Business news
CoreWeave Set to Climb 18% in Debut, on Track for $27B Valuation
UBS has received regulatory approval to fully own Beijing-headquartered UBS Securities, the Swiss bank said on Friday, completing a key step...
A group of Italian fund managers said on Friday it would put forward four candidates for the new board of Generali, adding to uncertainty over the...
Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which...
British retailer WH Smith agreed on Friday to sell its UK high street business to Modella Capital for 76 million pounds ($98 million) to...
Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions about the timing of...
Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on...
Trafigura-owned refined products business Puma Energy reported a 5% rise in net profit in 2024 financial results released on Thursday, the third...
CNOOC Ltd on Thursday reported a 11.4% growth in 2024 net profit on record oil and gas output despite weaker oil prices. The...
South Korea's financial market watchdog on Thursday ordered Hanwha Aerospace to submit a revised filing after the defence company...
U.S. President Donald Trump's actions to raise import tariffs will drive prices up for American consumers, the CEO of fast-fashion retailer...
Private equity firm KKR is nearing a deal to acquire Japanese medical gear maker Topcon , according to people familiar with the matter,...
British clothing retailer Next joined the one billion-pound profit club on Thursday, but while investors celebrate, they are also...
Spanish lenders Santander and BBVA are negotiating with the European Central Bank (ECB) to get a more favourable capital treatment for...
The incoming CEO of Japanese chip materials maker JSR plans to focus on restoring the company's business performance, shifting away from...
When Royal Bank of Canada convenes its first investor day in seven years on Thursday, shareholders will focus on growth, as trade tensions...
China's biggest brokerage CITIC Securities Co , reported a 10% rise in net profit in 2024, driven by growing investment gains as domestic...
Portugal's flag carrier TAP on Wednesday posted a near 70% drop in 2024 profit as its fourth-quarter loss more than doubled chiefly due to...
Wipro , India's No.4 IT services provider, won a 10-year deal worth 500 million pounds ($645.4 million) from British insurer Phoenix...
British supermarket group Morrisons' sales growth slowed in its first quarter, reflecting a previously flagged cyber attack at its technology...
Bank of China beat forecasts on Wednesday with a 2.6% rise in 2024 net profit, according to a filing. Profit climbed to 237.84 billion...
Porsche SE, Volkswagen's largest shareholder, plans to expand its investments and diversify its holdings, it said on Wednesday, after...
North Sea oil and gas company Ithaca Energy forecast higher 2025 production on Wednesday, encouraged by the recent acquisition of the UK...
Tesla will launch in Saudi Arabia early next month, according to a post announcing the opening on the company's website. Elon Musk's...
DBS Group , Southeast Asia's top bank by assets, is the frontrunner to buy a controlling stake in Indonesia's Panin Bank, three people...
Activist investor Keith Meister will join the board of gene-sequencing maker Illumina , and current board member Scott Gottlieb will become...
McCormick missed first-quarter profit estimates on Tuesday, as higher promotional expenses and price cuts for its spices, sauces and...
Merck has signed a licensing agreement for a heart disease drug with Jiangsu Hengrui Pharmaceuticals worth up to $2 billion, the latest...
Honeywell said on Tuesday it has appointed David Sewell to lead its advanced materials business, which is set to be spun off into an...
Tesla's market share in Europe continued to shrink year-on-year in February, data showed on Tuesday, as sales of the all-electric car...
Escalating U.S. tariffs and Canadian retaliatory duties could raise costs on items from aircraft components to engine repairs, according...
Smithfield Foods forecast growth in annual sales and adjusted operating profit on Tuesday, helped by strong demand for its packaged meats at...
Ithaca Energy said on Tuesday it would acquire Japan Petroleum Exploration's (Japex) UK unit for $193 million, as it seeks to become...
BlackRock has launched its first bitcoin exchange-traded product in Europe, in a bid to tap growing demand for cryptocurrency exposure in new...
Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant would recommence hiring, emboldened with more confidence following President Xi...
Italy's Banco BPM has secured more than half of the capital of Anima Holding in its bid for the fund manager, Reuters calculations...
JPMorgan Chase and Walmart are partnering to speed up payments for merchants that sell items through the retail giant's...
South Korea's Hyundai Motor Group is set to announce a $20 billion investment in the United States at the White House on Monday, a U.S....
Chinese electric vehicle maker BYD's net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it...
China Sunac has become the first Chinese property developer to plan a second restructuring of its offshore debt. The company said in a...
German software company SAP overtook Danish healthcare company Novo Nordisk as Europe's largest company by market capitalisation on...
Shell said on Friday it has taken the final investment decision for Gato do Mato, a deepwater project offshore Brazil with a capacity of...
Cruise operator Carnival Corp raised its annual profit forecast on Friday, benefiting from higher ticket prices, resilient advance bookings...
Business as the main participant of transactions in the Forex and stock markets
Business is an integral component of the world economy, which have a huge influence on the traders behavior on the stock and currency markets. Mergers and acquisitions or bankruptcy of large corporations can change the dynamics on financial markets giving them new trends. If investor purchased shares of one or another company, he must follow all the events, which take place around the selected business and its competitors to have an opportunity at any time to turn news data in his favor and to reduce risks to investments.
Business as the foundation of intensive development of the economy and financial markets
The economy of developed and emerging countries is based on entrepreneurship which is responsible for the production of industrial products and general consumer goods, as well as products, which have export potential and bring to the state a significant share of the profits. In turn, this have an impact on significance of the national currency, what is clearly reflected on the foreign exchange market. Timely analysis will allow traders and investors to choose the right strategy and get the desired profit.