A tense and divided morning is unfolding across European markets, with stocks opening to a mixed and hesitant picture as the long-feared US government shutdown becomes a reality. This political crisis in Washington is casting a long and anxious shadow across the Atlantic, overshadowing a strong quarterly performance and forcing investors into a state of
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A tense and divided morning is unfolding across European markets, with stocks opening to a mixed and hesitant picture as the long-feared US government shutdown becomes a reality. This political crisis in Washington is casting a long and anxious shadow across the Atlantic, overshadowing a strong quarterly performance and forcing investors into a state of
22The phrase “Sell America” stormed into the headlines earlier this year. It seemed as if global investors were finally turning their backs on US markets for good. The term has been around since the 1980s, but this time, the trigger was President Trump’s “Liberation Day” tariffs in April. When stocks, bonds, and the dollar fall
The phrase “Sell America” stormed into the headlines earlier this year. It seemed as if global investors were finally turning their backs on US markets for good. The term has been around since the 1980s, but this time, the trigger was President Trump’s “Liberation Day” tariffs in April. When stocks, bonds, and the dollar fall
25Shares of British baker and fast-food chain Greggs rose 11.5% to 1,790p on Wednesday, topping the FTSE mid-cap index, after the company reaffirmed its full-year profit guidance despite a slowdown in underlying sales growth during the third quarter. By 9:10 am, the stock had given up some of the gains and was higher by about
Shares of British baker and fast-food chain Greggs rose 11.5% to 1,790p on Wednesday, topping the FTSE mid-cap index, after the company reaffirmed its full-year profit guidance despite a slowdown in underlying sales growth during the third quarter. By 9:10 am, the stock had given up some of the gains and was higher by about
24Southeast Asia’s onshore wind power sector, long hampered by regulatory obstacles and reliance on fossil fuels, is on the cusp of a major transformation, with capacity projected to quadruple from 6.5 gigawatts (GW) in 2024 to 26 GW by 2030, according to a new analysis by Rystad Energy. “This resurgence is fueled by a combination
Southeast Asia’s onshore wind power sector, long hampered by regulatory obstacles and reliance on fossil fuels, is on the cusp of a major transformation, with capacity projected to quadruple from 6.5 gigawatts (GW) in 2024 to 26 GW by 2030, according to a new analysis by Rystad Energy. “This resurgence is fueled by a combination
23On Wednesday, Lithium Americas, a Vancouver-based company, announced that the US Department of Energy (DOE) has acquired a 5% stake in the company. Additionally, the DOE has taken a separate 5% stake in the Thacker Pass lithium project, a joint venture with General Motors. Lithium Americas saw a significant premarket surge, with its US-listed shares
On Wednesday, Lithium Americas, a Vancouver-based company, announced that the US Department of Energy (DOE) has acquired a 5% stake in the company. Additionally, the DOE has taken a separate 5% stake in the Thacker Pass lithium project, a joint venture with General Motors. Lithium Americas saw a significant premarket surge, with its US-listed shares
21Dow futures tanked 230 points on Wednesday as the government entered its first shutdown in nearly seven years, stirring market unease. The sentiment was seen across all US stock futures as the S&P 500 futures slipped 50 points, while Nasdaq futures took a sharper plunge of over 180 points. The investors turned cautious as the
Dow futures tanked 230 points on Wednesday as the government entered its first shutdown in nearly seven years, stirring market unease. The sentiment was seen across all US stock futures as the S&P 500 futures slipped 50 points, while Nasdaq futures took a sharper plunge of over 180 points. The investors turned cautious as the
21Tesla’s sales showed signs of recovery in parts of Europe during September, with gains in France, Denmark, Norway, and Spain, but continued weakness in Sweden underscored the US electric-vehicle maker’s uneven performance across the region. The Tesla stock has rallied about 70% in the past six months and climbed 33% in September alone. Tesla’s European
Tesla’s sales showed signs of recovery in parts of Europe during September, with gains in France, Denmark, Norway, and Spain, but continued weakness in Sweden underscored the US electric-vehicle maker’s uneven performance across the region. The Tesla stock has rallied about 70% in the past six months and climbed 33% in September alone. Tesla’s European
24US conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder value, sharpen management focus, and respond to market demands. Corteva said on Wednesday that it plans to spin off its seed business into a separate publicly traded company, joining a wave of major firms pursuing
US conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder value, sharpen management focus, and respond to market demands. Corteva said on Wednesday that it plans to spin off its seed business into a separate publicly traded company, joining a wave of major firms pursuing
25Argentum AI (AAI), a pioneering marketplace designed to democratize access to computing power worldwide, today announced the closing of an oversubscribed pre-seed funding round led by prominent investors Kraken, Banyan Ventures, Victor Morganstern, and Todd Bensen. This significant capital injection enables Argentum AI to accelerate its mission of creating a decentralized, AI-enabled distributed compute marketplace
Argentum AI (AAI), a pioneering marketplace designed to democratize access to computing power worldwide, today announced the closing of an oversubscribed pre-seed funding round led by prominent investors Kraken, Banyan Ventures, Victor Morganstern, and Todd Bensen. This significant capital injection enables Argentum AI to accelerate its mission of creating a decentralized, AI-enabled distributed compute marketplace
21Shares in U.S. utility AES Corp. surged more than 12% in premarket trading Wednesday after reports that BlackRock-owned Global Infrastructure Partners (GIP) is preparing a takeover bid worth about $38 billion. If completed, the transaction would rank among the largest infrastructure acquisitions in history. The Financial Times first reported that GIP, a specialist in infrastructure
Shares in U.S. utility AES Corp. surged more than 12% in premarket trading Wednesday after reports that BlackRock-owned Global Infrastructure Partners (GIP) is preparing a takeover bid worth about $38 billion. If completed, the transaction would rank among the largest infrastructure acquisitions in history. The Financial Times first reported that GIP, a specialist in infrastructure
