News Blog

European Central Bank cuts interest rates by a quarter point in fourth trim of the year: Live updates

The European Central Bank on Thursday announced its fourth interest rate cut of 2024, confirming expectations for a quarter-percentage-point move and lowering its inflation forecast for this and next year.

Initial jobless claims rise unexpectedly, hitting 242K

In a surprising turn of events, the number of initial jobless claims in the United States has seen an unexpected increase. The latest economic data reveals that the actual number of individuals who filed for unemployment insurance for the first time during the past week reached 242K.

MetLife targets double-digit earnings per share gains in new growth plan

MetLife is aiming for double-digit growth in its adjusted earnings per share over the next five years by doubling down on investments in core areas such as group benefits and asset management, its chief executive told Reuters.

Cigna’s stock leads selloff among drug middlemen on breakup fears — but this analyst says it’s not a real risk

Shares of major pharmacy-benefit managers tumbled Wednesday after a report that a bipartisan group of lawmakers is planning to introduce legislation that would break them up — though one healthcare analyst believes such a bill is unlikely to be passed into law.

ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings

ServiceTitan, a provider of cloud software to contractors, priced its IPO at $71 a share on Wednesday, above the expected range.

Nvidia denies rumours it will cut supplies to China

Nvidia said recent social media posts alleging the company would cut supplies to China were false, according to a company post on Chinese social media.

China stresses plans to boost growth at top agenda-setting meeting

China affirmed its recent policy shifts and stressed plans to boost growth in a high-level economic planning meeting that wrapped up Thursday, according to a daily evening news broadcast on state-run CCTV.

Ciena Stock Tumbles as Earnings Misses Estimates. What We Know.

Shares of Ciena were trading lower after the optical networking equipment company reported disappointing quarterly earnings.

Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength

The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim amid an ongoing tussle with depressed inflation and a strong Swiss franc.

Adobe falls as annual revenue forecast triggers concerns on delayed AI returns

Shares of Adobe fell nearly 10% in premarket trading on Thursday after the Photoshop maker’s downbeat full-year revenue forecast led to concerns that returns from AI investments into its software applications might take longer than expected.

ΓΕΚ ΤΕΡΝΑ: Placement με 2,6 εκατομμύρια μετοχές

Ένα placement που εκπέμπει πολλαπλά θετικά μηνύματα πραγματοποιήθηκε πριν από λίγο μέσω του Χ.Α., με 2,6 εκατ. μετοχές της ΓΕΚ ΤΕΡΝΑ να περνούν από τα χέρια του Latsco Family Office σε διεθνείς επενδυτές, στον Πρόεδρο και Διευθύνοντα Σύμβουλο του Ομίλου κ. Γιώργου Περιστέρη και σε άλλα υψηλόβαθμα στελέχη της ΓΕΚ ΤΕΡΝΑ και της ΤΕΡΝΑ ΕΝΕΡΓΕΙΑΚΗ.

Εύσημα για την ελληνική ανάκαμψη από Economist και FT

Εύσημα στην «περιφέρεια» της Ευρωζώνης μία δεκαετία μετά την κρίση χρέους, η οποία παρέλυσε το μπλοκ, δίνουν οι Financial Times, με αφορμή την πολιτική περιδίνηση στη Γαλλία, που έφερε το κόστος δανεισμού υψηλότερα από το αντίστοιχο στην Ελλάδα.

Cenergy: Η Σωληνουργεία Κορίνθου αναλαμβάνει σημαντικά έργα στη Βόρεια Θάλασσα

Η Cenergy Holdings ανακοινώνει πως η Subsea7 ανέθεσε στη Σωληνουργεία Κορίνθου, τον κλάδο της σωλήνων χάλυβα, δύο σημαντικά συμβόλαια για υποθαλάσσια έργα στη Βόρεια Θάλασσα.

Όμιλος ΔΕΗ: Ξεκινά την παραγωγή ενέργειας από ΑΠΕ στην Ιταλία

Την είσοδό του Ομίλου ΔΕΗ στην Ιταλική αγορά Ανανεώσιμων Πηγών Ενέργειας σηματοδοτεί η έναρξη της λειτουργίας δύο νέων φωτοβολταϊκών σταθμών συνολικής εγκατεστημένης ισχύος 32 MW.

Metlen: Στα ραντάρ της η αγορά της Γερμανίας για έργα ΑΠΕ και αποθήκευσης

Αυξημένη διείσδυση σε έργα αποθήκευσης ενέργειας εντός και εκτός Ελλάδας, σχεδιάζει ο τομέας της M Renewables, που αποτελεί τον πράσινο ενεργειακό πυλώνα της Μetlen Energy Of Metals στον τομέα των Ανανεώσιμων Πηγών Ενέργειας και μονάδων Αποθήκευσης.

Rare quarterly miss hits Zara owner Inditex shares

Zara owner Inditex posted a rare miss on quarterly sales and profit on Wednesday, although the world’s biggest listed fast-fashion retailer said the holiday shopping season had got off to a good start.

Kroger’s Deal for Grocer Rival Albertsons Blocked by Judge

A federal district court judge in Oregon has issued a preliminary injunction blocking Kroger’s planned acquisition of Alberstons, in a deal valued at more than $24 billion. The suit was brought by the Federal Trade Commission, eight states, and the District of Columbia.

Annual inflation rate accelerates to 2.7% in November, as expected

Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and policymakers.

Apple adds ChatGPT to iPhone in latest iOS update

Apple on Wednesday started integrating OpenAI’s ChatGPT into its devices, delivering on a long-awaited feature that investors hope will help drive sales of its latest iPhones.

US Considers New Russia Oil Sanctions to Weaken Putin Ahead of Trump

The Biden administration is weighing new, harsher sanctions against Russia’s lucrative oil trade, seeking to tighten the squeeze on the Kremlin’s war machine just weeks before Donald Trump to the White House.