News Blog

FTC says it will appeal to block Microsoft-Activision deal

The Federal Trade Commission plans to bring its effort to stop Microsoft from closing its Activision Blizzard deal to the 9th Circuit appeals court.

Disney CEO Iger opens door to unloading TV assets as linear business struggles

Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings.

Delta posts record quarterly earnings, hikes full-year outlook on travel boom

Delta Air Lines posted its highest quarterly revenue and earnings ever thanks to scorching travel demand that has defied fears of an economic slowdown for months.

PepsiCo beats earnings estimates, raises full-year outlook even as higher prices hurt demand

PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, despite falling demand for its drinks and food.

IEA trims oil demand forecast for the first time this year on ‘persistent’ economic headwinds

The world’s leading energy watchdog said global oil demand is now on track to climb by 2.2 million barrels per day in 2023 to reach an average of 102.1 million barrels per day.

China’s exports record biggest decline in more than 3 years

Dollar value of China’s exports plunged 12.4% in June from a year ago, a far bigger drop than expectations for a 9.5% decline in a Reuters poll and the 7.5% annual decline in May.

BASF cuts 2023 earnings guidance on weak industrial demand

FRANKFURT, July 12 (Reuters) – German chemicals giant BASF (BASFn.DE) on Wednesday cut its full-year earnings guidance, the latest in a string of chemical companies caught out by weak demand from industrial clients and higher interest rates.

ΔΕΗ: Σε Intrakat – ResInvest – Ameresco η κατασκευή του mega-φωτοβολταϊκού στην Κοζάνη

H κοινοπραξία Intrakat-Ameresco-RESINVEST ανακηρύχθηκε ανάδοχος στον διαγωνισμό της ΔΕΗ Ανανεώσιμες για την κατασκευή φωτοβολταϊκού πάρκου συνολικής ισχύος 171 MW στο δήμο Εορδαίας στην Κοζάνη.

Αγορά ιδίων μετοχών

Ανακοίνωση Αγοράς Ιδίων Μετοχών, ανακοινώνει ότι προέβη την 11.07.2023 σε αγορά 28.358
ιδίων μετοχών με μέση τιμή κτήσης €7,293 ανά μετοχή, συνολικής αξίας €206.811,29.

ΑΒΑΞ: Κάτω του 25% το ποσοστό της CSME Holdings

Η ΑΒΑΞ ενημερώνει πως, σύμφωνα με τις από 12.7.2023 γνωστοποιήσεις που έλαβε από τον κ. Χρήστο Ιωάννου και την ελεγχόμενη από αυτόν, σύμφωνα με τον Ν. 3556/2007, κυπριακή εταιρεία CDSJ HOLDINGS LIMITED – η ελεγχόμενη από την CDSJ HOLDINGS LIMITED κυπριακή εταιρεία CSME HOLDINGS LIMITED μεταβίβασε την 11.7.2023 συνολικά 2.200.000 μετοχές που κατείχε άμεσα στην Εταιρεία και τα αντίστοιχα δικαιώματα ψήφου τα οποία αντιπροσώπευαν ποσοστό 1,524% του συνόλου των δικαιωμάτων ψήφου της Εταιρείας, ως εκ τούτου το συνολικό (άμεσο και έμμεσο) ποσοστό που διαθέτει η CSME HOLDINGS LIMITED στην Εταιρεία κατήλθε του ορίου του 25%.

ΕΛΣΤΑΤ: Αύξηση 10,8% σημείωσαν οι πωλήσεις των αυτοκινήτων τον Ιούνιο

Αύξηση 10,8% σημείωσαν οι πωλήσεις των αυτοκινήτων στη χώρα τον Ιούνιο εφέτος, καθώς, σύμφωνα με την ΕΛΣΤΑΤ, τον συγκεκριμένο μήνα κυκλοφόρησαν για πρώτη φορά 23.427 αυτοκίνητα (καινούργια ή μεταχειρισμένα εξωτερικού), έναντι 21.135 που κυκλοφόρησαν τον αντίστοιχο μήνα του 2022 (μείωση 6,9% είχε παρουσιαστεί τον Ιούνιο 2022 σε σχέση με τον αντίστοιχο μήνα του 2021).

LG Electronics targets $77 billion in sales by 2030, holds high hopes for vehicle components

It plans to become a global top 10 company in vehicle components by more than doubling revenue to 20 trillion won by 2030, while strengthening service platforms on its home appliance and TV businesses that generate recurring profits, such as media subscriptions and rentals.

FTC Loses First Bid to Block Microsoft’s Acquisition of Activision Blizzard. The Focus Turns to U.K. Regulators.

The Federal Trade Commission has lost its request for a preliminary injunction to block Microsoft’s $69 billion deal to purchase Activision Blizzard, according to a ruling from U.S. District Judge Jacqueline Scott Corley.

Japan PPI (June)-0.2% m/m (expected +0.2%)

Japan PPI, AKA Corporate Goods Price Index, for June 2023. This is ‘wholesale’ level inflation, the price that firms charge each other for products.

Inflation: Consumer prices in June rose at slowest annual rate since March 2021

Consumer prices rose at the slowest pace since March 2021 as inflation showed further signs of cooling in June, according to the latest data from the Bureau of Labor Statistics released Wednesday morning.

Gold prices trade at highest since June ahead of U.S. CPI data

Gold prices were slightly firmer Wednesday, trading at their highest levels since June, ahead of the release of the U.S. consumer-price index data that may give investors some insight into the future path of Federal Reserve interest rate rises.

Gilead Just Bought $30 Million More of 2 Biotech Stocks

Gilead GILD +0.57% Sciences recently spent about $30 million to increase its stakes in two biotech stocks.

Disney exploring sale or partners for India business, source says

NEW DELHI, July 12 (Reuters) – Walt Disney (DIS.N) is exploring options to sell or find a joint venture partner for its India digital and TV business, a source with direct knowledge said on Wednesday.

China’s Huawei poised to overcome US ban with return of 5G phones, research firms say

US-sanctioned giant likely to produce 5G chips domestically
Chips expected to use Huawei EDA tools and SMIC production
Semiconductors could have relatively low yield rate of 50%

Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK

U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware.