performance and the write-down...
AI
On Tuesday, Microsoft (MSFT.O) and Siemens (SIEGn.DE) unveiled a collaborative endeavor to leverage artificial intelligence to boost output and human-machine interaction. The two businesses...
Technology
The $5.4 billion foundry that Powerchip Semiconductor Manufacturing Corp. (6770. TW) of Taiwan and SBI Holdings (8473.T), a Japanese banking company, said on Tuesday...
Business
According to two individuals acquainted with the situation, Siemens Energy (ENR1n.DE) is thinking of selling a portion of its 24% ownership in Siemens Ltd....
Economy
After falling more than 3% the day before, oil prices rose in Asian trade on Tuesday as concerns about supply sparked by the Middle...
Economy
Falling gas prices had a beneficial influence on future provisions, allowing Germany’s Uniper (UN01.DE), bailed out during Europe’s energy crisis, to swing to a...
Business
Leading the way was the recovering demand for military hardware and airline parts, as France’s Thales (TCFP.PA) reported 7.5% underlying growth in nine-month revenues...
Economy
According to the Australian Federation of Pilots (AFAP), pilots at Qantas Airways‘ (QAN.AX) charter business, Network Aviation, will retreat from their scheduled strike this...
Business
Morning Bid: Yield curve control morphs. Tom Westbrook’s outlook for the day’s markets in Europe and worldwide With the Bank of Japan reframing its...
Economy
The largest producer of gas and oil in Asia, PetroChina Co. Ltd., announced a record-breaking 21% year-over-year gain in third-quarter net profit as rising...
Business
McDonald’s (MCD.N.) surpassed Wall Street forecasts for third-quarter sales and earnings on Monday. The company did so by introducing new products and continuing to...
Business
Toyota Motor (7203.T) said on Monday that higher demand in Europe, North America, and Japan drove up global output to 900,919 vehicles in September,...
Business
According to two individuals familiar with the situation, negotiations between the German government and Siemens Energy (ENR1n.DE) to reach an agreement over around 15...
Economy
Oil output in North Dakota’s Bakken shale field may increase slightly due to Chevron’s (CVX.N) acquisition of Hess (HES.N), one of the biggest operators...
Business
Following the failure of labor contract negotiations to yield a tentative deal, more than 8,200 members of the Canadian labor organization Unifor staged a...
Business
On Monday, thousands of CVS Health Corp. (CVS.N.) and Walgreens Boots Alliance (WBA.O.) U.S. pharmacy workers will stage a three-day strike to demand better...
Business
Glencore (GLEN.L), a commodities trader and miner, reduced its forecast for nickel production due to maintenance and strikes on Monday but kept its overall...
Economy
In response to support from Middle East turmoil, oil prices fell more than 1% on Monday as investors exercised caution ahead of this week’s...
Business
Due to the impending closure of their auto components factory—an early casualty of the European Union’s shift to electric vehicles—about 230 workers in Italy’s...
Economy
As part of attempts to prevent global warming from rising over 1.5 degrees Celsius, the president of the COP28 climate meeting next month and...
Economy
A policy decision by the Bank of Japan later this week, along with other significant central bank meetings and a plethora of global economic...
Economy
Ahead of central bank meetings in the U.S., U.K., and Japan, where a policy tightening may occur, worries of a larger war sparked by...
Finance
On Monday, HSBC (HSBA.L) revealed a new $3 billion share repurchase program and more than doubled third-quarter earnings. However, the results fell short of...
Economy
Wayne Cole previews the day’s events in the European and international markets. Asian markets have had a cautious start as Israeli forces, supported by...
Business
According to a report by business news source manager Magazin on Friday, Volkswagen (VOWG_p.DE) intends to eliminate 2,000 positions at its struggling software division,...
Technology
Friday saw a spike in chip stocks as Intel (INTC.O.) surged more than 9%, signaling that the personal computer industry was beginning to recover...
Economy
In the week leading up to October 25, American investors continued to be net sellers of stock funds due to rising bond rates and...
Business
Chevron’s (CVX.N) share price fell in pre-market trade after the company reported a third-quarter profit that significantly undershot Wall Street projections. Since crude prices...
