China's crude oil imports increased by 22% in July, reaching an average of 8.45 million barrels…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
European Shares Hit Record Highs Amid US-Iran Optimism
European shares closed at a record high for a third consecutive session on Thursday, August 6,…
EasyJet accepts £5.7bn takeover offer from Apollo Global
EasyJet has agreed to a £5.7 billion takeover by Apollo Global Management after rival bidder Castlelake…
SanDisk Reports Strong Q4, Forecasts Upbeat AI-Driven Growth
SanDisk reported fourth-quarter revenue of $8.97 billion, exceeding analyst expectations of $8.39 billion, driven by rising…
Wizz Air Reports €198.2 Million Loss Amid Rising Fuel Costs
Wizz Air reported a net loss of €198.2 million for the quarter ending June 30, a…
Diageo Unveils $1 Billion Cost-Cutting Plan Amid Sales
Diageo announced a $1 billion cost-cutting initiative aimed at reversing declining sales and profits, as new…
Nintendo Profits Surge 53% on US Tariff Refunds, Sales Drop
Nintendo reported a 53.5% increase in profits for the June quarter, driven by refunds from U.S.…
Sandisk’s Mixed Outlook Triggers Selloff in Memory Stocks
Shares of memory and AI-related companies fell sharply on Thursday following Sandisk's mixed earnings outlook. The…
UK Approves Paramount’s $110 Billion Warner Bros. Merger
The British government has approved Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, following assurances…
SoftBank Secures $10 Billion Loan Backed by OpenAI Stake
SoftBank Group Corp. has secured a $10 billion margin loan backed by its stake in OpenAI,…