Boycott campaigns over Gaza war hit Western brands in some Arab countries
(Reuters) – Midway through a recent evening in Cairo, a worker cleaned tables in an empty McDonald’s restaurant. Branches of…
Energy stocks lag behind broader market rally
The general stock market has experienced a sharp rise, with the S&P 500 and Nasdaq climbing significantly. However, energy stocks…
Mizuho initiated coverage on Shoals Technologies with a Buy rating
Shoals Technologies Group, Inc. (NASDAQ:SHLS), a prominent player in the solar energy sector, has garnered a positive outlook from Mizuho,…
Volkswagen becomes the latest automaker to hike wages for U.S. factory workers
(Reuters) – Volkswagen (ETR:VOWG_p) said on Wednesday that it would hike salaries for production workers at its Tennessee-based Chattanooga assembly…
Citigroup to launch direct-lending initiative in $1.6 trillion private credit market
Citigroup Inc (NYSE:C). is set to expand its footprint in the lucrative private credit domain with a new direct-lending initiative…
Analysis-Britain’s growth bet on pension pots a long haul task
(Reuters) – Britain’s plans for nudging billions of pounds of pension cash into new UK companies to boost growth and…
German lawmaker proposes Bitcoin as legal tender, emphasizing privacy
In a notable development within the German parliament, Bundestag member Joana Cotar has put forward a pioneering proposal that could…
Goldman Sachs sees gains for China indexes in 2024, optimistic on A-shares
Goldman Sachs has projected a bullish outlook for China’s stock market in 2024, with anticipated gains of 12% for the…
Analysis-Big investors say US markets rally could prove short-lived
(Reuters) – The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a…
Seoul stock exchange declines amid inflation fears and Nvidia’s poor performance
The Seoul stock exchange faced a downturn today, as the KOSPI index fell to 2,496.50 in early trading, reflecting broader…