News

Fri, 07 Feb 2025 18:30:03 GMT

Nokia and AT&T signs multi year agreement

AT&T and Nokia signed a multi-year deal to upgrade AT&T's voice and 5G network in the U.S., a year after Nokia lost a major contract to Ericsson.

Fri, 07 Feb 2025 15:30:05 GMT

Novo Nordisk under scrutiny

Novo Nordisk faces investor pressure for more details on its next-gen obesity drug CagriSema, after unclear trial results caused a drop in its shares in December.

Fri, 07 Feb 2025 12:30:03 GMT

Germany lowers growth forecasts

Germany lowered its 2025 growth forecast to 0.3%, down from 1.1%, citing uncertainty from U.S. trade policy and ongoing global economic challenges.

Fri, 07 Feb 2025 09:30:03 GMT

Chiles economy expands

Chile's economy grew 0.9% in December, driven by lower interest rates and strong copper production. However, weak job growth and trade uncertainty remain challenges.

Fri, 07 Feb 2025 06:30:03 GMT

ECB may change its stance on monetary policy

The ECB may stop calling its policy "restrictive" in March, with a likely quarter-point rate cut. Officials are considering when to pause further rate cuts.

Fri, 07 Feb 2025 03:30:03 GMT

Apple tests Starlink services

Apple iPhones can now test SpaceX's Starlink direct-to-cell service, providing satellite coverage. T-Mobile and SpaceX are testing the service, offering "text via satellite," with voice and data to follow.

Thu, 06 Feb 2025 21:30:03 GMT

Tariffs spark fears of reccesion

Trump's threatened tariffs on Mexico and Canada have put border economies at risk, with factories fearing job losses and investors pulling back amid ongoing uncertainty.

Thu, 06 Feb 2025 18:30:04 GMT

Treasury yields over Fed rates

Treasury Secretary Bessent said the Trump administration focuses on lowering 10-year Treasury yields, not Fed rates, believing energy expansion will reduce inflation.

Thu, 06 Feb 2025 15:35:04 GMT

China's ethane imports from the U.S

Despite trade tensions, China's ethane imports from the U.S. are set to rise as petrochemical firms switch to cheaper U.S. shale gas, with $16B in investments.

Thu, 06 Feb 2025 15:30:04 GMT

China files a complaint against tarrifs

China filed a WTO complaint against Trump's 10% tariff on Chinese imports and the end of the duty-free exemption, calling them "protectionist" and a rule violation.

Thu, 06 Feb 2025 12:35:04 GMT

Google ends diversity tragets

Google is scrapping its goal to hire more employees from underrepresented groups and reviewing its diversity initiatives, joining other U.S. companies scaling back DEI efforts.

Thu, 06 Feb 2025 12:30:03 GMT

TotalEnergies report higher earrnings

TotalEnergies Q4 earnings beat expectations with $4.4B adjusted net income, despite lower oil prices and weak fuel demand, boosted by strong gas trading profits.

Thu, 06 Feb 2025 09:30:12 GMT

Boeing to increase the airline fleet

Boeing forecasts Indian and South Asian airlines will add 2,835 aircraft over the next 20 years, driven by rising middle class and economic growth.

Thu, 06 Feb 2025 06:30:04 GMT

Disney beat expectations

Disney beat Q1 earnings, with streaming profits despite 700K Disney+ subscriber loss due to price hikes. Parks struggled amid hurricanes and cruise investments.

Thu, 06 Feb 2025 03:30:03 GMT

Market mixed feelings regarding AMD

AMD beat Q4 earnings expectations but stock fell 9% due to weaker growth forecast for its data center business, missing AI chip momentum against Nvidia.

Wed, 05 Feb 2025 21:30:03 GMT

Alphabet's cloud revenue falls

Alphabet's Q4 earnings beat expectations, but cloud revenue fell short. It plans to increase capital expenditures to $75B. China is investigating Google amid U.S.-China tensions.

Wed, 05 Feb 2025 18:30:04 GMT

Insurers demand higher rates on insurers

State Farm is requesting a 22% rate hike for homeowners and 15% for renters in California due to wildfire payouts, with new rates starting May 1.

Wed, 05 Feb 2025 15:30:04 GMT

India's central bank injects liquidity

India's banking system's cash crunch has eased after the central bank injected liquidity. The deficit dropped to 660.4 billion rupees on Feb. 4, from 2.2 trillion rupees on Jan. 30.

Wed, 05 Feb 2025 12:30:03 GMT

Nissan to cancel merger process with Honda

Nissan canceled merger talks with Honda, ending plans for a tie-up. Nissan's shares fell over 4%, while Honda's rose 8%, signaling investor relief.

Wed, 05 Feb 2025 09:30:02 GMT

Ferrari's profit rise

Ferrari's 2024 net profit rose 21% to €1.53B, driven by strong product mix and growing demand for customizations. Revenues hit €6.7B, with a 5% rise expected in 2025.

Wed, 05 Feb 2025 06:30:03 GMT

PepsiCo's misses forecast

PepsiCo's Q4 profit forecast falls short, missing revenue estimates as demand weakens for sodas and snacks like Doritos and Lay's in the U.S.

Wed, 05 Feb 2025 03:35:04 GMT

UK alcohol duties to increase

UK alcohol duties rise with inflation from 1 Feb, increasing costs for spirits and wine.

Wed, 05 Feb 2025 03:30:03 GMT

Elon Musk determined as government employee

Elon Musk is serving as a "special government employee" in the Trump administration, a temporary role with fewer conflict-of-interest requirements than full-time positions.

Tue, 04 Feb 2025 21:30:03 GMT

Vodafone lacks performance

Vodafone reported weak performance in Germany in Q3, while Britain, Turkey, and Africa performed better. Shares fell over 6%, erasing gains made in the last year.

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