News Blog

British supermarket Marks and Spencer  said on Tuesday it expected profit growth for the year 2022-2023, with interim results likely to significantly improve against previous expectations.

Tesla rolled out cheaper versions of its Model S and Model X vehicles in the U.S. as competition in the electric vehicle space continues to ramp up.

Berkshire Hathaway took new equity positions in home-building, notably industry leader D.R. Horton , while reducing its stake in General Motors  and eliminating a holding in McKesson , according to a 13-F regulatory filing released late Monday.

Japan’s economy posted its third straight quarterly expansion, provisional government data showed Tuesday, as robust export growth contributed to an annualized 6% expansion in the second quarter, handily beating market expectations.

Intel and Synopsys announced on Monday that the two companies have agreed to expand a strategic partnership in which Intel’s foundry customers will be able to license intellectual property from Synopsys.

Technology firm Sea Ltd missed estimates for second-quarter revenue on Tuesday, as consumers held back spending on Internet and discretionary services, sending its U.S.-listed shares down 12% in trading before the bell.

China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months.

Exor and Royal Philips jointly said that they have entered a relationship agreement, with Exor picking up a 15% stake in Philips for an undisclosed sum, but worth around 2.58 billion euros ($2.82 billion).

The latest version, which some are calling Eris, is now a “variant of interest” at the World Health Organization, having been reported in at least 51 countries since early August, including China, the U.S., Korea, Japan, and Canada.

TOKYO, Aug 14 (Reuters) – Rakuten Group (4755.T) shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongside assurances that it can cover its debt burden for the next financial year.

Foxconn , which makes Apple  iPhones, reported a decline in profits in the second quarter, but still managed to beat expectations.

Credit data for July released Friday showed a slump in demand from businesses and households to borrow money for the future.

The United States is working to build resilient, diversified clean energy supply chains to protect its economic security, while guarding against the risks posed by over-concentration in a handful of countries, U.S. Treasury Secretary Janet Yellen said in remarks prepared for an event in Las Vegas on Monday.

Tesla  is discounting in China and cutting prices—again. New reductions have shares down in early trading Monday and will lead to more questions about price wars and demand for electric vehicles in the world’s largest market for new cars.

The yen has been steadily weakening after Japan’s central bank had adjusted its stance on its yield curve control policy on July 28, sending 10 year Japanese government bonds to its highest levels in nine years.

United States Steel said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs
and was reviewing “strategic alternatives” after receiving several unsolicited offers.

Η ανοδική πορεία της βιομηχανικής παραγωγής στην Ελλάδα διατηρήθηκε το πρώτο πεντάμηνο του έτους, ενώ η πορεία των πρόδρομων δεικτών συγκυρίας ενισχύει τις προσδοκίες για θετικές επιδόσεις τους επόμενους μήνες. Συγκεκριμένα, τον Ιούλιο, ο δείκτης των υπευθύνων για τις προμήθειες στη μεταποίηση (Purchasing Managers’ Index, PMI) ανήλθε στη χώρα μας στο υψηλότερο επίπεδο των τελευταίων δεκατεσσάρων μηνών, σε αντίθεση με την καθοδική τάση του δείκτη στην Ευρωζώνη, αναφέρεται στο εβδομαδιαίο δελτίο οικονομικών εξελίξεων της Alpha Bank.

Εντός του 2024 η κατασκευή των μονάδων στη Δυτική Μακεδονία, κοντά σε ΑΗΣ του Ομίλου ΔΕΗ και σε περιοχές όπου κατασκευάζονται φωτοβολταϊκοί σταθμοί της ΔΕΗ Ανανεώσιμες.

Τι αναφέρει ο οίκος αξιολόγησης στην έκθεσή του για τις δραστηριότητες της Intralot στις ΗΠΑ και την αναχρηματοδότηση του χρέους της.

Στο «κάδρο» ξαναβάζει το ενεργειακό επιτελείο της κυβέρνησης τη φορολόγηση τυχόν υπερεσόδων που έχουν αποκομίσει οι προμηθευτές ρεύματος από τον Αύγουστο του 2022, οπότε είχε ξεκινήσει η εφαρμογή των έκτακτων μέτρων στην ενεργειακή αγορά με την ανακοίνωση κάθε 20 του μηνός των χρεώσεων της κιλοβατώρας (ονομαστική χρέωση) που θα ισχύει τον επόμενο μήνα.