US Stock Futures Dip Amid Caution Ahead of Business Activity Data; Geopolitical Tensions in Focus
U.S. stock index futures dipped on Friday as investors were cautious ahead of a business activity survey and monitored geopolitical […]
Mark Glenn
Author's Articles
Wall Street Closes Higher as Dow, S&P 500 Hit One-Week Tops
Wall Street’s main indexes closed higher after choppy trading on Thursday, with the blue-chip Dow and the S&P 500 hitting […]
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US Weekly Jobless Claims at Seven-Month Low; Home Resales Rebound in October
WASHINGTON – The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, suggesting […]
US Weekly Jobless Claims at Seven-Month Low; Home Resales Rebound in October Read More »
US Stock Futures Flat as Nvidia’s Outlook Disappoints and Geopolitical Tensions Escalate
U.S. stock index futures were subdued on Thursday, as AI-heavyweight Nvidia’s (NASDAQ: NVDA) revenue forecast failed to impress investors while […]
US Stock Futures Flat as Nvidia’s Outlook Disappoints and Geopolitical Tensions Escalate Read More »
Fed’s Collins Sees More Rate Cuts Ahead as Economy Stabilizes
NEW YORK – Federal Reserve Bank of Boston President Susan Collins reiterated on Wednesday she believes the U.S. central bank […]
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Oil Giants Double Down on Biofuels: 43 Projects to Launch by 2030, Rystad Says
Major oil and gas companies have ramped up investments in the biofuels sector, betting on sustainable aviation fuel (SAF), with […]
Oil Giants Double Down on Biofuels: 43 Projects to Launch by 2030, Rystad Says Read More »
Google Faces Call from DuckDuckGo for New EU Probes Into Tech Rule Compliance
BRUSSELS – Alphabet (NASDAQ: GOOG) unit Google faced a call on Wednesday for additional investigations into its compliance with landmark […]
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HSBC Relaunches ‘Premier’ Brand in the UK to Attract Wealthy Clients
LONDON – HSBC Holdings (NYSE: HSBC) is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers […]
HSBC Relaunches ‘Premier’ Brand in the UK to Attract Wealthy Clients Read More »
US Stock Futures Tread Water Ahead of Nvidia Earnings Report
U.S. stock index futures were little changed on Wednesday as investors awaited quarterly results from Nvidia (NASDAQ: NVDA), which are […]
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EU to Announce Decision on Nvidia-Run:ai Deal by December 20
BRUSSELS – EU antitrust regulators will make a decision on U.S. chipmaker Nvidia’s (NASDAQ: NVDA) proposed acquisition of Israeli AI […]
EU to Announce Decision on Nvidia-Run:ai Deal by December 20 Read More »
Fed’s Schmid: Uncertainty Remains Over How Far Interest Rates Can Fall
WASHINGTON – It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central […]
Fed’s Schmid: Uncertainty Remains Over How Far Interest Rates Can Fall Read More »
British Competition Watchdog Drops Investigation into Alphabet-Anthropic Deal
On Tuesday, Britain’s competition watchdog said the partnership between Google-parent Alphabet (NASDAQ: GOOG) and artificial intelligence startup Anthropic did not […]
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Ōura Achieves Over $5 Billion Valuation Following Dexcom Funding
On Tuesday, Dexcom (NASDAQ: DXCM), the medical device maker, said it will invest $75 million in Ōura’s latest funding round, […]
Ōura Achieves Over $5 Billion Valuation Following Dexcom Funding Read More »
UBS CEO Flags Client Migration as Key Challenge in Credit Suisse Integration
ZURICH – On Monday, UBS CEO Sergio Ermotti said that moving Credit Suisse clients in Switzerland onto the bank’s own […]
UBS CEO Flags Client Migration as Key Challenge in Credit Suisse Integration Read More »
Nomura Expects Fed to Pause Rate-Cut Cycle in December
The U.S. Federal Reserve is no longer expected to cut interest rates at its December policy meeting, Nomura has said, […]
Nomura Expects Fed to Pause Rate-Cut Cycle in December Read More »
Global Offshore Wind Industry Poised to Miss Big Targets as Obstacles Mount
After a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has […]
Global Offshore Wind Industry Poised to Miss Big Targets as Obstacles Mount Read More »
Fed to Take ‘Wait and See’ Approach on Trump’s Economic Agenda, Powell Says
On Thursday, Federal Reserve Chair Jerome Powell said the U.S. central bank has time before it needs to adapt its […]
Fed to Take ‘Wait and See’ Approach on Trump’s Economic Agenda, Powell Says Read More »
Stellantis Pledges Not to Close Plants or Cut Jobs in Italy
ROME – Stellantis (NYSE: STLA) does not plan to close plants or make mass redundancies in Italy, an executive at […]
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Tapestry (NYSE: TPR) Pulls $8.5 Billion Bid for Capri After FTC Roadblock, Stock Jumps
Tapestry (NYSE: TPR) is terminating its $8.5 billion deal to buy Michael Kors owner Capri (NYSE: CPRI) following a legal […]
Tapestry (NYSE: TPR) Pulls $8.5 Billion Bid for Capri After FTC Roadblock, Stock Jumps Read More »
EU Fines Meta €797 Million Over Abusive Practices Benefiting Facebook Marketplace
BRUSSELS – On Thursday, the European Commission fined Meta Platforms (NASDAQ: META) €797.72 million ($840.24 million) over abusive practices benefiting […]
EU Fines Meta €797 Million Over Abusive Practices Benefiting Facebook Marketplace Read More »
B. Riley (NASDAQ: RILY) Delays Q3 Report, Warns of Loss from Franchise Bankruptcy
On Wednesday, B. Riley Financial (NASDAQ: RILY) warned of a third-quarter loss and said it would delay its earnings report […]
B. Riley (NASDAQ: RILY) Delays Q3 Report, Warns of Loss from Franchise Bankruptcy Read More »
TotalEnergies Kickstarts Suriname Offshore Project with $3 Billion in Contract Awards
PARIS/MILAN – TotalEnergies (NYSE: TTE), the French oil major, has awarded engineering contracts worth at least $3 billion as part […]
TotalEnergies Kickstarts Suriname Offshore Project with $3 Billion in Contract Awards Read More »
Telefonica Wins $380 Million Arbitration Award Against Colombian Government
MADRID/BOGOTA – On Wednesday, Telefonica (NYSE: TEF), the Spanish telecoms company, said that the World Bank’s International Centre for Settlement […]
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Musalem Says Fed In ‘Last Mile’ of Inflation Fight, But Recent Data Raise Risks
The Federal Reserve is in the “last mile” of its inflation fight, with price pressures converging towards the U.S. central […]
Musalem Says Fed In ‘Last Mile’ of Inflation Fight, But Recent Data Raise Risks Read More »