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Categories Investing

Puma shares indicated 11% lower after drop in full-year profit

January 23, 2025

(Reuters) – Shares in Puma (OTC:PMMAF) dropped 11% in pre-market trading on Thursday after the German sportswear maker late on

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Categories Investing

Commerzbank says UniCredit’s approach is hostile and unilateral

January 23, 2025

By Ludwig Burger and Valentina Za FRANKFURT (Reuters) -Commerzbank on Wednesday defined UniCredit’s approach for a potential tie-up as “hostile”, and said there

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Categories Investing

Hyundai posts 7.8% profit growth in 2024 despite sales dip

January 23, 2025

Investing.com — Hyundai Motor Company (OTC:HYMLF) reported a net profit of KRW 13.23 trillion in 2024, representing a 7.8% increase compared to

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Categories Investing

Asia FX bears retreat after less aggressive start to Trump’s tariff plans- Reuters poll

January 23, 2025

By Adwitiya Srivastava and Himanshi Akhand (Reuters) – Investors scaled back bearish bets on most Asian currencies after U.S. President Donald Trump’s inaugural

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Categories Investing

Japan’s Nidec posts higher third-quarter operating profit

January 23, 2025

TOKYO (Reuters) -Japanese electric motor maker Nidec posted a 5% rise in third-quarter operating profit on Thursday as the company said it

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Categories Investing

Stargate initiative ‘directional win-win’ for Oracle and Microsoft – TD Cowen

January 23, 2025

Investing.com– Oracle Corporation (NYSE:ORCL) and Microsoft Corporation (NASDAQ:MSFT) stand to benefit significantly from their roles in the newly announced Stargate initiative – a

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Categories Investing

Meta’s revised paid ad-free service may breach EU privacy laws, consumer group says

January 23, 2025

By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms’ revised no-ads subscription service may still breach EU consumer and privacy laws in addition to

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Categories Investing

Hyundai Motor forecasts slowing revenue growth in 2025 after Q4 miss

January 23, 2025

SEOUL (Reuters) -South Korea’s Hyundai Motor (OTC:HYMTF) expected on Thursday its 2025 sales growth would halve due to softening vehicle demand and

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Categories Investing

Hyundai Motor Q4 profit falls 17% as discounts weigh

January 23, 2025

SEOUL (Reuters) -South Korea’s Hyundai Motor (OTC:HYMTF) reported on Thursday a 17% fall in fourth-quarter operating profit, declining more than analysts estimated,

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Categories Investing

Musk questions funding of Trump’s $500 bln Stargate, OpenAI’s Altman replies

January 23, 2025

Investing.com– Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), has publicly criticized President Donald Trump’s recently announced $500 billion Stargate project, questioning its

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Categories Investing

Australia stocks lower at close of trade; S&P/ASX 200 down 0.61%

January 23, 2025

Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Metals & Mining, Consumer Discretionary and Materials

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Categories Investing

Electronic Arts: BMO downgrades to Market Perform on weak bookings outlook

January 23, 2025

Investing.com– BMO Capital Markets downgraded Electronic Arts Inc (NASDAQ:EA) on Wednesday after the videogame company slashed its annual net bookings

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Categories Investing

China stocks face near-term weakness as Trump tariffs loom- Morgan Stanley

January 23, 2025

Investing.com– Chinese stocks are likely to face profit-taking and increased risk aversion going into the New Year holiday, Morgan Stanley

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Categories Investing

FCC reinstates complaints over ABC presidential debate, Harris TV appearances

January 23, 2025

By David Shepardson WASHINGTON (Reuters) – The Federal Communications Commission on Wednesday reinstated complaints about how ABC News moderated the pre-election TV debate

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Categories Investing

Shareholders of Australian apparel retailers Myer, Premier approve merger

January 23, 2025

(Reuters) – Shareholders of Australian apparel retail firms Myer and Premier Investments approved on Thursday the merger of the latter’s apparel brands

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Categories Investing

Taiwan’s HTC to sell part of XR unit to Google for $250 million

January 23, 2025

TAIPEI (Reuters) -Taiwan’s HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to

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