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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

Finland stocks higher at close of trade; OMX Helsinki 25 up 0.57%

– Finland stocks were higher after the close on Wednesday, as gains in the Basic Materials, Consumer Services and Telecoms sectors led shares higher. At the close in...

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  • February 12, 2025

Belgium stocks higher at close of trade; BEL 20 up 0.98%

– Belgium stocks were higher after the close on Wednesday, as gains in the Telecoms, Technology and Basic Materials sectors led shares higher. At the close in...

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  • February 12, 2025

From non-profit roots to for-profit ambitions: the OpenAI saga

(Reuters) - OpenAI CEO Sam Altman has said "no thank you" to a $97.4 billion bid for the startup's nonprofit parent from a consortium led by Elon Musk, the latest twist in a...

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  • February 12, 2025

Commerzbank plans job cuts and financial targets overhaul to deter UniCredit- Reuters

-- Commerzbank (ETR:CBKG), based in Germany, is planning to implement staff reductions and revamp its financial targets in an attempt to ward off merger overtures...

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  • February 12, 2025

SoftBank reports $2.4 billion loss in Q4 due to Vision Fund's valuation drop

-- SoftBank (TYO:9984) Group, a major Japanese technology investor, reported a surprising net loss of 369.2 billion yen ($2.4 billion) for the October-December...

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  • February 12, 2025

Silitech Technology tenders offer for Fujitsu unit FDK at discounted rate

-- Taiwan's Silitech Technology has announced a tender offer for a unit of Fujitsu, FDK, at a rate of 435 yen per share. This offer represents a roughly 32% discount...

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  • February 12, 2025

Carrefour plans full ownership of Brazil unit with $919.5 million offer

-- Carrefour (EPA:CARR), the French grocery giant, said it plans to acquire full ownership of its Brazil unit, known as Atacadao, and delist the business. The...

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  • February 12, 2025

China's SMIC flags chip oversupply risk on weakening demand, rising output

BEIJING (Reuters) -China's largest chipmaker SMIC said the market for its staple mature-node chips could be oversupplied in the second half of 2025, tempering optimism about a...

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  • February 12, 2025

Siemens Energy reports record €131 bln order backlog amid strong revenue growth

-- Siemens (ETR:SIEGn) Energy (ETR:ENR1n) on Wednesday reported a record-high order backlog of €131 billion, reflecting sustained demand across its business...

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  • February 12, 2025

European stocks edge higher ahead of key US CPI release; Heineken impresses

- European stock markets edged higher Wednesday amid cautious activity ahead of the release of the latest U.S. inflation report, which could offer possible clues on...

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