Business news


From Green Energy to Cybersecurity, Citi Names ‘Unstoppable Trends’

From Green Energy to Cybersecurity, Citi Names ‘Unstoppable Trends’

From green energy to equal access to education and technology, investors can find opportunities to make money through these “unstoppable trends,” says Citi. Alternative and green energy are “very productive right now” where global trends are concerned, said Ken Peng, head ...


June 10, 2021
Austria's AT&S Plans $2B Investment in Malaysian Plant
Austria's AT&S Plans $2B Investment in Malaysian Plant

Austria-headquartered semiconductor manufacturer AT&S Austria Technologie & Systemtechnik AG plans to invest 8.5 billion ringgit ($2...

June 9, 2021
Campbell Soup Cuts Annual Profit Forecast as Costs Rise
Campbell Soup Cuts Annual Profit Forecast as Costs Rise

Campbell Soup Co on Wednesday slashed its forecast for full-year earnings on higher costs related to raw materials and transportation.

LG Energy Moves ahead on S.Korea IPO, it may Raise $10-$12B
LG Energy Moves ahead on S.Korea IPO, it may Raise $10-$12B

Auto battery maker and Tesla Inc supplier LG Energy Solution applied for preliminary approval of an initial public offering (IPO) that financial...

June 8, 2021
Berkshire Hathaway Invests $500 Million in Brazil's Nubank
Berkshire Hathaway Invests $500 Million in Brazil's Nubank

Brazil’s Nubank has raised $500 million in funds from Warren Buffett’s Berkshire Hathaway, giving a high profile boost to the...

June 4, 2021
Cargill to Build $200 Million Palm Oil Refinery in Indonesia
Cargill to Build $200 Million Palm Oil Refinery in Indonesia

U.S. agribusiness giant Cargill Inc said it is building a $200 million palm oil refinery in the Indonesian province of Lampung, which the company...

Oil Traders Ramp up Asian Jet Fuel Exports to U.S., Europe
Oil Traders Ramp up Asian Jet Fuel Exports to U.S., Europe

Global oil trading companies are ramping up jet fuel exports from Asia to Europe and the United States, as widespread anti-coronavirus vaccinations...

German Startup Flink Raises $240M, Partners with Rewe
German Startup Flink Raises $240M, Partners with Rewe

Grocery delivery startup Flink said on Friday it had raised $240 million from investors, just six months after the Berlin-based company was...

June 3, 2021
Share Sale Takes Puff Out of AMC Price on CEO Popcorn Pledge
Share Sale Takes Puff Out of AMC Price on CEO Popcorn Pledge

AMC Entertainment took advantage of a record stock price on Thursday with its second share issue in three days, while admitting it did not know how...

Bristol-Myers is sued for $6.4B over delayed cancer drug
Bristol-Myers is sued for $6.4B over delayed cancer drug

Bristol Myers Squibb Co was sued for $6.4 billion on Thursday for allegedly delaying its Breyanzi cancer drug to avoid payments to shareholders of...

June 2, 2021
South Africa's Shoprite sells Nigerian Business to Ketron
South Africa's Shoprite sells Nigerian Business to Ketron

Shoprite Holdings has sold its Nigerian business to local buyer Ketron Investment, it said on Wednesday, nearly 16 years after the South African...

June 1, 2021
Bank of Nova Scotia Beats Quarterly Profit Estimates
Bank of Nova Scotia Beats Quarterly Profit Estimates

Bank of Nova Scotia beat analysts’ estimates for quarterly profit on Tuesday, driven by strength in its Latin America-focused international...

Sinopec Begins $811M Refinery Upgrade at Eastern Plant
Sinopec Begins $811M Refinery Upgrade at Eastern Plant

Top Asian refiner Sinopec Corp said on Tuesday it had started a 5.17 billion yuan ($811 million) refinery upgrade at a subsidiary plant in eastern...

May 31, 2021
Malaysian Bank CIMB Group Profits Boosted by one-off Gain
Malaysian Bank CIMB Group Profits Boosted by one-off Gain

CIMB Group Holdings Bhd on Monday reported a 384% bump in its first-quarter earnings, helped by a one-off gain related to an investment in its...

