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UBS sees almost 9% draw back threat for European shares in 2025
UBS sees almost 9% draw back threat for European shares in 2025
Category Stock Market News
Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.
Rio Tinto boosts 2025 capex and copper output steerage
Investing.com — Rio Tinto (LON:RIO) (ASX:RIO) has posted an up to date manufacturing and expenditure steerage forward of its annual Investor Seminar. Whereas the mining large reiterated its dedication to long-term development, particulars for 2025 fell wanting some analyst expectations,…
BlackRock bets on AI-driven shares rally however US debt clouds 2025 outlook
By Davide Barbuscia NEW YORK (Reuters) -BlackRock expects the unreal intelligence increase to proceed to spice up U.S. shares subsequent 12 months and help financial development extra broadly, though rising U.S. authorities debt ranges may threaten its upbeat 2025 forecasts.…
Novavax sells Czech facility to Novo Nordisk for $200 million
In a strategic transfer to streamline its operations, Novavax (NASDAQ:NVAX), a U.S. vaccine producer, has introduced the sale of its manufacturing plant within the Czech Republic to the Danish pharmaceutical firm Novo Nordisk (NYSE:NVO). The transaction is valued at $200…
UniCredit to supply rich purchasers Blackstone’s non-public fairness fund
MILAN (Reuters) -Italian financial institution UniCredit stated on Wednesday it was widening its partnership with Blackstone (NYSE:BX) to start out providing its wealthier purchasers a personal fairness fund, an asset class usually reserved for skilled buyers. UniCredit first partnered with…
Unique-Northvolt seeks to promote electrical industrial battery enterprise by year-end
By Marie Mannes STOCKHOLM (Reuters) – Northvolt has held talks with an enormous industrial firm on promoting the enterprise that makes electrical battery packs for heavy trade, as a scarcity of funds forces it to attempt to divest one among…
Nationwide Financial institution of Canada revenue rises on robust wealth administration enterprise
(Reuters) -Nationwide Financial institution of Canada reported an increase in fourth-quarter revenue on Wednesday, helped by robust efficiency in its wealth administration unit. In October, the Financial institution of Canada reduce rates of interest for the fourth time in a…
Nation Backyard faces deepening gross sales decline amid debt woes
Nation Backyard (HK:2007) Holdings Co., a significant Chinese language property developer, is grappling with intensifying liquidity considerations as its gross sales continued to plummet in November, signaling additional misery in China’s actual property sector. The corporate reported a 52.3% lower…
Foot Locker shares tumble on steerage lower, disappointing Q3 outcomes
Foot Locker (NYSE:FL) noticed its shares tumble greater than 9% in premarket buying and selling Wednesday after the corporate lower its annual earnings and gross sales forecast. For the fiscal third quarter, the footwear retailer posted earnings per share (EPS)…
Seven & i considers IPO for North American units- report
In a major transfer, Seven & i Holdings Co. is considering an preliminary public providing (IPO) for its North American comfort shops and gasoline stations enterprise, Bloomberg Information reported. This technique is a part of a proposed ¥9 trillion ($60…
