News Blog

World Bank raises China’s GDP forecast for 2024, 2025

The World Bank raised on Thursday its forecast for China’s economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, would keep weighing it down next year.

Japan’s budget to hit record, but with reduced new bond issuance, draft shows

Japan’s government is set to compile a record $735 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world’s heaviest debt, a draft seen by Reuters showed.

China to ramp up fiscal support for consumption next year

China will ramp up fiscal support for consumption next year by raising pensions and medical insurance subsidies for residents as well as expanding consumer goods trade-ins, its finance ministry said on Tuesday.

Starbucks strike to expand to over 300 US stores on Christmas Eve, union says

A strike at Starbucks will expand to over 300 U.S. stores on Tuesday, with more than 5,000 workers expected to walk off the job before the five-day work stoppage ends later on Christmas Eve, the workers’ union said.

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid merger talks with Nissan

President Biden to decide fate of Nippon Steel’s $15 billion bid for US Steel

Nippon Steel’s $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said he opposes.

Brief American Airlines Groundstop Is Canceled, FAA Says

American Airlines Group Inc. said it’s experiencing technical issues affecting all of its flights, disrupting operations on one of the busiest travel days of the year. “Your safety is our utmost priority, once this is rectified, we’ll have you safely on your way to your destination,” the airline said in a statement on X, without providing any more details on the nature of the issue.

US Fed floats major changes to bank stress tests in light of legal rulings

The U.S. Federal Reserve said on Monday it was considering major changes to its annual bank “stress tests” in light of recent legal developments, including allowing lenders to provide comment on the models it uses, in a major victory for Wall Street banks.

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.

Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.

Xerox to buy printer maker Lexmark from Chinese owners in $1.5 bln deal

Office equipment manufacturer Xerox will buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to bolster its mainstay business, the companies said on Monday.

Qualcomm Scores a Victory in Its Dispute With Longtime Partner Arm

A Delaware jury sided with Qualcomm in its long-running dispute with Arm on Friday afternoon. This was a unique case in which Arm sued one of its best customers.

Netflix broadens live-sports footprint with Women’s World Cup. Bigger subscriber base and ad reach foreseen.

Netflix and FIFA have agreed to a U.S. broadcast deal for the 2027 and 2031 Women’s World Cup, further expanding the streaming company’s footprint in the live-sports category, which includes NFL, boxing and WWE content.

Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion

Dutch technology investor Prosus NV said on Monday it would buy Latin America-focused online travel agency Despegar.com Corp for about $1.7 billion in cash, as it looks to expand its services across Latin America.

Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales.

Universal Music Group Expands Partnership With Amazon Music

Universal Music Group NV, the world’s largest record label, expanded its global partnership with Amazon.com Inc’s premium music service to boost fan engagement and fraud protection 

Volkswagen shares fall as market struggles to digest unions deal

Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker’s cost-cutting deal with unions and likely headwinds in 2025.

U.S. launches new probe into legacy Chinese chips as tech pressure on Beijing escalates

The Biden administration on Monday said it launched a new probe into legacy Chinese semiconductors that may go into everything from cars to household goods and defense systems.

Χρηματιστήριο Αθηνών: Θετικό το αφήγημα και για το 2025, σύμφωνα με τους αναλυτές

Η ελληνική χρηματιστηριακή αγορά βαδίζει για ακόμη μία χρονιά με άνοδο, συμπληρώνοντας τέσσερα συνεχή έτη, με τον Γενικό Δείκτη συνολικά να καταγράφει κέρδη άνω του 70%. Υπάρχουν ακόμα αρκετοί καταλύτες που θα μπορούσαν να συντηρήσουν την θετική πορεία των ελληνικών μετοχών και την επόμενη χρονιά, ήταν το μήνυμα των αναλυτών που συμμετείχαν στο 26ο ετήσιο Capital Link Forum, που διοργανώθηκε προσφάτως στη Νέα Υόρκη.

Τέρνα Ενεργειακή: Στο 84,78% το ποσοστό της Masdar

Σύμφωνα με το άρθρο 24, παράγραφος 2(α) και (β) του Ν. 3461/2006, η ανώνυμη εταιρεία με την επωνυμία “MASDAR HELLAS ΜΟΝΟΠΡΟΣΩΠΗ Α.Ε.” (στο εξής ο “Προτείνων”) δηλώνει ότι, στις 20.12.2024, απέκτησε συνολικά 16.984.573 κοινές ονομαστικές μετοχές εκδόσεως της ανώνυμης εταιρείας με την επωνυμία “ΤΕΡΝΑ ΕΝΕΡΓΕΙΑΚΗ ΑΝΩΝΥΜΗ ΒΙΟΜΗΧΑΝΙΚΗ ΕΜΠΟΡΙΚΗ ΤΕΧΝΙΚΗ ΕΤΑΙΡΕΙΑ”.