News Blog

FedEx’s freight spinoff plan to fortify core business, boost industry

FedEx’s decision to spin off its freight truckload segment will strengthen the business while allowing the parcel delivery giant to better tackle challenges in its core operations, analysts said on Friday

Novo Nordisk shares plunge 19% after disappointing trial results; Lilly jumps in premarket

Shares of Danish pharmaceutical giant Novo Nordisk plummeted more than 24% at one point on Friday after reporting results in a late-stage trial for its experimental CagriSema weight loss drug that missed expectations.

Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue

Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS).

Donald Trump tells EU to buy US oil and gas or face tariffs

US president-elect Donald Trump has warned the EU that it must commit to buying “large scale” amounts of US oil and gas or face tariffs, in his first trade salvo against Brussels since his election victory.

Starbucks workers’ union plans strike in 3 US cities as bargaining talks break down

The workers’ union representing over 10,000 baristas at Starbucks said its members will strike at stores in Los Angeles, Chicago, and Seattle for five days starting Friday, citing unresolved issues over wages, staffing and schedules.

Aegean: Το «πέρασμα» στην Ινδία από το 2027

H Aegean επένδυσε σε τέσσερα νέα Airbus A321neo τα οποία έχουν σημαντικά μεγαλύτερη εμβέλεια – Τι αποκάλυψε ο Ευτύχης Βασιλάκης στο συνέδριο του ΣΕΤΕ

S&P: Ανερχόμενο αστέρι η Ελλάδα – Aνάπτυξη 2,5% το 2025, χρέος κάτω του 120% το 2027

Στα ανερχόμενα αστέρια της Ευρώπης συγκαταλέγει η S&P Global Ratings την Ελλάδα, καθώς διατηρεί θετικές προοπτικές για την πιστοληπτική αξιολόγηση BBB- και δηλώνει ότι θα μπορούσε να αναβαθμίσει το αξιόχρεο της χώρας εάν το χρέος μειωθεί περαιτέρω.

Η Τέρνα ανάδοχος για τα έργα πρώτης φάσης στο κτίριο της ΔΕΗ

Ξεκινά η επένδυση για το νέο κτιριακό συγκρότημα που θα στεγάσει τις κεντρικές υπηρεσίες της Επιχείρησης στη Λεωφ. Μεσογείων. Αρχική εκτίμηση για συνολικό κόστος 110 εκατ. ευρώ.

Eurobank: Ξεκινά η συγχώνευση της μητρικής Eurobank Holdings με την τράπεζα

Η “Eurobank Ergasias Υπηρεσιών και Συμμετοχών Ανώνυμη Εταιρεία” (“Eurobank Holdings”) ανακοινώνει ότι το Διοικητικό Συμβούλιό της αποφάσισε στις 18.12.2024 την έναρξη της διαδικασίας συγχώνευσης της Eurobank Holdings με την 100% θυγατρική της “Τράπεζα Eurobank Aνώνυμη Eταιρεία” (“Τράπεζα”) με απορρόφηση της Eurobank Holdings από την Τράπεζα.

Με 49,9% μπαίνει στο Great Sea Interconnector η γαλλική Meridiam

Ποσοστό 49,9% στο project της ηλεκτρικής διασύνδεσης Ελλάδας-Κύπρου-Ισραήλ, Great Sea Interconnector, απέκτησε η Meridiam, σύμφωνα με το Bloomberg.

Jobless claims fall to 220,000. Q3 GDP upped to 3.1%. Philly Fed tumbles.

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

Porsche-Piëch family pushes for Volkswagen plant closures

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.

China Airlines Orders Airbus, Boeing Jets in $11.9 Billion Deal

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 to Buy 9.9% Stake in Canadian Lithium Company Patriot for $48 Million

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.

Bank of Japan holds rates at 0.25%, yen weakens to over four-month low

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 trims annual profit forecast as higher promotions to dent margins

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.

France to Push Ahead With €300 Billion Bond Plan Without Budget

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.

US Supreme Court will review TikTok divest-or-ban law

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 slumps as bleak quarterly forecast clouds AI-related boost

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 Stock Is Rebounding. Thank AI and the U.S. Army.

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.