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TikTok prepares for immediate US shut-off on Sunday – The Information

Investing.com– TikTok, the widely popular short-video platform, is bracing for a potential shutdown in the United States as early as this Sunday, The Information reported on Wednesday citing sources familiar…

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Nokia signs multi-year patent license agreement with Samsung

COPENHAGEN (Reuters) – Finland’s Nokia (HE:NOKIA) said on Wednesday it had signed a multi-year patent license agreement with Samsung (KS:005930) , for the use of Nokia’s video technologies in the…

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VW’s Skoda Auto posts 6.9% rise in 2024 deliveries

PRAGUE (Reuters) – Global deliveries for Czech carmaker Skoda Auto, part of the Volkswagen (ETR:VOWG_p) Group, rose by 6.9% in 2024, to 926,600 vehicles, boosted by rising sales in Europe…

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Hays warns of profit at the lower end of expectations as recruitment market slows

Investing.com — Hays (LON:HAYS) on Wednesday in a stock exchange filing cautioned that its pre-exceptional operating profit for the first half of its financial year is likely to come in…

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Earnings bar lowered for Europe, but recovery possible, says Barclays

Investing.com — IBES earnings per share (EPS) growth estimates for Q4 2024 have been sharply reduced to just 2% for Europe, compared to a more modest cut to 8% in…

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Pfizer to sell $3 billion stake in Sensodyne maker Haleon

(Reuters) -Pfizer will sell shares worth 2.50 billion pounds ($3.05 billion) in Haleon, lowering its stake in the British consumer healthcare company to about 7.3% from 15%, its bookrunner JPMorgan…

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ASOS to close Atlanta distribution center

Investing.com — ASOS (LON:ASOS) on Wednesday announced plans to mothball its Atlanta distribution center in the second half of 2025, marking a shift in the company’s logistics strategy in the…

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European shares advance as bond yields ease; soft inflation powers UK stocks

(Reuters) – European shares opened higher on Wednesday due to broad-based gains as bond yields took a breather ahead of a crucial inflation reading in the United States, while British…

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Indonesia stocks higher at close of trade; IDX Composite Index up 1.68%

Investing.com – Indonesia stocks were higher after the close on Wednesday, as gains in the Financials, Infrastructure and Agriculture sectors led shares higher. At the close in Jakarta, the IDX…

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S&P 500 still dependent on Tech to drive growth this season: Barclays

Investing.com — The S&P 500 (SPX) remains dependent on technology stocks to drive growth in the Q4 2024 earnings season, Barclays (LON:BARC) strategists said in a note Wednesday. The performance…

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