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Nutanix: slow progress

Nutanix's business is proving resilient, despite the tough macro environment. Recent strength must be weighed against the temporary tailwind from supp...

June 14, 2023, 8:35 am

Usd/chf remains on the defensive below mid-0.9000s, fed decision awaited

USD/CHF struggles to gain any meaningful traction on Wednesday and oscillates in a narrow band. Bets for an imminent Fed rate-hike pause undermine the...

June 14, 2023, 3:44 am

Usd/cad consolidates in a range above 1.3300 as traders keenly await fomc decision

USD/CAD struggles to gain any meaningful traction and oscillates in a narrow band on Wednesday. Bets for an imminent Fed rate hike pause weigh on the ...

June 14, 2023, 1:59 am

Stellantis n.v.: dodge, made in italy

Dodge is part of the Stellantis group of automotive brands. The brand has only the tiniest number of nameplates left in its portfolio. Facing a dwindl...

June 14, 2023, 1:56 am

Comerica plans to wind down its mortgage warehouse business

CEO Curtis Farmer said the warehouse sector, where Comerica provides lines of credit to mortgage banking companies, has not been providing much help a...

June 14, 2023, 1:29 am

Hydrogen-based renewable energy market size is expected to reach us$ 5.3 billion by 2031, rising at a market growth of 49.7% cagr during the forecast period | transparency market research, inc.

The market in Asia Pacific is projected to expand at a rapid pace in the next few years, due to a surge in demand for hydrogen in fuel cell vehicles a...

June 13, 2023, 8:30 pm

Student debt loan repayments could be a headwind to us consumer spending

An unheralded US economic risk this month is the fate of around $430 billion in forgiven US student debt.The Supreme Court will decide on whether Pres...

June 13, 2023, 8:09 pm

Equinor aims to boost brazil oil output over next decade

Equinor plans to expand its oil production in Brazil more than fivefold over the next decade, while also eyeing green energy projects especially in of...

June 13, 2023, 8:02 pm

Illumina acquisition of grail wins support from gop lawmakers, state ags as ftc tries to block

The groups argued in the briefs that the FTC overstepped its authority in trying to unwind Illumina's $7.1 billion acquisition of Grail....

June 13, 2023, 5:42 pm

Harness the equity bull run with this outperforming income etf

The S&P 500 hit bull market territory last week from October 2022 lows, and the latest declining inflation print could prove a tailwind for equities. ...

June 13, 2023, 4:39 pm

Breaking point: the looming crisis in commercial real estate (and a look at xlre)

Commercial real estate faces increasing risks due to tightening monetary policies, rising interest rates, and pandemic-induced structural changes. Acc...

June 13, 2023, 12:45 pm

Vonovia: likely further pain ahead but appears to be priced in

Vonovia, Germany's largest residential landlord, reported decent Q1 2023 results with 3.4% YoY rental growth and a healthy 2.2% vacancy rate. Rental s...

June 13, 2023, 12:27 pm

The moment is finally here: us cpi coming up next

The odds of a Fed hike tomorrow have dwindled to 21% in a sign that it will take an extraordinarily strong CPI report to change the Fed trajectory.The...

June 13, 2023, 12:18 pm

Citigroup (c) to slash jobs in its ib division amid slump

In response to the slump in dealmaking, Citigroup (C) follows its peers to navigate industry headwinds by resorting to another round of layoffs in its...

June 13, 2023, 12:18 pm

South africa pursues universal health cover in face of headwinds

South African lawmakers agreed a new health insurance bill on Tuesday, paving the way for universal healthcare to millions of poorer citizens in a maj...

June 13, 2023, 11:44 am

Copper could be the next big commodity bull run: kmet invests

Copper prices continue to fall on concerns of recession and demand pullback in the second half of the year. Despite short-term challenges, copper pric...

June 13, 2023, 10:26 am

Where will alibaba stock be in 5 years?

Alibaba has struggled with regulatory, competitive, and macro headwinds over the past five years. It's splitting up its sprawling business into six ne...

June 13, 2023, 9:45 am

Chemours (cc) gains on opteon adoption amid demand woes

While Chemours (CC) is exposed to headwinds from demand softness in certain areas, it gains on continued Opteon adoption, strong execution and its cos...

June 13, 2023, 9:17 am

Apa's unit ceases drilling & cuts jobs in uk due to high taxes

APA's subsidiary Apache suspends drilling operations at North Sea offshore UK. It is also reducing British workforce as a move to combat high...

June 13, 2023, 8:47 am

Hsbc to wind down retail banking business in new zealand

As part of its strategy to focus on the Asia region, HSBC announces its exit from the retail banking business in New Zealand....

June 13, 2023, 8:47 am


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