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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.
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…
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…
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…
(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 (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 (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)…
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…
By Christoph Steitz FRANKFURT (Reuters) -Volkswagen’s CEO and labour boss clashed throughout a workers assembly on Wednesday, with administration pushing for main cuts whereas employees warned of extra strikes if plant closures stay a part of wage negotiations on the…
The deVere Group, a world monetary advisory and asset administration agency, has highlighted three funding megatrends anticipated to form the financial panorama in 2025. These traits are the rise in world battle, the surge in vitality demand, and the transformative…
By Aditya Kalra, Arpan Chaturvedi NEW DELHI (Reuters) -An inside investigation ordered by Pernod Ricard (EPA:PERP) concluded that prime executives at its India enterprise violated the regulation by colluding with alcohol retailers in New Delhi, in keeping with a doc…
