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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.
By Chandini Monnappa and Lawrence White LONDON (Reuters) -British insurer Aviva (LON:AV) might minimize as much as 2,300 jobs because it takes over smaller rival Direct Line (LON:DLGD) in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the businesses stated…
Investing.com — Shares of Evolution (ST:EVOG) fell by greater than 10% on Monday after the UK Playing Fee has initiated a overview of the corporate’s UK working licence. This transfer stems from the invention that Evolution’s video games had been…
Investing.com — With simply over six buying and selling days left in 2024, the Santa Claus rally in shares is “nowhere in sight,” Piper Sandler analysts stated in a observe. The funding agency’s technical analysis highlights that U.S. equities stay…
By Danial Azhar KUALA LUMPUR (Reuters) -Scandal-hit Malaysian state fund 1Malaysia Improvement Berhad stated on Monday it has filed a authorized declare of greater than $1 billion towards company providers supplier Amicorp Group and its CEO, alleging the agency knowingly…
Investing.com — Analysts at Capital Economics stated in a analysis word Monday that they’re sustaining their 2025 year-end forecast of seven,000 regardless of the stoop final week following the FOMC assembly. “We’re sticking to our forecast that the S&P 500 will…
By Jaspreet Singh and Aditya Soni (Reuters) -Workplace tools producer Xerox (NASDAQ:XRX) has agreed to purchase Chinese language-owned printer and printing software program maker Lexmark Worldwide in a $1.5 billion deal to develop its presence in Asian markets and higher…
(Reuters) – Credit score rankings company Moody’s (NYSE:MCO) on Monday raised Sri Lanka’s long-term overseas foreign money issuer ranking to ‘Caa1’ from ‘Ca’ with a secure outlook, after the nation’s collectors accepted a $12.55 billion debt overhaul final week. Sri…
Investing.com — European inventory markets closed in a muted vogue at first of a holiday-shortened week, whereas financial development within the UK stalled. At 11:30 ET (16:30 GMT), Germany’s DAX fell 0.3%, France’s CAC 40 dropped 0.03%, whereas the UK’s…
By Ozan Ergenay and Andrey Sychev (Reuters) – Volkswagen (ETR:VOWG_p) shares have been down 3% in early commerce on Monday with analysts citing uncertainty in regards to the automaker’s cost-cutting cope with unions and sure headwinds in 2025. Friday’s settlement,…
Investing.com — Tesla’s fourth-quarter 2024 supply figures, whereas anticipated to hit a document excessive, are unlikely to considerably transfer the inventory, in keeping with a observe from Barclays (LON:BARC). Analysts on the financial institution estimate This fall deliveries at ~515,000 items,…