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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- Economy
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- 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 "economy"
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...
Economy
Millions in the U.S. Northeast face steep heating bill hikes this winter due to a 10% tariff on Canadian energy imports. Low-income families are...
Breaking News
USAID faces an unprecedented crisis involving leadership turmoil, a suspected security breach by DOGE, and severe downsizing amid shifting U.S. foreign policy priorities. Allegations...
Breaking News
Inflation in Lima eased in January 2025, with a 0.09% monthly decline and annual inflation at 1.85%, within the Peruvian Central Bank's target range....
Agriculture
Beef prices remain high as U.S. cattle herds decline to their lowest in 74 years. Drought, high feed costs, and strong demand drive ranchers...
Economy
Ghana achieved a historic $5 billion trade surplus in 2024, driven by a 50% surge in gold export revenues to $11.6 billion. While this...
Economy
Canada is preparing for a potential refugee surge as U.S. immigration policies tighten. Efforts include enhanced infrastructure at Quebec's Saint-Bernard-de-Lacolle border crossing, reflecting a...
Economy
Germany's DAX Index hits record highs despite economic contraction, driven by export-focused giants like SAP and Siemens. While these multinationals thrive on global demand,...
Economy
Donald Trump's potential second term may prioritize transactional diplomacy with China, seeking high-profile trade deals like an expanded "Phase One" agreement. While focusing on...
Economy
Global markets ended the week on an optimistic note, with London’s FTSE 100 hitting a record 8,505.22, fueled by strong mining sector gains and...
Economy
China controls nearly two-thirds of global shipbuilding, sparking U.S. economic and national security concerns. A USTR report highlights the decline of American shipbuilding capacity,...
Business
Wall Street soared on January 15, 2025, as cooling inflation, strong bank earnings, and falling Treasury yields fueled investor optimism. The Dow, S&P 500,...
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,...
Economy
Labour faces mounting economic challenges as the pound dips and inflation soars, with Rachel Reeves’s budget drawing sharp criticism. Polarizing policies, business tensions, and...
Economy
India's retail inflation dropped to a 4-month low of **5.22% in December 2024**, easing pressures on household budgets and signaling economic stability. Key drivers...
Economy
China’s economy faces a pivotal 2025, grappling with slowed growth, real estate struggles, and waning foreign investment. While government measures aim to boost consumption...
Economy
European markets surged, with the Stoxx 600 up 1.3%, driven by cooling inflation in the U.K. and U.S. Retail and housebuilding stocks led gains,...
Economy
Asia-Pacific markets saw mixed performances as U.S. inflation data signaled easing pressures, while Japan’s business sentiment improved slightly. Key indices fluctuated, with China and...
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,...
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...
Politics
Joe Biden had other plans for his address. Under the current conditions, at least not this year. Tragedies and hardships have left their...
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...
Business
By the year’s end, Taco Bell plans to have implemented AI ordering at hundreds of US sites, following two years of testing in a...
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...
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
There was a candlelight protest at the Gandhi Hospital in Hyderabad on August 12, 2024, against the rape and murder of a young doctor...
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...
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
In recent years, some Black voters have left Democrats. Will Kamala Harris convince them to vote Democratic again? Kamala Harris replaced Joe Biden...
Politics
ABC announced a September 10 discussion between Republican presidential nominee Donald Trump and Democratic challenger Kamala Harris. Trump requested further debates on September 4...
Politics
In the states of Michigan, Pennsylvania, and Wisconsin, a poll indicates that Democratic nominee Kamala Harris has an advantage over her Republican opponent. Kamala...
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
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
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
Cisco According to those in the know, the American networking equipment manufacturer will lay off thousands of workers again this year as it prioritizes...
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
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
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
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...
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
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
After industry worries that some biodiesel producers may be using false feedstocks to obtain lucrative government subsidies, the U.S. Environmental Protection Agency has investigated...
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
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
Asian market outlook. Asian investors hope the Tuesday recovery in global sentiment and risk assets continues into Wednesday, but the dollar and U.S. government...
Business
Itau Unibanco is the biggest private lender in Latin America. On Tuesday, it reported a 15.2% increase in second-quarter profits compared to the same...
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...
Politics
Democratic presidential contender Kamala Harris chose Minnesota Governor Tim Walz as her running mate on Tuesday, choosing a progressive policy advocate and a simple...
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
SunPower, a solar company, said it had filed for Chapter 11 bankruptcy in the US and decided to sell $45 million worth of business...
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...
Politics
Ukrainian troops describe Russian tactics they see everyday with a brutal word. They call them “meat assaults”—waves of Russian troops attacking their defensive...
Politics
US President Joe Biden calmed top Democrats and campaign workers after rumors claimed he was considering his departure following last week’s dismal debate with...
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...
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...
Politics
After Biden failed to fend off Trump’s accusations and bogus allegations, his aides rushed to control the repercussions. Trump Media & Technology Group which...
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
President Luiz Inacio Lula da Silva signed a decree on Wednesday setting a continuous inflation objective beginning in 2025 with quarterly central bank accountability....
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...
Economy
Beijing, China’s capital, announced moves on Wednesday to decrease the cost of house ownership, including lowering mortgage interest rates and the minimum down payment...
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...
Business
Three sources claimed banks advising Hyundai on its India IPO may gain $40 million in fees, a windfall in a sector where banks struggle...
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
A liquidation action against Chinese property developer Shimao Group has been rescheduled until July 31 as the business has again extended a deadline...
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,...
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
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
The Dow fell as retailers dragged and investors waited for critical inflation data this week, while the Nasdaq rose 1.3% on Tuesday, led by...
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...
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...
Business
The Model Y’s 12-volt battery, which powers doors and windows, failed. A 20-month-old toddler was rescued after becoming stuck in a Tesla Model Y...
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
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...
Economy
According to a draft guideline, US investors cannot support AI systems in China that may be used for military purposes, including weapons targeting. The...
Politics
Donald Trump, a Republican running for president, said Thursday that U.S. college graduates should “automatically” earn green cards so they can remain in the...
Economy
Haiti’s Prime Minister Garry Conille said Thursday that the decision to replace the national police director was driven by the need to give security...
Business
President Joe Biden’s administration on Thursday prohibited Russia-based cybersecurity company Kaspersky from selling its popular antivirus software in the United States due to...
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...
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...
Technology
Microsoft hired Inflection’s co-founders and other employees to manage its Copilot program in March, and Inflection claimed that its AI model will...
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
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...
Economy
Schibsted a Norwegian online classifieds organization, will lose approximately 250 jobs in the Nordic region as part of a restructuring plan to decrease costs...
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,...
Technology
Xbox’s marketing chief is departing to join Roblox as their chief marketing officer as part of a larger marketing shakeup at Microsoft. According to...
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...
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...
Technology
The company’s board president said Friday that Tesla will utilize Thursday’s strong backing for Elon Musk’s $56 billion compensation deal to persuade a Delaware...
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...
Economy
Six months ago, the world’s leading central banks prepared for a global reduction in interest rates that would cut borrowing costs and increase lending...
Economy
May industrial output in China missed expectations, and a property sector contraction showed little signs of improving despite policy support, putting pressure on Beijing...
Finance
On Friday, cooling economic data, a hawkish Federal Reserve, and European political crises drove U.S. markets down, gold up, and European stocks down their...
