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Turkey’s stock exchange suspended trading of stocks and derivatives Wednesday, after a steep three-day selloff triggered by back-to-back earthquakes that have killed more than 9,500 people. The Borsa Istanbul 100 index has tumbled this week as fears about the economic implications of the earthquakes have spilled into financial markets. The index dropped 7.1% Wednesday before trading was suspended, adding to losses from earlier in the week. Including Wednesday's early losses, the benchmark index
Fortune brand-owner Adani Wilmar on Wednesday reported a 16% increase in quarterly profit on higher demand for its cooking oil and packaged foods and said U.S. short-seller Hindenburg Research's report had no bearing on its operations. "A research report dated Jan. 24, 2023, has been issued by a short-seller based in the United States, wherein allegations have been made on certain governance and transactions matters involving some of the Adani group entities and its shareholders," the consumer goods maker said in a statement. "The management of the group is confident that the research report has no bearing on the group's operations and its financial results," it added.
Google has announced the launch of its own AI content generator called Bard that could rival ChatGPT, which now has over 100 million users.
The president's State of the Union speech called for unity, but he was heckled by some Republicans.
Deciphera Pharmaceuticals ( NASDAQ:DCPH ) Full Year 2022 Results Key Financial Results Revenue: US$134.0m (up 39% from...
The "Automotive Timing Belt Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 To 2030" report has been added to ResearchAndMarkets.com's offering.
Diodes ( NASDAQ:DIOD ) Full Year 2022 Results Key Financial Results Revenue: US$2.00b (up 11% from FY 2021). Net...
eureKARE appoints Anne Lauvergeon as a new Board member Luxembourg, Belgium, and Paris, France – 8 February 2023: eureKARE, an innovative investment company for disruptive synthetic biology applications, announces the appointment of Anne Lauvergeon to its Board of Directors. Ms. Lauvergeon brings an extensive background in the management of large energy corporations (most notably as CEO of Areva), finance, and government. Starting her career working in the French Government, Ms. Lauvergeon held
In this article we are going to estimate the intrinsic value of Vitru Limited ( NASDAQ:VTRU ) by projecting its future...
Many banks have not had enough of the new banknotes, leading to desperate and chaotic scenes.
Meta Platforms ( NASDAQ:META ) Full Year 2022 Results Key Financial Results Revenue: US$116.6b (down 1.1% from FY...
The global alternative data market size is anticipated to reach USD 135,723.5 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 52.1% from 2023 to 2030. The increasing emphasis on gaining alpha from hedge funds is expected to boost the demand for alternative data. The asset managers from hedge funds, mutual funds, private equity funds, pension funds, unit trusts, life insurance companies, and other BFSI entities are highly incli
Meng Wanzhou will begin her term as the rotating chairperson of Huawei Technologies on April 1, Shanghai Security News reported on Wednesday. Meng returned to China in September 2021 after nearly three years detention over alleged attempts by Huawei-linked companies to sell equipment to Iran in breach of U.S. sanctions. Meng, the daughter of Huawei founder Ren Zhengfei, was allowed to return home after reaching an agreement with U.S. prosecutors.
The next generation of the internet, web3, will incorporate a range of exciting technologies such as blockchain, NFTs, iOT, and the metaverse.
Cummins ( NYSE:CMI ) Full Year 2022 Results Key Financial Results Revenue: US$28.1b (up 17% from FY 2021). Net income...
Axon Enterprise, Inc. ( NASDAQ:AXON ) received a lot of attention from a substantial price increase on the NASDAQGS...
The tweaks that took the franchise from PlayStation to HBO
Fight fans will be hoping it is a case of third time lucky when Jake Paul and Tommy Fury finally meet this month.
It looks like PennyMac Financial Services, Inc. ( NYSE:PFSI ) is about to go ex-dividend in the next four days. The...
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