USD/RUB: Russian ruble forecast ahead of Trump-Putin meeting
The USD/RUB exchange rate moved sideways on Thursday as traders waited for the upcoming meeting between Donald Trump and Vladimir Putin of Russia. It was trading at 79.70 on Thursday, inside a range where it has been in the past
Here’s why the Lloyds share price has rallied this year
Lloyds share price continued its strong rally this week and is hovering at its highest level since 2008 before the Global Financial Crisis (GFC). LLOY was trading at 83.65p on Thursday, bringing the year-to-date gains to 60%, making it one
AMD stock price forecast: can the bullish momentum continue?
AMD stock price has staged a strong bull run this month as the artificial intelligence data center demand continues. It jumped to a high of $184.4 on Wednesday, its highest level since July 8, and 140% above the lowest level
Is SSK a better dividend fund than the blue-chip SCHD ETF?
The Schwab US Dividend Equity ETF (SCHD) is in a recovery mode as the US stock market rebounds. SCHD was trading at $27.45 on Thursday, its highest level since July 10 and lower than last year’s high of $28.90. This article
UMG shares rally after new multi-year pact with Spotify
Investing.com — Universal Music Group (AS:UMG) and Spotify (NYSE:SPOT) have announced a new multi-year deal for recorded music and publishing, the companies announced in a Sunday statement. The agreement includes a direct license between Spotify and UMG, spanning the US and
British Land stock drops following stake sale
Investing.com — Shares of British Land (LSE:LON:BLND) fell 1.5% after the company announced the sale of a 50% stake in Broadgate REIT, which is developing the 2 Finsbury Avenue scheme in London. The stake was sold to Modon,
Italy’s MPS shares fall ahead of Mediobanca board meeting on bid
By Giulia Segreti and Valentina Za ROME/MILAN (Reuters) – Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday’s losses, signalling lingering investor doubts over the bailed out Tuscan bank’s bid for bigger rival Mediobanca (OTC:MDIBY). On Friday, the
Fuji Media, rocked by sexual misconduct allegations, says executives to resign
By Rocky Swift TOKYO (Reuters) -Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV host. The scandal, which has led to
China Vanke’s CEO, chairman resign amid growing liquidity worries
(Reuters) – Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company’s liquidity as it faces several debt maturity deadlines this year. Xin Jie, the chairman of its
European chipmakers slump as traders gauge DeepSeek AI model
Investing.com – Shares in European chipmaking and data center-exposed stocks tumbled on Monday as investors fretted over the implications of the release of a new artificial intelligence model from Chinese firm DeepSeek. The start-up has launched a free assistant to rival that
Nasdaq futures tumble as China’s AI push rattles Big Tech
(Reuters) – Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia (NASDAQ:NVDA) the worst hit. Chinese startup DeepSeek has
BASF results down on impairments, restructuring
Investing.com — Shares of BASF (BU:BASF) traded lower on Monday as the company’s preliminary 2024 figures posted a sharp decline in earnings due to impairments and restructuring costs. According to the company’s statement, EBIT for 2024 is expected to reach €2
Adani, Ambani news units sue OpenAI over copyright, Reuters reports
Investing.com — A group of Indian digital news publishers, including those owned by billionaires Gautam Adani and Mukesh Ambani, have initiated a legal challenge against OpenAI, Reuters reported on Monday, citing legal papers. They allege that the AI company
China’s DeepSeek sets off AI market rout
SINGAPORE (Reuters) -Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors’ faith in the profitability of AI and the sector’s voracious demand for high-tech chips. Nasdaq 100