Lufthansa Finalizes Acquisition of 41% Stake in ITA Airways
Deutsche Lufthansa AG has successfully completed the acquisition of a 41% minority stake in ITA Airways, the Italian carrier that...
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GSK to Acquire Biopharmaceutical Firm IDRx for Up to $1.15 Billion
British pharmaceutical giant GSK announced on January 13, its decision to acquire Boston-based biopharmaceutical company IDRx for up to $1.15...
Who Determines The Coke Futures Transaction Price?
Coke futures trading is a critical component of the global commodities market, providing a platform for buyers and sellers to...
What Does The Trading Risk Rate Of Gold Futures Mean?
Gold futures trading is a popular investment vehicle that allows traders to speculate on the future price of gold. However,...
Porsche Faces 28% Drop in China Sales Amid Economic Slowdown
Porsche AG, the renowned German sports car manufacturer, reported a significant 28% decline in its sales in China for 2024,...
Goldman Sachs Maintains Bullish Outlook on Chinese Stocks
Goldman Sachs Group Inc. strategists have reaffirmed their bullish outlook for Chinese stocks, despite recent setbacks in the market. The...
Maaden Cancels Talks with Alba on Aluminum Deal
Saudi Arabian Mining Co. (Maaden) has ended negotiations aimed at creating one of the world’s largest aluminum producers through a...
Apple Faces Decline in iPhone Sales Amid Competition from Chinese Rivals
Apple Inc. experienced a 5% drop in global iPhone sales during the last quarter of 2024, losing ground to its...
SEPI Proposes Marc Murtra to Replace Telefonica CEO
State-owned investment fund SEPI has proposed replacing Telefonica's long-serving Chief Executive, Jose Maria Alvarez-Pallete, according to sources familiar with the...
Hydro Acquires Full Control of Hydrovolt for $6.79 Million
Norwegian industrial group Hydro announced on January 13 that it has successfully acquired the remaining shares in Hydrovolt, the battery...
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BlackRock is set to launch its iShares Bitcoin ETF on Cboe Canada, marking a significant step in the global asset...
Starbucks to Cut Jobs as Part of Restructuring Plan
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Shake Shack (SHAK) reported preliminary fourth-quarter results that exceeded expectations, but investor optimism waned as shares dropped by 6% on...
German EV Sales Slump as China Surges Ahead
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Bank of America to Award $1 Billion in Stock to Employees
Bank of America (BofA) will grant stock awards to the majority of its global workforce for the eighth time since...
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