Business
Before the bell on Friday, Ford Motor Co. (F.N.) shares dropped 3.8% as the carmaker revealed more significant losses from its electric vehicle (E.V.)...
Technology
On Friday, a senior industry official stated that while Taiwan’s chip sector is prepared to collaborate with the government to meet its 2050 net-zero...
Business
Due to more robust demand for newer treatments and a less-than-expected decline in sales of its popular arthritis medication Humira, AbbVie (ABBV.N) increased its...
Business
Remy Cointreau’s (RCOP.PA) stock fell 11% on Friday after the company reduced its profit projection and sales outlook. As trade conditions in China and...
Finance
Ahead of the Bank of Japan’s policy meeting next week, the yen tumbled about 150. At the same time, the dollar strengthened on Friday...
Finance
The largest brokerage and investment bank in Japan, Nomura Holdings (8604.T), announced a doubling of its net profit for the second quarter. This was...
Business
The defense division of Boeing (BA.N.) is more difficult to turn around than management had thought. This year, the company lost $1.7 billion on...
Business
In light of the robust demand for jet engine repairs, France’s Safran (SAF.PA) noted sustained strain on supply chains when it reported a 26%...
Business
According to individuals familiar with the subject, as industry restructuring picks up steam, ConocoPhillips (COP.N) is reportedly exploring a bid for CrownRock LP, an...
Technology
A defense contractor, L3Harris Technologies (LHX.N), exceeded third-quarter earnings projections on Thursday due to increased military spending worldwide and geopolitical unrest. Following its acquisition...
Technology
The Nikkei newspaper reported on Thursday that negotiations to become one of the largest chipmakers globally had ended between Western Digital Corp (WDC.O) and...
Economy
Due to “uncertainty” surrounding the ratification of its agreement with the United Auto Workers (UAW) union, Ford Motor Company (F.N.) pulled its full-year results...
Technology
The firms announced on Thursday that B.P.’s (BP.L) electric car charger unit has placed an order for $100 million worth of Tesla (TSLA.O) ultra-fast...
Business
The U.S. International Trade Commission (ITC) found that Apple Watches violated the patent rights of medical technology company Masimo (MASI.O.). As a result, the...
Business
The well-known Brazilian aerospace manufacturer Embraer has announced that 43 aircraft were successfully delivered in the third quarter of this year. This achievement demonstrates...
Politics
China’s top diplomat, Wang Yi, stated on Thursday, as he started his visit to Washington, that although China and the United States have differences,...
Technology
Intel (INTC.O.) predicted fourth-quarter sales above Wall Street projections on Thursday as it prepares new processors to handle artificial intelligence on laptops. The company...
Politics
Israel and Hezbollah fighting another war is something Lebanon cannot afford, with its economy in shambles and its government in disarray. Iran-supported According to...
Technology
In an indication that the stalling production of electric vehicles may negatively impact the market for its driver-assistance technology, Mobileye Global (MBLY.O) reduced the...
Technology
Strong results in theme parks and streaming helped Comcast (CMCSA.O) produce quarterly revenue above Wall Street projections on Thursday. However, the company also revealed...
Business
Hein Schumacher, the new CEO of Unilever (ULVR.L), unveiled long-awaited proposals on Thursday to streamline the company after acknowledging that it had underperformed in...
Finance
On Thursday, the European Central Bank ended the longest run of rate increases in its 25-year history, stating that the most recent statistics continued...
Business
EV manufacturer Leapmotor is the largest auto market in the world by sales. Stellantis said on Thursday that it is investing $1.6 billion to...
Economy
On Thursday, Merck & Co. (MRK.N) announced better-than-expected third-quarter earnings due to unexpectedly robust demand, mostly in Japan, for its COVID-19 treatment. The company...
Finance
Due to increased consumer spending on entertainment and travel, Mastercard (MA.N.) announced a boost in third-quarter earnings on Thursday. For the three months ending...
Economy
The massive tobacco company Altria Group (MO.N.) reduced its projected yearly earnings on Thursday due to smokers gradually switching from its priciest brands of...
Business
Volkswagen (VOWG_p.DE) is trying to recover margins after poor bets on raw material pricing hurt quarterly earnings. To that end, the German carmaker is...
