News

Note: This section contains information in English only.
Wed, 13 Nov 2024 21:30:04 GMT

Pfizer explores sale of a unit

Reuters has revealed that the big pharma firm Pfizer has been evaluating the sale of the company's hospital drug unit.

Wed, 13 Nov 2024 19:31:44 GMT

Inflation rises in USA

The US Dollar strengthened on Wednesday due to the US Consumer Price Index increasing from 2.4% up to 2.6% on an annual basis. This dataset indicates that the US Federal Reserve might have cut interest rates by too much and too early.

Wed, 13 Nov 2024 18:40:04 GMT

US wants to block Amedisys purchase

The United States Justice Department has filed lawsuits that would stop the planned acquisition of Amedisys by UnitedHealth Group.

Wed, 13 Nov 2024 15:30:04 GMT

Waller comments on private sector

A Governor of the US Federal Reserve Christopher Waller has stated this week that in his opinion the private sector should develop new payment innovations.

Wed, 13 Nov 2024 12:30:03 GMT

ValueAct buys stake in Meta

ValueAct Capital Management have built up a $1 billion share stake in Meta Platforms and has become the second-largest stockholder of the company.

Wed, 13 Nov 2024 09:30:04 GMT

Wall Street bonuses increase

For the first time since 2021, bonuses of Wall Street executives are expected to increase, as indicated by Johnson Associates.

Wed, 13 Nov 2024 06:30:03 GMT

BTC reaches 90,000.00

The world's top cryptocurrency continues its surge, as new all-time highs continue to be reached in the aftermath of the US elections.

Wed, 13 Nov 2024 03:30:03 GMT

Boeing strikes damage deliveries

The recently ended Boeing worker strike has decreased the firm's jet deliveries to just 14 aeroplanes.

Tue, 12 Nov 2024 18:30:03 GMT

Investors move assets to India

Investment firms have been eyeing the Indian stock market as an alternative to investment in China, as the Chinese market might suffer due to Trump's policies.

Tue, 12 Nov 2024 15:30:10 GMT

KitKat makes deal with Formula 1

Nestle has signed a KitKat brand sponsorship agreement with Formula 1, as the incoming CEO is changing the way the firm promotes its products.

Tue, 12 Nov 2024 12:30:03 GMT

Lula addresses Congress

The President of Brazil Luiz Inacio Lula da Silva has asked the country's Congress to reduce spending.

Tue, 12 Nov 2024 09:30:04 GMT

India summons executives

As regulatory pressure has been growing, Indian authorities have summoned representatives of Flipkart and Amazon as part of an investment lawbreaking investigation.

Tue, 12 Nov 2024 06:30:04 GMT

US retailers reduce imports

Reuters has published a report that indicates that Walmart and other US retailer have reduced holiday imports, as the firms forecast mediocre sales.

Tue, 12 Nov 2024 03:30:03 GMT

SoftBank comments on IPOs

The Japanese banking giant SoftBank Group has revealed that it expects its quarterly profits to reach $1.87 billion due to conducting successful initial public offerings.

Mon, 11 Nov 2024 21:30:03 GMT

TSLA extends rally

On Monday, the stock price of Tesla continued the major rally that started in the aftermath of the US elections. The stock's gains are near 50% over the span of a week.

Mon, 11 Nov 2024 19:30:03 GMT

Funds buy banks and dump green energy

Goldman Sachs has revealed that in the aftermath of the US elections, hedge funds have been selling off green energy stocks and bought up shares of various banks.

Mon, 11 Nov 2024 16:30:04 GMT

Chinese chips reach record high

The Chinese semiconductor index has reached a 3-year-high level, as the markets speculated that a potential ban of TSMC exports to China could boost the local firms.

Mon, 11 Nov 2024 12:49:54 GMT

Bitcoin Surpasses $80,000

Bitcoin has surged past $80,000, hitting a new all-time high following the US election results and after news that Charles Hoskinson will be joining U.S. government to participate in implementation of crypto policy in the United States.

Mon, 11 Nov 2024 08:54:30 GMT

Chine pauses carmaker investment in EU countries

Reuters has reported that the Chinese government has ordered Chinese carmakers to pause investment in EU countries that backed the recent electric vehicle tariffs.

Mon, 11 Nov 2024 08:54:26 GMT

AbbVie raises forecast

Due to strong sales of Skyrizi and Rinvoq, AbbVie has increased the firm's 2024 profit forecasts.

Fri, 08 Nov 2024 20:30:04 GMT

Kraft Heinz cuts forecast

The foodstuff firm Kraft Heinz has announced that it is decreasing it 2024 sales forecast due to the observation of declining demand.

Fri, 08 Nov 2024 16:30:05 GMT

Italy prepares new Monte Paschi sale

Reuters has revealed that the Italian government is preparing to sell its stake in Monte Paschi on the market, as it has failed to find a buyer for the stake. A sale in market, not to a certain buyer, is set to cause a price decline.

Fri, 08 Nov 2024 12:30:08 GMT

Volvo Cars wants to oust Northvolt

Reuters has revealed that Volvo Cars intends to oust Northvolt from a common electric vehicle battery venture.

Fri, 08 Nov 2024 08:30:11 GMT

StanChart invests in wealth unit

Standard Chartered has announced that it will double investment in its wealth unit and decrease focus on retail banking.

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