Intriguing Halt: TSMC Ceases Chip Deliveries to Unnamed Client in Huawei Device

Leading chip manufacturer Taiwan Semiconductor Manufacturing Co (TSMC) has halted shipments to one of its customers after discovering that its chips were used in ...

U.S. Existing Home Sales Plummet to Lowest Level Since 2010

In September, existing home sales in the U.S. fell to their lowest level in 14 years, reaching a significant low despite a slight increase in housing inventory. H...

Headline: BRICS Summit Unveils the Kazan Declaration Addressing Global Challenges

As a significant development, the BRICS countries released the Kazan Declaration, addressing numerous urgent global conflicts and economic challenges. The group, ...

Jim O'Neill's Critique: The Global Economic Impact of BRICS

Former Goldman Sachs economist Jim O'Neill, known for coining the term BRIC, has expressed doubts about the BRICS group's ability to challenge the U.S. dollar and...

Eurozone Consumer Confidence Sees Slight Uptick in October

According to the data released today, consumer confidence in the Eurozone showed a slight increase in October, reaching a level of -12.5. This marks a 0.4-point r...

IMF Official Urges UK to Master Debt Management and Sustain Investment

Vitor Gaspar, the Director of the International Monetary Fund's Fiscal Affairs Department, emphasized the importance of safeguarding public investment while manag...

Headline: Brazil's Inflation Expectations Surpass Central Bank's Target

BRASILIA/SAO PAULO – Paulo Picchetti, the director of international affairs at Brazil's central bank, emphasized on Wednesday that the country's inflation expecta...

"Harbour Energy Eyes U.S. Listing Amidst North Sea Exit Strategy"

A significant shift is occurring in the North Sea oil sector, as leading UK producer Harbour Energy seeks to divest its stakes in several North Sea oil fields. Si...

Exciting Moves: Harbour Energy Eyes U.S. Listing as it Exits the North Sea

A significant shift is occurring in the North Sea oil sector. Leading British producer Harbour Energy is attempting to sell its stakes in several North Sea oil fi...

Headline: Grupo Mexico's Q3 Net Profit Surges by 17.55%

Grupo Mexico, a leading mining and transportation conglomerate, reported a substantial 17.55% increase in its net profit for the third quarter. This rise was attr...

G20 Exudes Optimism on Global Economic Outlook

The G20 group of finance ministers is optimistic about achieving a "soft landing" for the global economy, according to a draft communique. The document, which may...

"Qualcomm and Alphabet Join Forces for AI in Cars, Mercedes Inks Chip Deal"

Qualcomm Inc. (NASDAQ:QCOM) announced a collaboration with Alphabet Inc. (NASDAQ:GOOGL) to enable automakers to develop their own artificial intelligence (AI) voi...

Headline: Shell Expands Horizons with Acquisition of RISEC Holdings Power Plant

In an effort to strengthen its energy portfolio, Shell plc announced an agreement to acquire RISEC Holdings through its subsidiary Shell Energy North America (SEN...

Headline: US Corporations Turn to Seasoned Leaders Amid Economic Challenges

In response to current economic fluctuations, many US companies have appointed experienced executives as CEOs to stabilize operations and address investor concern...

Headline: Tesla, Lam Research, IBM, and More: Movers in After-Hours Trading

Stocks Moving After Market Close:

Tesla (NASDAQ:TSLA) rose 8% after surpassing earnings per share forecasts for the third quarter and announcing a modest growth ...

Headline: L'Oreal's Q3 Sales Fall Short of Expectations Amid Challenges in China

French cosmetics giant L'Oreal reported a lower-than-expected sales growth for the third quarter, attributing the slowdown to a decline in consumer confidence in ...

Headline: Popular Incorporated Reports Mixed Third Quarter Results, Shifts Focus to the Future

Popular Incorporated (BPOP) reported mixed financial performance in its third-quarter earnings review. CEO Ignacio Alvarez announced a net income of $155 million,...

Headline: Usana Health Sciences Navigates Challenges, Maps Out Growth Plans

Usana Health Sciences Inc. (NYSE: USNA) reported a challenging third quarter on the earnings call held on October 24, 2024, with net sales falling short of expect...

Headline: Starbucks Disappoints: Earnings Lag at $0.23, Falling Short of Expectations

Starbucks (NASDAQ: SBUX) reported fourth-quarter earnings per share of $0.80, falling short of analysts' expectations of $1.03 by $0.23. The reported revenue for ...

Headline: Stellantis Faces Congressional Pressure Over UAW Agreement

Approximately 80 members of the U.S. Congress, including Senate Majority Leader Chuck Schumer and Senator Dick Durbin, have urged Stellantis, the parent company o...

Eurofins Remains Optimistic Despite Third Quarter Weakness, Sets Sights on Long-Term Growth

Eurofins Scientific SE (ERF.PA), a global leader in bioanalytical testing, reported mixed performance in its 2024 Nine-Month Trading Update for the third quarter ...