Today: September 21, 2024
Today: September 21, 2024

Finance

Business|Finance|Health

J&J to buy medical device maker V-Wave for up to $1.7 billion

Johnson & Johnson said on Tuesday it would buy privately held V-Wave for up to $1.7 billion, the healthcare conglomerate's second deal this year aimed at boosting its presence in the market

J&J to buy medical device maker V-Wave for up to $1.7 billion
Business|Economy|Finance

A gold bar is now worth $1 million

A gold bar is now worth $1 million

A gold bar is now worth $1 million
Business|Finance

Citic, CICC among 10 brokerages included in China's Greater Bay Area wealth scheme, sources say

China and Hong Kong are set to expand a pilot wealth scheme that allows residents to invest cross-border by adding the first batch of 10 securities firms,

Citic, CICC among 10 brokerages included in China's Greater Bay Area wealth scheme, sources say
Business|Finance|Health

Medtronic nudges profit forecast on medical devices demand, new launches

Medtronic slightly lifted the lower end of its annual profit forecast on Tuesday, banking on sustained demand for its medical devices and growth from its

Medtronic nudges profit forecast on medical devices demand, new launches
Business|Finance

XPeng projects lower-than-expected Q3 revenue on stiff competition

Chinese firm XPeng forecast third-quarter revenue below expectations and missed June-quarter sales estimates on Tuesday, hurt by stiff competition and a drop in demand for its aging line-up

XPeng projects lower-than-expected Q3 revenue on stiff competition
Business|Finance|Technology

Custody giant State Street expands crypto services in new partnership

State Street is partnering with Swiss crypto company Taurus to offer new digital asset services, including turning real-world assets into tradeable tokens, to tap growing

Custody giant State Street expands crypto services in new partnership
Economy|Finance

Egypt's foreign debt drops $7.4 billion in first quarter

Egypt's foreign debt fell by $7.4 billion in the first three months of 2024, according to central bank data released on Tuesday. 

Egypt's foreign debt drops $7.4 billion in first quarter
Business|Finance

India flags cricket rights concerns with Disney-Reliance $8.5 billion merger

India's antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their

India flags cricket rights concerns with Disney-Reliance $8.5 billion merger
Business|Economy|Europe|Finance

German negotiated wage growth slows in likely relief for ECB

Growth in negotiated wages across Germany slowed in the second quarter, providing some relief to European Central Bank policymakers and possibly bolstering the case for another

German negotiated wage growth slows in likely relief for ECB
Business|Finance

Lowe's cuts annual forecasts on weak home improvement demand

Lowe's cut its annual profit and sales forecasts on Tuesday, echoing bigger rival Home Depot's concerns of a slim chance of a recovery in home improvement demand this year. The U.S.

Lowe's cuts annual forecasts on weak home improvement demand
Americas|Business|Finance

Hess Guyana's secret value becomes part of Exxon arbitration, sources say

An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people

Hess Guyana's secret value becomes part of Exxon arbitration, sources say
Business|Economy|Finance

Fed officials uneasy about job market as they get ready for Jackson Hole

Federal Reserve officials gathering at the annual central banking conference in Jackson Hole, Wyoming, this week can take some satisfaction that the U.S.

Fed officials uneasy about job market as they get ready for Jackson Hole
Business|Economy|Finance|News

S&P 500 hunting cloud nine

A look at the day ahead in U.S. and global markets by Alun John, EMEA breaking news correspondent, finance and markets.

S&P 500 hunting cloud nine
Business|Economy|Finance|Stock Markets

Wall St ends lower ahead of Jackson Hole, snapping multi-session rally

U.S. stocks closed slightly lower on Tuesday, breaking their recent winning streak amid few market-moving catalysts ahead of the Jackson Hole Economic Symposium,

Wall St ends lower ahead of Jackson Hole, snapping multi-session rally
Americas|Finance|Stock Markets

MSCI reclassifying Argentina could trigger $1 billion of inflows, JPMorgan says

A potential upgrade for Argentina to emerging market status from index provider MSCI could see nearly $1 billion in investor money pour into the country's stocks, JPMorgan said on

MSCI reclassifying Argentina could trigger $1 billion of inflows, JPMorgan says
Asia|Business|Finance|Technology

India and Malaysia look to reset relations with trade boost

By Krishna N.

India and Malaysia look to reset relations with trade boost
Business|Economy|Finance|Stock Markets

FTSE 100 dips 1% as energy stocks slip and BT hits bottom

The UK's FTSE 100 ended 1% lower on Tuesday, as a third straight day of falling crude prices weighed on energy stocks, and BT dropped to the bottom of FTSE

FTSE 100 dips 1% as energy stocks slip and BT hits bottom
Business|Economy|Europe|Finance

Energy shares lead Europe's STOXX 600 to snap 5-day gains

Europe's main stock index snapped a five-day winning streak on Tuesday, dragged down by heavyweight energy stocks, with investors sizing up domestic

Energy shares lead Europe's STOXX 600 to snap 5-day gains
Business|Finance

Saudi Fund eyes Boeing, Airbus jets for new cargo airline, Bloomberg News reports

Saudi Arabia's Public Investment Fund is in talks to procure jets from Boeing 777 and Airbus 350 for a new cargo airline, Bloomberg News reported on Tuesday, citing people familiar with

Saudi Fund eyes Boeing, Airbus jets for new cargo airline, Bloomberg News reports
Finance|News

Bank of Korea to hold rates steady on Thursday, first cut seen in Oct: Reuters poll

The Bank of Korea will keep its key interest rate at 3.50% on Thursday and cut it next quarter after the U.S.

Bank of Korea to hold rates steady on Thursday, first cut seen in Oct: Reuters poll
Business|Finance|News

US oil, gas M&A activity jumped 57% last year amid industry consolidation

Dealmaking activity in the oil and gas industry increased 57% last year as energy companies boosted development spending, driven by

US oil, gas M&A activity jumped 57% last year amid industry consolidation
Business|Finance

PwC loses major client Bank of China amid regulatory probe

Auditor PwC has lost its largest mainland China-listed client, Bank of China, to rival EY, adding to an exodus of clientele amid a regulatory investigation into its

PwC loses major client Bank of China amid regulatory probe
Business|Europe|Finance|Stock Markets

Anticipation builds for Powell blessing on rates

A look at the day ahead in European and global markets from Rae Wee There's a lot hinging on Federal Reserve Chair Jerome Powell's speech at the end of this week but, until then, stocks look set for a

Anticipation builds for Powell blessing on rates
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street slips and breaks an 8-day winning streak

U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year

Stock market today: Wall Street slips and breaks an 8-day winning streak
Finance|News

Gold extends record rally on dollar weakness, rate-cut bets

Gold prices extended their record run on Tuesday, holding firm above the key $2,500 level, driven by a weaker dollar and growing investor confidence that the

Gold extends record rally on dollar weakness, rate-cut bets

Follow