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Month: November 2024

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Viatris fined in Morocco over merger notification, sources say
Posted inEconomy

Viatris fined in Morocco over merger notification, sources say

By Ahmed Eljechtimi RABAT (Reuters) -U.S. pharmaceutical giant Viatris Inc (NASDAQ:VTRS). has been fined 7.58 million dirhams ($760,000) by Morocco’s competition regulator for failing to notify it regarding its merger,…
Posted by November 21, 2024
Economists see Russian inflation exceeding the central bank’s 2024 estimate
Posted inEconomy

Economists see Russian inflation exceeding the central bank’s 2024 estimate

By Gleb Bryanski and Darya Korsunskaya MOSCOW (Reuters) – Leading Russian economists expect inflation in Russia to exceed the central bank’s estimate for this year, increasing the likelihood of another…
Posted by November 21, 2024
Bank of Israel to leave rates steady, talk of hikes eases up: Reuters poll
Posted inEconomy

Bank of Israel to leave rates steady, talk of hikes eases up: Reuters poll

By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to hold the line on short-term interest for a seventh straight policy meeting next week, with a stabilisation…
Posted by November 21, 2024
Russia’s central banker in charge of digital payments system resigns
Posted inEconomy

Russia’s central banker in charge of digital payments system resigns

MOSCOW (Reuters) – The Russian central bank’s First Deputy Governor Olga Skorobogatova, who was in charge of the regulator’s digital projects including the digital rouble and the domestic payments system,…
Posted by November 21, 2024
Nvidia’s ‘flawless’ results a ‘bright green light’ to own the stock, Wedbush says
Posted inStock

Nvidia’s ‘flawless’ results a ‘bright green light’ to own the stock, Wedbush says

Investing.com — Nvidia (NASDAQ:NVDA) reported earnings for the fiscal first quarter, and the “flawless” results are a nod for investors to own the stock heading into 2025, Wedbush analysts said…
Posted by November 21, 2024
PayPal fixes outage that affected thousands worldwide
Posted inStock

PayPal fixes outage that affected thousands worldwide

(Reuters) -Payments firm PayPal (NASDAQ:PYPL) said on Thursday it had resolved an issue that led to a global outage affecting thousands of users for nearly two hours. The company experienced…
Posted by November 21, 2024
BofA calls Comcast’s cable network spin-off “strategic step”
Posted inStock

BofA calls Comcast’s cable network spin-off “strategic step”

Investing.com – BofA analyst on Thursday said Comcast Corp (NASDAQ:CMCSA) decision to spin off its cable networks, excluding Bravo, and some digital assets into a separate company, was a “positive strategic…
Posted by November 21, 2024
Two Sigma to cut 200 jobs after review – Bloomberg
Posted inStock

Two Sigma to cut 200 jobs after review – Bloomberg

NEW YORK – Two Sigma Investments, a prominent hedge fund, is set to reduce its workforce by approximately 200 employees, a move that comes after a comprehensive business review by…
Posted by November 21, 2024
Palo Alto initial negative stock reaction ‘overblown’ Wedbush says
Posted inStock

Palo Alto initial negative stock reaction ‘overblown’ Wedbush says

Investing.com — Palo Alto Networks reported strong first-quarter results, but initial market reactions to its conservative guidance may not fully capture the company’s positive trajectory, according to Wedbush analysts. While revenue…
Posted by November 21, 2024
UBS flags ‘sluggish’ Europe growth as it takes $170 million credit hit
Posted inStock

UBS flags ‘sluggish’ Europe growth as it takes $170 million credit hit

By Dave Graham and Oliver Hirt ZURICH (Reuters) – UBS has seen weak European growth hit companies it lends to, CFO Todd Tuckner said on Thursday, with the bank facing…
Posted by November 21, 2024

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