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,...
Economy
On a Thursday visit to Capitol Hill, Donald Trump blasted U.S. funding for Ukraine, urged Republicans to cut gratuity taxes, and promoted tariffs. He...
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...
Business
Tesla shareholders approved Elon Musk’s $56 billion remuneration proposal, a vote of confidence in his leadership and an incentive to focus on the electric...
Economy
The European Commission has asked internet platforms Pornhub, Xvideos, and Stripchat what steps they take to protect minors and prevent the spread of unlawful...
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...
Business
British money transfer company Wise forecast a weaker than expected outlook for profits on Thursday, sending its shares down more than 20%. The company...
Politics
On Thursday, Republican presidential contender Donald Trump and critical aides to Democratic President Joe Biden will spell out their starkly different economic perspectives in...
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....
Politics
After his party lost a European Parliament vote to the far right, President Emmanuel Macron’s surprise emergency election on Monday shook French markets and...
Technology
The White House, Microsoft and Google announced Monday that rural hospitals in the US will receive free or cheap cybersecurity services to protect them...
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...
Politics
Donald Trump, the Republican presidential nominee, will hold an open-air event in sweltering Las Vegas on Sunday to boost his support in Nevada, a...
Technology
During a San Francisco event on Thursday, Republican presidential candidate Donald Trump positioned himself as a cryptocurrency champion while slamming Democrats’ attempts to regulate...
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
Cisco announced on Tuesday a $1 billion fund to invest in artificial intelligence startups, following a long line of large technology corporations seeking to...
Technology
Google’s top privacy officer will depart the firm in the fall after 13 years, according to a representative for the Alphabet-owned corporation on Tuesday....
Economy
Nigeria’s largest labor unions began an indefinite strike on Monday, shutting down the national grid and disrupting flights across the country, over the government’s...
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...
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
During the premarket trading session on Monday, shares of Gamestop increased by more than 90 percent. This was in response to a post on...
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....
Economy
Price cuts by big U.S. retailers, as well as new statistics showing a slowing in consumer spending, may bolster the Federal Reserve’s confidence in...
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
Companies should not sue shareholders over proposals, according to a group of over 40 major institutional investors from the US and Europe who issued...
Business
Easing Inflation in the US Spurs Debate: In recent months, there have been palpable concerns surrounding the pace of price increases in the United...
Business
Navigating the Resilience of UK Wage Growth : An intriguing economic contrast has been observed in the UK in recent quarters: a strong...
Business
UN Spokesperson Refrains from Responding to Biden: A UN spokesman, Farhan Haq, chose not to directly address US President Joe Biden’s remarks about India’s...
Business
India’s Economy Surpasses Predictions, Records Impressive 8.4% India has once again secured its position as the fastest-growing major economy globally, reporting an impressive expansion...
Economy
Israel’s Economy Contracts More Than Anticipated Official figures reveal that Israel’s economy contracted more than anticipated in the aftermath of the conflict with Hamas...
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...
Politics
On Wednesday, the United States and its allies condemned North Korean missile strikes against Ukraine. Washington called the action disgusting, while Seoul branded Ukraine...
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...
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
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
The Houthis, who are headquartered in Yemen, launched 21 drones and missiles into the southern Red Sea on Tuesday, according to reports from the...
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...
Cryptocurrencies
On Monday, several investment managers revealed their fees for their planned spot bitcoin exchange-traded funds (ETF), a step toward U.S. securities regulator approval this...
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...
Politics
Canada partners take Iran to the UN Council over a downed Ukrainian jet. To hold Iran responsible for the downing of a passenger plane...
Politics
After three months of fighting near the Israeli-Lebanese border, Israel struck a significant blow to the organization on Monday when it killed a key...
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...
Politics
Gaza’s child amputees face further risks without expert care. The explosion in October that struck Noor’s home in Jabalia, Gaza, nearly severed her eleven-year-old...
Politics
Blinken will travel to Israel and the West Bank in a week-long Gaza diplomacy push—State Dept. According to State Department spokesperson Matthew Miller, top...
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”...
Politics
As he pursues the Republican presidential nomination for 2024, Donald Trump met with the leader of the Teamsters on Wednesday. He agreed to meet...
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
Japan Airlines (JAL) announced on Thursday that it estimated more than $100 million in damages after one of its planes was wrecked in a...
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...
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...
Economy
All 379 people aboard a Japan Airlines (JAL) jet evacuated the burning airliner following a collision with a Coast Guard plane at Tokyo’s Haneda...
Politics
More than 100 killed in ‘terrorist attacks’ near tomb of Iranian Guards’ Soleimani. Two explosions killed more than 100 people and injured dozens more...
Economy
General Motors (GM.N.) retains its title of top-selling carmaker in the United States in 2023, edging out competitor Toyota Motor (7203.T), as easing supply...
Politics
Greek PM sacks police minister in mini reshuffle, key posts unchanged. On Wednesday, Greek Prime Minister Kyriakos Mitsotakis named a new police minister as...
Economy
Three people were injured in a stabbing on a Tokyo train, and one woman was arrested. Three men were stabbed and rushed to the...
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...
Economy
Floods and snow hit Northwest Europe after the latest Atlantic storm. On Wednesday, parts of northwest Europe struggled to cope with the latest Atlantic...
Finance
Exclusive: China’s top banks tighten exposure to smaller peers to curb credit risk. According to three sources, several of China’s largest banks have increased...
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...
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...
Politics
Turkey to reinforce military bases in Iraq after 12 soldiers were killed. Following the deaths of twelve Turkish troops in the region, President Tayyip...
Politics
Lopez Obrador says the US and Mexico will keep border crossings open. After several essential rail crossings were temporarily closed owing to the significant...
Technology
Alibaba must face a lawsuit in the US over counterfeit Squishmallows. On Wednesday, a judge in the United States denied Alibaba’s (9988. HK) request...
Technology
On Wednesday, the New York Times filed a lawsuit against OpenAI and Microsoft (MSFT.O), alleging that the two companies had used millions of the...
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...
Economy
On Thursday, oil prices remained stable after significantly declining in the previous session. This was because fears of shipping interruptions along the Red Sea...
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...
Uncategorized
A UN report deplores the ‘rapid deterioration’ of rights in the West Bank. In a report made public on Thursday, the United Nations denounced...
Politics
According to a statement released by the Romanian Ministry of the Interior late on Wednesday, Romania and Bulgaria have agreed with Austria to join...
Politics
China urges a regional alert as the US military steps up its forward deployment. In response to allegations that the United States intends to...
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...
Politics
The Indian Navy will deploy guided-missile destroyer ships after striking off its coast. In response to the attack that was carried out on a...
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
Thousands protest over Serbia election result, march to main police station. On Monday, a sizable crowd gathered in front of the Central Election Commission’s...
Politics
A Ukrainian attack on a Crimean port damages a Russian warship, says Moscow. Moscow stated on Tuesday that a Ukrainian bombardment on the port...
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...
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...
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...
Economy
At glittering malls in major Chinese cities such as Shanghai and Chongqing, customers are greeted with enormous Christmas trees, lights, tinsel, and present boxes....
Politics
Ukraine seeks to terminate its free trade agreement with Belarus. According to statements made by cabinet minister Taras Melnychuk on Monday, the Ukrainian government...
Economy
The death toll from the China earthquake rises to 149, with two still missing after a week. At least 149 people were murdered in...
Politics
A Russian-backed union signs a free trade pact with Iran. According to statements made by Russia’s Ministry of Economy and the Eurasian Economic Union...
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...
Finance
The Russian central bank needs months to ensure CPI falls before rate cuts. According to statements made by Elvira Nabiullina, the governor of the...
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...
Politics
Thousands protested in Belgrade to demand the annulment of elections. An anti-government demonstration took place on Sunday in the central business district of Belgrade....
Politics
Israeli airstrikes killed 100 people in one of the war’s deadliest nights, Gaza officials say. At a burial that took place in Gaza on...
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...
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...
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
No deal with Turkey on the Swedish NATO bid—Hungary’s Orban. Viktor Orban, the Prime Minister of Hungary, stated at a news briefing on Thursday...
Business
Despite growing online risks, Canada’s BlackBerry (BB.TO) posted an unexpected quarterly profit on Wednesday. A strong demand for cybersecurity services supported this. Over the...
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...
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...
Politics
The Colorado Supreme Court declared on Tuesday that former President Donald Trump is unable to run for president of the United States due to...
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),...
Politics
U.S. defense chief urges Israel to do more to protect Gaza civilians. As the United States‘ campaign against Hamas has resulted in still more...
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...
Technology
As our world grows more linked, an invisible threat emerges, capable of crossing boundaries and posing a threat to our whole way of life....
Technology
Our exploration unfolds at the intersection of science and society, where everyday individuals become the unsung heroes of discovery as we embark on a...
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...
Politics
The EU summit decided to launch membership talks with Ukraine. In a surprising turn of events, the leaders of the European Union decided 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
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...
Politics
The EU says it will take in slightly more refugees from third countries. On Thursday, a senior European Union official announced that the union...
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...
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...
Economy
Stocks bide time ahead of the Fed decision; oil slumps. On Wednesday, oil prices dropped to their lowest point in six months, and global...
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...
Economy
Nations strike deal at COP28 to transition away from fossil fuels. At the COP28 climate conference, which took place on Wednesday, representatives from over...
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....
Technology
In the run-up to the election in February, the candidate for president of Indonesia, Ganjar Pranowo, is facing a formidable challenge from his competitors....
Technology
Elon Musk’s SpaceX will conduct a tender offer to sell insider shares for $97 per share. According to a story that Bloomberg News published...
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...
Politics
South Korea the US will hold a new round of nuclear consultation talks in Seoul. South Korea and the United States will conduct discussions on...
Politics
US President Joe Biden referred to his complicated relationship with Israeli Prime Minister Benjamin Netanyahu, implying that the latter is going through a “tough...
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...
Politics
Philippines summons Chinese ambassador over South China Sea ‘harassment.’ On Tuesday, the Philippine Ministry of Foreign Affairs announced that it had called China’s ambassador...
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...
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...
Politics
The Polish prime minister lost his confidence vote, clearing the way for Donald Tusk. A large coalition of pro-European Union parties under the leadership...
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...
Politics
Afghanistan was excluded from COP28 as climate impacts hit home. Concerns have been expressed over the humanitarian impact of Afghanistan’s exclusion from climate discussions...
Politics
Russia demands the release of hostages in talks with Palestinians. During telephone discussions with Hamas and other Palestinian factions on Sunday and Monday, Russian...
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
Three persons acquainted with the topic have stated that Nvidia (NVDA.O) is in advanced discussions with the Malaysian conglomerate YTL (YTLS.KL) for a data...
Technology
As a result of sluggish business expenditure and intense competition, chipmaker Broadcom (AVGO.O) forecasted yearly revenue that was lower than what Wall Street had...
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...
Politics
The United States Secretary of State, Antony Blinken, and the British Foreign Secretary, David Cameron, said they had addressed the “vital” United States-United Kingdom...
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...
Politics
Taiwanese intelligence says China’s leadership discussed election interference. According to information acquired on the island, senior Chinese authorities met at the beginning of December...
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...
Politics
The US criticizes Israel on the Gaza civilian toll as the UN hears ceasefire demand. Antony Blinken, the Secretary of State of the United...
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...
Politics
While meeting with President Vladimir Putin in Moscow on Thursday, Iranian President Ebrahim Raisi accused the West of aiding “genocide” by Israel against Palestinians...
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...
Politics
On Thursday, China said that the Biden administration’s intention to restrict the amount of Chinese content in batteries eligible for significant tax incentives for...
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...
Politics
On Thursday, Turkish President Tayyip Erdogan came to Athens with a group of ministers to meet with his Greek counterparts. Both nations hope these...
Politics
An unexpected meeting between Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin lasted three hours on Wednesday. During the meeting, Putin...
Politics
To resolve their disputes, Turkish President Tayyip Erdogan stated on Wednesday, before his trip to Athens, that Greece and Turkey should strengthen their confidence...
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
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...
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...
Politics
The US and Sweden signed a Defense Cooperation Agreement. As the Nordic nation works to expand its military connections while waiting for approval to...
Politics
Trump: I won’t be a dictator if I become U.S. president again. After receiving warnings from Democrats and some Republicans that the United States...
Politics
Despite the Gaza death toll soaring, the U.S. is unlikely to rethink weapons supplies to Israel. As the number of civilian casualties continues to...
Politics
A U.S. Navy patrol aircraft sailed across the sensitive Taiwan Strait on Wednesday, the U.S. military said, calling the operation a display of the...
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...
Politics
The United States Special Envoy for Climate Change, John Kerry, announced a worldwide engagement strategy to increase nuclear fusion on Tuesday. Kerry stated that...
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...
Economy
In Tokyo next week, Japan, Britain, and Italy will sign a treaty that will establish a combined organization and industrial group to build their...
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...
Cryptocurrencies
US crypto industry lobby spending is on track for a new record in 2023. According to information provided to Reuters by OpenSecrets, a nonprofit...
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...
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...
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...
Politics
According to a report on Monday in the Russian news outlet Shot, Russian President Vladimir Putin plans to visit the United Arab Emirates and...
Economy
Britain announces stricter visa measures to reduce net migration. As Prime Minister Rishi Sunak is under increasing pressure to address the issue of record...
Politics
Israel intensified the southern Gaza offensive, and the US and UN urged civilian protection. Israeli troops continued their air and ground bombardment of the...
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...
Politics
James Cleverly, the Home Secretary of the United Kingdom, is scheduled to arrive in Rwanda on Tuesday to sign a new treaty that would...
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...
Politics
China says it will hold a summit with EU leaders to discuss global economic issues. According to a statement released by China’s Ministry of...
Economy
Oil is down as uncertainty over OPEC+ supply cuts and demand growth weigh in. Even though the possibility of supply interruptions caused by the...
Technology
Spotify will reduce staff by 17% in a second layoff this year. The firm Spotify (SPOT.N) said in an email on Monday that it...
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...
Politics
The Israeli military said that its forces were engaging Hamas fighters across the Gaza Strip. This indicated that the Israeli military’s planned ground attack...
Politics
Choi Sang-mok, a former senior economic counselor, was nominated for the position of finance minister in South Korea by President Yoon Suk Yeol on...
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...
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...
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...
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...
Politics
Britain will send seven Royal Navy ships with undersea cables to patrol areas. In a statement released on Thursday, the United Kingdom said it...
Politics
‘Let us be a lesson,’ says Kazakhs, wary of the return to nuclear testing. Communities in the vicinity of the massive nuclear testing site...
Economy
Eurozone inflation tumble pits the ECB against markets. Inflation in the Eurozone fell more than expected for the third consecutive month in November, challenging...
Economy
The U.S. economy grew 5.2% in the third quarter, with higher interest rates eroding momentum. In the third quarter, the United States economy expanded...
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...
Politics
Democrats have no Biden backup plan for 2024, despite age concerns. It would be a problematic intraparty struggle if the Democratic Party suddenly needed...
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...
Entrepreneurship
Explore Elon Musk’s visionary Mars colonization plans and the future of Mars exploration in this in-depth article. KEY TAKEAWAYS Multiplanetary Vision: Elon Musk...
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...
Politics
Turkey expects to ratify Sweden’s NATO accession ‘within weeks,’ says the Swedish minister. It was announced on Wednesday by Sweden’s Minister of Foreign Affairs...
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,...
Politics
On Wednesday, the final day of an extended six-day truce in the Gaza Strip conflict, Hamas and Israel were anticipated to free further hostages...
Finance
UK financial watchdog proposes investment advisers hold capital for redress. The Financial Conduct Authority (FCA) of the United Kingdom proposed on Wednesday that personal...
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....
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
Investors spy value in cheap Finnish stocks after China and Russia’s pain. According to money managers, the beaten-down stock market in Finland may provide...
Economy
Oil was slightly higher as OPEC+ awaited, and a Black Sea storm disrupted supply. Wednesday saw a little oil price increase as investors became more...
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
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...
Economy
Nearly 2,500 people were rescued after a snowstorm in Ukraine’s Odesa region. Odesa, in southern Ukraine, had a snowfall that rescued about 2,500 people,...
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...
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
Greenpeace, an environmental organization, said on Monday that large oil and gas corporations in China and other countries are “greenwashing” their natural gas imports...
Politics
According to foreign sources involved with the discussions, Vietnam is wrapping up reform agreements with the G7 countries and multilateral lenders that may open...
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...
Economy
Brent holds above $80 a barrel ahead of the OPEC+ meeting. With Brent maintaining its price over $80 per barrel, oil prices saw minimal...
Economy
Japan’s $88 billion extra budget clears the lower house. Even though there are concerns about the state of the country’s finances, Japan’s legislature approved...
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...
Politics
Riots erupt in Dublin after children are stabbed. Three small children were among the five people hurt in a knife assault in Dublin on...
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...
Finance
A source who has direct knowledge of the ideas told Reuters that Barclays (BARC.L) is working on measures to save as much as 1...
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...
Politics
Foxconn, a critical Apple (AAPL.O) supplier and iPhone producer, is likely to breathe a sigh of relief after learning that Terry Gou, the billionaire...
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...
Politics
According to a joint statement, the President of Uruguay, Luis Lacalle Pou, and the Premier of China, Li Qiang, are eager to continue working...
Economy
According to data that the statistics office released on Friday, the German economy experienced a modest contraction in the third quarter compared to the...
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...
Economy
Origin’s top shareholder rejects Brookfield’s revised $10.6 billion bid. After it became apparent that investors would vote down an earlier offer of $10.6 billion,...
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...
Politics
China says the Philippines enlisted ‘foreign forces’ to patrol the South China Sea. On Thursday, the southern theater command of China’s military stated that...
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...
Finance
Citigroup asks employees to speak up about inappropriate behavior. Following a managing director’s lawsuit against the business this week, in which she claimed she...
Business
OPEC+ postponed the policy meeting to November 30, and oil fell. After police uncovered financial scams in the real estate industry worth more than...
Politics
No Gaza hostage release before Friday, Israel and the U.S. say. Family members’ expectations that some captives might be liberated on Thursday were dashed...
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...
Economy
The World Health Organization (WHO) has requested information from China over a spike in respiratory ailments and reported clusters of pneumonia in children. The...
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...
Politics
A Japanese political party visits China to bolster frayed ties. The junior coalition partner of Japan’s ruling Liberal Democratic Party (LDP) has dispatched a...
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...
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...
Politics
North Korea, defying international censure from the U.S. and its allies, claimed to have successfully launched its first spy satellite into space on Tuesday...
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...
Politics
At their first intergovernmental summit in seven years on Wednesday in Berlin, German Chancellor Olaf Scholz and Italian Prime Minister Giorgia Meloni are expected...
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...
Politics
Italy says the migrant pact with Albania isn’t comparable to the UK-Rwanda plan. An Italian plan to create migrant camps in Albania cannot be...
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...
Politics
WHO: planning underway to evacuate three Gaza hospitals. On Tuesday, a representative for the World Health Organization stated that three hospitals in the area...
Economy
Housing spending is expected to rise in Canada amid poor growth and heavy debt. In her midyear budget statement on Tuesday, Canada Finance Minister...
Politics
Russia has little reason for a drastic change since its energy revenue is solid, oil prices are higher than its projections, and its budget...
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
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...
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...
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...
Politics
On Monday, the ruling party in Hungary displayed billboards demonizing Ursula Von der Leyen, the president of the European Commission, making her a personal...
Politics
A British-owned and Japanese-operated cargo ship was taken over by Yemen’s Houthis on Sunday, according to Israel, which called the event an “Iranian act...
People
A Ukrainian teen returns to Ukraine after being taken to Russia from occupied Mariupol. A teenage Ukrainian who had been deported to Russia during...
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...
Finance
According to five people with knowledge of the situation, employees at Citigroup (C.N.) anticipate hearing about senior management changes and layoffs on Monday as...
Politics
US Secretary of Defense Austin: the US will ‘stand with Ukraine.’ According to his statement on the social media platform X, United States Secretary...
Technology
Foxconn’s electric car unit depreciates amid a challenging industry outlook. Foxtron Vehicle Technologies (2258. TW), a division of the Taiwanese contract maker Foxconn (2317....
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...
Economy
Morning Bid: Japanese stocks party like it’s 1990. An overview of Monday’s trading in European and international markets This holiday-shortened week has seen a...
Politics
As part of a tour to urge an end to hostilities and to allow humanitarian aid into the devastated Palestinian enclave, a delegation of...
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...
Economy
On Friday, the price of oil increased, a day after falling to a four-month low and 5% to a new low the day before,...
Politics
Awkward allies: Gaza overshadows Erdogan’s Germany visit. They have had contradictory attitudes toward Moscow since the invasion of Ukraine. Still, when Germany and Turkey’s...
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’...
Politics
U.N. humanitarian deliveries to Gaza were delayed again on Friday due to gasoline shortages and a communications blockade. This added to the suffering of...
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
Alibaba’s U-turn on the cloud unit spin-off lops $20 billion off its market value. Alibaba Group’s (9988. H.K.) Hong Kong shares dropped by ten...
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...
Politics
Biden signs stopgap spending bill to avert govt shutdown- White House. According to the White House, Vice President Joe Biden of the United States...
Politics
Russia’s Putin sees political and economic upside to Israel’s war with Hamas. Putin commented three days after Hamas’ deadly Israeli massacre on his 71st...
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%...
Politics
China raises concerns with the US over export controls, sanctions, and tariffs. When he met with U.S. Commerce Secretary Gina Raimondo on Thursday, China’s...
