© Reuters. Investing.com– Most Asian stocks were a mixed bag on Monday, with Chinese shares under pressure after the People’s Bank unexpectedly kept lending rates on hold, while outperformance in Japanese markets continued. Sentiment towards regional markets remained wary in anticipation of more key economic cues this week, including Chinese data and and . Beijing’s
The Chairman and Chief Executive Officer of Aerofield Homes Limited, Lagos, Armstrong Akintunde, has lauded the appointment of Abdulrahman Yinusa as the Group Managing Director /Chief Executive Officer, Odu’a Investment and Yemi Ajao as Executive Director, Group Chief Investment and Business Development Officer will boost the conglomerate’s productivity. Akintunde, in a statement made available to
APM Terminals has lined up $500m for a container terminal on the West Bank of Plaquemines Parish in Louisiana, US. Maersk’s port operating arm, which currently operates four container terminals in the US and 62 globally, has executed a letter of intent with Plaquemines Port for a new terminal that is said to hold significant
Electric vehicle enthusiasts are eagerly waiting for the first full solar-powered car to reach consumers, but the industry has hit several speed bumps as solar EV startup companies rise and fall. However, one company, Aptera, just secured a tier-1 battery supplier and a major investment, giving it a big boost and a lot of optimism
Daniel Balakov Investment Strategy Outlook 2023 was a very strong year in global stock markets, with optimism being driven by falling inflation, tight labor markets, and a resilient consumer. Equities screamed higher in the fourth quarter (and particularly so in the U.S.), as the Federal Reserve’s December pivot toward 2024 interest rate cuts reignited investors’
NEW YORK, Jan. 14, 2024 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Expensify, Inc. (“Expensify” or the “Company”) (NASDAQ: EXFY) and certain officers. The class action, filed in the United States District Court for the District of Oregon, and docketed under 23-cv-01784, is on behalf of a class
With a midair emergency, disappointing profit forecast and more aircraft groundings after only two weeks, the airline industry is already off to a turbulent 2024. That only vindicates Warren Buffett, who dumped $4 billion worth of airline stocks in the pandemic and will most likely never give the industry another chance. Buffett, chief executive officer
QUITO, Ecuador—When Rafael Correa entered Ecuador’s presidency in 2007, the nation faced an opportunity and a challenge. Ecuador’s economy depended on oil, and global crude prices were near a record high. Much of the oil was extracted by foreign companies, however, so as prices surged more wealth began flowing overseas. More than a third of
China’s internet giants from Alibaba Group Holding to Tencent Holdings slashed external investments last year amid an economic slowdown, regulatory headwinds and geopolitical tensions, according to data compiled by a Chinese consultancy. Total investment deals made by Alibaba, Tencent and Baidu plunged by nearly 40 per cent to 102 in 2023, with Tencent – known
Ah, these are good days to have some savings — am I right? Bank bonuses for large deposits in new accounts are getting heftier, APYs on CDs are the highest they’ve been in almost two decades, and everyone that’s anyone is offering generous interest rates on no-fee savings accounts. It seems like everywhere you look,