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The pharmacy giant Pfizer has reduced its stock holdings in the toothpaste Sensodyne maker Haleon from 32% to 24%. These news caused a decline of Haleon's share price.
Bloomberg has revealed to the world that Apple and Google are negotiating a deal that would benefit Google. Namely, Apple intends to use Google's Gemini to power iPhone AI features.
Recent comments made by Bank of England policy makers have hinted that on Thursday the central bank is set to keep the Pound's base interest rate unchanged. Policymakers are looking for more confirmation that inflation has slowed down.
After the US legislators voted to force ByteDance to sell TikTok or be banned, advertisers have expressed views that they would move to other platforms for advertising in the United States.
Reuters has reported that Japanese banks have been training staff for a potential Bank of Japan rate hike.
Various analysts surveyed by Reuters have come to a consensus that the Bank of Japan would end its negative rate policy in April. However, some expect policy tightening already on Tuesday.
The stock price of Tesla has surged by almost 7.00% during Monday's early trading hours. Markets have reacted to the news of upcoming Model Y price increase in various countries. Tesla has announced that starting from March 22 it would increase Model Y prices in several European countries by around 2,000 Euros.
The stock price of Tesla has surged by almost 7.00% during Monday's early trading hours. Markets have reacted to the news of upcoming Model Y price increase in various countries. Tesla has announced that starting from March 22 it would increase Model Y prices in several European countries by around 2,000 Euros.
Reuters has reports that the initial public offering of Reddit has been oversubscribed by potential buyers by five times more than the company intended to attract.
Bloomberg has revealed to the world that Apple and Google are negotiating a deal that would benefit Google. Namely, Apple intends to use Google's Gemini to power iPhone AI features. The news have caused a massive surge of the price of Google due to the realization that Google is set to have a new large user base for its
Swisscom have acquired Vodafone Italia for a total of 8 billion Euros. The acquired firm is set to be merged with Swisscom's Italian daughter company Fastweb.
The largest German real estate corporation has revealed staggering losses. The firm has lost 6.76 billion EUR in 2023, compared to 669 million EUR in 2022.
A union of top Japanese firms have decided to increase wages by an average of 5.28% in 2024. The increase is set to boost inflation and pressure the Bank of Japan to tighten monetary policy.
The Japanese automakers Nissan and Honda have agreed to cooperate in the production of key parts of electric vehicles. In addition, the companies would work together on AI in auto software platforms.
Despite government measures to support the real estate market, in February Chinese new home prices extended their decline. Prices have been declining for eight months straight.
Reuters has reported that Chinese wheat buyers have been postponing or cancelling their orders from Australia due to a global surplus of the commodity.
US Commerce Department has reported that the US firm inventories have remained unchanged in January as stocks increases have been offset by a decline at the wholesalers and manufacturing levels.
European Union antitrust regulators have allowed Cisco to acquire the cybersecurity company Splunk for a total of $28 billion.
The largest German real estate renting corporation Vonovia has revealed staggering losses. The firm has lost 6.76 billion EUR in 2023, compared to 669 million EUR in 2022. In addition, the company has written down 10.7 billion EUR in real estate value. The stock price of the company reacted to the news by plummeting 8.26%.
In an effort to boosts its rare-disease drug portfolio, AstraZeneca intends to acquire Amolyt Pharma for a total of $1.05 billion.
The Organization for Economic Cooperation and Development has commented that the UBS rescue of Credit Suisse has created risks and challenges for the Swiss economy.
CNBC has reported that the former Treasury Secretary Steven Mnuchin has been gathering a group of investors that would acquire TikTok.
The German automaker has revealed plans to launch a new entry-level EV in 2027. Volkswagen engineers have reportedly been working on new proposed models.
Despite a lack of alternative jet suppliers, Airlines around the globe have been negotiating new Boeing plane orders and asking for concessions from the aircraft maker.