Bank of England cuts rates by 0.25% amid Labour’s budget impact
The Bank of England reduced interest rates by 25 basis points on Thursday, even as Labour’s expansive budget announcement complicates the prospects
Nissan to cut 9,000 jobs, slash profit forecast by 70% amid tough market conditions
Japan’s Nissan Motor has announced a series of aggressive cost-cutting measures, including laying off 9,000 employees and reducing its global production capacity
Why ON Semiconductor is a strong buy despite recent market challenges
ON Semiconductor, the $31 billion chip manufacturer based in Scottsdale, Arizona, has faced significant challenges lately. Despite the broader market momentum, with
Moderna posts surprise profit as COVID vaccine sales exceed expectations
Moderna reported a surprising third-quarter profit on Thursday, driven by cost reductions and stronger-than-expected sales of its COVID-19 vaccine, despite lower-than-anticipated revenue
Under Armour shares surge 25% as company raises profit forecast on cost-saving strategies
Under Armour’s shares soared 25% on Thursday after the sportswear giant raised its annual profit forecast, citing lower input costs and effective
Pound, UK stocks get a lift from BoE’s rosy rate view
By Yoruk Bahceli and Amanda Cooper LONDON (Reuters) -Sterling rallied sharply on Thursday, solidifying its position as the best performing major currency of
Ukraine dollar bonds and GDP warrants extend Trump-win rally
By Libby George and Karin Strohecker LONDON (Reuters) – Ukraine’s sovereign dollar bonds and GDP warrants extended a post-U.S. election rally on Thursday