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Recent Posts

  • Schibsted Marketplaces sells Prisjakt to eEquity for SEK 500m
    May 6, 2025
  • Zalando beats first-quarter sales forecast despite ’cautious’ consumers
    May 6, 2025
  • Analysis-’Asian crisis in reverse’ as currencies soar on the dollar
    May 6, 2025
  • November 23, 2024

VW brand boss: layoffs, plant closures needed to fix carmaker's problems

FRANKFURT (Reuters) - Volkswagen (ETR:VOWG_p) sees no chance of avoiding layoffs and plant closures in order to cut 4 billion euros ($4.2 billion) in costs, the brand's chief...

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  • November 23, 2024

Coin Center warns US policies could scare away crypto investors despite Trump win

Coin Center says that while a Trump administration will undoubtedly be positive for crypto, there are still several ongoing cases that could prove troublesome to investors and developers.

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  • November 22, 2024

Scott Bessent's rise through finance to the US Treasury

By Lawrence Delevingne (Reuters) - Investor Scott Bessent has spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos,...

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  • November 22, 2024

Nissan persuades US court to decertify brake defect class actions

By Jonathan Stempel (Reuters) - Nissan (OTC:NSANY) persuaded a federal appeals court on Friday to decertify 10 class actions accusing the Japanese automaker of selling cars and...

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  • November 22, 2024

Moody's upgrades Saudi Arabia's rating on economic diversification efforts

(Reuters) - Global credit ratings agency Moody's (NYSE:MCO) upgraded Saudi Arabia's rating to "Aa3" from "A1" on Friday, citing the country's efforts to diversify beyond its oil...

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  • November 22, 2024

Samsung ordered to pay $118 million for infringing Netlist patents

By Blake Brittain (Reuters) - A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist (OTC:NLST) $118 million in damages from Samsung Electronics...

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  • November 22, 2024

Exclusive-Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say

By Anirban Sen, Supantha Mukherjee and Alexandra Alper NEW YORK (Reuters) - Saudi Aramco (TADAWUL:2222)'s digital arm is in talks to take a significant minority stake in...

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  • November 22, 2024

Three BofA bankers in India leave amid probe into stock sale, source says

(Reuters) - Three Bank of America investment bankers in India have left the company as it probes allegations of wrongdoing over stock sales, a source familiar with the matter...

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  • November 22, 2024

Black Friday puts consumer spending in market's glare with stocks near records

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) - The health of the U.S. consumer and the retail sector will be in focus in the coming week, as Black Friday kicks off a holiday...

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  • November 22, 2024

Nvidia stock is set up well for 2025 as chip demand to remain red hot: Jefferies

NVIDIA Corporation (NASDAQ:NVDA) has wobbled since its third-quarter guidance underwhelmed lofty investor expectations, but analysts from Jefferies are...

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