News

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12 Nov 2024 00:28

Endeavor Agrees to Sell OpenBet and IMG Arena for $450 Million

Daily News

Endeavor Group Holdings announced that it has reached an agreement to sell its OpenBet and IMG Arena businesses to a group led by management, known as OB Global, ...

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12 Nov 2024 00:18

23andMe Cuts Workforce by 40%

Daily News

Genetic testing company 23andMe announced on Monday that it will lay off over 200 employees, amounting to approximately 40% of its workforce. This decision is par...

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12 Nov 2024 00:17

Grab Holdings Raises Annual Revenue Forecast, Stocks Surge

Daily News

Grab Holdings, based in Singapore and traded under NASDAQ:GRAB, has updated its revenue forecast for the fiscal year 2024, indicating a stronger-than-expected per...

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11 Nov 2024 21:37

IAC Considers Spinning Off Angi as Dotdash Meredith Boosts Earnings

Daily News

IAC/InterActiveCorp is exploring the possibility of spinning off its home services unit, Angi Inc., while its leading segment, Dotdash Meredith, accelerates reven...

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11 Nov 2024 21:28

Nestlé KitKat Gears Up for Formula 1 Sponsorship

Daily News

As a notable deviation from traditional marketing strategies, Nestle SA's KitKat brand has signed a global sponsorship agreement with Formula 1. The company’s new...

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11 Nov 2024 19:32

European Chip CEOs Warn of the Risks of Nationalist Policies

Daily News

MUNICH - Senior executives from Europe's leading semiconductor companies expressed their concerns on Monday regarding the impact of nationalist industrial policie...

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11 Nov 2024 19:18

Saab Aims for Fighter Jet Deals in Colombia and Peru

Daily News

Swedish defense company Saab has submitted a proposal for the sale of Gripen fighter jets to Colombia and is also pursuing a potential agreement with Peru, CEO Mi...

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11 Nov 2024 18:41

Bitcoin Surge Causes Losses for Short Sellers

Daily News

Short sellers in the cryptocurrency and blockchain sectors have experienced significant losses since November 6, coinciding with a sharp increase in Bitcoin's val...

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11 Nov 2024 18:39

TSX Rises with Technology and Finance Stocks

Daily News

Today, the Toronto Stock Exchange (TSX), Canada's main stock market, opened positively led by gains in the technology and finance sectors. Market participants are...

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11 Nov 2024 18:38

Copper Prices React to U.S. Elections and China's Policies

Daily News

The copper market experienced a volatile week as a response to the U.S. presidential elections and policy announcements from China. Unlike the rally seen after Do...

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11 Nov 2024 18:35

Walmart and Other Retailers Adapt to Climate with Air Analytics

Daily News

Retail giants like Walmart, operating under NYSE: WMT, are increasingly incorporating weather analytics into their business strategies to mitigate the unpredictab...

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11 Nov 2024 18:32

Embraer to Establish Defense Office in Europe

Daily News

Embraer's defense division is preparing to expand its presence in Europe with the opening of a new office due to increasing demand for the C-390 Millennium milita...

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11 Nov 2024 18:31

Brazilian Real Declines Amid Delayed Financial Plan

Daily News

In Brasilia, the Brazilian real experienced a 1% decline against the US dollar on Monday after President Luiz Inacio Lula da Silva's government delayed the announ...

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11 Nov 2024 18:14

Israel and the US Discuss Humanitarian Crisis in Gaza

Daily News

According to a statement from the U.S. Department of State, Israeli Minister of Strategic Affairs Ron Dermer will meet with U.S. Secretary of State Antony Blinken...

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11 Nov 2024 18:13

Swiss National Bank May Maintain a Cautious Stance on Interest Rate Decisions

Daily News

The Swiss National Bank (SNB) has indicated that it is not committed to further lowering interest rates in December. Vice President Antoine Martin stated in an in...

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11 Nov 2024 18:12

Huawei Seeks to Dismiss U.S. Lawsuit Due to Insufficient Evidence

Daily News

As a last move, Huawei Technologies requested a significant part of a federal indictment accusing the Chinese telecommunications giant of attempting to steal trad...

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11 Nov 2024 18:10

FTX Files $1.8 Billion Lawsuit Against Binance

Daily News

Amid a dramatic collapse, the cryptocurrency company FTX has initiated legal proceedings against Binance and the exchange's former CEO Changpeng Zhao. In a lawsui...

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11 Nov 2024 15:39

Morgan Stanley Sells HVAC Company to Goldman Sachs Division

Daily News

Morgan Stanley's (NYSE:MS) private equity division has agreed to sell Sila Services, a heating, ventilation, and air conditioning (HVAC) company, to Goldman Sachs...

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11 Nov 2024 15:34

Intesa Sanpaolo and BlackRock Form Digital Asset Management Alliance in Benelux

Daily News

Italy's largest bank, Intesa Sanpaolo, announced that it has signed a collaboration agreement with the world's largest asset manager, BlackRock, to provide digita...

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11 Nov 2024 15:31

Bain Capital Delays Planned Bid for Fuji Soft

Daily News

Bain Capital announced that it has postponed its planned bid for Japanese software company Fuji Soft while awaiting the company's approval. The private equity fir...

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11 Nov 2024 15:20

Market Outlook: The Stock Exchange Closes the First Day of the Week with Gains

Daily News

The BIST 100 index closed the day at 9,276.78 points, marking an increase of 91.96 points. According to the survey by Foreks News, the BIST 100 index was expected...

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