China markets can't shake volatility
After Monday's massive plunge in Shanghai, Chinese equities saw more volatility in Tuesday trade even with a large additional liquidity injection from the central bank. Meg Teckman reports.
After Monday's massive plunge in Shanghai, Chinese equities saw more volatility in Tuesday trade even with a large additional liquidity injection from the central bank. Meg Teckman reports.
The former Hollywood producer will remain behind bars in California
SINGAPORE, April 25, 2024--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Tower Limited (Tower) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
‘There is a deal on the table that would bring a ceasefire immediately to Gaza... and Hamas has rejected that,’ said a White House official, referring to a pending negotiation currently ongoing in Qatar
PHILADELPHIA, April 25, 2024--Exegenesis Bio, a rapidly growing global genetic medicines company, is pleased to announce the presentation of clinical efficacy and safety data from its EXG001-307 Phase 1/2 clinical trial in Spinal Muscular Atrophy (SMA) Type I at the American Society of Gene and Cell Therapy (ASGCT) Annual Meeting in Baltimore, Maryland on May 8, 2024 (poster #627).
CLEVELAND, April 25, 2024--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora" or "we"), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) ("Norfolk Southern" or the "Company"), today announced that its seven candidates (the "Shareholder Slate") for election to the Company’s 13-member Board of Directors (the "Board") have received support from the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teams
NOVI, Mich., April 25, 2024--The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters ("BMWED-IBT") today announced that it has determined a change in leadership at Norfolk Southern Corporation (NYSE: NSC) ("Norfolk Southern") is necessary.
What impact will Labour's pledge to nationalise the railways have?
Healthcare Services Group, Inc. (NASDAQ:HCSG) Q1 2024 Earnings Call Transcript April 24, 2024 Healthcare Services Group, Inc. beats earnings expectations. Reported EPS is $0.2067, expectations were $0.18. HCSG isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello. Welcome to Healthcare […]
Sexual assault allegations against Nick Carter will be explored in a new documentary from the network that aired "Quiet on Set."
Meta’s share price has fallen almost $200 billion in the wake of an announcement by Mark Zuckerberg. Much of that was the result of investment in artificial intelligence. During those results, chief executive Mark Zuckerberg said that it could take “several years” for its work on AI to scale up and start making money.
Meta Platforms late Wednesday posted first-quarter earnings results that topped expectations, with a 27% year over year revenue growth. Chief Executive Mark Zuckerberg defended the company's plan to "invest significantly more over the coming years" to advance its AI ambitions. On the stock market today, Meta stock plunged more than 14% to 420.75 in morning trades.
Stock Market Today: The Dow Jones dived 525 points on weak GDP data. Meta stock plunged on earnings, while Google and Microsoft report next.
Mercedes-Benz executives said on Thursday the company would continue to invest in tie-ups with Chinese partners including automaker BAIC Group , underscoring the importance of China to its global strategy. China is "the most dynamic new energy vehicle market", country chief Hubertus Troska said at a press conference on the opening day of the Beijing auto show. "You have to be here and you have to be part of that innovation cycle," Chief Executive Ola Kaellenius told Reuters on the sidelines of the show.
Grey squirrels are spreading to the north of England and wiping out the native red squirrels.
First-quarter results were strong, but investors weren’t pleased with the Facebook and Instagram owner’s spending plans
The two men are remanded in custody to appear at York Crown Court next month.
The Federal Reserve’s preferred inflation gauge, the personal consumption expenditures price index, grew at an annualized rate of 3.4% in the first quarter, nearly double the 1.8% pace logged during the fourth quarter. Core PCE inflation, which excludes the more volatile costs of food and energy, climbed 3.7% in the first three months of the year, up from the fourth quarter’s 2% pace, the Bureau of Economic Analysis said Thursday. Thursday’s quarterly inflation data suggest, assuming no revisions to monthly data, that the core PCE deflator for March, to be released Friday, will come in above 0.4% rather than the current consensus forecast for a month-over-month increase of 0.3%, writes James Knightley, chief international economist at ING.
HONG KONG, April 25, 2024--AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of "a" (Excellent) of Shinkong Insurance Company Limited (Shinkong Insurance) (Taiwan). The outlook of the FSR is stable.
The U.S. dollar gained on Thursday after a hotter-than-expected inflation reading for the first quarter, affirming expectations that the start of the Federal Reserve's easing cycle could be pushed later in the year. The yen, meanwhile, hit a fresh 34-year low versus the dollar and a 16-year low against the euro on Thursday as investors expect a Bank of Japan policy meeting that ends on Friday to not be hawkish enough to support the Japanese currency. The focus, however, has been on the U.S. gross domestic product data and the report's inflation component.