News Blog

Cloudflare shares leap as BofA double-upgrades to Buy

Bank of America (BofA) analysts double-upgraded Cloudflare (NYSE:NET) to Buy from Underperform on Tuesday, a move driven by the company’s improving fundamentals and significant growth potential in AI and network security.

Oil major Shell vows to boost shareholder returns, doubles down on LNG push

British oil major Shell on Tuesday announced plans to increase shareholder returns and cut spend, as it doubles down on its liquified natural gas (LNG) push.

India eyes tariff cut on more than half of US imports to shield its exports, sources say

India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the two nations are negotiating, two government sources said, the biggest cut in years, aimed at fending off reciprocal tariffs.

Schneider Electric to invest over $700 million in US to power AI boom

Schneider Electric (SCHN.PA), opens new tab said on Tuesday it plans to invest over $700 million in its U.S. operations over the next two years amid tariff threats that could affect the French electrical equipment maker.

Volkswagen Group cooperates with Valeo and Mobileye to enhance driver assistance in future MQB vehicles

Volkswagen Group is working with Valeo and Mobileye to upgrade the advanced driver assistance systems up to Level 2+ (“enhanced partially automated driving”) in its upcoming vehicle portfolio based on the MQB platform.

EU regulators to end Apple’s browser probe after policy changes

EU antitrust authorities are anticipated to conclude their year-long investigation into the browser options provided by Apple (NASDAQ:AAPL) on its iPhones, according to a Reuters report on Tuesday.

China advised to boost consumption to developed country levels by 2035

Peng Sen, president of the China Society of Economic Reform, suggested that the country should aim to raise its consumption levels to match those of developed countries within the next decade.

Citi predicts PBoC may cut rates to support China’s economy

China’s central bank appears to be shifting its monetary policy stance toward accommodation, with Citi forecasting a 50 basis point reserve requirement ratio (RRR) cut in Q2 2025 and a 20 basis point rate cut in Q3 2025.

Merck Will Pay Up to $2 Billion for Chinese Heart Drug Rights

Merck & Co. will pay as much as $2 billion for the rights to Jiangsu Hengrui Pharmaceuticals Co.’s experimental heart drug, the US drugmaker’s second recent foray into China for a novel medicine.

Trade of Venezuelan oil to China stalls after new Trump order

Trade of Venezuelan oil to top buyer China stalled on Tuesday after U.S. President Donald Trump’s order threatening tariffs on countries buying from Caracas created fresh uncertainty, days after U.S. sanctions targeting China’s imports from Iran.

Jack Ma’s Ant Group flags AI breakthrough on China-built chips- Bloomberg

Jack Ma-backed Ant Group used Chinese-made semiconductors to develop less costly techniques to train artificial intelligence models, Bloomberg reported on Monday.

Malaysia to crack down on Nvidia chip flows under US pressure

Malaysia is planning to tighten regulations on semiconductors as it comes under US pressure to stem the illicit flow to China of chips crucial to the development of artificial intelligence.

Novo Nordisk strikes $2 billion deal with a Chinese company making a GLP-1 drug

Novo Nordisk announced Monday a $2 billion deal with a Chinese company making a drug in the same GLP-1 space where the Danish company is currently the leading player.

Bayer Shares Plunge After U.S. Court Defeat in Roundup Case

Bayer shares fell sharply after the company was ordered to pay $2.1 billion by a jury in a Georgia state court, the latest legal defeat for the company in a case about its Roundup weedkiller.

China’s Xiaomi to raise up to $5.27 billion from share sale

Chinese smartphone and EV maker Xiaomi Corp is raising up to $5.27 billion in a top-up placement on Monday, according to a term sheet seen by Reuters.

South Korea’s Hyundai to announce $20 billion U.S. investment

South Korean conglomerate Hyundai will announce a $20 billion investment in U.S. onshoring that includes a $5 billion steel plant in Louisiana, according to people familiar with the plans.

James Hardie Agrees to Buy AZEK for $8.75 Billion

Building materials company James Hardie Industries has agreed to buy AZEK, a maker of home decking, railing and pergolas, in a cash-and-stock deal worth $8.75 billion.

Chinese EV giant BYD’s fourth-quarter profit leaps 73%

Chinese electric vehicle maker BYD’s net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it said on Monday, reaping the rewards of lower prices and higher sales than rivals.

Big deal Fairfax με Μetlen – Ο Πρεμ Γουάτσα αυξάνει το ποσοστό του στο 8,35%

Μεγάλη συμφωνία ανακοινώνεται εντός των επόμενων λεπτών μεταξύ του καναδικού fund Fairfax και της Metlen.

Μείωση τιμών και υπερπαραγωγή πράσινης ενέργειας τον Μάρτιο

Σε επίπεδα 30 % κάτω από το Φεβρουάριο κινείται η τιμή της ηλεκτρικής ενέργειας κατά το πρώτο 20ήμερο του Μαρτίου, αποφορτίζοντας τις πιέσεις τόσο προς τους προμηθευτές για αυξημένες εκπτώσεις όσο και προς το υπουργείο Περιβάλλοντος και Ενέργειας για επιδότηση των λογαριασμών, προκειμένου να συγκρατείται κατά το δυνατόν το κόστος για τους οικιακούς καταναλωτές.