News Blog

Initial U.S. jobless claims drop to 220,000 in Dec. 14 week from 242,000 in prior week. Continuing jobless claims decline by 5,000 to 1.87 million. U.S. GDP growth in third quarter revised up to to 3.1% from 2.9%. Philadelphia Fed manufacturing survey tumbles to -16.4 in December from -5.5 in November

The billionaire Porsche-Piëch family, Volkswagen’s majority owner, has taken a hardline stance in backing the company’s plans to close several German factories, as the threat of diminished dividends looms.

Taiwan’s China Airlines Ltd. will order two dozen Boeing Co. and Airbus SE long-range passenger and air cargo jets as it seeks to renew its fleet of older planes.

Volkswagen green up pointing triangle said it will invest $48 million in Canadian lithium company Patriot Battery Metals, as it seeks to secure the supply of lithium raw materials from North America.

The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, opting to take the time to assess the impact of financial and foreign exchange markets on Japan’s economic activity and prices.

Conagra Brands on Thursday trimmed its annual profit forecast on signs that price reductions on its products across grocery, snacks and frozen food items to spark demand will weigh on its margins.

Agence France Tresor, or AFT, said it will sell €300 billion in government bonds next year, net of buybacks. That’s in line with the forecast in the original plan announced in October, following €285 billion of sales this year.

The US Supreme Court on Wednesday said it will hear TikTok’s appeal against a divest-or-ban law that will determine the video app’s fate in the US.

Micron Technology shares plummeted 15% in premarket trading on Thursday following a dismal forecast that signaled a squeeze from weak demand for personal computers and smartphones, overshadowing a solid lift from sales of AI-related chips.

Palantir Technologies, the artificial intelligence-software company whose biggest customer is the U.S. government, won new contracts with the Army worth up to $619 million. Shares are rising.

Oil prices fell on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in 2025, which could hurt economic growth, reduce fuel demand and strengthen the dollar.

Shares of CarMax Inc. were rallying toward their first gain in six sessions in early Thursday trading, after the used vehicle seller reported fiscal third-quarter earnings that rose well above expectations, as lower prices helped boost sales.

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush, aiming to pressure the retailer into contract talks with their union.

Accenture stock climbed in premarket trading Thursday after the professional services company reported an earnings beat in its fiscal first quarter and raised its fiscal 2025 revenue outlook.

The biggest vessel-ordering program since the eve of the global financial crisis is putting a squeeze on the shipbuilding industry’s capacity to construct new vessels.

Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts’ expectations and better-than-expected same-store sales growth at Olive Garden and LongHorn Steakhouse.

The Bank of England kept its main interest rate unchanged at 4.75% on Thursday but policymakers became more divided about whether rate cuts were needed to tackle a slowing economy

Εντός του πρώτου εξαμήνου του 2025 αναμένεται η έκδοση της οικοδομικής άδειας για την ανάπτυξη του Cambas Project από τη REDS του ομίλου Ελλάκτωρ.

Η Πειραιώς ολοκλήρωσε τη σύναψη συμβάσεων για τη χρηματοδότηση 117 επενδυτικών σχεδίων, συνολικού ύψους άνω των €6 δισ., αξιοποιώντας πόρους του Ταμείου Ανάκαμψης και Ανθεκτικότητας (ΤΑΑ) ύψους €1,5 δισ. και κεφάλαια της Τράπεζας ύψους €1,25 δισ.

Ωριμάζει η διαδικασία για την ανάπλαση του εργοστασίου της Πίτσος που έχει περιέλθει στην ιδιοκτησία της Σκλαβενίτης ήδη από το 2023.