AI
According to five individuals familiar with the situation, European Union parliamentarians reached a consensus late on Tuesday on a crucial component of new artificial...
Finance
Chief Executive Andrea Orcel of UniCredit (CRDI.MI), located in Italy, stated that the company’s recent enhancements to Buddybank, its mobile banking service, will facilitate...
Business
Senior leaders will share Pam Lifford’s responsibilities as the president of Warner Bros. Discovery’s consumer goods division, the company announced on Wednesday (WBD.O.). Reporting...
Business
On Wednesday, Stellantis NV (STLAM.MI) reiterated that it was exploring deeper connections with Chinese automakers following a Bloomberg story that the business was closing...
Finance
As part of an international effort to reduce expenses, Barclays Plc (BARC.L) is letting go of dozens of employees in its U.S. consumer banking...
Technology
Many states in the United States have filed lawsuits against Meta Platforms (META.O) and its Instagram division, claiming that the company’s addictive social media...
Business
Hess Corp. (HES.N), an oil and gas producer, exceeded Wall Street projections for third-quarter profit on Wednesday due to increased output, only days after...
Cryptocurrencies
August saw the addition of BlackRock’s (BLK.N) proposed bitcoin exchange-traded fund (ETF) to a clearinghouse eligibility file; however, clearinghouse DTCC stated that this action...
Business
Just one year after agreeing to collaborate in an attempt to surpass Tesla in sales, Honda Motor (7267.T) and General Motors (GM) have abandoned...
Economy
Due to quality problems at supplier Spirit AeroSystems (SPR.N.), Boeing (BA.N.) on Wednesday reduced its 737 delivery prediction for this year. This is a...
Economy
To increase earnings, CEO Wael Sawan of Shell (SHEL.L) plans to reduce around 15% of the personnel in its low-carbon division and scale back...
Business
The third-quarter earnings of CME Group (CME.O) increased on Wednesday as traders utilized the company’s products as a hedge against market volatility. The economy’s...
Business
The Swedish industrial company Atlas Copco (ATCOa.ST) announced on Wednesday a higher-than-expected increase in adjusted earnings for the third quarter but forecasted short-term declines...
Business
Record hotel rates and greater occupancy rates helped Hilton Worldwide Holdings (HLT.N) surpass Wall Street projections for third-quarter revenue and raise its full-year guidance...
Technology
As customers rushed to T-Mobile US’s cheaper plans in a fiercely competitive industry, quarterly subscriber additions beat projections. On Wednesday, the firm boosted its...
Economy
On Wednesday, oil prices fell for a fourth day as worries about decreasing European demand outweighed Middle Eastern supply interruptions from the Israel-Hamas conflict...
Business
The manufacturer of Dettol and Lysol cleaning products, Reckitt (RKT.L.), missed third-quarter like-for-like sales targets on Wednesday due to lower volume but said that...
Business
NextEra Energy (NEE.N.) was able to produce a profit for the third quarter on Tuesday that was higher than what Wall Street had anticipated...
Economy
Coca-Cola Company (KO.N.) increased its annual sales and profit predictions on Tuesday, marking the second time this year that the company has done so....
Business
On Tuesday, HCA Healthcare (HCA.N.) reported a quarterly profit that fell short of expectations on Wall Street. Increased staffing costs and subpar sales at...
Finance
Despite widespread fears regarding travel in the Middle East after an increasing conflict between Israel and Hamas terrorists, Wall Street’s top financiers came up...
Business
Great Wall Motor, a Chinese automaker, said it has formally filed its comments to the anti-subsidy inquiry that the European Commission is conducting into...
Business
Australia announced on Tuesday that it was evaluating an emergency appeal submitted by an indigenous group that aims to halt the pipeline building as...
Economy
According to a study, commercial activity in the Eurozone took an unexpected and unfavorable turn for the worst this month as demand dropped in...
Economy
On Tuesday, the President of the World Bank, Ajay Banga, stated that geopolitical tensions represent the greatest threat to the global economy. However, Banga...
Business
Mitsubishi Motors (7211.T) announced on Tuesday that it intended to invest up to 200 million euros ($213.66 million) in the brand-new electric car subsidiary...
Business
On Tuesday, Qantas Airways (QAN.AX) said that the firm and China Eastern Airlines (600115. SS) had withdrawn their application to the Australian competition authorities...
