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Recent Posts

  • Currys shares drop over 6% after RBC downgrade on valuation concerns
    July 7, 2025
  • Indonesia stocks higher at close of trade; IDX Composite Index up 0.18%
    July 7, 2025
  • LG Electronics forecasts sharp drop in Q2 profit amid market challenges
    July 7, 2025
  • February 12, 2025

Bostic reports strong labor market, stresses careful inflation monitoring

-- The labor market is performing exceptionally well, according to Raphael Bostic, president of the Federal Reserve Bank of Atlanta. However, despite the positive...

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  • February 12, 2025

NYSE to launch in Texas, escalating listing venue competition

By Niket Nishant and Suzanne McGee (Reuters) -The New York Stock Exchange announced on Wednesday it will launch an exchange in Texas, increasing competition among listing venues...

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  • February 12, 2025

Barrick Gold beats profit estimates, announces new share buyback

By Seher Dareen (Reuters) -Canada's Barrick Gold (NYSE:GOLD) announced a new $1 billion share buyback program as higher gold prices helped the company beat analysts' estimates for...

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  • February 12, 2025

EssilorLuxottica revenue rises over 9% in Q4, reaffirms outlook

-- EssilorLuxottica reported a 9.2% year-on-year increase in revenue for the fourth quarter of 2024 at constant exchange rates, reaching €6.78 billion.  The company...

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  • February 12, 2025

European shares end at record peak on earnings boost; tariffs eyed

By Nikhil Sharma and Johann M Cherian (Reuters) - European shares eked out an all-time high on Wednesday, as investors cheered earnings reports from Heineken (AS:HEIN) and ABN...

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  • February 12, 2025

BofA doubles size of banking team in Switzerland after Credit Suisse collapse

By Niket Nishant and Saeed Azhar (Reuters) -Bank of America has doubled the size of its banking team in Switzerland, its CEO said, seizing on a potential opportunity to gain...

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  • February 12, 2025

Phoenix Group stock soars on 236% revenue surge in FY 2024

Phoenix Group PLC (ADX:PHX), a prominent player in the digital asset industry, disclosed a remarkable 236% year-over-year increase in revenue for the fiscal year 2024. The...

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  • February 12, 2025

Baidu stock set for new AI model amid rising competition

Baidu Inc (NASDAQ:BIDU) (9888.HK), a leading Chinese technology firm, announced plans to unveil its latest artificial intelligence model, Ernie 5, in the second half of 2025. This...

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  • February 12, 2025

Chevron plans to lay off up to 20% of workers as part of cost-cutting measures - Barron's

-- Chevron (NYSE:CVX) told employees on Wednesday that it is planning to lay off between 15% and 20% of its workforce, which is approximately 6,000 to 8,000, as...

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  • February 12, 2025

Eneos targets $2.61 billion from Japan's biggest IPO in 7 years

Eneos Holdings, Japan's largest oil refiner, is reportedly aiming to raise a minimum of 400 billion yen ($2.61 billion) through the initial public offering (IPO) of its wholly...

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