Hennes & Mauritz posted stronger-than-expected third-quarter earnings on Thursday, sending its shares sharply higher as investors welcomed signs of progress in the Swedish retailer’s turnaround plan.Shares rose as much as 11% in early European trading, buoyed by evidence that management’s efforts to reshape the business through new collections, tighter cost…
Argentina’s currency market has been flooded with dollars after exporters rushed to sell grain earnings under a temporary tax break introduced by President Javier Milei’s administration. The move, paired with foreign exchange pledges of US support, has strengthened the peso and revived pressure on the government to rebuild its dwindling…
Nscale, the artificial intelligence data centre developer, has secured $1.1 billion in fresh financing, just one week after announcing a partnership with Nvidia and OpenAI in the UK. The funding round, led by Norwegian energy giant Aker ASA alongside investors such as Point72, Nvidia, and Nokia, positions Nscale at the…
Asian equities finished Thursday’s session largely flat as enthusiasm from recent AI-driven gains cooled and expectations for aggressive US interest rate cuts diminished. Investors weighed concerns over a slowing US labour market and persistent inflation while awaiting fresh data, including jobless claims and the Federal Reserve’s preferred inflation measure, the…
The European Union has launched a probe into SAP SE, investigating whether the German software company restricted competition in the market for on-premise maintenance and support services tied to its Enterprise Resource Planning (ERP) program. Regulators suspect that SAP’s policies may have limited customer choice by making it harder for…
The clock is ticking toward a crisis. As a bitter political impasse between congressional Democrats and Republicans deepens, the risk of a partial US government shutdown beginning next week is rising, casting a long and anxious shadow over the nation’s financial markets. While Wall Street has historically shrugged off these…
Investor Insight With a targeted, execution-driven strategy, Zeus Resources is positioning itself as an emerging critical minerals explorer with a compelling investment story that leverages a strengthening antimony market and a clear path from discovery to production. Overview Zeus Resources (ASX:ZEU,FSE: ZEU) is a dynamic mineral exploration company focused on…
Chris Marcus, founder of Arcadia Economics, discusses silver’s recent price activity and where the white metal could be headed next. He also weighs in on supply and demand dynamics, as well as the question of price suppression. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company…
Copper prices rose on Wednesday (September 24) after Freeport-McMoRan (NYSE:FCX) announced that operations will remain halted at its Grasberg copper-gold mine in Indonesia. The mine was shut down on September 8 following the ingress of 800,000 metric tons of wet material, which trapped seven workers. The bodies of two workers…
American Uranium (AMU:AU) has announced Lo Herma Resource Expansion Drilling Approved Download the PDF here. This post appeared first on investingnews.com