Citigroup Inc., led by CEO Jane Fraser, is reorganizing with five major operating units and job reductions in key markets.
A report by the EIA reveals a significant decrease in U.S. crude inventories, surpassing expectations and potentially impacting the energy market.
Walt Disney, Netflix, and other major movie and TV production companies have disclosed the terms of their latest contract proposal to the striking writers. Initial assessments suggest that this offer may not effectively resolve the ongoing Hollywood strike.
The latest market trends indicate a positive start for U.S. futures, with gains in stocks, bonds, and commodities. Stay updated on the market movements.
Threads, the popular mobile app, is launching a desktop version to meet user demands and boost growth for Meta Platforms Inc. It offers a seamless experience and functions similar to its competitor, X.
The surge in bond yields has caused stock market declines and a slowdown in loan demand, impacting the banking sector. Banks face challenges as loan demand weakens, leading to concerns about reduced cash flow and credit rating downgrades. The Federal Reserve recommends a cautious approach to further rate hikes.
Coty reports higher revenue in Q4 with a profit margin increase and revenue growth of 16%. The company's prestige brands perform well, while beauty demand remains resilient.
SFC Energy, the German fuel-cell specialist, reports significant growth in profit and revenue driven by sales growth in Asia and North America. The company is optimistic about its future financial performance.
My E.G. Services sees a significant boost in shares following robust Q2 financial results and increased revenue from new services on its blockchain platform.
Approval Granted for Release of Diluted Radioactive Wastewater from Fukushima Daiichi Nuclear Power Plant
The Japanese government has approved the release of treated and diluted radioactive wastewater from the Fukushima Daiichi nuclear power plant into the ocean, sparking concerns and debates over safety and potential environmental impact.