Shares in Nissan Motor Co. slumped about 6% on Tuesday after Mercedes-Benz announced plans to sell off its roughly $346 million stake in the Japanese automaker, adding fresh pressure on a company already grappling with steep losses and declining sales.At 2 pm in Tokyo, the shares were down by 5.98%…
Papa John’s International is set to make a comeback in India this October, nearly eight years after it shut down operations in the country following years of underperformance. The US pizza chain, the world’s third-largest in the delivery business, plans to open 650 stores nationwide over the next decade, according…
A political shockwave emanating from Washington is set to send European markets tumbling at the open on Tuesday, as investors grapple with an unprecedented assault on the independence of the US Federal Reserve. President Donald Trump’s abrupt firing of a central bank governor has injected a potent dose of instability…
Bunzl shares climbed on Tuesday after the distribution-and-outsourcing group delivered steady half-year results, reassured investors with its 2025 guidance, and announced the resumption of its suspended share buyback program.The stock rose by more than 5.3% to about 2,512 pence in opening London trade, making it the top performer on the…
The Federal Reserve is edging closer to another rate cutting cycle. The last time the benchmark interest rate was reduced was in December 2024.After two years of fighting inflation with aggressive hikes, Chair Jerome Powell indicated in Jackson Hole that the “balance of risks” is changing.Inflation risks are still there,…
Wood Group has moved a step nearer to leaving the London Stock Exchange after its board indicated it was minded to accept a reduced takeover offer from Dubai-based engineering group Sidara.The FTSE 250 oil services company said on Tuesday that Sidara, which had originally offered 35p a share in April,…
BT Group share price is in a strong bull run, moving to its highest point since 2017. It has risen in the last seven consecutive months, its longest winning streak since it went public over two decades ago. It has jumped by over 180% from its pandemic lows. Why BT Group…
Pudgy Penguins is preparing for the global launch of its new mobile game, Pudgy Party, with the release of a Soulbound Token (SBT) called “Early to the Party”. The SBT, a non-transferable digital badge, is designed to reward early players who pre-download the game before its official release on 29…
Bunzl shares climbed on Tuesday after the distribution-and-outsourcing group delivered steady half-year results, reassured investors with its 2025 guidance, and announced the resumption of its suspended share buyback program.The stock rose by more than 5.3% to about 2,512 pence in opening London trade, making it the top performer on the…
The Federal Reserve is edging closer to another rate cutting cycle. The last time the benchmark interest rate was reduced was in December 2024.After two years of fighting inflation with aggressive hikes, Chair Jerome Powell indicated in Jackson Hole that the “balance of risks” is changing.Inflation risks are still there,…