Donald Trump Launches $TRUMP Meme Coin—Token Hits $9 Billion Market Cap.
President-elect Donald Trump on Friday has a market capitalization of about $9 billion—after hitting a peak of over $15 billion early Sunday—marking […]
BofA says Trump will backstop stocks this year, but to closely watch one key area of the market.
Michael Hartnett, an investment strategist at the bank, said that while President-elect Donald Trump’s influence and policies could provide a safety net […]
Rachel Reeves faces £20bn black hole as economy slumps behind America.
Chancellor Rachel Reeves faces a £20bn black hole in the public finances as Britain’s economy struggles with weak growth and soaring borrowing […]
Commerzbank explores thousands of job cuts after approach from UniCredit.
Commerzbank’s supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after the Italian bank’s surprise […]
Burmans’ Religare open offer to acquire additional 26% stake to start on Jan 27.
Burmans’ Religare Enterprises’ open offer to acquire an additional 26 per cent stake from the open market would commence on January 27 […]
Jeep maker Stellantis delivers 12% fewer cars in 2024.
Paris: Global automaker Stellantis reported Thursday a stinging 12 percent drop in the number of vehicles it sold last year, with its […]
Chinese economic growth among slowest in decades, and it could fall further.
Beijing has in recent months announced its most aggressive support measures for years in a bid to reignite an economy that had […]
Gold price will hit fresh ATH of $3,175 in 2025, spot silver to trade above $38 per ounce – Metals Daily CEO Ross Norman.
Gold prices will approach $3,200 this year, while silver will get close to $40 per ounce in 2025, according to Ross Norman, CEO […]
Goldman Sachs shares rise after topping estimates on strong trading results.
The bank said profit roughly doubled from a year earlier to $4.11 billion, or $11.95 a share, as revenue grew while expenses […]
UK economy’s disappointing November growth fuels the case for Bank of England rate cut.
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics (ONS) showed Thursday, […]
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
Here’s what the company reported: The bank said quarterly profit more than doubled to $3.71 billion, or $2.22 a share, from a […]
China Cash Squeeze Rolls on Even After Central Bank’s Infusions.
China’s cash squeeze extended with some signs of disruption to trading, as a liquidity infusion from Beijing failed to counteract a spike […]