The pressure’s on for S&P 500 companies to justify their high valuations, given the index’s price-to-earnings ratio of 21.5 – well above the historical norm of 15.7. UBS forecasts a 4.7% increase in ...
What’s going on here? Avangrid, a branch of Spain's Iberdrola, has secured a $450 million federal contract for the Maine Transmission project, boosting its role in US energy infrastructure. This ...
What’s going on here? AkzoNobel, the company behind Dulux paints, is strategizing in South Asia's decorative paints market, considering options like partnerships and restructuring amid tough economic ...
What’s going on here? Chinese courier FlashEx, formerly known as BingEx, raised $66 million in its US IPO, achieving a $1.17 billion valuation and debuting on Nasdaq. FlashEx's IPO success highlights ...
What’s going on here? The release of the S&P Global Whole Economy PMI for September has investors on edge about potential shifts in South African markets, especially as SPAR names a new CFO. South ...
What’s going on here? India's foreign exchange reserves have skyrocketed to an all-time high of $700 billion, marking a streak of seven consecutive weeks of growth – driven by the Reserve Bank of ...
What’s going on here? Triata Capital took the spotlight in September, posting an outstanding 44% return by seizing opportunities in undervalued sectors like data centers and travel, as Chinese markets ...
What’s going on here? The US dollar index fell 4.8% in Q3, its biggest drop in almost two years, as shifts in Federal Reserve policy and actions by global central banks shook currency markets. The ...
Spirit Airlines is navigating significant financial turbulence following the collapse of its $3.8 billion merger with JetBlue Airways. This year, Spirit's stock has nosedived over 85%, exacerbated by ...
What’s going on here? US natural gas futures are climbing for the sixth straight week, fueled by worries over dwindling supply and lower-than-expected storage injections. The excitement in the natural ...
What’s going on here? Rivian has scaled back its 2024 production targets due to parts availability issues and a dip in electric vehicle demand, adjusting its forecast to between 47,000 and 49,000 ...
What’s going on here? December arabica coffee futures have climbed 1.3% to $2.5330 per pound, despite being on track for almost a 6% loss over the week – reflecting jittery markets amid weather ...