Today: November 21, 2024
Today: November 21, 2024

Stock Markets

Europe|Finance|Stock Markets

European shares edge lower, tech stocks drag after Nvidia's disappointing forecast

Europe's main stock index slipped on Thursday, as market sentiment was tepid with geopolitical tensions boosting some safe-haven bids, while chip shares were the biggest drag after sector

European shares edge lower, tech stocks drag after Nvidia's disappointing forecast
Business|Economy|Finance|Stock Markets|US

Gautam Adani, indicted in US, is a controversial first-generation Indian tycoon

By Krishna N.

Gautam Adani, indicted in US, is a controversial first-generation Indian tycoon
Asia|Business|Economy|Finance|Stock Markets|US

US hedge funds pile into China's JD.com, GDS: Goldman

U.S. hedge funds raised their investments in U.S.-listed Chinese firms in the third quarter, with e-commerce retailer JD.com and data centre operator GDS Holdings

US hedge funds pile into China's JD.com, GDS: Goldman
Business|Economy|Europe|Finance|Stock Markets

Volkswagen enters third round of wage talks as strikes loom

Volkswagen management and worker representatives begin a third round of wage negotiations on Thursday, with just ten days left to find a solution before

Volkswagen enters third round of wage talks as strikes loom
Business|Europe|Finance|Stock Markets|Technology

Nvidia disappoints, bitcoin nears $100K

A look at the day ahead in European and global markets from Ankur Banerjee The prospect of slowing sales growth at AI juggernaut Nvidia and simmering worries over geopolitical tensions are keeping

Nvidia disappoints, bitcoin nears $100K
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Global shares mostly slip despite Nvidia's solid earnings report

Global shares have mostly fallen as regional markets tried to digest a strong profit report from Nvidia

Stock market today: Global shares mostly slip despite Nvidia's solid earnings report
Asia|Australia|Business|Finance|Stock Markets

GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani

GQG Partners, which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the

GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani
Business|Finance|Stock Markets|US

India's Adani Group sees $30 billion in value wiped off after US indictments

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire

India's Adani Group sees $30 billion in value wiped off after US indictments
Asia|Business|Finance|Stock Markets|Technology

Asian stocks stutter as Nvidia's forecast disappoints

Asian equities fell on Thursday after AI darling Nvidia disappointed investors with slower revenue growth expectations, while the dollar firmed and bitcoin hit a

Asian stocks stutter as Nvidia's forecast disappoints
Stock Markets|Technology|US

Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans

Bitcoin's march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will

Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans
Business|Finance|Stock Markets

Kioxia market value set at $5 billion, Japan chipmaker to receive listing approval, sources say

Bain-backed Kioxia will have a market value of about 750 billion yen ($4.84 billion) based on the indicative price for its initial public offering,

Kioxia market value set at $5 billion, Japan chipmaker to receive listing approval, sources say
Asia|Business|Crime|Finance|Stock Markets

Adani dollar bonds tumble after US bribery charges

Dollar bond prices for Adani companies fell sharply in early Asia trade on Thursday after the Indian conglomerate's billionaire chairman was indicted in New York over allegations

Adani dollar bonds tumble after US bribery charges
Business|Crime|Finance|Stock Markets|US

Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud

The founder of Archegos Capital Management, a hedge fund, has been sentenced to 18 years in prison for his conviction in a securities and market manipulation fraud that prosecutors say cost global investment banks billions of dollars

Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud
Business|Finance|Stock Markets|Technology

Snowflake lifts product revenue forecast, enters AI deal with Anthropic

Data analytics provider Snowflake on Wednesday raised its annual product revenue forecast and said it has teamed up with AI firm Anthropic to build up its cloud services, sending its shares

Snowflake lifts product revenue forecast, enters AI deal with Anthropic
Business|Finance|Stock Markets

Elf Beauty stock slides after Muddy Waters says it has shorted its shares

Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge fund's chief executive Carson Block said at the Sohn conference in London on

Elf Beauty stock slides after Muddy Waters says it has shorted its shares
Business|Finance|Stock Markets|US

Goldman Sachs CEO Solomon sees robust capital markets next year, CNBC reports

Goldman Sachs CEO David Solomon expects capital markets to be more robust in 2025, he said in an interview with CNBC on Wednesday, joining a wave of positive forecasts as inflation eases

Goldman Sachs CEO Solomon sees robust capital markets next year, CNBC reports
Business|Economy|Europe|Finance|Stock Markets|US

Ford to cut 4,000 jobs in Europe

Ford to cut 4,000 jobs in Europe

Ford to cut 4,000 jobs in Europe
Business|Finance|Stock Markets|Technology

Firstrade to offer overnight trading, joins growing list of US brokerages

Online brokerage Firstrade plans to launch overnight trading in early 2025, the latest firm looking to offer retail clients the chance to trade US stocks and exchange-

Firstrade to offer overnight trading, joins growing list of US brokerages
Business|Europe|Finance|Stock Markets

Ford to cut European jobs as EV shift, Chinese rivals take toll

Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric vehicle demand

Ford to cut European jobs as EV shift, Chinese rivals take toll
Asia|Business|Finance|Stock Markets

Top 20 global family-owned retail businesses

Japan's Seven & i Holdings received a buyout proposal from a member of its founding Ito family last week, a potential $58 billion white-knight bid which

Top 20 global family-owned retail businesses
Africa|Business|Economy|Finance|Stock Markets

Kenya in talks for fresh $750 million from World Bank, $200 million from AfDB, says official

Kenya has secured a $200 million loan from the African Development Bank and is in talks with the World Bank for a new $750 million loan, the finance ministry's head

Kenya in talks for fresh $750 million from World Bank, $200 million from AfDB, says official
Business|Finance|Stock Markets|Technology

TSX stops short of record high as investors await fresh catalyst

Canada's main stock index inched higher on Wednesday as gains for energy shares offset investor reluctance to make big bets ahead of the release after the close of an

TSX stops short of record high as investors await fresh catalyst
Business|Economy|Finance|Stock Markets|US

Delta Air eyes mid single-digit revenue growth in 2025 with premium travel in focus

Delta Air Lines said on Wednesday it expects 2025 revenue to grow by a mid single-digit percentage as it strengthens its bet on premium travel, a major revenue driver for the carrier.

Delta Air eyes mid single-digit revenue growth in 2025 with premium travel in focus
Business|Finance|Stock Markets|US

Target shares slide 21% as retailer expects stagnant holiday quarter sales

Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for low-priced essentials at rival retailers

Target shares slide 21% as retailer expects stagnant holiday quarter sales

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