World Bank Notices Growing Risk of Global Recession in 2023
On Thursday, the World Bank said that the world is likely to witness a global recession as central banks across the globe simultaneously hike interest
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AST SpaceMobile Falls After Kerrisdale Capital Short Report
On Thursday, AST SpaceMobile Inc (NASDAQ:ASTS) is down more than 7 per cent after Kerrisdale Capital stated it is short the stock questioning the company’s
High Street Giants John Lewis, DFS Furniture Issued Profit Warnings
On Thursday, e-commerce company THG and high street giants John Lewis and DFS Furniture all issued profit warnings, adding to the already dire outlook for
Due To Gas Prices, US Retail Sales Increased By 0.3% in August
Unexpectedly, August saw a 0.3 per cent increase in U.S. retail sales as consumers relaxed some of their recent restraints on other areas of spending
THG’s Share Price Plummets to Fresh All-Time Low
Following the release of subpar earnings and a profit warning, the share price of THG has dropped to new lows.After releasing a poor set of
Crude Oil Falls 3% on Demand Concerns, Strong Dollar
On Thursday, brent crude oil slipped 3% as expectations of weaker demand and a strong US dollar ahead of a potentially large interest rate gain
Newmont Postpones Investment Decision on Peru Mine to 2024
On Thursday, Newmont Corp, the top gold miner, said it would delay the investment decision for the USD 2 billion Yanacocha sulfides project in No.
Air Canada to Purchase 30 Electric Planes from Heart Aerospace
On Thursday, Air Canada stated it would buy 30 electric-hybrid regional aircraft from Heart Aerospace. This becomes the need as more airlines turn to new
Shares Of Home First Finance Increased as Business Refuted Claims Of Warburg’s Exit Strategies
The company’s management refuted rumours that some shareholders were considering leaving Home First Finance, and the stock kept moving higher on Thursday. Manoj Viswanathan, CEO
Atlantia Sells Hochtief Stake for 578 Million Euros
On Thursday, Italy’s Atlantia stated that it had sold its 14.46 per cent stake in Hochtief to Spanish ACS for 577.8 million euros (USD 576.9