H&M to phase out virgin down by the end of 2025
LONDON (Reuters) – Swedish clothing retailer H&M (ST:HMb) said on Friday it plans to phase out its use of virgin…
Musk’s X seeks resumption of Brazil service as fines paid
By Luciana Magalhaes SAO PAULO (Reuters) -Elon Musk-owned social media platform X has filed a fresh request to resume services…
Factbox-AI startups ride on investor frenzy to raise billions in 2024
(Reuters) – OpenAI recently closed a $6.6 billion funding round at a $157 billion valuation that highlighted the enthusiasm around…
UAW workers at Stellantis vote in favor of strike authorization at LA parts center
(Reuters) – The United Auto Workers union said on Friday that members at Stellantis (NYSE:STLA)’ Los Angeles parts distribution center…
Xiaomi stock target raised at Goldman on EV success
Investing.com — Goldman Sachs raised its 12-month price target for Xiaomi (OTC:XIACF) Corp. to HK$27.5, up from HK$24.7, citing stronger-than-expected…
Indian markets tumble amid escalating Middle East tensions; auto and oil stocks take a hit
Indian equity benchmarks, BSE Sensex and NSE Nifty 50 tanked at the opening bell on Thursday on weak global cues…
China’s market rebound attracts global investors, pulls capital away from Asian rivals
A significant rally in Chinese stocks is prompting a shift in global portfolios, as investors seek to capitalize on new…
BoE’s Bailey hints at more aggressive rate cuts amid inflation and geopolitical concerns
The Bank of England (BoE) could adopt a more aggressive stance on interest rate cuts if inflation data continues to…
Turkey’s inflation drops to 49.4% in September, but rate cuts could be delayed
Turkey’s annual inflation rate slowed to 49.4% in September 2024, down from 52% in August, according to data released by…
European stocks slip as tech and auto sectors plunge, inflation data fuels rate cut hopes
European stock markets closed lower on Thursday, with the technology sector leading the decline, notably impacted by German software giant…