H&M Online 2nd-Hand Shop Sellpy Launches in 20 new Countries
H&M Online 2nd-Hand Shop Sellpy Launches in 20 new Countries

Swedish online second-hand shop Sellpy, which is majority-owned by fashion giant H&M , said on Monday it was opening in 20 more European...

May 27, 2021
A ‘Digital Leash’ on Remote Workers Might Cross Privacy Line
A ‘Digital Leash’ on Remote Workers Might Cross Privacy Line

With many companies working from home during the pandemic, managers and employers have found themselves in a difficult position with running...

May 26, 2021
Strong Earnings, Vectura Boost British Midcaps
Strong Earnings, Vectura Boost British Midcaps

London’s FTSE 250 index edged higher on Wednesday, boosted by Marks & Spencer and Softcat Plc following positive earnings updates, while...

May 21, 2021
Canadian Bank Earnings Set to Beat Rising Estimates
Canadian Bank Earnings Set to Beat Rising Estimates

Canadian banks are expected to beat analysts’ estimates for quarterly earnings as strength in capital markets and wealth management overrides...

Chevron says to Restart Tamar Gas Field on Israeli Orders
Chevron says to Restart Tamar Gas Field on Israeli Orders

Israel’s energy ministry has instructed Chevron to restart operations at the offshore Tamar natural gas platform, nine days after it was shut...

Britain's Nationwide almost Doubles Profit as Costs Fall
Britain's Nationwide almost Doubles Profit as Costs Fall

Nationwide Building Society nearly doubled annual profit after improving interest income and margins as it shaved costs, it said on Friday.

May 19, 2021
Space Startup Astra Signs First Commercial Launch Contract
Space Startup Astra Signs First Commercial Launch Contract

Billionaire-backed space transport startup Astra, which aims to go public before July in a $2.1 billion blank-check deal, has signed its first...

Singapore Airlines Posts $3.2 Billion Annual Loss
Singapore Airlines Posts $3.2 Billion Annual Loss

Singapore Airlines Ltd on Wednesday posted its second-consecutive annual loss, widening to a record S$4.27 billion ($3.20 billion) and said it...

No Pain, no Gain for Big Funds Hunting the next Tesla
No Pain, no Gain for Big Funds Hunting the next Tesla

Place your bets! The race to find the next Tesla is on but the search is turning up plenty of clunkers as well as potential superstars.

May 18, 2021
Siemens Gamesa Shares Paused on Report of Strategic Review
Siemens Gamesa Shares Paused on Report of Strategic Review

Spain’s stock market regulator suspended trading of shares in Siemens Gamesa on Tuesday after local newspaper Expansion reported that Siemens...

M&S Promotes Machin and Bickerstaffe in Top Team Shake-up
M&S Promotes Machin and Bickerstaffe in Top Team Shake-up

British retailer Marks & Spencer on Tuesday promoted food boss Stuart Machin and strategy chief Katie Bickerstaffe as part of a major shake-up...

K+S Cancels State Cedit Line after Sale of Salt Unit
K+S Cancels State Cedit Line after Sale of Salt Unit

German potash miner K S on Tuesday said it would no longer need to draw on a German state credit line it was granted last year, citing financial...

Credit Suisse to Hire over 1,000 IT Staff in India in 2021
Credit Suisse to Hire over 1,000 IT Staff in India in 2021

Credit Suisse Group said it planned to hire over 1,000 IT employees in India this year to show its commitment to the country and its intention to...

May 14, 2021
Orange to Lay off 485 Employees in Spain
Orange to Lay off 485 Employees in Spain

Orange’s Spanish business will lay off up to 485 employees in the coming weeks, the company said on Friday, citing years of shrinking income...

May 12, 2021
Uber, Lyft Want More Public Subsidies to Meet EV Mandates
Uber, Lyft Want More Public Subsidies to Meet EV Mandates

California clean-air regulators want nearly all trips on Uber and Lyft ride-hailing platforms to be in electric vehicles, mandating costly measures...

Ginkgo to Merge with Harry Sloan-Led SPAC in $17.5B Deal
Ginkgo to Merge with Harry Sloan-Led SPAC in $17.5B Deal

Ginkgo said on Tuesday it was planning to go public through a merger with a blank-check vehicle backed by former Hollywood executives Harry Sloan...

