Burmans’ Religare open offer to acquire additional 26% stake to start on Jan 27.
Burmans’ Religare Enterprises’ open offer to acquire an additional 26 per cent stake from the open market would commence on January 27 […]
Jeep maker Stellantis delivers 12% fewer cars in 2024.
Paris: Global automaker Stellantis reported Thursday a stinging 12 percent drop in the number of vehicles it sold last year, with its […]
Chinese economic growth among slowest in decades, and it could fall further.
Beijing has in recent months announced its most aggressive support measures for years in a bid to reignite an economy that had […]
Gold price will hit fresh ATH of $3,175 in 2025, spot silver to trade above $38 per ounce – Metals Daily CEO Ross Norman.
Gold prices will approach $3,200 this year, while silver will get close to $40 per ounce in 2025, according to Ross Norman, CEO […]
Goldman Sachs shares rise after topping estimates on strong trading results.
The bank said profit roughly doubled from a year earlier to $4.11 billion, or $11.95 a share, as revenue grew while expenses […]
UK economy’s disappointing November growth fuels the case for Bank of England rate cut.
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics (ONS) showed Thursday, […]
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
Here’s what the company reported: The bank said quarterly profit more than doubled to $3.71 billion, or $2.22 a share, from a […]
China Cash Squeeze Rolls on Even After Central Bank’s Infusions.
China’s cash squeeze extended with some signs of disruption to trading, as a liquidity infusion from Beijing failed to counteract a spike […]
US to finalize billions in funding for Rivian and Plug before Trump.
The Biden administration is poised to finalize billions of dollars in financing for electric-vehicle maker Rivian Automotive Inc (RIVN). and hydrogen manufacturer […]
TSMC’s Q4 profit rises 57% to a record, in line with forecast.
Taiwanese chipmaker TSMC said fourth-quarter net profit rose 57% to a record on Thursday, in line with expectations, as it benefits from […]
US to push TSMC, Samsung into tightening China chip supplies- Bloomberg.
The U.S. is planning more regulations aimed at limiting the flow of advanced chips made by TSMC and its peers into China, […]
Japanese yen rises after BOJ’s Ueda says rate hike possible with economic progress.
The Japanese yen strengthened on Wednesday after the Bank of Japan (BOJ) Governor Kazuo Ueda indicated that the central bank may consider […]