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Recent Posts

  • Hedge funds boost U.S. equities with largest buying since December 2021- Goldman Sachs
    May 19, 2025
  • Equity positioning sees significant rise, Deutsche Bank says
    May 19, 2025
  • Exclusive-Trump Organization explores plan for tower in Ho Chi Minh City, Vietnam document shows
    May 19, 2025
  • December 11, 2024

Factbox-Brokerages continue to expect 25-bps US rate cut in December after CPI data

(Reuters) -Wall Street brokerages, including Morgan Stanley (NYSE:MS) and Wells Fargo (NYSE:WFC), have reiterated their expectation of a quarter-point interest rate cut by the...

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  • December 11, 2024

GM’s Cruise exit frees up cash for buybacks

-- General Motors is ending its autonomous vehicle development at its majority-owned, Cruise business, a move expected to save the company over $1 billion...

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  • December 11, 2024

Poland stocks lower at close of trade; WIG30 down 0.72%

– Poland stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Food and Banking sectors led shares lower. At the close in Warsaw, the WIG30...

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  • December 11, 2024

Denmark stocks higher at close of trade; OMX Copenhagen 20 up 0.55%

– Denmark stocks were higher after the close on Wednesday, as gains in the Consumer Goods, Personal & Household Goods and Healthcare sectors led shares higher. At...

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  • December 11, 2024

Factbox-ECB sets 2025 SREP requirements for Italian banks

(Reuters) -Italian banks have started to disclose the minimum best-quality capital requirements for 2025 set by the European Central Bank under its Supervisory Review and...

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  • December 11, 2024

Low global demand creates opportunity for more US sanctions on Russian oil, Yellen says

WASHINGTON (Reuters) - The United States is continuing to look for creative ways to reduce Russia's oil revenue and lower global demand for oil creates an opportunity for more...

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  • December 11, 2024

SpaceX valuation soars to $350 billion

Elon Musk's aerospace company SpaceX has reached a new valuation milestone of $350 billion, following a secondary share sale. The company and investors have agreed to purchase...

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  • December 11, 2024

European stock markets close higher; ECB meeting in focus

-- European stock markets closed higher Wednesday, following in-line November US inflation figures, as well as the upcoming ECB policy-setting meeting. At 11:30 ET...

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  • December 11, 2024

Pharmacy-benefit managers face potential breakup legislation - WSJ

Shares of CVS Health (NYSE:CVS), Cigna (NYSE:CI), and UnitedHealth Group (NYSE:UNH) witnessed a 5% drop following a report from the Wall Street Journal that said a bipartisan group...

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  • December 11, 2024

Bank of Canada cuts main interest rate to 3.25%

OTTAWA–In a move to mitigate slower economic growth and a weakening labor market, the Bank of Canada has reduced its main interest rate by half a percentage point. This...

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