Wall Street regulator adopts new rules for swap trading facilities
(Reuters) – The U.S. Securities and Exchange Commission on Thursday adopted new rules governing security-based swap trading platforms, implementing a…
Moderna reins in 2023 COVID vaccine forecast, shares tumble
(Reuters) – Moderna on Thursday said its 2023 sales would only hit the low end of its $6 billion to…
Swiss digital finance pioneers new era with wholesale CBDC project
A consortium of Swiss financial institutions is set to revolutionize digital financial markets through the launch of Helvetia Phase III,…
Shopify (NYSE:SHOP) Beats Q3 Sales Targets, Stock Jumps 17.1%
E-Commerce software platform Shopify (NYSE:SHOP) reported Q3 FY2023 results topping analysts’ expectations, with revenue up 25.5% year on year to…
SoftBank Corp raises $800 million through Japan’s first listing of bond-type shares
(Reuters) – Japan’s SoftBank (TYO:9984) Corp’s bond-type shares were listed on the Tokyo Stock Exchange on Thursday in the first…
Hugo Boss reaffirms 2023 outlook amid luxury downturn, shares rise
(Reuters) – Hugo Boss on Thursday reaffirmed its full-year outlook after posting quarterly results in line with analysts’ expectations, supported…
Airbnb slips after guiding below expectations for fourth quarter; Reactions mixed
Airbnb Inc (ABNB) shares were falling after the home-sharing company reported slightly better than expected revenue but guided below consensus…
AT&T shares rise for third consecutive day, outpacing Disney but trailing Netflix and Comcast
In a booming market on Wednesday, with the S&P 500 Index reaching 4,237.86 and the Dow Jones Industrial Average hitting…
Russia’s dominant lender Sberbank posts record Q3 profits
(Reuters) – Russia’s dominant lender Sberbank reported a record quarterly profit of 411.4 billion roubles ($4.41 billion) on Thursday and…
Novo Nordisk sees double-digit Wegovy sales growth next year despite supply curbs
(Reuters) – Novo Nordisk (NYSE:NVO) said on Thursday it expects another year of double-digit sales growth for its two most…