News Blog

Intel on Wednesday terminated its acquisition of Israeli chipmaker Tower Semiconductor, saying it failed to secure the required regulatory approval.

Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as the crypto exchange battles a lawsuit from the Securities and Exchange Commission (SEC).

Target on Wednesday missed quarterly sales expectations and slashed its full-year forecast, as it again had trouble convincing shoppers to buy more than necessities.

Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in China by as much as 6.9%, it said on Wednesday.

Cava on Tuesday posted a profitable quarter for its first earnings report since its initial public offering in June.

Chinese e-commerce firm JD.com beat Wall Street estimates for second-quarter revenue on Wednesday, as its focus on lower-priced products to attract customers amid an economic slowdown paid off.

Shares of Zim Integrated Shipping fell after the company’s revenue fell sharply due to lower shipping rates.

Shares of Coherent Corp. tumbled 17% in after-hours trading Tuesday after the optoelectronics company issued a weaker-than-expected outlook for the quarter and year ahead.

Minneapolis Federal Reserve President Neel Kashkari on Tuesday said that while the U.S. central bank has made some progress in its inflation fight, interest rates may still need to go higher to finish the job.

Προχωρά ο διαγωνισμός για την κατασκευή του μεγάλου τμήματος του ΒΟΑΚ, Χανιά-Ηράκλειο. Με απόφαση του υπουργείου Υποδομών και Μεταφορών εγκρίθηκαν οι μεταβολές στα τρία σχήματα που συμμετέχουν στη διαγωνιστική διαδικασία.

Μονάδα αποθήκευσης ενέργειας ισχύος 48MW και εγγυημένης χωρητικότητας 96MWh αναλαμβάνει η Mytilineos στη Χαλκιδική, με στόχο να τεθεί σε λειτουργία στο τέλος του πρώτου εξαμήνου του 2025. Σύμφωνα με τη σχετική ανακοίνωση της εταιρείας, ο σταθμός αποθήκευσης θα κατασκευαστεί κοντά στους φωτοβολταϊκούς σταθμούς της, οι οποίοι αυτή την περίοδο βρίσκονται σε κατασκευή.

Με ενισχυμένα μεγέθη ολοκληρώθηκε το πρώτο εξάμηνο της φετινής χρονιάς για τη Fraport Greece, σύμφωνα με την οικονομική έκθεση του γερμανικού μητρικού ομίλου. Ειδικότερα, η εταιρεία που διαχειρίζεται τα 14 μεγαλύτερα περιφερειακά αεροδρόμια της χώρας, ενίσχυσε τον κύκλο εργασιών κατά 37,4%, στα 191 εκατ. ευρώ, και αύξησε κατά 25,3%, σε περίπου 73 εκατ. ευρώ, τα κέρδη προ τόκων, φόρων και αποσβέσεων (EBITDA).

Η «INTRAKAT» ανακοινώνει κατόπιν της σχετικής γνωστοποίησης που έλαβε στις 14.08.2023, ότι η εταιρεία «WINEX INVESTMENTS LIMITED» απέκτησε την 11.08.2023 για ίδιο λογαριασμό μέσω εξωχρηματιστηριακής συναλλαγής 500.000 κοινές μετοχές με δικαίωμα ψήφου, εκδόσεως της Εταιρείας, συνολικής αξίας 1.575.000,00 ευρώ.

 BP  has invested in a start-up company developing technology seeking to use vapour from heavy industry to sharply reduce the production costs of zero-carbon hydrogen.

Blink Charging Co.  said Tuesday it’s expanding its electric vehicle charging infrastructure across Latin America, building out the more than 2,100 charges across eight countries it has already installed.

Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger than expected showing for the month, the Commerce Department reported Tuesday.

China’s Tencent Music Entertainment Group said on Tuesday second-quarter revenue rose 5.5% from a year ago, driven by growth in paying users on its Spotify-like music streaming platform and a recovery in the advertising market.

Home Depot topped earnings expectations on Tuesday, but posted a 2% year-over-year sales decline as customers remained wary of big purchases and major projects.

UK wages grew much more than expected and at a record annual pace in the three months to June, according to official figures that are likely to reinforce the Bank of England’s concerns over the pressures fuelling inflation. 

A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase.