HelloFresh stock dives on gloomy 2024 forecast
HelloFresh, the once-heralded recipe box delivery company, experienced a staggering 42% drop in its share price on Friday morning, marking its worst trading session ever. [more…]
Category: Investing & Markets
Foot Locker shares take a tumble
Foot Locker, the popular sneaker retailer, experienced a significant setback as its shares plummeted by approximately 30% following the release of its holiday-quarter financial results. [more…]
Crude oil prices dip despite China’s growth plans and OPEC+ cuts
In a twist of market dynamics, crude oil futures experienced a slight downturn for the second consecutive day on Tuesday. Despite China’s optimistic pledge to [more…]
Japan poised to bid farewell to decades-long deflation woes
In a potential historic shift, Japan’s government is reportedly contemplating declaring an end to the country’s prolonged battle with deflation, as prices steadily climb, according [more…]
Abu Dhabi National Oil Company has acquired a stake in OMV, an oil and gas group based in Austria
In a strategic move, the Abu Dhabi National Oil Company (ADNOC) has finalized the acquisition of a 24.9% stake in the Austrian oil and gas [more…]
South Korea’s exports surge for fifth straight month, fueled by chip shipments
South Korea’s exports continued their upward trend in February, marking the fifth consecutive month of growth. The country’s outbound shipments totaled US$52.4 billion, a 4.8 [more…]
Brazil to unleash $20 billion in sustainable investment with its finance program
Brazil is poised to revolutionize sustainable investment with a groundbreaking initiative set to unlock up to $20 billion in foreign investment for eco-friendly projects. Treasury [more…]
Bitcoin and Ether soar in February surge, setting stage for halving-driven rally
Cryptocurrency prices surged on Thursday as bitcoin and ether headed for a successful month, reflecting renewed investor interest and market optimism. According to Coin Metrics, [more…]
Retail sales in South Korea surge in January
South Korea’s retail sector saw a robust 8.2 percent year-on-year growth in January, largely driven by the strong performance of online platforms, according to the [more…]
CLP Holdings reports strong profit growth in 2023, falls short of market expectations
CLP Holdings, the leading power utility in Hong Kong with significant operations in Australia and India, announced a remarkable sevenfold increase in profits for 2023. [more…]