News
The Federal Reserve's Stance on Interest Rates
Philadelphia Fed President, Patrick Harker, expresses optimism about the economy's trajectory and indicates the Federal Reserve may not need to increase interest rates further.
Quilter Exceeds Market Expectations, Reporting Rise in Assets
Quilter, the wealth-management company, reports exceeding market expectations with a rise in assets and revenue. Despite a decline in pretax profit, the company remains optimistic about its performance.
Insight into EV Sales in China: Li Auto Quarterly Numbers
Li Auto's quarterly numbers will provide valuable insights into the trend of EV sales in China, a crucial market for Li and other EV manufacturers.
Paramount Global Sells Simon & Schuster to KKR
Paramount Global announces sale of Simon & Schuster to KKR for $1.62 billion in cash. Proceeds will be used to reduce debt and focus on streaming.
European Stocks Close Flat
The European stock market closed flat on Monday, with the Stoxx Europe 600 index ending the day at 459.68. This article provides updates on top gainers and losers, as well as currency and commodity market movements.
BioNTech's Q2 Revenue Misses Expectations, Shares Fall
Shares of BioNTech dropped as Q2 revenue falls short of expectations due to write-offs by Pfizer, leading to lower profit share. The company remains optimistic about launching a new Covid-19 vaccine.
Indonesia's Economy Beats Expectations
Indonesia's economy surpasses predictions with 5.17% growth, driven by social mobility and strong domestic demand. Key contributors are the manufacturing, trade, and transportation sectors.
Datadog Shares Gain on Analyst Upgrade
Datadog's stock price surges after an analyst upgrade, predicting a 25% increase and highlighting the company's growth potential.
Lloyds Banking Group Reports Q2 2023 Profit Below Expectations, Upgrades Guidance
Lloyds Banking Group reports Q2 profit below expectations but upgrades guidance, with an optimistic outlook for the year.
Eurozone Economy Grows Slightly Surpassing Expectations
Preliminary data reveals eurozone economy grew by 0.3% in Q2, with better-than-expected growth in France and Spain while some major members experienced contraction or stagnation. One-off factors may mask underlying strength. ECB's interest-rate decision may be influenced by headline growth.