News

Note: This section contains information in English only.
Mon, 04 Mar 2024 13:30:03 GMT

Fitch downgrades NY Community Bancorp

The US rating agency Fitch has downgraded the New York Community Bank to BB+ rating, as the bank experiences weakness.

Mon, 04 Mar 2024 11:15:29 GMT

Bitcoin reaches 65,000.00

The price for Bitcoin has extended its recovery, as on Monday morning the digital currency reached above the 65,000.00 mark.

Mon, 04 Mar 2024 09:30:04 GMT

Dell experiences growth

The stock price of Dell has surged by more than 20% due to the company reporting higher than expected 2023 financial results and future demand expectations.

Mon, 04 Mar 2024 07:30:05 GMT

ADM reveals weakness

Archer Daniels Midland has revealed that the company is set to publish an issue with material weakness in the company's internal control of financial reporting.

Mon, 04 Mar 2024 05:30:03 GMT

Factories look for growth

In February, producers around the world have encountered struggles to grow their output, as a demand in China has affected the whole world.

Mon, 04 Mar 2024 03:30:04 GMT

NYCB stock declines

The share prices of the New York Community Bancorp have plummeted due to bad loan review results.

Fri, 01 Mar 2024 21:30:04 GMT

Thailand bans cannabis

The government of Thailand has announced that it would ban recreational cannabis by the end of the year. The decision is set to end the existence of a $1.2 billion cannabis shop industry.

Fri, 01 Mar 2024 19:30:03 GMT

Brazil's economy up 2.9% in 2023 but stagnates in Q4

In 2023, the Gross Domestic Product of Brazil has increased by 2.9%. However, the economy appears to have stagnated in the last quarter of the year.

Fri, 01 Mar 2024 17:30:03 GMT

Ryanair reduces forecasts

The UK airline Ryanair has reduced its passenger forecast for 2024 from 205 million down to 200 million.

Fri, 01 Mar 2024 15:30:04 GMT

Tesla fights for Chinese market

As the electric vehicle price war escalates, Tesla has announced a new pack of buyer incentives in China. Among the incentives are insurance subsidies, discounts on change of paint.

Fri, 01 Mar 2024 13:30:04 GMT

Bank of America reveals investor preferences

The Bank of America has revealed that most investors have been allocating their fund sto the top 7 tech stocks and cryptocurrencies.

Fri, 01 Mar 2024 11:30:03 GMT

Disney's relatives back CEO

The grandchildren of Walt Disney have expressed their support to the CEO of Disney Bob Iger. Moreover, the relatives have slammed activist investors, who have pushed the recent failed products

Fri, 01 Mar 2024 09:30:28 GMT

Chinese factory activity declines

For a fifth consecutive month, the Chinese factories have experienced a decline in activity, despite government stimulus measures.

Thu, 29 Feb 2024 21:00:04 GMT

Germany proposes new tech payments

The German government has proposed that the big tech companies pay for the implementation of new compliance laws that have to be introduced due to reduce the power of big tech.

Thu, 29 Feb 2024 15:00:08 GMT

Economists expect ECB rate cut

Reuters has published the results of a poll, which reveals that two thirds of surveyed economists expect the European Central Bank to cut interest rates in June.

Thu, 29 Feb 2024 11:51:22 GMT

USA investigates Chrysler vehicles

The United States authorities have stared an investigation into the failure of back up cameras of 220,000 Chrysler cars.

Wed, 28 Feb 2024 06:30:04 GMT

NVidia becomes most traded stock

The shares of the chipmaker NVidia have overtaken the stock of Tesla as the most traded. The event has occurred due to both a decline TSLA trading activity and a surge of NVDA buying

Wed, 28 Feb 2024 03:30:04 GMT

Bitcoin reaches above $1 trillion

As the price for Bitcoin has surged 22% during this year up to $52,005.00, the cryptocurrency has returned back above the $1 trillion market capitalization level. The benchmark was lost in late 2021.

Tue, 27 Feb 2024 21:30:03 GMT

Investors increase activity in uranium

Reuters has reported that various investment banks have increased their activity in the uranium trading sector, as investment in physical uranium has spiked 26% in 2023.

Tue, 27 Feb 2024 18:30:04 GMT

Microsoft expands AI infrastructure

The tech giant Microsoft has continued to expand its AI infrastructure with a $2.1 billion investment in Spain.

Tue, 27 Feb 2024 15:30:04 GMT

CenterPoint sells assets

The US energy company CenterPoint Energy has announced the sale of its Mississippi and Louisiana gas assets to Bernhard Capital Partners for $1.2 billion.

Tue, 27 Feb 2024 12:30:06 GMT

Neuralink achieves milestone

Elon Musk has announced that the first human implanted with the Neuralink chip has recovered and managed to control a PC mouse by thinking.

Tue, 27 Feb 2024 09:30:04 GMT

China boosts real estate market

The recent reduction of the Chinese mortgage reference rate has been credited with boosting demand for real estate. Last week, the government did the largest cut since 2019.

Tue, 27 Feb 2024 06:30:04 GMT

Capital One bids for Discover Financial

The US consumer lender Capital One has started talks to acquire the credit card company Discover Financial Services.

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