Nestlé SA is planning to cut around 16,000 jobs globally as part of a two-year restructuring effort led by its new Chief Executive Officer, Philipp Navratil. The layoffs,…
Singapore’s sovereign wealth fund, GIC, has taken legal action against Chinese electric vehicle maker Nio Inc., accusing it of inflating revenues through complex accounting linked to its battery-swap…
The brief and brilliant rally that graced European markets has come to an abrupt and jarring end. The powerful optimism of Wednesday, fueled by a surge in luxury…
Taiwan Semiconductor Manufacturing Co. (TSMC) has reported a sharp rise in quarterly profit, underscoring how artificial intelligence (AI) is rewriting the dynamics of global chip supply chains. The…
Barclays share price has moved sideways this week as investors focus on the ongoing earnings by its biggest American peers like JPMorgan, Goldman Sachs, and Morgan Stanley. BARC…
Asian equities advanced on Thursday, extending gains from the previous session as investors grew increasingly confident that the US Federal Reserve would soon begin cutting interest rates. Gains…
Even as gold prices continue to hit new record highs every trading day, the rally might still have some legs, according to the World Gold Council. Gold hit a…
Dow futures rose nearly 150 points on Thursday, reflecting cautious optimism among investors following strong earnings from major banks.A similar pattern was visible across other Wall Street indices…
Micron Technology’s stock could see further upside, according to UBS, as the semiconductor market faces a widening supply-demand imbalance. The investment bank reiterated its “buy” rating on the…