Category: News
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Dow, S&P 500, Nasdaq futures sink as jobs report blows past expectations
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US stock futures fell on Friday as cautious investors digested a final 2024 jobs report that smashed previous expectations on employment, raising more uncertainty about the path of interest rates this year. Dow Jones Industrial Average futures (YM=F) fell approximately 0.7%, while S&P 500 futures (ES=F) fell 0.8%. Contracts on…
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Dow, S&P 500, Nasdaq futures sink as jobs report blows past expectations
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US stock futures fell on Friday as cautious investors digested a final 2024 jobs report that smashed previous expectations on employment, raising more uncertainty about the path of interest rates this year. Dow Jones Industrial Average futures (YM=F) fell approximately 0.7%, while S&P 500 futures (ES=F) fell 0.8%. Contracts on…
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Dragons’ Den star Sara Davies retakes Crafter’s Companion reins amid pre-pack rescue
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Dragons’ Den businesswoman Sarah Davies is set to regain control of Crafter’s Companion, the craft supply company she founded, through a fast-track bankruptcy deal. The company, which has gained international fame for its paper, art and sewing products, has filed a notice of intent to appoint directors with the High…
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Dragons’ Den star Sara Davies retakes Crafter’s Companion reins amid pre-pack rescue
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Dragons’ Den businesswoman Sarah Davies is set to regain control of Crafter’s Companion, the craft supply company she founded, through a fast-track bankruptcy deal. The company, which has gained international fame for its paper, art and sewing products, has filed a notice of intent to appoint directors with the High…
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Minister rejects abolition of commuting injury benefit
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After a joint ministerial committee recommended derecognising accidents that occur on the way to work as work accidents, Labor Minister Yoav Ben Tzur (Shas) made it clear that he would not accept the recommendation. The committee, headed by Director General of the Ministry of Labor Yisrael Ozan and Deputy Director…
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Nvidia AI Chip Partnership Adds Fuel to MediaTek’s Share Rally
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(Bloomberg) — Growing collaboration with Nvidia Corp. has fueled investor optimism about MediaTek Inc.’s artificial intelligence growth potential. to a new high, putting its shares on track to achieve their first record high in seven months. Most read from Bloomberg The stock rose to its highest level in June this…
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Shein’s London float in jeopardy as MPs denounce ‘disrespect’ over forced labour questions
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Shen’s ambitions to list on the London Stock Exchange have come under renewed doubt after the fast-fashion giant came under fire by MPs for repeatedly failing to address concerns about its cotton sourcing and alleged forced labor in Xinjiang. The China-founded retailer, which hopes to secure a UK flotation this…
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Japan’s Household Spending Falls, Weighing on BOJ Rate Hike Path
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Breadcrumb links BMN Business Japanese households cut consumption for a fourth month as inflation continues to weigh on their purchasing power, showing economic fragility that is likely to make the Bank of Japan cautious about raising interest rates further. Article writer: Bloomberg News Yoshiaki Nohara Published on January 9, 2025…
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Shekel weakens sharply against US dollar
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The shekel is weakening sharply today against the US dollar and is strong against the euro. In the afternoon of interbank trading, the NIS-USD exchange rate rose 1.40%, to NIS 3.678/$, and the NIS-Euro rate rose 0.16%, to NIS 3.782/EUR. Yesterday, the Bank of Israel set the shekel-to-representative dollar rate…
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Wolfe Chooses the Best Internet Stocks to Buy
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With the new presidential administration set to come to power in less than two weeks, there is a sense of change in the air. Some changes are already evident – President-elect Trump has made clear his intention to implement new tax policies, and his previous term in office has already…
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Welsh brand Goodwash sees surge in sales following appearance in Gavin and Stacey Christmas finale
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Barry-based social enterprise The Goodwash Company has seen a significant 20% increase in online sales after appearing in the long-awaited finale of Gavin and Stacey’s Christmas special. The luxurious, cruelty-free hand wash has been showcased in Pam and Mick West’s Billericay bathroom, marking an important milestone for the Welsh brand.…
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Welsh brand Goodwash sees surge in sales following appearance in Gavin and Stacey Christmas finale
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Barry-based social enterprise The Goodwash Company has seen a significant 20% increase in online sales after appearing in the long-awaited finale of Gavin and Stacey’s Christmas special. The luxurious, cruelty-free hand wash has been showcased in Pam and Mick West’s Billericay bathroom, marking an important milestone for the Welsh brand.…
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Prospera Energy Inc. Announces Executive Leadership Appointment and Key Financial Developments
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on January 9, 2025 • 4 minutes…
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Elbit wins $60m European counter drone deal
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The modular, multi-sensor, multi-mission ReDrone system is part of Elbit’s advanced EW, Radars and SIGINT portfolio. Israeli Defense Electronics Company Elbit Systems Limited (Nasdaq: ESLT; level:ESLT) has been awarded a contract worth approximately $60 million to supply its layered counter-unmanned aerial systems (C-UAS) to a NATO country. The contract will…
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Dubai developer DAMAC signs $1 billion deal with blockchain platform MANTRA
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DUBAI (Reuters) – Mantra, a blockchain platform focused on real assets (RWAs), said on Thursday it has signed an agreement with Dubai-based real estate developer Damac Group to tokenize assets in the Middle East worth at least $1 billion, the two companies said on Thursday. Asset tokenization allows rights or…
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Sterling tumbles as bond yields soar, fanning fears over UK public finances
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The British pound suffered its biggest three-day drop in nearly two years this morning, as investors continued to unload British government debt and turn to the US dollar. By early trading, the pound fell 0.9 percent against the dollar to $1.226, briefly touching its lowest level since November 2023. The…
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Texas Refineries Prepare for First Winter Storm, Frigid January
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Breadcrumb links BMN Business Texas refineries are bracing for a blast of cold, snow and freezing rain as the first major winter storm sweeps through the southern United States in what is expected to be a very cold month. Article writer: Bloomberg News Barbara Powell and Nathan Reeser Published on…
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Why The Trump Inauguration Is A ‘Buy The News’ Event
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This article is also available in Spanish. Bitcoin fell to a low of $92,508 on January 8 after previously reaching $102,357 on Monday, representing a decline of nearly 10% in a matter of days. The immediate catalyst appears to be the rise in US Treasury yields on January 7, as…
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Wiz appoints CFO with IPO on the horizon
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After extensive research and a series of interviews, it has become the most valuable private technology company in Israel Wiz He appointed an experienced CFO. Fazal Merchant has been named CFO and president of the cybersecurity company, which last July rejected a $23 billion takeover offer from Google. Merchant gained…
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2 Top Fintech Stocks to Buy in January
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Financial technology (fintech) is a rapidly growing sector of the broader financial sector, and the revenues generated by companies in this space can be enormous. Boston Consulting Group estimates that the global fintech market will reach $1.5 trillion in sales by 2030. This is just an estimate, of course, but…