May 11, 2021
Russia's TCS Group Reports Record Q1 Net Profit
Russia's TCS Group Reports Record Q1 Net Profit

Russian lender TCS Group Holding said on Tuesday it made a record net profit in the first quarter as it increased the number of customers and...

May 10, 2021
Telefonica Sells Four Data Centres to Nabiax for 20% Stake
Telefonica Sells Four Data Centres to Nabiax for 20% Stake

Spanish Telecom company Telefonica said on Monday it has agreed to sell four data centres to Nabiax, which had already bought 11 of its centres, in...

May 6, 2021
Subscription Platform ReCharge Raises $277 Million
Subscription Platform ReCharge Raises $277 Million

ReCharge, a provider of subscription management software for e-commerce, said on Thursday it had raised $277 million bringing its valuation to $2.1...

May 5, 2021
Securitas' Profit Rises as Pandemic Stymies Sales Growth
Securitas' Profit Rises as Pandemic Stymies Sales Growth

Security services company Securitas reported on Wednesday a slightly smaller rise than expected in first-quarter profit as the slump in demand for...

May 4, 2021
Saudi Aramco Beats Estimates with 30% Hike in Q1 Profit
Saudi Aramco Beats Estimates with 30% Hike in Q1 Profit

Oil giant Saudi Aramco reported a 30% jump in net income Tuesday, in a sign of a continued recovery from the previous year’s oil market crash...

April 30, 2021
Italy's Eni to Sell Stake in Retail-Renewables Business
Italy's Eni to Sell Stake in Retail-Renewables Business

Italian energy group Eni said it was planning to sell or list a minority stake in its new retail and renewable energy business as it reported a...

Chinese Nio says Chip Shortage will Slow Car Deliveries
Chinese Nio says Chip Shortage will Slow Car Deliveries

Chinese electric car start-up Nio said Friday it expects a global chip shortage will drag down vehicle deliveries in the second quarter. A fire in...

Australia's Bank Profits seen Doubling after COVID-19 Hit
Australia's Bank Profits seen Doubling after COVID-19 Hit

Three of Australia’s Big Four banks are set to unveil a more than doubling in interim profits, higher dividends and lower provisioning for...

April 29, 2021
Russian Lender Sberbank Posts Record $4 bln Profit
Russian Lender Sberbank Posts Record $4 bln Profit

Russia’s Sberbank made a record profit in the first quarter of 2021, more than doubling year on year thanks to lower provisions against bad...

Canadian Transat Secures C$700 mln in Government Funding
Canadian Transat Secures C$700 mln in Government Funding

Struggling Canadian tour operator Transat AT said on Thursday it would borrow up to C$700 million ($569.71 million) from the Canadian government...

Travel Bookings firm TravelPerk Raises $160 mln
Travel Bookings firm TravelPerk Raises $160 mln

Corporate travel bookings platform TravelPerk on Thursday said it had raised $160 million from a group of investors led by venture firm Greyhound...

Yandex to Buy Acropol Bank to Develop Financial Services
Yandex to Buy Acropol Bank to Develop Financial Services

Yandex said on Thursday it had agreed to buy mid-sized bank Acropol for 1.1 billion roubles ($14.8 million), a move that will secure a banking...

French SPAC Pegasus Europe Raises 500 mln Euros
French SPAC Pegasus Europe Raises 500 mln Euros

The “Pegasus Europe” special purpose acquisition vehicle (SPAC) launched by Tikehau Capital and others including financier Jean-Pierre...


Business as the main participant of transactions in the Forex and stock markets

Business is an integral component of the world economy, which have a huge influence on the traders behavior on the stock and currency markets. Mergers and acquisitions or bankruptcy of large corporations can change the dynamics on financial markets giving them new trends. If investor purchased shares of one or another company, he must follow all the events, which take place around the selected business and its competitors to have an opportunity at any time to turn news data in his favor and to reduce risks to investments.

Business as the foundation of intensive development of the economy and financial markets

The economy of developed and emerging countries is based on entrepreneurship which is responsible for the production of industrial products and general consumer goods, as well as products, which have export potential and bring to the state a significant share of the profits. In turn, this have an impact on significance of the national currency, what is clearly reflected on the foreign exchange market. Timely analysis will allow traders and investors to choose the right strategy and get the desired profit.

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree