Super Micro stock surges
Super Micro Computer (SMCI) saw a sharp rally this week following its announcement of a compliance plan submitted to the SEC to prevent delisting from the Nasdaq. Shares surged 16%…
GAINTOMO AI™: Crypto Trading with Intelligent Automation
In the rapidly evolving landscape of cryptocurrency trading, GAINTOMO AI emerges as a revolutionary solution, combining advanced artificial intelligence with user-friendly trading functionalities. As more individuals seek opportunities in the…
Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition
By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT (Reuters) – As Volkswagen (ETR:VOWG_p) and unions gear up for the next round of talks over wages and plant closures in Germany, company…
HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
By Lawrence White LONDON (Reuters) – HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5…
IG Metall threatens historic labour battle if VW insists on plant closures
BERLIN/WOLFSBURG (Reuters) – Workers are prepared to make concessions worth 1.5 billion euros ($1.58 billion) in ongoing negotiations with Volkswagen (ETR:VOWG_p) over cost cuts, warning of a far-reaching conflict if…
Severn Trent shares rise on strong H1 results, capex boost
Investing.com — Shares of Severn Trent (LON:SVT) rose on Wednesday following the release of its first-half financial results for the 2024/25 fiscal year, which showcased strong revenue growth, improved profitability,…
Equities can withstand recent rise in yields, says UBS
Investing.com — US Treasury yields moderated recently, with the yield on 10-year notes retreating from an intraday peak of 4.5% to approximately 4.38% at market close. Still, the yield remains…
Cinven secures Italian nod to sell minority stake in Synlab to Labcorp
ROME (Reuters) – Private equity firm Cinven secured a conditional approval from Italian authorities over its plan to sell a 15% stake in diagnostic service provider Synlab to laboratory operator…
Mutual fund and ETFs post-election inflows similar to 2016: Goldman
Mutual fund performance was weak during the first eight months of the year but has since stabilized, according to Goldman Sachs. Only 31% of large-cap mutual funds are outperforming their…
HSBC relaunches ‘Premier’ wealth in UK – report
Investing.com — HSBC (LON:HSBA) is relaunching its “Premier” wealth management brand in the United Kingdom, focusing on affluent individuals with investable assets ranging from £100,000 to £2 million, Reuters reported…