Economy
The EU has reached a deal to stop sending waste to countries that can’t process it. The European Union Parliament announced on Friday that...
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....
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
Blackstone will raise $400 million to boost the credit fund’s lending power. According to a story in the Financial Times on Thursday, Blackstone (BX.N.)...
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...
Politics
On Thursday, the Philippines’ foreign ministry stated that the country is not required to inform China of its resupply missions in the South China...
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...
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...
Politics
The Israeli military has announced that it will be conducting an operation against Hamas militants at Al Shifa Hospital on Wednesday. Despite repeated calls...
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...
Politics
Gina Raimondo, the Secretary of Commerce for the United States of America, stated on Tuesday that a ministerial meeting held on the sidelines of...
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...
Technology
On Wednesday, the German chip manufacturer Infineon (IFXGn.DE) announced revenue for its 2023 fiscal year that was greater than anticipated. The company also stated...
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...
Politics
The President of Ukraine, Volodymyr Zelenskiy, stated that the defense of the damaged eastern city of Avdiivka was essential to Kyiv’s war preparations and...
Politics
On Wednesday, U.S. Vice President Joe Biden will have his first meeting with Chinese President Xi Jinping in over a year. The purpose of...
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...
Politics
Taiwan is working on a one-on-one Biden meeting at the APEC summit. According to a senior Taiwanese official, Taiwan is trying to arrange a...
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....
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...
Finance
Reversing Moody’s judgment from last week to lower its outlook on U.S. debt, U.S. Treasury Secretary Janet Yellen stated on Monday that the country’s...
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...
Politics
Biden says Gaza hospitals ‘must be protected.’ As Israeli tanks moved closer to the gates of the largest hospital in the beleaguered enclave, U.S....
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....
Politics
UK’s Sunak brings back Cameron and sacks the interior minister in the latest reset. On Monday, British Prime Minister Rishi Sunak brought back previous...
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
ANZ (ANZ.AX), Australia’s fourth-largest lender, said on Monday that an increase in demand for its institutional banking services drove its annual earnings to a...
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...
Finance
The rise in prices of copper led to an increase in the value of industrial metal mining stocks, which in turn contributed to a...
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...
Business
According to a story from the Handelsblatt published on Monday, which cited an internal corporate podcast as its source, Volkswagen (VOWG_p.DE) might eliminate administrative...
Finance
On Monday, the value of the United States dollar rose to its highest levels against the Japanese yen in more than a year. This...
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...
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
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...
Politics
Gaza officials say Israeli strikes kill 27 amid U.S. unease at the death toll. As the U.S. expressed new concern over the war’s rising...
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...
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...
Technology
Dubai to showcase demand for jets under the shadow of tensions. Next week, Dubai will host its prestigious aerospace pageant against the backdrop of...
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...
Politics
WHO: North Gaza hospitals are under bombardment. Friday saw shelling on the largest hospital in the Gaza Strip as well as one housing children...
Finance
Cash funds continue to attract inflows, set for a record year. According to statistics provided by EPFR and Bank of America, global investors continued...
Politics
The EU has ‘Plan B’ if Hungary vetoes 50 billion euros in aid for Ukraine. As Kyiv fights to repel Russia’s invasion 21 months...
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...
Economy
China is importing record amounts of oil from Iran as the country increases production in defiance of the possibility of more U.S. sanctions. Current...
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...
Politics
The Philippines denounces China for ‘unprovoked acts of coercion’ to block the resupply mission. To scuttle a resupply operation in the South China Sea,...
Politics
Since the Israeli-Hamas conflict broke out last month, Palestinians in the occupied West Bank have been the subject of increased violence, according to the...
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...
People
Gaza activists on a speaking tour in France were detained, awaiting deportation. After a judge authorized her deportation, Palestinian activist Mariam Abudaqa—who had traveled...
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...
Politics
Russia’s Putin talks about wheat, fertilizer, and logistics in Kazakhstan. During a visit to Kazakhstan on Thursday, Russian President Vladimir Putin advocated for the...
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%...
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...
Politics
The U.S. Senate overruled President Joe Biden’s decision to suspend some “Buy America” requirements for government-funded electric car charging stations by voting 50 to...
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,...
Politics
More questions than answers as Israeli PM Netanyahu seeks security control over Gaza. More than a month into the conflict, Prime Minister Benjamin Netanyahu’s...
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)...
Politics
As North Korea’s military cooperation with Russia grows, U.S. Secretary of State Antony Blinken stated Thursday that he and South Korea’s Foreign Minister Park...
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....
Politics
Turkey says the EU is ‘unjust and biased’ in its membership bid. Following President Recep Tayyip Erdoğan’s description of the Palestinian militant group behind...
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...
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...
Politics
G7 ministers unified in calling for a humanitarian pause on the Gaza conflict, Japan says. Japan’s top diplomat stated that despite Israeli troops continuing...
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...
Technology
Two individuals familiar with the situation who spoke to Reuters said that Amazon (AMZN.O.) is spending millions on training an ambitious large language model...
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...
Finance
Commerzbank Q3 net profit more than triples, beating expectations. In a strategy update on Wednesday, Commerzbank (CBKG.DE), a German bank, reported that net profit...
Politics
Joe Biden, Xi Jinping set to steal APEC spotlight with talks to steady ties. For just the second time in over three years, U.S....
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...
Politics
According to locals, tanks are stationed outside Gaza City in preparation for a possible assault on the city’s central area. Israel said on Tuesday...
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...
Politics
As the foreign ministers of the G7 got ready to undertake virtual discussions with Kyiv during a meeting in Tokyo on Tuesday, Japan stated...
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...
Technology
As part of a protracted salary dispute, around 1,000 employees at an Amazon (AMZN.O.) warehouse in central England went on strike on Tuesday, according...
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...
People
Suzan Beseiso made four unsuccessful efforts before managing to cross into Egypt via Rafah and avoid the Gaza Strip’s shelling. The 31-year-old American Palestinian,...
Politics
In response to international criticism, Israeli Prime Minister Benjamin Netanyahu once again rejected demands for a ceasefire in the Gaza Strip but said his...
Finance
The finance minister of South Korea defended the government’s decision to outlaw short sales of stocks, which was made in advance of the country’s...
Politics
A junior Israeli minister’s remark that appeared to be open to the idea of Israel launching a nuclear attack on Gaza, according to Russia’s...
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...
Finance
The largest bank in Singapore, DBS Group (DBSM.SI), announced on Monday that its third-quarter net profit increased by a better-than-anticipated 18% due to rising...
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...
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...
Politics
In some of the harshest condemnation of Israel by the head of a European Union member state, Irish Prime Minister Leo Varadkar said on...
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...
Politics
China removed its 80.5% tariff on Australian barley. After a time of extremely tense relations, Prime Minister Anthony Albanese will make history on Saturday...
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...
Politics
At a time of increased volatility in relations between the Philippines and China, Japanese Prime Minister Fumio Kishida arrived in the country on Friday...
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...
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...
People
On Thursday, Donald Trump Jr., the president’s son, is scheduled to testify for a second day regarding the family business’s financial records, which a...
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...
Politics
Following an altercation at a campaign dinner, U.S. President Joe Biden called for a “pause” in the fighting between Israel and Palestinian terrorist Hamas...
