News

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Thu, 25 Aug 2022 08:30:06 GMT

Rehn comments on digital Euro

ECB policymaker Olli Rehn has stated this week that the central bank has already found benefits to a potential implementation of a digital Euro.

Thu, 25 Aug 2022 06:30:06 GMT

Keppel buys trash collector

Keppel has announced that the company would acquire a 80% stake in the Singapore trash collector 800 Super Holdings in a deal valued at $273 million.

Wed, 24 Aug 2022 14:30:08 GMT

Ryanair expects more passengers

The airline has announced that it expects a larger passenger turnover due to an increased capacity in the United Kingdom.

Wed, 24 Aug 2022 14:11:44 GMT

Peloton stock price jumps nearly 20.00%

The stock price of exercise bike and fitness accessory company Peloton Interactive stock price surged nearly 20.00% from 11.21 up to 13.43 during the early hours of Wednesday's trading.

Wed, 24 Aug 2022 12:30:05 GMT

Macy's cuts forecast

The retail company has announced that it is decreasing its 2022 sales and profit expectations, as inflation has reduced customer spending.

Wed, 24 Aug 2022 08:30:07 GMT

Euro Zone activity declines

Markit Purchasing Managers Indices for Euro Zone countries have revealed that business activity in Europe had declined for a second month in a row.

Wed, 24 Aug 2022 06:30:08 GMT

Volkswagen acquires mines

Handelsblatt has revealed that VW intends to acquire stakes in Canadian mining companies to secure its metal supply for car batteries.

Tue, 23 Aug 2022 14:30:06 GMT

Adidas CEO resigns

Adidas has announced that its current CEO Kasper Rorsted is set to leave his position in 2023, which is before the end of his contract term.

Tue, 23 Aug 2022 13:44:47 GMT

Zoom stock price crashes

The stock price of Zoom Video Communications started the day with an opening 13.20% below the previous market closing price. Namely, a drop from $97.49 down to $84.62 occurred.

Tue, 23 Aug 2022 12:30:07 GMT

Toyota expands in India

Toyota has revealed that it would use a new strategy in India to sell more hybrid cars. In general, the company intends to change its pricing.

Tue, 23 Aug 2022 11:59:38 GMT

Indian central bank comments on inflation

The Governor of the Reserve Bank of India Shaktikanta Das has stated that inflation in India had peaked and should remain moderate.

Tue, 23 Aug 2022 10:30:06 GMT

Banks expect major fines

The US Securities and Exchange Commission is set to fine JPMorgan & Chase and the Bank of America up to $1 billion for using unapproved email services and WhatsApp.

Tue, 23 Aug 2022 08:30:07 GMT

Carrefour freezes prices

This week, Carrefour announced that the major retailer would freeze prices for 100 of its products. The company stated that it would fight inflation.

Tue, 23 Aug 2022 06:30:07 GMT

Cineworld faces bankruptcy

The world's second largest cinema operator Cineworld has announced that the company faces a possible bankruptcy due to pandemic debt.

Mon, 22 Aug 2022 12:30:06 GMT

Mizuho Securities expands in US

The CEO of Mizuho Securities Yoshiro Hamamoto has revealed to Reuters that the company could expand in the United States by making acquisitions.

Mon, 22 Aug 2022 11:55:22 GMT

US stocks plummet prior to opening

The US stock indices were plummeting on Monday to due to a strong Dollar. By 12:00 GMT, major indices had lost more than 1.00%.

Mon, 22 Aug 2022 06:30:07 GMT

German investor morale declines

As the German economy had stagnated in the second quarter of 2022, the ZEW German investor sentiment index had declined in August to -55.3.

Fri, 19 Aug 2022 12:30:07 GMT

Tencent divests Meituan stake

Reuters has revealed that Tencent intends to sell off its $24 billion share of ownership of the food delivery company Meituan.

Fri, 19 Aug 2022 09:30:07 GMT

Volkswagen and Mahindra increase cooperation

Mahindra and Volkswagen have announced that VW would supply the Indian company with electric components.

Fri, 19 Aug 2022 06:30:06 GMT

Europe faces larger energy bills

As wholesale gas prices have increased 350% on a year on year basis, natural gas prices for consumers in the European Union are expected to follow.

Thu, 18 Aug 2022 14:00:07 GMT

Japan fights inflation

Reuters has revealed that the Japanese government would develop a new stimulus package, which would be aimed at easing the blow from increasing costs of living.

Thu, 18 Aug 2022 12:30:07 GMT

Saudi Prince invests in Russia

Regulatory filings have revealed that Prince Alwaleed Bin Talal of Saudi Arabia has made investments of more than $500 million in Russian energy companies.

Wed, 17 Aug 2022 13:30:06 GMT

Sonova Holding is dropping over 14%

Global leader in innovative hearing care solutions Sonova Holding has lost 14.00% of its stock value after releasing quarterly financial results. The drops has occurred due to changed market conditions and rising expenses.

Wed, 17 Aug 2022 09:30:06 GMT

Euro Zone sinks into trade deficit

High costs of energy commodities, which make up a major part of European imports, have resulted in the Euro Zone experiencing a trade deficit in June.

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