Stellantis, the parent company of Chrysler, has announced a significant financial move by repurchasing 50 million common shares from Dongfeng Motor (Hong Kong) International for approximately 934 million euros, equivalent to $1.02
More
Boeing has received clearance from the U.S. Federal Aviation Administration (FAA) to commence certification flight testing for its 737 MAX 10, the largest variant of its popular narrowbody aircraft. This development marks
More
Genesis Global, a crypto lending platform, has taken legal action against its partner, Gemini Trust Co, in an attempt to recover over $689 million. This substantial sum was withdrawn by customers during
More
Indian blue-chip indexes experienced a positive trend on Wednesday, bolstered by the performance of IT and pharmaceutical stocks in response to soft U.S. inflation data. However, the financial sector saw limited gains
More
European stock markets reached a two-month pinnacle on Wednesday, bolstered by gains in real estate stocks and a remarkable surge in software company Sage’s shares, driven by robust annual operating profits and
More
Enel, the Italian power giant, has unveiled a strategic plan outlining a cautious investment approach under its new CEO, Flavio Cattaneo. Over the next three years, Enel plans to commit a substantial
More
In early Wednesday trading, major Gulf stock markets experienced declines, mirroring the downward trend in Asian shares, as investors tempered their earlier optimism regarding the potential end to U.S. interest rate hikes.
More
British outsourcing company Capita (CPI.L) announced its intention to trim its global workforce by approximately 900 employees as part of an ongoing effort to reduce costs, primarily focusing on indirect support and
More
Dubai Taxi Company (DTC) has officially commenced the subscription phase for its forthcoming initial public offering (IPO) on Tuesday. Simultaneously, the company has divulged a pricing range for the IPO, which could
More
UK-based startup Advanced Electric Machines (AEM) has successfully secured £23 million ($29 million) in Series A funding to accelerate the production of its innovative electric vehicle (EV) motors that are entirely free
More