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
Asia shares and bonds rally as Powell fuels optimism about ending rate hikes. As a noncommittal Federal Reserve chairman caused markets to double down...
Politics
A senior official from the Department of Weapons Control Affairs will head a team to the China-US nuclear talks, the Chinese foreign ministry announced...
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...
Business
The largest steel manufacturer in Japan, Nippon Steel (5401.T), increased its projected net profit for the year to the end of March in response...
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
With over 460 people on board, two Chinese icebreaker research ships and a cargo ship sailed for the Antarctic on Wednesday to complete China’s...
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...
Economy
An alliance of 40 countries vows not to pay ransom to cybercriminals, the US says. According to a senior White House official on Tuesday,...
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...
Finance
Yen slides as BOJ’s piecemeal policy tweak underwhelms. The Bank of Japan (BOJ) took a minor step toward ending years of substantial monetary stimulus....
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...
Politics
Ursula von der Leyen, the president of the EU executive, announced in Skopje on Monday that the EU intends to contribute six billion euros...
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,...
Politics
Ministers from the Australian government stated on Monday that a free trade agreement is now unlikely to be concluded for several years due to...
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...
Technology
The company cited a decline in the market for high-end electric vehicles in North America in lowering the operational profit estimate for Panasonic Holdings’...
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
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
According to a story published in the Spanish newspaper Cinco Dias on Monday, Santander (SAN.MC) of Spain intends to sell hazardous real estate assets...
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,...
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
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...
Economy
September saw improvements in China’s industrial companies continue for a second month, indicating a stabilizing economy as the government implemented a flurry of pro-business...
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...
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%...
Cryptocurrencies
According to SEC Chair Gary Gensler, the U.S. Securities and Exchange Commission (SEC) is reviewing eight to ten submissions of potential bitcoin exchange-traded products....
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...
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 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
Following a string of attacks on the American military in the Middle East, the White House said on Thursday that President Joe Biden had...
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...
Economy
The biggest broadcaster in Mexico, Televisa (TLEVISACPO.MX), reported lower third-quarter revenue on Thursday, which resulted in a net loss for the company’s earnings. Televisa...
Finance
With increased loan interest rates, Capital One Financial (COF.N), a consumer lender, exceeded third-quarter profit projections on Thursday, pushing its shares up more than...
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...
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...
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...
Politics
At the end of this month, a proposal for the European Union’s twelfth set of sanctions against Russia is anticipated, according to diplomatic sources,...
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...
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
The world’s largest apparel retailer, Inditex (ITX.MC), which owns Zara, has agreed to purchase recycled polyester from American start-up Ambercycle, the firms said on...
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...
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
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...
Finance
On Tuesday, the head of the central bank in Australia issued a warning that there was a possibility that inflation may prove more resistant...
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...
Cryptocurrencies
During Tuesday’s trade in Asia, cryptocurrency prices continued their upward trend, with bitcoin reaching a new high that hasn’t been seen in almost 18...
Economy
The dollar fell on Tuesday as traders avoided making wagers in advance of economic data that is anticipated to give hints as to the...
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...
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...
Politics
On Monday, Israel continued to pummel Gaza with airstrikes in preparation for a planned ground invasion into the Palestinian enclave, despite a U.N. warning...
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 owner of Cartier said on Monday that the final regulatory permission was received for Farfetch’s (FTCH.N) purchase of a share in Yoox Net-A-Porter...
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...
Politics
Maria Corina Machado, an industrial engineer, won the Venezuelan opposition’s presidential primary after tallying a sizable majority of the votes with little over a...
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...
Economy
In a week packed with information on U.S. GDP and inflation as well as results from some of the biggest tech firms in the...
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...
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...
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...
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...
Lifestyle
As the actor’s strike approaches its 100th day, Oscar winner George Clooney and other prominent Hollywood figures have proposed paying the SAG-AFTRA actors union...
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...
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...
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
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...
Economy
In response to market anxiety over the Middle East war and the highest weekly increase in 10-year Treasury rates in 18 months, stocks declined...
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...
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...
Economics
After posting third-quarter results that met analysts’ forecasts on Wednesday, semiconductor equipment maker ASML Holding NV (ASML.AS) warned about flat revenues in 2024 as...
Finance
After the Australian wealth management warned of reduced growth prospects for the remainder of the year and a decline in yearly margins as high-interest...
Finance
On Wednesday, Australia’s central bank governor stated that the country’s economy was facing “challenging” conditions due to sluggish consumption and high inflation and that...
Economy
Barratt Developments (BDEV.L), the largest homebuilder in the UK, declined to provide a full-year profit projection on Wednesday, citing a “uncertain” outlook due to...
Economy
After hundreds were murdered in an explosion at a Gaza hospital on Wednesday, tensions in the Middle East increased, raising worries about possible interruptions...
Business
On Tuesday, the blockbuster anti-inflammatory medicine Stelara’s continued popularity helped Johnson & Johnson (JNJ.N) improve its 2023 profit prediction. The company also realized a...
Finance
In the third quarter, Bank of America’s (BAC.N) earnings increased as it followed rivals in increasing its revenue from client interest payments, while investment...
Economy
Official data revealed that the growth in regular pay for British workers, which the Bank of England is constantly monitoring, slowed from a previous...
Business
Following a more than $1 decline on Monday, oil prices stabilized Tuesday as Washington increased efforts to stop an escalation of the conflict between...
Economy
Rolls-Royce (RR.L) said on Tuesday that it will eliminate up to 2,500 positions as its new chief executive works to create a more efficient...
Finance
According to three people who spoke to Reuters, Brookfield (BN.TO), through its unit Brookfield Reinsurance (BNRE.N), is considering joining Britain’s expanding pension insurance market...
Business
According to two sources, Japan’s biggest trading house, Mitsubishi Corp (8058.T) is debating making an offer for Fujitsu’s (6702.T) chip packaging subsidiary Shinko Electric...
Business
After reporting a decline in third-quarter revenue as demand for 5G equipment declined in North America, Ericsson (ERICb.ST) said on Tuesday that it anticipated...
Economy
In response to mounting market concerns about the country’s stressed public finances, authorities stated that Italy’s deficit-increasing 2024 budget, which the cabinet is expected...
Finance
On Monday, when it renewed medium-term policy loans, China’s central bank increased liquidity assistance to the banking sector while maintaining the interest rate out...
Business
As mediated negotiations proceeded on Monday, unions at Chevron’s liquefied natural gas (LNG) plants in Australia repeated their intention to begin strikes, prompting the...
Business
Investors are watching to see if the Israel-Hamas war involves other nations, which might push up prices further and inflict a major blow to...
Business
Casino, a heavily indebted French grocery operator, announced on Monday that it had reached an early agreement to sell Grupo Calleja its investment in...
Business
Rite Aid (RAD.N) announced a new CEO and filed for Chapter 11 bankruptcy Sunday. This action would put an end to lawsuits the drugstore...
Business
A plan by Southeast Asian ride-hailing startup Grab (GRAB.O) to purchase Trans-cab, Singapore’s third-largest taxi operator, has raised worries about competition, according to the...
Economy
This week, the European Union will work to prevent the reimposition of metals tariffs from the Trump administration and to mitigate the harm that...
Economy
On Monday, there was increased concern over the rising bloodshed in Gaza and the possibility that the battle may involve more than just Israel...
