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Recent Posts

  • Bitcoin (BTC) Price Drops, but Historic Support Offers Hope
    May 24, 2025
  • Nvidia plans cheaper AI chip for China to navigate U.S. export curbs- Reuters
    May 24, 2025
  • Exclusive-Nvidia to launch cheaper Blackwell AI chip for China after US export curbs, sources say
    May 24, 2025
  • December 20, 2024

Fed's Williams says Fed remains on track for cuts, amid uncertain outlook

By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of New York President John Williams said Friday he expects the central bank to deliver more interest rate cuts but...

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  • December 20, 2024

Lure of Anglo's copper mines could test BHP's spending resolve

By Felix Njini, Clara Denina, Melanie Burton (Reuters) -BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American (JO:AGLJ)'s share price to...

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  • December 20, 2024

Russia's central bank maintains key interest rate at 21%

-- The Bank of Russia held its key interest rate at 21% on Friday, contrary to economists' expectations of an increase to 23%. This decision marks the highest level...

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  • December 20, 2024

Novo Nordisk shares plunge after CagriSema obesity drug trial disappoints

By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) - Novo Nordisk (NYSE:NVO) on Friday revealed disappointing results in a late-stage trial for its...

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  • December 20, 2024

Morocco stocks lower at close of trade; Moroccan All Shares down 0.02%

– Morocco stocks were lower after the close on Friday, as losses in the Hotels, Restaurants & Leisure, Utilities and Pharmaceutical Industry sectors led shares...

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  • December 20, 2024

US consumer spending rises in November; monthly inflation benign

By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's resilience,...

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  • December 20, 2024

Fed policymakers prepare the ground for rate-cut pause next year

By Michael S. Derby, Ann Saphir (Reuters) -Federal Reserve policymakers, fresh from an interest rate cut this week, on Friday signaled their readiness to take a break from further...

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  • December 20, 2024

Nike downgraded as turnaround path to take longer to execute

-- Nike has been downgraded to Market Perform from Outperform by Telsey Advisory Group (TAG) on Friday following its second-quarter fiscal 2025 earnings call, the...

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  • December 20, 2024

Nestle stock is too cheap, says major investor

--Nestle SA's (SIX:NESN) steep stock decline has attracted money manager J. Stern (AS:PBHP) & Co, which sees the Swiss consumer goods giant as a buying opportunity...

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  • December 20, 2024

Copper giant Peru foresees another production plateau in 2025

By Marco Aquino LIMA (Reuters) -Peruvian copper production is expected to remain flat in 2025 for the third straight year, according to the country's top mining association and...

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