Business news
Asia Growth Drives 4% Rise in Prudential Operating Profit
Shares of Apple closed up 5.39% on Monday to a price of $127.79, outpacing the NASDAQ, which was only up 3.01% percent. It was Apple’s...
Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce...
Nippon Steel, the world’s No.3 steelmaker, will boost research and development (R&D) spending to speed decarbonisation in steelmaking as...
Beyond Meat Inc said on Monday Chief Financial Officer Mark Nelson, who played a key role in the plant-based patty maker’s blockbuster public...
In October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have watched for...
Costco Wholesale Corp is raising the minimum wage for its hourly staff to $16 from next week, a dollar more than what its competitors Amazon.com...
Shares of heavily-shorted airline Air France KLM rallied as much as 10% on Thursday as early signs of easing travel restrictions lured investors to...
French retailer Casino on Thursday vowed to boost its profitability and cash flow further this year and push on with its asset disposal plan to...
Anglo Pacific has agreed to buy a share of cobalt production from Vale’s Voisey’s Bay mine in Canada, giving the mining royalty and...
Lloyds Banking Group reported a sharp fall in profits for 2020 but resumed paying a dividend, as outgoing CEO António Horta-Osório...
Hong Kong Stock Exchange’s operator posted a 23% jump in 2020 net profit on Wednesday that was marginally above estimates, buoyed by higher...
A blank-check firm backed by billionaire Alec Gores and investment bank Guggenheim Partners is looking to raise nearly $750 million through an...
Royal Caribbean Group reported a billion-dollar net loss for the fourth straight quarter on Monday, as the cruise operator continued to be affected...
Greece’s Alpha Bank will sell a 10.8 billion euro ($13.09 billion) portfolio of impaired loans and 80% of loan services provider Cepal...
Danone said on Thursday 2021 would be a year of recovery with a return to profitable growth in the second half following a tough first quarter and...
German conglomerate Thyssenkrupp ended talks to sell its steel division to Britain’s Liberty Steel due to differences over value, the latest...
Barclays on Thursday reported a full-year profit of £1.53 billion ($2.11 billion) for 2020, down 38% from 2019 but outstripping analyst...
Fortnite creator Epic Games has taken its fight against Apple to European Union antitrust regulators after failing to make headway in a U.S. court...
Jaguar Land Rover’s luxury Jaguar brand will be entirely electric by 2025 and the carmaker will launch e-models of its entire lineup by 2030,...
Vantage Towers, the infrastructure business spun out by Vodafone, said on Monday it had expanded its tower portfolio as it confirmed its outlook...
Former UniCredit boss Jean-Pierre Mustier is teaming up with France’s richest man Bernard Arnault to launch a special purpose acquisition...
Nissan Motor Co Ltd said on Monday it is not in talks with Apple Inc, following a report that the iPhone maker approached the Japanese company in...
Uber on Monday called on EU regulators to recognise the value of independent contracts in job creation as they consider new rules to protect gig...
Britain’s Rolls-Royce named Panos Kakoullis as its new chief financial officer, picking the former head of Deloitte’s audit and...
Satellite operator Intelsat SA said on Friday it has filed a restructuring plan backed by some of its creditors, in a bid to reduce debt and emerge...
L’Oreal’s shares rose on Friday after the world’s biggest cosmetics group reported higher-than-expected revenue growth for the...
AstraZeneca has reported a 10% rise in product sales for 2020, a year in which the drugmaker has featured prominently for its work developing a...
Canada’s Inter Pipeline Ltd said on Thursday that an unsolicited offer of up to C$18.25 ($14.41) per share from Brookfield Infrastructure...
IKEA stores owner Ingka Group said on Thursday it had agreed to buy a 49% stake in financial services partner Ikano Bank as part of a push to boost...
Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, accelerating previous targets, as oil production was set to slowly...
Norway’s Adevinta posted stronger-than-expected revenues for the final three months of 2020 and said its planned takeover of eBay’s...
Europe’s aviation sector on Thursday laid out how it could eliminate its net carbon dioxide emissions by 2050, a commitment it said would...
Global financial firms including Goldman Sachs, BlackRock and Fidelity International are poised to add hundreds of staff in China this year as they...
Fitness companies Beachbody LLC and Myx Fitness LLC will go public through a three-way merger with a blank-check firm affiliated with former TikTok...
Pictet’s assets under management rose to a record high in 2020, the Swiss private bank said on Wednesday, as wealthy clients channeled cash...
Saudi Aramco is preparing a financing package of up to $10 billion that it could offer to buyers of its pipeline business unit, three sources said,...
Societe Generale beat analyst expectations on Wednesday with what it described as a “significant improvement” in the business during...
Macquarie, the world’s largest infrastructure investor, has raised 1.6 billion euros ($1.93 billion) for its second global renewables fund,...
Pet care firm IVC Evidensia has completed a 3.5 billion euro ($4.2 billion) private funding round as the pet care industry booms in the COVID-19...
The Hong Kong stock exchange operator on Tuesday named JPMorgan Chase & Co’s international private bank head Nicolas Aguzin as its chief...
Hyzon Motors Inc has agreed to go public through a merger with blank-check firm Decarbonization Plus Acquisition Corp in a deal that values the...
Japanese automaker Honda Motor Co on Tuesday hiked its full-year operating profit forecast 23% to 520 billion yen as demand in China and elsewhere...
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.