News
TransAlta Reports Higher Profit and Revenue in Q3
TransAlta, a Canadian electricity power generator, reports higher profit and revenue for Q3 due to strong performance in Alberta portfolio and lower commodity prices.
Watches of Switzerland Aims to Double Sales and Profits by Fiscal 2028
Watches of Switzerland reveals ambitious plan to double sales and profits by fiscal 2028, with focus on U.S. revenue growth and new showroom projects.
XP Power Raises Funds to Strengthen Capital Position
XP Power plans to raise £43.9 million through a share placing and retail offer to improve its capital position, reduce net debt, and continue investments in research and development.
Bank of Canada Survey Indicates Potential Interest Rate Cut
The Bank of Canada survey suggests a potential interest rate cut in April, with implications for inflation and the economy. Economists predict rate cuts in 2024.
Elon Musk's xAI Introduces Grok Chatbot to Compete with ChatGPT
Elon Musk's xAI has launched Grok chatbot to rival Microsoft's ChatGPT, though it may not pose significant competition. Grok promises wit and uniqueness.
Positive Results for Phase 2 Study of Barzolvolimab in Chronic Spontaneous Urticaria
Celldex Therapeutics reports positive results for Phase 2 study of barzolvolimab in chronic spontaneous urticaria, a breakthrough treatment option for patients. Shares surge.
Daylight-saving Time: A Historical Perspective
Discover the origins, evolution, and current debate surrounding daylight-saving time, including its impact and potential elimination.
Cardinal Health Reports Strong First-Quarter Profit
Cardinal Health Inc. surpasses Q1 profit expectations, raises full-year outlook. Revenue growth, steady medical revenue, and positive market reaction showcase resilience.
A.P. Moller-Maersk Announces Job Cuts and Earnings Adjustment
A.P. Moller-Maersk announces plans to cut jobs and adjust earnings due to industry challenges and weak demand. Company expects lower end of targeted ranges for full year results.
Chinese Robotics Companies Soar as Officials Promote Humanoid Robots Industry
Shares of Chinese robotics companies rise following release of official guidance on humanoid robots industry. China aims to become global leader by 2025.