News

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17 Dec 2024 05:45

TANKER REPORT - 38 Tankers Currently at Black Sea Ports

Daily News

In the Black Sea ports, there are a total of 38 tankers currently present, marking the first leg of oil reaching the world through the Istanbul and Çanakkale Stra...

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17 Dec 2024 05:45

Alibaba Sells Intime at a Loss of Approximately $1.28 Billion

Daily News

Forex - Chinese e-commerce and technology group Alibaba is selling its major department store chain Intime as part of its restructuring process. According to a st...

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17 Dec 2024 05:40

TANKER REPORT - 13 Tankers Set to Transit the Dardanelles and Bosphorus Straits

Daily News

Foreks - There are no issues with transit passages through the Istanbul and Çanakkale Straits, which are the most important routes for transporting oil from the B...

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17 Dec 2024 05:40

MARKET OVERVIEW - Iron ore remains flat as low shipments exert pressure on weak demand and high stocks

Daily News

Forex - Iron ore futures moved within a narrow range as they weighed the sluggish shipments against a lifeless demand and high port stocks in China. The May iron ...

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17 Dec 2024 05:35

Tanker Report: A Tanker Loading at Ceyhan BTC, Another Departing from the Port

Daily News

Forex - A tanker has departed from the Ceyhan BTC Terminal, which is the second step in delivering oil from Azerbaijan via the Baku-Tbilisi-Ceyhan (BTC) pipeline ...

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17 Dec 2024 05:35

Market Outlook: Copper Trades in a Narrow Range as Investors Await Fed's Interest Rate Decision

Daily News

Forex - Copper prices fluctuated within a narrow range today, as traders exhibited a cautious stance ahead of the U.S. interest rate decision.

Three-month coppe...

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17 Dec 2024 05:30

China Expected to Maintain Economic Growth Target at Approximately 5% for 2025

Daily News

Forex - China is expected to maintain its economic growth target at around 5% for 2025. According to sources cited by Reuters, Chinese leaders agreed last week to...

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17 Dec 2024 04:55

Market Outlook: Goldman Says China Could Maintain 5% GDP Growth Target Next Year

Daily News

Goldman Sachs analysts believe that China is likely to maintain its GDP growth target of "around 5%" in 2025, similar to this year's target. Goldman maintains the...

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17 Dec 2024 04:45

Market Outlook: Goldman Predicts China Could Achieve 5% GDP Growth Target Next Year

Daily News

Goldman Sachs analysts believe that China is likely to maintain its GDP growth target of "around 5%" in 2025, similar to this year's target. Goldman maintains its...

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17 Dec 2024 04:35

French Central Bank Cuts 2025 Growth Forecast to 0.9%

Daily News

Forex - The Bank of France has revised its growth forecast for 2025 downward due to "increasing uncertainties" in both domestic and international economic outlook...

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16 Dec 2024 21:45

Post-Market Movers: Tesla, eBay, Affirm, EVgo

Daily News

Post-Market Stock Movements: Tesla (NASDAQ:TSLA) rose by 1.4%. Mizuho analysts upgraded the company's stock rating from Neutral to Outperform, raising the price t...

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16 Dec 2024 21:27

GEO Group Appoints New CEO and Considers Asset Sales to Reduce Debt

Daily News

The GEO Group, Inc. (NYSE:GEO) announced significant changes in its executive leadership and strategic financial maneuvers aimed at enhancing its service offering...

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16 Dec 2024 21:25

Banxico Expected to Cut Interest Rates by 25 Basis Points - Analyst

Daily News

Bank of America forecasts that the Bank of Mexico (Banxico) will lower its policy rate by 25 basis points to 10.00% at its meeting on December 19. The financial i...

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16 Dec 2024 21:17

EVgo Subsidiary Plans to Sell 23 Million Shares as Stock Declines

Daily News

LOS ANGELES - Electric vehicle charging station network operator EVgo Inc. (NASDAQ: EVGO) announced that its subsidiary EVgo Holdings, LLC is preparing to sell 23...

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16 Dec 2024 20:44

Larimar Shares Decline Despite Positive Data Amid Negative Developments

Daily News

On Monday, shares of Larimar Therapeutics experienced a significant decline following a data update from an ongoing Friedreich's ataxia treatment study. The updat...

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16 Dec 2024 20:28

Supreme Court Ruling Strikes a Blow to Telecom Stocks like AT&T and Verizon

Daily News

On Monday, shares of telecom giants AT&T, Verizon, and Comcast fell after the Supreme Court declined to hear a challenge to a New York law that sets broadband pri...

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16 Dec 2024 20:23

Goldman Sachs Expects ECB to Continue Rate Cuts with Policy Shift

Daily News

Goldman Sachs, in its recent assessment of the European Central Bank's (ECB) monetary policy, provided forecasts regarding the bank's future interest rate decisio...

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16 Dec 2024 20:10

AeroVironment Stocks Surge After GAO Decision

Daily News

AeroVironment Inc. (NASDAQ:AVAV) shares rose by 9.6% following the U.S. Government Accountability Office's (GAO) dismissal of a challenge against the Army's contr...

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16 Dec 2024 20:03

Sangamo Stocks Surge as Roche Withdraws Gene Therapy

Daily News

Sangamo Therapeutics shares rose significantly, climbing as much as 36%, following the announcement that pharmaceutical giant Roche has halted its gene therapy pr...

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16 Dec 2024 18:36

Ukraine Reiterates Its Intent to Halt Russian Gas Transit by December 31

Daily News

The Ukrainian government has announced that it will not renew its agreement with Russia regarding the transit of Russian gas through Ukraine. The current contract...

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16 Dec 2024 18:03

French Central Bank Lowers Growth Forecast Amid Political Turmoil

Daily News

The Bank of France published its quarterly outlook on Monday, announcing a downward revision in the country’s economic growth projections for the coming years. Th...

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