Business
The goal of Wednesday’s annual policy statement will be to stabilize an economy that has suffered from widespread emigration from the city and economic...
Economy
Oil prices increased on Tuesday, regaining some losses they had sustained the previous day. Investors were concerned that the battle between Israel and Hamas...
Economy
Novartis (NOVN.S.), based in Switzerland, announced on Tuesday that it is increasing its profit prediction for the entire year for the third time. The...
Business
It is anticipated that shares of the German sportswear brand Puma (PUMG.DE) will increase on Tuesday as a result of the company’s reiteration of...
Finance
Barclays (BARC.L) hinted at big cost cuts to come later this year as it announced a profit for the third quarter that narrowly exceeded...
Business
Hermes, the producer of the Birkin bag, reported a significant increase in third-quarter sales, with year-over-year growth of 15.6%. This growth rate exceeded forecasts...
Economy
The German automaker Volkswagen (VOWG_p.DE) decreased its profit margin projection for the current year, disappointing some investors, and its shares dropped more than 3%...
Business
On Monday, Chevron Corp. (CVX.N) said it would pay $53 billion in all stocks to acquire its smaller competitor, Hess Corp. (HES.N). Chevron’s offer...
Business
According to a report released on Monday, the French government’s fleet of A330 MRTTs (Multi Role Tanker Transports) will get capability upgrades and in-service...
Finance
The Japanese yen was the focus of attention in Asia on Monday, momentarily falling to a level of 150 per dollar as speculators banking...
Business
Beyonca, a manufacturer of electric vehicles, announced on Monday that it had signed an investment deal with Al Faisaliah Group Holding Company of Riyadh....
Business
Drugmaker Indivior (INDV.L) announced on Monday that it would pay $385 million to resolve accusations made by direct purchasers that it had improperly stifled...
Business
On Monday, Roche (ROG.S.) announced that it will purchase Telavant from Roivant Holdings (ROIV.O.) and Pfizer Inc. (PFE.N.) for an initial $7.1 billion. Telavant...
Business
Alibaba Group (9988. HK), the world’s largest e-commerce company, said that it will be giving steep discounts as it prepares for its annual Singles...
Economy
South32 (S32.AX), an Australian company, reported a larger-than-anticipated 18% decline in metallurgical coal production during the first quarter on Monday due to production problems...
Business
According to a business letter, Toyota Motor (7203.T) of Japan is pleading with the Indian government to reduce taxes on hybrid automobiles by as...
Business
Following ElectraMeccanica’s (SOLO.O) decision earlier this month to withdraw their proposed agreement, British electric truck manufacturer Tevva “re-engaged” with several potential merger partners and...
Business
In what will be the first battery supply agreement between the two businesses, Samsung SDI (006400. KS) of South Korea said on Monday that...
Economy
Oil prices fell more than $1 on Monday due to concerns for a larger war in the oil-rich area and a strain on supply...
Technology
Wayne Cole provides an overview of the European and international markets for the next day. Asia’s markets have had a cautious start to the...
Business
Australia’s Lynas Rare Earths (LYC.AX) announced on Friday that it intended to temporarily halt all activities in Malaysia, except a mixed rare earth carbonate...
Technology
According to sources familiar with the situation, Bloomberg News reported on Friday that Kioxia Holdings had approached the government-backed Japan Industrial Partners (JIC) to...
Business
China Evergrande Group (3333. HK) announced on Friday that the parameters of a planned offshore debt restructuring arrangement were being changed to accommodate the...
Finance
According to the Globe and Mail on Friday, Canadian Conservative Party leader Pierre Poilievre demanded that the federal government reject the Royal Bank of...
Politics
According to a report on state television on Friday, President Vladimir Putin traveled to the Russian military’s headquarters in the southern city of Rostov-on-Don...
Finance
After the 10-year yield reached a new decade high on Friday, the Bank of Japan intervened in the Japanese government bond (JGB) market for...
Business
According to reports, pharmaceutical company Merck will pay Daiichi Sankyo $5.5 billion to collaborate on developing three of its candidate cancer medications. Depending on...
Technology
According to information on Thursday’s electric car manufacturer’s website, the Model X Plaid all-wheel drive in the United States has climbed from $89,990 to...
