Nigerian Naira plunges to new lows against US Dollar
The Nigerian Naira has continued its decline, hitting record lows in both the official and parallel foreign exchange markets. Amidst…
Power Grid Corporation sanctioned for governance non-compliance
Power Grid Corporation, a leading state-owned electric utility company, is currently under scrutiny for failing to meet corporate governance standards…
Marketmind: Giving thanks you’re not in China stocks
A look at the day ahead in U.S. and global markets from Mike Dolan As Americans take a quick peek…
Nissan will invest $1.4B to build new EVs in Britain
Nissan (OTC:NSANY) announced Friday that the company has committed to invest 1.12 billion pounds ($1.4 billion) in its British manufacturing…
Alibaba share price decline post-results overdone, Goldman Sachs sees favorable risk/reward
Goldman Sachs maintained a Buy rating and $134 per share price target on Alibaba (NYSE:BABA) in a note to clients Friday. Analysts…
Citi has balanced view on Salesforce growth/margin outlook
Analysts at Citi raised the firm’s price target on Salesforce (NYSE:CRM) to $247 from $229 per share in a note…
JPMorgan expects ‘significant EPS downgrades’, tells clients to ‘pare back risk’ into 2024
A combination of slowing inflation and weakening consumer strength is expected to result in significant earnings downgrades, leading to potential…
Nvidia, Apple fall premarket; Walmart, iRobot and Vista Outdoor rise
U.S. futures edged higher Friday, in thin trading with the session set to close early the day after the Thanksgiving…
Chinese car sales boom in Russia levels off amid shaky local recovery
(Reuters) – Chinese car sales in Russia appear to have peaked as domestic production recovers after the exodus of Western…
Dollar eases in thin Black Friday trading on bets rates have peaked
(Reuters) – The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged higher…