Stocks
By Krishna N. Das DHAKA (Reuters) – Bangladesh’s interim government has accused energy supplier Adani Power (NS:) of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters. In 2017, the Indian company controlled…
Investing.com– Asian stocks fell sharply on Thursday with technology shares leading losses after the Federal Reserve projected a slower pace of interest rate cuts in 2025, presenting a tougher environment for risk-driven markets. Focus was now on the conclusion of a Bank of Japan meeting later in the day, with…
Investing.com– U.S. stock index futures steadied on Wednesday evening after a sharp fall on Wall Street as the Federal Reserve lowered interest rates as expected but indicated a slower pace of easing in 2025. Federal Reserve officials lowered for the third time in a row on Wednesday but projected fewer…
Investing.com — Shares of Western Digital Corp (NASDAQ:) fell by 4% as the market responded to a gloomy earnings forecast by industry peer Micron Technology (NASDAQ:), which has heightened concerns about weakening demand in the semiconductor sector. Similarly, Applied Materials Inc (NASDAQ:), KLA Corp (NASDAQ:KLAC), and Lam Research Corp (NASDAQ:)…
By Greg Bensinger (Reuters) – Pressure is building on Amazon.com (NASDAQ:) to come to the bargaining table with the Teamsters union as thousands of workers threaten to strike during the retailer’s busy holiday selling season. Workers in New York City, southern California and Skokie, Illinois, voted in recent days to…
In Wednesday’s trading session, stocks across various market cap ranges have experienced significant movements, with Nvidia Corp (NASDAQ:) and Jabil Circuit (NYSE:) leading the pack among mega-cap and large-cap categories, respectively. These intra-day stock movements reflect the latest news and market dynamics affecting investor sentiment and stock valuations. Mega-Cap Movers…
By Nora Eckert DETROIT (Reuters) – Ford Motor (NYSE:) is appointing a new head of quality, the company confirmed on Wednesday, as the automaker works to reverse its industry-topping record of recalls and reduce warranty costs. The automaker will move control of its quality team from Jim Baumbick to a…
By Jarrett Renshaw and Ernest Scheyder (Reuters) – Advisers to incoming U.S. President Donald Trump are recommending he waive environmental reviews for federally funded critical minerals projects to boost domestic production of materials used in electric vehicles, electronics and weapons, according to a document seen by Reuters. Implementation would reflect…
By Valentina Za and Elvira Pollina MILAN (Reuters) -Italy’s Banco BPM said it has asked market watchdog Consob to adopt measures to protect the bank’s stakeholders and its bid for Anima, after rival UniCredit launched its own bid for BPM. Banco BPM had complained before that UniCredit’s 10 billion euro…
By Simon Johnson LULEA, Sweden (Reuters) – Sweden’s local authorities, rattled by battery-maker Northvolt’s fight for survival and the potential fallout for taxpayers, are seeking increased financial support from the central government for the country’s transition to green industry. Europe’s electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy…
