Opening calls The FTSE 100 is expected to open 8 points lower at 8,341 on Friday morning, while the German DAX index is slated to lose 24 points at the opening, according to IG, bringing it down to 20,334. Meanwhile, IG is predicting that the CAC 40 will open around 8 points lower at 7,322. … Read more
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty Images Divided between two takeover courtships, UniCredit’s Andrea Orcel still has room to sweeten his bid for Italy’s Banco BPM, analysts say, while political turmoil stalls a deal with Germany’s Commerzbank. Once a key architect … Read more
Signage for the Reserve Bank of India (RBI) in Mumbai, India, on Friday, April 5, 2024. Dhiraj Singh | Bloomberg | Getty Images India’s central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain rising inflation without hurting growth in Asia’s third-largest economy. The decision came in … Read more
A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Waymo is setting its sights on its next location: the Sunshine State. The Alphabet-owned company announced Thursday that it will be hitting the roads in Miami. Waymo said it will first begin … Read more
When it comes to the jobs report Friday, investors can’t seem to make up their mind what they want. The November nonfarm payrolls report is one of the last major economic data points before the Federal Reserve holds its Dec. 17-18 meeting, at which the central bank is widely expected to squeeze in one more … Read more
Airlines may not be fans of “skiplagging,” but travelers who use it to save money on flights surely are. The practice involves buying a connecting flight, with no intention of taking the second leg of the journey. Flyers do this when they find a connecting flight — that stops at their intended destination — that’s … Read more
Former Republican U.S. Senator David Perdue, who is primarying incumbent Brian Kemp for Georgia governor, speaks at a campaign event in Covington, Georgia, February 2, 2022. Elijah Nouvelage | Reuters U.S. President-elect Donald Trump said on Thursday he has chosen former Senator David Perdue to be ambassador to China. “He will be instrumental in implementing my strategy to maintain Peace in the region, and a productive working relationship with China’s … Read more
Macquarie has named several Asian companies as its top picks for 2025, with predicted gains ranging from 50% to over 80% in their share prices. The selection spans multiple sectors including technology, automotive, defense, and power utilities, reflecting the investment bank’s positive view on these industries for the coming year. The investment bank screened for … Read more
The Starlink logo is seen on a mobile device with an grahpic illustration of planet Earth in this illustration photo in Warsaw, Poland on 21 September, 2022. STR | Nurphoto | Getty Images SpaceX’s effort to put an additional 22,488 satellites into low-earth orbit is facing a formal objection from a Ukrainian-American nonprofit, which says … Read more
Zenefits CEO David Sacks speaks at the TechCrunch Disrupt conference in San Francisco, Calif. Paul Chinn | San Francisco Chronicle | Hearst Newspapers via Getty Images Venture investor and podcaster David Sacks will join the Trump administration as the “White House A.I. & Crypto Czar,” President-elect Donald Trump announced on Truth Social on Thursday. Sacks … Read more