German government trims debt sales, signaling reduced financial aid
The German government has announced a reduction in its planned federal debt sales for Q4 2023, marking a significant decrease…
Dollar hits 10-month high as US yields spike, yen recovers from dip
(Reuters) – The dollar rose to a new 10-month peak on Tuesday as U.S. bond yields hit their highest level…
Oil prices fall as economic outlook outweighs tight supply
(Reuters) – Oil prices fell on Tuesday as a stronger U.S. dollar compounded concerns that demand for fuel will be…
Factbox-Amazon.com faces an array of US consumer, state antitrust lawsuits
(Reuters) – A lawsuit by the U.S. Federal Trade Commission against Amazon.com (NASDAQ:AMZN), expected to be filed as soon as…
Microsoft earns upgrade on GenAI prospects: 5 big analyst picks
Microsoft has no more Sell ratings as Guggenheim upgrades Guggenheim upgraded Microsoft (NASDAQ:MSFT) to Neutral from Sell. Following this upgrade,…
Analysis-Cisco’s $28 billion Splunk deal may ignite software deal frenzy
(Reuters) – Cisco Systems (NASDAQ:CSCO)’ $28 billion deal for Splunk (NASDAQ:SPLK) is likely to prompt other technology giants to splash…
Alibaba aims to spin off logistics arm Cainiao in Hong Kong IPO
(Reuters) – Alibaba (NYSE:BABA) Group’s logistics arm Cainiao plans a Hong Kong initial public offering that would make it as…
Wall Street posts gains as investors eye rate outlook
(Reuters) – Wall Street’s main indexes posted gains on Monday, with increases in Amazon.com (NASDAQ:AMZN) shares and the energy sector,…
European luxury stocks face decline amid warnings of slowing demand
European luxury stocks, including LVMH, Kering (EPA:PRTP), Richemont, and Burberry Group (OTC:BURBY) Plc, experienced a decline on Tuesday. This downturn…
Fincare Small Finance Bank gets SEBI approval for IPO after document resubmission
Fincare Small Finance Bank has received approval from the Securities and Exchange Board of India (SEBI) for its initial public…