News

Note: This section contains information in English only.
Tue, 23 Apr 2024 15:30:04 GMT

Bristol Myers signs major contract

The US firm Bristol Myers Squibb has signed a $380 million contract with Cellares for the production of CAR-T cell therapies.

Tue, 23 Apr 2024 13:40:04 GMT

RTX increases profits

Due to high military demand the defence and aerospace firm RTX has experienced a 20.00% surge in its quarterly profits.

Tue, 23 Apr 2024 12:30:04 GMT

Express files for bankruptcy

US fashion retailer Express has filed for bankruptcy in the United States and the firm would close down more than 100 stores.

Tue, 23 Apr 2024 09:30:04 GMT

Tesla decreases software prices

The EV maker Tesla has reduced the price for the Full Self-Driving software by a third. The software now costs $8,000.00.

Tue, 23 Apr 2024 09:27:29 GMT

Eurozone PMIs cause Euro surge

The European Union country Purchasing Managers Indices were released from 07:15 GMT up to 08:00 GMT. The event caused a surge of the Euro, as the service sector revealed shown growth instead of a decline.

Tue, 23 Apr 2024 06:30:04 GMT

UK home prices reach record high

The real estate firm Rightmove has revealed that home prices in the United Kingdom have reached a new record high level.

Tue, 23 Apr 2024 03:30:04 GMT

Tesla cuts prices

The US electric vehicle maker Tesla has announced that it would reduce car prices in China, Germany and other countries. These news were identified as the cause of an extension of the ongoing stock price decline.

Mon, 22 Apr 2024 21:30:03 GMT

Micron receives subsidies

Reuters has reported that Micron is set to receive $6.1 billion in grants from the US government.

Mon, 22 Apr 2024 18:30:04 GMT

Alaska Air expects profits

The Alaska Air Group has revealed that it expects bigger than forecast earnings in the current quarter due to an unforeseen increase in demand for travel.

Mon, 22 Apr 2024 15:30:05 GMT

Williams comments on Fed rate

President of the New York Federal Reserve John Williams has commented that the US monetary regulators see no need to cut interest rates, as the US economy remains strong.

Mon, 22 Apr 2024 12:30:03 GMT

ECB Vice President reaffirms rate cuts

The Vice President of the European Central Bank Luis de Guindos recently stated that the ECB would cut interest rates in June, despite rising oil prices, weaker Euro and a delay in US rate cuts.

Mon, 22 Apr 2024 09:30:03 GMT

Bank of Japan's Noguchi comments on rates

Board member of the Bank of Japan Asahi Noguchi has stated last week that the Japanese central bank would hike interest much slower than it was done by other central banks around the world.

Mon, 22 Apr 2024 06:30:05 GMT

German apartment construction declines

The number of new permits for the construction of apartment buildings in Germany has declined by 18.3% in February. The data confirms that the slump in the German real estate market continues.

Mon, 22 Apr 2024 03:30:05 GMT

EasyJet comments on future

The United Kingdom airline EasyJet has announced that it expects summer sales to show major growth momentum. This revelation has fuelled a surge of the company's stock price.

Fri, 19 Apr 2024 21:30:03 GMT

Abbot posts strong results

Abbot Laboratories has beat market expectations for quarterly financial results. The company's stock has surged due to the announcement.

Fri, 19 Apr 2024 18:30:03 GMT

White House comments on tariffs

The United States administration's economic adviser Jared Bernstein has stated that increasing tariffs on Chinese metal goods would not increase inflation.

Fri, 19 Apr 2024 15:30:04 GMT

SEC investigates policies

Reuters has revealed that the United States Securities is investigating whether investment firms are complying with policies that are aimed at decreasing insider trading.

Fri, 19 Apr 2024 13:00:40 GMT

Netflix stock declines due to reporting

The stock price of Netflix is set to start Friday's US trading with a gap down of 6.34% or a price decline of $38.71. In general, the drop has occurred due to the company announcing that it will no longer provide subscriber statistics.

Fri, 19 Apr 2024 12:30:04 GMT

Ford recalls vehicles

The United States regulators have revealed that Ford would recall 456,565 trucks and SUVs due to a battery issue.

Fri, 19 Apr 2024 10:30:03 GMT

Crypto markets experience BTC halving

The long awaited Bitcoin halving day has arrived. Market participants were expecting the day, as the technical event cuts the creation for BTC and boosts its price.

Fri, 19 Apr 2024 09:30:04 GMT

American farmers face difficulties

Due to a grain oversupply, US wheat farmers are expected to not make a profit in 2024. Grain prices have been hovering near four year low levels.

Fri, 19 Apr 2024 09:00:59 GMT

Stocks decline due to overnight attack

On Friday, stock indices in Asia and Europe dropped, as the markets went into risk off mode due to the Israeli attack on Iran. However, follow up reports indicate that the attack was limited and no damage was sustained. The reports started a recovery of the equity markets.

Fri, 19 Apr 2024 06:30:04 GMT

US upgrades Honda investigation

The United States National Highway Traffic Safety Administration has announced that it is increasing resources that are spent on investigating reports that nearly 3 million Honda vehicles could suddenly trigger automatic breaking.

Fri, 19 Apr 2024 03:30:11 GMT

Markets watch Netflix subscriber statistics

As Netflix is easing its password-sharing crackdown, markets are set to watch the firm's subscriber number change. The subscriber number is used as a measure of upcoming earnings.

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