Business
As part of a government-backed plan to reorganize the former phone monopoly, U.S. firm KKR (KKR.N) is getting ready to submit a billion euro...
Finance
Banks in the U.K. assess China’s risks after being stung by Russian sanctions. According to a senior financial source who spoke to Reuters, big...
Economy
Oil rises as U.S. sanctions stockpile forecasts raise supply worries. In an already competitive market, the tightening of U.S. sanctions against Russian crude shipments...
Economy
China’s export and import growth with Russia quickens in September. China’s customs statistics indicated on Friday that its exports and imports to Russia increased...
Economy
China’s narrowing trade slump boosts recovery prospects, but challenges persist. The difficulties authorities confront in constructing a long-lasting economic recovery were highlighted by a...
Economy
Stocks in Asia slump on rate jitters. Stronger-than-expected U.S. consumer pricing data boosted the argument for the Federal Reserve to keep rates higher for...
Economy
Ngozi Okonjo-Iweala, the head of the World Trade Organization, expressed her optimism for a speedy resolution to the Israel-Hamas conflict and cautioned that if...
Politics
EU’s Borrell warns China ‘de-risking’ may speed up if imbalances persist. Borrell, the head of foreign policy for the European Union, encouraged China to...
Finance
Dollar drifts near two-week low ahead of U.S. inflation data. The Federal Reserve’s next course of action will be influenced by U.S. inflation figures,...
Economy
Due to a lack of insurance coverage, Norwegian Air (NAS.OL) canceled a scheduled evacuation flight from Tel Aviv to Oslo on Thursday, according to...
Business
China bans new offshore brokerage accounts in capital control move. According to an official document seen by Reuters and corroborated by four sources, China...
Finance
Venezuelan bondholders file a claim with a New York court amid a tolling agreement. Holders of delinquent debt issued by Venezuela and its state...
Business
Ericsson shares volatile after results, $2.9 billion charge. After the Swedish telecom equipment manufacturer overnight disclosed a $2.9 billion impairment relating to its acquisition...
Economy
UAW expands auto strike to Ford’s biggest plant in a surprise move. The United Auto Workers’ four-week targeted strike against the Detroit Three automakers...
Finance
As a sign of support for the city-state, Citigroup Inc. (C.N) said on Thursday that its board of directors will convene in Singapore for...
Economy
The union representing Kia Corp (000270. KS) in South Korea said it would put off its earlier Wednesday scheduled partial walkout to continue its...
Economy
Airline Vueling faces Italy antitrust probe on hand luggage fees. Spanish budget carrier According to the Italian competition regulator (AGCM), Vueling is under antitrust...
Business
LVMH sales growth loses fizz as post-pandemic splurge wanes. A strong wave of post-pandemic spending has slowed down due to rising prices and economic...
Business
Uniqlo owner set for 26% profit surge on China rebound, yen slide. When it releases its financial results on Thursday, the Japanese company that...
Economy
Saudi Arabia-Russia supply cuts disrupt oil and U.S. dollar relations. Oil’s propensity to move in the opposite direction of the U.S. dollar has been...
Finance
Asia stocks hit 2-week high as Fed talk turns dovish. The dollar advanced on Wednesday as traders reduced their expectations for U.S. interest rates...
Economy
The coal industry faces 1 million job losses from the global energy transition. Even without any additional commitments to phase out fossil fuels, the...
Business
Carmakers apply for French EV subsidies under more stringent rules. Automobile manufacturers will start providing French authorities with the technical details of their electric...
Economy
Oil dips on investor caution as market eyes Middle East turmoil. After rising more than 4% the previous day, oil prices fell on Tuesday...
Business
The German asset management KGAL and the Italian energy company Edison (EDNn.MI) have agreed to jointly develop a solar power facility in central Italy...
Economy
Asia shares pick up after Fed rate comments; oil dips. Asian stocks increased on Tuesday as bond rates fell, which was supported by comments...
Business
According to a framework agreement with the German military, Rheinmetall (RHMG.DE) secured another order for artillery ammunition for Ukraine. By the most recent call-off,...
Politics
Spain opposes suspending aid to Palestinian territories. The planned suspension of European Union funding to the Palestinian territories is something that the acting foreign...
Finance
Dollar, yen gain on flight to safety as Hamas attack dents sentiment. On Monday, as unrest in the Middle East worried markets, safe-haven currencies...
Finance
World Bank’s Banga faces pressure on resources shareholder schisms. This week, pressure will be put on World Bank President Ajay Banga to concentrate on...
Business
CNN reported on Friday, citing an organizer, that pharmacy employees at select Walgreens (WBA.O) locations in the United States intend to leave their jobs...
Business
According to the scheme’s website, Saudi Arabia will introduce a greenhouse gas credits program early next year, enabling businesses to offset their emissions by...
Business
The largest vaccine manufacturer in China, Zhifei (300122. SZ), has agreed to pay British pharmaceutical giant GSK (GSK.L) 2.5 billion pounds ($3.05 billion) in...
Economy
The Middle East war increased the price of oil and Treasury bonds, which caused U.S. stock futures to decline on Monday. Meanwhile, the hot...
Finance
Citigroup to sell China consumer wealth business to HSBC. On Monday, Asia-focused HSBC Holdings Plc (HSBA.L) was informed by Citigroup Inc (C.N) that it...
Politics
Ukraine races to make more war drone components at home. To reduce geopolitical risk, Ukrainian companies and governments are making more components domestically to...
Economy
Though pay growth is slowing, September job growth indicated that the labor market is robust enough for the Federal Reserve to hike interest rates...
Business
An Australian billionaire, Gina Rinehart, increased her share in lithium producer Liontown Resources (LTR.AX) once again, giving her the power to thwart Albemarle Corp.’s...
Politics
Britain’s Keir Starmer plots painstaking path to power. When Kiss bassist Gene Simmons visited parliament on June 7, a group of shocked British parliamentarians...
Economy
According to a worldwide message to employees on Wednesday obtained by Reuters, Citigroup (C.N.) officials are evaluating worker rosters to decide by November who...
Business
India’s Tata Group is in talks with Temasek to buy back a stake in Tata Play. According to persons familiar with the situation, Bloomberg...
Business
On Thursday, oil prices dropped more than $1, adding to the previous session’s steep losses as an unreliable demand picture outweighed any positive impact...
Business
Porsche (P911_p.DE) is a German carmaker and investor at UP. Partners have founded Sensigo, a California-based firm that uses artificial intelligence to help mechanics...
Business
After analysts predicted that the sportswear company’s third-quarter profits could fall short of market expectations, Puma shares (PUMG.DE) dropped 7.8% on Thursday. According to...
Finance
Metro Bank plunges on talk of big fundraising to fix finances. Following news that the British lender was looking into possibilities to raise as...
Business
As part of a major push toward renewable energy, Indian oil refining giant Reliance Industries unveiled its interchangeable and multifunctional battery storage technology for...
Economy
Spain doesn’t rule out tariffs on imports of solar products. Teresa Ribera, Spain’s acting energy minister, did not exclude placing taxes on imports of...
Economy
The euro is facing increased headwinds due to rising oil costs harming a faltering economy and fresh worries about Italy’s budgetary situation, increasing the...
