China's State-Owned Funds Invest Billions to Bolster Stock Market
Business & Markets • 3 months ago
National team purchases shares amid a global downturn in technology and chip stocks.
Business & Markets News
AI Supply Deals Face Uncertainty Amidst Demand Frenzy
Business & Markets • 3 months ago
Long-term agreements for AI chip components are not as stable as advertised, raising questions about sustained supply.
Fiat Halts Imports of Two Electric Models to Australia Amidst Chinese EV Competition
Business & Markets • 3 months ago
The Italian automaker cites market conditions driven by an influx of Chinese electric vehicles as the reason for discontinuing the Fiat 500e and Abarth 500e in the Australian market.
Segro Rejects Prologis' Latest $13.5 Billion Takeover Bid
Business & Markets • 3 months ago
The UK property firm stated it was open to further talks if Prologis submits a more attractive offer.
US Stock Futures Rise Amid Tech Gains and Middle East Tensions
Business & Markets • 3 months ago
Futures indicate a slightly higher open for US markets, influenced by technology sector performance and ongoing geopolitical concerns.
Ryanair Profits Fall One-Third Amid Summer Demand Weakness
Business & Markets • 3 months ago
Budget airline cuts prices due to higher fuel costs and consumer hesitancy linked to Middle East conflict.
Ryanair Profits Fall 33% Amid Summer Demand Slump
Business & Markets • 3 months ago
The budget airline cited higher fuel costs and weaker demand, leading to price cuts and a suspension of annual guidance.
Prysmian Secures $6.29 Billion Data-Center Cable Deal With Koch-Owned Molex
Business & Markets • 3 months ago
The 10-year agreement aims to bolster Prysmian's fiber capacity in the U.S., with potential listing being considered.
Oil Prices Surge Past $90 Amid Escalating Mideast Tensions
Business & Markets • 3 months ago
Stock futures showed slight gains as global markets reacted to the geopolitical instability.