SoftbankCuts Alibaba And Gains $34 BillionStocks

SoftbankCuts Alibaba And Gains $34 Billion

Sliding valuations at its Vision Fund investment arm led to a record net loss booking this Monday for SoftBank. Their…

London stock exchange keeps Refinitiv costs savings trackStocks

London stock exchange keeps Refinitiv costs savings track

Investors are closely monitoring the integration of Refinitiv, which LSEG bought for $27 billion in 2021, after outages and concerns…

Sony cuts profit forecastStocks

Sony cuts profit forecast

Sony (NYSE: SONY) said the business would draw support, however, from its upcoming game slate and as it addresses supply…

Italian fizzy drinks could fall flatStocks

Italian fizzy drinks could fall flat

CO2 is a byproduct of the ammonia produced by chemical groups for use in the manufacturing of fertilizer, engineering plastics,…

Twitter Accuses Elon Musk for Its StrugglesStocks

Twitter Accuses Elon Musk for Its Struggles

The results come as Twitter (NYSE: TWTR) has sued Musk for dropping his offer to buy the company. He is…

Nord Stream Goes Through Europe AgainStocks

Nord Stream Goes Through Europe Again

Supplies via Nord Stream 1, which runs under the Baltic Sea to Germany, stopped operating for maintenance on July 11.…

H&M Deserts RussiaStocks

H&M Deserts Russia

The company suspended its business in Russia in early March in the wake of Western sanctions against Moscow following its…

Black Rock Fails Profit EstimatesStocks

Black Rock Fails Profit Estimates

Adjusted profit fell to $1.12 billion, or $7.36 per share, for the three months ended June 30, from $1.61 billion,…

Hyundai Reveals Its First Electric SedanStocks

Hyundai Reveals Its First Electric Sedan

The Ioniq 6 is one of more than 31 electric models that Hyundai Motor Group – including Hyundai Motor, its…

Futures Jump Ahead of Inflation DataStocks

Futures Jump Ahead of Inflation Data

Economists are already forecasting another month of 40-year-high inflation that could further solidify expectations for a significant rate hike this…