News

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Mon, 09 Dec 2024 18:30:03 GMT

UBS CEO comments on Market risks

The CEO of UBS cautions that tariffs and political issues could affect the markets in the future.

Mon, 09 Dec 2024 15:30:03 GMT

China ensists on fiscal stimulus

China's leaders promised to take stronger fiscal actions and loosen monetary policy next year to boost domestic spending, according to an official summary.

Mon, 09 Dec 2024 13:45:03 GMT

China probes Nvidia for monopoly

China announced on Monday that it has launched an investigation into Nvidia Corp over suspected violations of its anti-monopoly law.

Mon, 09 Dec 2024 12:30:04 GMT

El Salvador's president report profits on X

El Salvador's unrealized Bitcoin gains exceeded $300 million as BTC surpassed the $100,000 milestone price, according to the president.

Mon, 09 Dec 2024 09:30:03 GMT

Oil prices rise due to Middle East tensions

Oil prices rose on Monday due to increased uncertainty in the Middle East following the fall of Syrian President Bashar al-Assad's regime, though gains were limited by a weak demand outlook for the upcoming year.

Fri, 06 Dec 2024 21:30:03 GMT

Lululemon Athletica deliver on the quarter

Lululemon's third-quarter results beat expectations, boosting shares by over 8%, but North American sales declined amid growing competition heading into the holiday season.

Fri, 06 Dec 2024 18:30:03 GMT

Judge rejects Boeing's plea deal

A U.S. judge rejected Boeing's plea deal over fraud related to two fatal 737 MAX crashes, and the DOJ is considering whether to appeal or renegotiate the deal.

Fri, 06 Dec 2024 15:30:03 GMT

Banks CEO takes a pay cut

Nomura's CEO, has agreed to a 30% pay cut for three months after a former employee was charged with robbery, attempted murder, and arson against clients in July.

Fri, 06 Dec 2024 12:30:04 GMT

Airbus set to cut jobs

Airbus plans to cut 477 jobs in the UK as it scales back its space operations, with 5% of its global workforce set to be eliminated by mid-2026.

Fri, 06 Dec 2024 09:30:03 GMT

Investment banks are waiting for Donald Trump's return.

President-elect Donald Trump's return to the White House is expected to boost global investment banking income by 5.7% to $316 billion in 2025.

Fri, 06 Dec 2024 06:30:04 GMT

UK regulators approve Merge and Acquisition of two mobile service companies

UK regulators have approved the $19 billion merger of Vodafone and Three mobile.

Thu, 05 Dec 2024 21:30:03 GMT

OPEC+ pause on production increase

OPEC+ has postponed plans to unwind both formal and voluntary crude production cuts into 2026 due to weak global demand, according to delegate sources and internal documents.

Thu, 05 Dec 2024 18:30:03 GMT

Mt. Gox Bitcoin is on the move

After Bitcoin reached $100,000, the crypto exchange Mt. Gox, which went bankrupt, moved over 24,000 Bitcoins from their address to a cold wallet.

Thu, 05 Dec 2024 15:30:04 GMT

Donald Trump chooses new SEC Commissioner

Donald Trump said he has chosen former Securities and Exchange Commissioner Paul Atkins, a strong supporter of cryptocurrencies, to lead the agency.

Thu, 05 Dec 2024 12:30:04 GMT

GM struggles in China

General Motors has announced it will take a $5 billion restructuring charge in the fourth quarter due to the weak performance of its business operations in China.

Thu, 05 Dec 2024 09:30:03 GMT

Bitcoin passes $100,000

Bitcoin has surged past $100,000 as excitement grows over bets that a Donald Trump presidency will have a significant positive impact on the cryptocurrency market in the near term.

Thu, 05 Dec 2024 03:30:03 GMT

Developing Countries paid more than trillion to service debt

According to World Bank, Developing countries spent $1.4 trillion to service their debt in 2023.

Wed, 04 Dec 2024 21:30:04 GMT

TotalEnergies buy VSB Group

Oil producer TotalEnergies has agreed to buy renewable developer VSB Group for $1.65 billion.

Wed, 04 Dec 2024 18:30:05 GMT

Coca-Cola reduces recycling goals

Coca-Cola has revised its environmental goals, reducing its recycled material target from 50% by 2030 to 35%-40% by 2035.

Wed, 04 Dec 2024 15:35:04 GMT

Employees at OpenAI can sell their stock

Employees of OpenAI, software company that owns of Chat GPT, may be eligible to sell their stock of the company.

Wed, 04 Dec 2024 15:30:02 GMT

Bank of England Governor provides guidance for next year

BoE Governor Andrew Bailey provided information indicating that the market should expect rate cuts in 2025 for the national currency.

Wed, 04 Dec 2024 12:30:09 GMT

South Korea declares martial law

South Korean President Yoon Suk Yeol declared martial law on Tuesday, and canceling it hours later. Impeachment highly probable.

Wed, 04 Dec 2024 09:30:03 GMT

Crypto ownership in the UK rises

According to findings from the Financial Conduct Authority, 12% of adults in the UK currently hold Bitcoin and other cryptocurrencies.

Wed, 04 Dec 2024 06:30:03 GMT

The French PM approves the 2025 budget on his own

French Prime Minister Michel Barnier has used Article 49.3 to pass the 2025 budget without needing approval from Parliament.

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