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Browsing: Business
Shares of H&M fell on Thursday after the Swedish fashion retailer reported lower-than-expected fourth-quarter sales, despite a slight increase in full-year operating profit. The company cited…
British energy giant Shell reported a 16% drop in full-year profit for 2024, citing weaker oil and gas prices, lower refining margins, and reduced demand. Despite…
Russia achieved a historic milestone in 2024, with grain exports reaching a record-breaking 72 million tonnes, according to data released by the Russian Agricultural Export Development Centre,…
Nvidia shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that raised concerns about the…
The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The move,…
Amazon announced it will close all seven of its warehouses in Quebec, Canada, over the next two months, eliminating approximately 1,700 full-time jobs and 250 temporary positions. The…
Former U.S. President Donald Trump has unveiled a groundbreaking private-sector initiative involving a $500 billion investment in artificial intelligence infrastructure. The announcement, made on Tuesday alongside key figures…
As President-elect Donald Trump prepares to begin his second term, the U.S. stock market is entering a unique and unprecedented phase, defined by historic gains and high levels…
Quantum computing stocks surged on Wednesday after Microsoft unveiled its directive urging businesses to become “quantum-ready” by 2025. The announcement, paired with broader investor optimism fueled by easing inflation…
Moderna Inc. experienced a sharp 18% drop in stock value on Monday after the company significantly reduced its 2025 revenue forecast by $1 billion. The biotech firm…