Business
The owner of Holiday Inn, IHG (IHG.L), stated on Friday that it anticipated finishing 2023 with “very strong” financials after reporting an increase in...
Business
On increased concerns that the Israel-Gaza war may expand throughout the Middle East and disrupt supply from one of the world’s top-producing regions, oil...
Finance
After acquiring Credit Suisse, UBS (UBSG.S.) announced on Friday that it will restructure the board of its domestic Swiss company, appointing a new chairman...
Economy
The commerce ministry announced on Friday that China would need export licenses for select graphite goods to safeguard national security. This is part of...
Finance
The jump in the yield on the 10-year U.S. Treasury note, which briefly surpassed 5% overnight for the first time since 2007, helped push...
Economy
As worries about a Middle East conflict grew, and long-term U.S. rates continued to increase, pressuring valuations, Asian equities hit a new 11-month low...
Business
Core inflation in Japan fell below the 3% mark in September for the first time in more than a year. Still, it was above...
Politics
President Xi Jinping told his Sri Lankan counterpart on Friday in Beijing that China is eager to provide aid to that country without regard...
Business
According to Shein’s Brazilian manufacturing director, Fabiana Magalhaes, the Chinese fast-fashion retailer wants to begin exporting its Brazilian-made goods to other Latin American countries...
Business
According to three individuals with knowledge of the situation, Hitachi (6501.T) is likely to receive EU antitrust permission for its 1.7 billion euro ($1.8...
Economy
As it fights to combat the effects of rising jet fuel prices and costly labor contracts, American Airlines (AAL.O) on Thursday lowered its prediction...
Economy
The third quarter profit of Swiss elevator manufacturer Schindler (SCHP.S) increased by 23% due to growth in maintenance and other services, prompting a small...
Business
Invoking economic unpredictability and highlighting concerns about a slowdown in demand, Tesla (TSLA.O) joined General Motors (GM.N) and Ford (F.N.) in being cautious about...
Business
Dongfeng Motor Group (0489. HK) of Hong Kong and Stellantis (STLAM.MI) of the Netherlands said on Thursday that the automakers would increase their vehicle...
Business
Philip Morris International (PM.N), helped by increasing cigarette pricing, demand for its heated tobacco products, and the quick development of its oral nicotine product...
Finance
The largest private equity firm in the world, Blackstone Inc. (BX.N), reported on Thursday that a fall in asset sales from its real estate...
Technology
The Financial Times reported on Thursday that Beijing is considering delaying US chipmaker Broadcom Inc’s (AVGO.O) $69 billion acquisition of cloud computing company VMware...
Politics
Yoon Suk Yeol, the president of South Korea, will travel to Saudi Arabia and Qatar on official business from October 21 to October 26....
Business
The diverse German company Merck KGaA (MRCG.DE) has raised the possibility of revenue growth returning in 2019. This is due to a rebound in...
Economy
On Thursday, the Australian Shareholders’ Association said it would vote against Vanessa Hudson’s appointment as a director of the business and as chief executive...
Business
Due to excessive gains fueled by a media story of a potential purchase by CVC Capital Partners, which the private equity firm declined to...
Finance
After at least one of its clients was accused of money laundering, the Monetary Authority of Singapore (MAS) said on Wednesday that it would...
Business
After the Chinese economy expanded faster than anticipated in the third quarter compared to a year earlier, JP Morgan and Nomura raised their projection...
Business
According to three individuals who know the situation, despite the possibility of tariffs in the region, Chinese EV manufacturer Nio (9866. HK) is contemplating...
Business
On Wednesday, AB Volvo (VOLVb.ST), which announced a higher-than-anticipated increase in quarterly earnings, stated that it anticipates a slowdown in the European and North...
Business
Adidas (ADSGn.DE) shares rose 4% at the market start on Wednesday due to the sportswear company raising its annual outlook in a surprise third-quarter...
Lifestyle
One of the most photographed structures in the world, the Sydney Opera House is instantly recognizable by its sails shimmering above Sydney Harbour. The...
Technology
Infineon, a German chipmaker, announced on Wednesday that it has reached a multi-year arrangement with Hyundai and Kia to supply power semiconductors to assemble...