British fintech Revolut achieved a record pretax profit of £438 million in 2023, driven by strong user growth and rising interest income.Revolut reported a record pretax…
Browsing: Finance and Investing
Canadian stocks moved lower on Tuesday following remarks by the chair of the US Federal Reserve. The remarks raised concerns about the trajectory of interest rate…
Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock, while Airbus pursued the supplier’s European operations.The 737 MAX crisis ended the two-decade independence…
Wall Street indexes were flat to higher Wednesday as tech stocks stabilized and investors awaited a key inflation report.Nvidia, the chip leader, fell 1.1% after rising,…
Amazon exceeded $2 trillion in market value Wednesday, joining six U.S. firms, as AI confidence and interest rate cuts boosted tech stocks.The stock surged 3.4% to…
European shares fell Tuesday as Airbus dropped on profit warning, pulling down aerospace stocks, while tech slid following Wall Street.STOXX 600 for the entire continent decreased…
During his China visit starting Friday, Economy Minister Robert Habeck will stress Germany’s trade commitment, though analysts favor U.S.-German ties.Habeck will explain the EU’s duties on…
Nippon Steel’s U.S. Steel acquisition might raise decarbonization costs; activists urge addressing the impact on climate goals.Nippon Steel offered $15 billion for U.S. Steel; however, the…
China’s securities regulator approved Momenta Global Limited’s US IPO, as stated on Monday.Momenta intends to issue shares, listing on Nasdaq or NYSE, as stated by the…
HSBC Adds 300 Employees in China After Acquiring Citi’s Wealth Business Date: June 11, 2024Location: ChinaHSBC Expands Workforce in ChinaThe Asia-focused lender, HSBC, announced on Tuesday…