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Recent Posts

  • Schibsted Marketplaces sells Prisjakt to eEquity for SEK 500m
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  • November 21, 2024

PayPal fixes outage that affected thousands worldwide

(Reuters) -Payments firm PayPal (NASDAQ:PYPL) said on Thursday it had resolved an issue that led to a global outage affecting thousands of users for nearly two hours. The company...

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  • November 21, 2024

BofA calls Comcast's cable network spin-off “strategic step”

- BofA analyst on Thursday said Comcast Corp (NASDAQ:CMCSA) decision to spin off its cable networks, excluding Bravo, and some digital assets into a separate company,...

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  • November 21, 2024

Two Sigma to cut 200 jobs after review - Bloomberg

NEW YORK - Two Sigma Investments, a prominent hedge fund, is set to reduce its workforce by approximately 200 employees, a move that comes after a comprehensive business review by...

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  • November 21, 2024

Palo Alto initial negative stock reaction 'overblown' Wedbush says

 Palo Alto Networks reported strong first-quarter results, but initial market reactions to its conservative guidance may not fully capture the company's positive...

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  • November 21, 2024

Turkey's central bank holds key rate steady at 50%

ANKARA - The Central Bank of the Republic of Turkey announced its decision to maintain the one-week repo auction rate at 50 percent, adhering to its current monetary policy stance....

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  • November 21, 2024

Mercedes to cut costs by billions per year as China weakens - report

Mercedes-Benz (OTC:MBGAF) is taking steps to reduce costs by billions of euros annually in response to ongoing difficulties in the global automotive market, the...

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  • November 21, 2024

Turkey's central bank holds rate steady, market eyes December cut

By Ezgi Erkoyun and Huseyin Hayatsever ISTANBUL (Reuters) -Turkey's central bank held its policy rate steady at 50% on Thursday, as expected, and said it remained attentive to...

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  • November 21, 2024

South African Reserve Bank cuts repurchase rate to 7.75%

PRETORIA - The South African Reserve Bank (SARB) has announced a reduction in the repurchase rate by 25 basis points to 7.75%, effective from November 22, 2024, as conveyed in a...

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  • November 21, 2024

PayPal resolves system issue affecting API calls

SAN JOSE - PayPal Holdings Inc (NASDAQ:PYPL). has resolved a system issue that impacted multiple products within its production environment. The company experienced a significant...

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  • November 21, 2024

Exxon, under fire over plastic recycling, spending $200 million to expand Texas plants

By Erwin Seba HOUSTON (Reuters) - Exxon Mobil Corp (NYSE:XOM), which is facing a California lawsuit over its alleged role in global plastic waste pollution, will expand plastics...

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