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In what has been a busy couple of days in the rebalancing of Asia-Pacific operations of energy powerhouse Shell, an agreement to sell its Bukom refinery based in…
Boeing’s (NYSE: BA) spaceflight ambitions suffered a setback this week when the company postponed the launch of its CST-100 Starliner spacecraft due to a last-minute technical snag. Just…
Oxford Cannabinoid Technologies Holdings (OCTP) has announced plans to delist from the London Stock Exchange (LSE). The pharmaceutical firm, specializing in cannabinoid-based therapies, cited a sense of being…
UK motorists are facing an increase in fuel costs, with prices for petrol and diesel having risen by 10p per litre in the current year. This trend has…
Electric vehicle manufacturer Rivian Automotive has affirmed its production forecast for 2024, setting targets that fall short of Wall Street expectations. Despite the optimistic views of analysts, Rivian…
A report from Reuters last week stated that commodities firm Glencore (LON: GLEN) is assessing a potential approach for Anglo American (LON: AAL), a move that would not…
Investors reacted positively to J D Wetherspoon’s (LON: JDW) trading update for the 13-week period ending April 28 on Wednesday. The update indicated a steady recovery in sales…
Online fashion retailer Boohoo (LON: BOO) reported its full-year results for the 12 months ended February 29 on Wednesday, marked by a significant 17% decline in revenue compared…
London’s premiere stock index, the FTSE 100, hit 52 week highs before setting the stage for a record close at 8313, marking a significant 100-point rise (1.22%) in…
The Palantir Technologies’ (NYSE: PLTR) stock price gapped down this morning post-first-quarter earnings that beat on revenue. To understand the drop in spite of an earnings beat, you…
BAE Systems and power management company Eaton have announced an expansion of their strategic partnership, under which they will develop enhanced electric vehicle (EV) systems for heavy-duty trucks.…
Royal Dutch Shell (LON: SHEL), the global oil giant, is currently in discussions with Saudi oil major Aramco to sell its gas station operations in Malaysia. While the…
UBS Group AG (SWX: UBSG), Switzerland’s largest bank, saw its shares surge by 9.52% following a report of robust quarterly earnings that exceeded market expectations. The bank’s impressive…
The Indian stock market witnessed a volatile trading session today, with major indices closing in the red. The BSE Sensex plunged about 400 points to close at 73,511.85,…
The United Arab Emirates (UAE) is on track to magnify its economic landscape through the tourism sector, projected to embody 12% of the country’s GDP in the current…
Energy giant BP reported a steep 40% drop in first-quarter earnings, which came in at $2.7 billion. This underperforming figure fell short of analyst expectations and marked a…
Earnings season continues with another big name on Tuesday, as Disney report before the bell. With many of the market heavyweights having reported, eyes are now turning toward…
Investors and market spectators are closely monitoring Rivian Automotive (NASDAQ: RIVN) as it strides into the Q1 earnings season, facing amplified industry challenges that intertwine with demand flow…
In an unexpected twist defying the subdued demeanour of the cryptocurrency market, shares of Marathon Digital Holdings (NASDAQ: MARA), a preeminent Bitcoin mining company, soared by 17.98% on…
In a significant shift in China’s electric vehicle (EV) landscape, homegrown EV maker Nio (HKG: 9866) has been rumoured to have entered into an agreement with larger rival…
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