Finance
According to sources familiar with the bank’s operations, UBS (UBSG.S) is attempting to draw clients by offering above-market rates on deposits as it looks...
Politics
According to the White House, U.S. President Joe Biden is to declare on Wednesday that his government has authorized an additional $9 billion in...
Economy
After several media outlets complained about arbitrary choices eliminating their material, EU lawmakers on Tuesday approved new regulations aimed at Alphabet’s Google (GOOGL.O), Meta...
Business
According to persons familiar with the situation, BP Plc (BP.L) is considering selling a 49% share in its U.S. oil and gas pipeline network...
Business
On Tuesday, metalworkers at the Sao Jose dos Campos facility of Brazilian aircraft manufacturer Embraer (EMBR3.SA) opted to call off a walkout they had...
Business
After nearly 28 years with the investment bank, Chris Kojima, a senior executive in the asset and wealth management division of Goldman Sachs (GS.N),...
Breaking News
The latest high-profile shooting to rattle the nation in recent years occurred on Tuesday in a posh Bangkok mall, and Thai police have detained...
Economy
As September concluded, global hedge funds rushed to take up bullish positions in banks, insurance firms, and capital markets, according to a client note...
Economy
Canada’s Laurentian Bank (LB.TO), which had previously said it would streamline its organizational structure after failing to find a buyer during a strategic assessment,...
Business
Japan puts the brakes on lucrative used-car trade with Russia. According to trade statistics and market players, Japan’s decision to prohibit most used-car sales...
Business
The government said on Monday that Rolls-Royce (RR.L) and five other companies have advanced through the preliminary round of Britain’s competition to choose small...
Economy
Oil climbs as risk appetite grows, and focus returns to supply outlook. After falling at the end of the previous week, oil prices rose...
Business Expansion
Explore the groundbreaking Neuralink startup by Elon Musk, delving into brain-computer interface technology’s revolutionary potential. KEY TAKEAWAYS Neuralink’s Mission: Neuralink, led by Elon...
Business
On Friday, oil prices were mixed during a volatile trading session due to concerns about the macroeconomy and profit-taking. However, oil prices were expected...
Economy
TSX climbs as GDP data cements hopes of interest rate pause. Even as it prepares to record its worst quarter in more than a...
Economy
Canada’s economy stalled in July as previous rate hikes took hold. The economy of Canada came to a standstill in July and inched up...
Entrepreneurship
Explore the latest controversies surrounding Elon Musk and Tesla. Dive into the controversies that have shaped their journey. KEY TAKEAWAYS Elon Musk’s Twitter...
Economy
Eurozone 2024 fiscal tightening is seen as limited by the slowing economy. The eurozone governments will try to strengthen their public finances by eliminating...
Finance
France targets inflation with the 2024 budget bill. According to Finance Minister Bruno Le Maire, who unveiled the 2024 budget proposal on Wednesday, France’s...
Finance
Britain’s financial watchdog scrutinizes private asset valuations. According to a source with knowledge, Britain’s financial watchdog is debating whether to review unlisted asset values...
Economy
The rise in inflation in Australia for August was in line with predictions, and a measure of core inflation fell even more, which relieved...
Economy
Bankers and attorneys expressed hope for a rebound in Canadian equity capital markets (ECM) issuance following Enbridge’s recent C$4.6 billion capital issue and a...
Economy
ON FRIDAY, the U.S. dollar rose against a basket of currencies as global economic activity figures showed the U.S.’s superiority over other major countries....
Business
New Zealand’s economy increased more than predicted in the second quarter, driven by a services sector pick-up, avoiding a technical recession. This will aid...
Business
New Zealand’s Fonterra Co-Operative Group (FCG.NZ) reported a more than doubled annual profit on strong cheese and protein margins and a bigger final dividend...
Economy
Four Japanese sources stated Japan, Britain, and Italy would base their next-generation fighter program in Britain, putting London at the forefront of a collaboration...
Business
After Beijing established stricter export conditions on Aug. 1, certain Chinese enterprises have secured gallium and germanium export licenses, the commerce ministry said Thursday....
Economy
The Gulf’s major stock markets were unchanged early Wednesday before the Fed’s interest rate decision. Investors are watching a lot of central bank interest...
Economy
China held benchmark lending rates constant at a monthly fixing on Wednesday as economic stabilization and a weaker yuan decreased the need for quick...
Economy
EU says the lack of clarity in China’s data laws is concerning. European Commission Vice President Vera Jourova said Tuesday that China’s data regulations’...
Economy
Managing Director Kristalina Georgieva told Reuters that the IMF and World Bank will decide on Monday whether to hold their annual meetings in October...
Economy
Argentina’s inflation hits 124% as the cost-of-living crisis sharpens. The annual inflation rate in Argentina reached its highest level since 1991 in August, when...
Politics
Biden’s climate act to cut U.S. emissions by 2030 by 35-43% -EPA. A Wednesday government assessment found that the Inflation Reduction Act (IRA) would...
Economy
Miners boost FTSE 100 on China optimism; Vistry jumps. The exporter-heavy FTSE 100 index in the United Kingdom began higher on Monday, lifted by...
Finance
Morning Bid: Tightest financial conditions this year bite. Financial markets journalist Jamie McGeever previews the day ahead in Asian markets. Concerns that last week’s...
Economy
Asian stock markets weaken ahead of U.S. inflation data. Investors looking for clues about the Federal Reserve’s next expected moves on interest rates sent...
Business
Stellantis, the global automotive giant formed through the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, has set its sights on becoming a...
Economy
The finance ministry said on Friday that while the decline in Taiwan’s exports in August was less severe than anticipated, they may resume growing...
Economy
Asian stocks slip as China data continues to disappoint. In a dynamic and ever-changing global financial landscape, key market developments on August 16, 2023,...
Business
After U.S. inflation slows, the dollar falls for two months. European shares have experienced gains as investors anticipate the release of crucial U.S. inflation...
Economy
Gold falters as traders anticipate US inflation data. The price of gold remains steady as investors worldwide eagerly await the release of key US...
Economy
Shareholders of Thames Water, one of the largest water utility companies in the UK, have committed to providing an additional £960 million in funding....
Economy
Mexican inflation continued its downward trend in June, reflecting positive developments in the country’s economy. The decline in inflation rates signifies improved price stability...
Business
VW prepared for China metal curbs and chipmakers downplay fallout. Volkswagen, the renowned automotive manufacturer, has expressed its readiness to handle China’s metal curbs...
Business
Nikola (NKLA.O), struggling with cash and competition, reported higher wholesale and retail sales of its electric vehicles in the second quarter on Wednesday. Retail...
Business
After Goldman Sachs downgraded top lenders, including the Agricultural Bank of China (AgBank), Hong Kong-listed Chinese banking shares fell on Wednesday. The Hang Seng...
Business
The UK’s FTSE 100 was flat on Tuesday as miners fell amid a weak Chinese demand outlook, but healthcare stocks rose after the previous...
Economy
View Inc (VIEW.O) and a former CFO were cited by the SEC on Monday for understating the cost of fixing defective “smart” windows, resulting...
Business
On Monday, the World Bank and WTO presidents urged countries to make global services trade more open and predictable to eliminate poverty in developing...
Business
On Monday, Saudi Arabia extended its voluntary oil output cut of one million barrels per day (bpd) until August, raising oil prices. “The kingdom’s...