US Imposes Sanctions on 35 Entities Linked to Iranian Oil Trade

The U.S. government announced today that it has imposed sanctions on 35 entities and vessels involved in the illegal transport of Iranian oil. This move aims to i...

StanChart Predicts Dollar Strengthening After Weakness at the Start of 2025

Standard Chartered has published a report predicting the performance of the US dollar (USD) in the near future. According to their analysis, while a period of wea...

Carlsberg Exits Russia, Sells Baltika Breweries to VG Invest

Carlsberg announced that it has completed its exit from the Russian market by agreeing to sell its stake in Baltika Breweries. The sale to VG Invest, a local comp...

Constellation Brands Sells Svedka Vodka to Sazerac

Constellation Brands has announced the sale of its Svedka vodka brand to leading global beverage company Sazerac. The transaction is expected to be completed in t...

Market Overview Insights

Forex -

Former Intel CEO Pat Gelsinger to Receive $12 Million Payout

Former Intel (NASDAQ:INTC) CEO Pat Gelsinger will receive a compensation package valued at approximately $12 million following his departure from the semiconducto...

Skechers Shares Surge on Holiday Sales Commentary

Skechers USA shares rose by as much as 6.2% in intraday trading, marking the largest increase since September 26. This rise in stock value came after the company'...

Coherus Shares Surge Following $558 Million Udenyca Sales Deal

On Tuesday, Coherus BioSciences, Inc. (NASDAQ:CHRS) shares rose by over 40% following the announcement of an asset purchase agreement with Intas Pharmaceuticals L...

Aflac's Stocks Decline Amid Analysts' Financial Outlook Assessments

Aflac Incorporated (NYSE:AFL) shares fell 3% as the insurance company began its annual financial analyst briefing. Analyst Thomas Gallagher from Evercore ISI note...

ICL Group Stock Reaches New Heights Since May

ICL Group shares rose by 6.3% today, reaching their highest intraday level since May 24. This increase followed the announcement that Dead Sea Works Ltd., a subsi...

Market Outlook: Stock Exchange Closes with Gains

Foreks - The BIST 100 index closed the day at 9,827.23, an increase of 146.12 points. According to the Foreks News survey, the BIST 100 index was expected to clos...

Indie Semiconductor Announces $175 Million Convertible Bond Issuance

Shares of automotive chip designer Indie Semiconductor fell 21% on Tuesday after the company announced it would issue $175 million in convertible senior notes mat...

Avadel Pharmaceuticals' Stocks Decline Following CCO's Resignation

Avadel Pharmaceuticals' shares have experienced a significant decline, dropping by up to 19% to reach their lowest level since April 2023. This decline followed t...

South Korea's Main Opposition Calls MPs to Parliament Following Martial Law Decision

Foreks - The main opposition Democratic Party (DP) urgently summoned lawmakers to the National Assembly late Tuesday following President Yoon Suk Yeol's declarati...

Which Stocks Gained the Most on Borsa Istanbul Today?

The BIST 100 index maintained its gains from the morning session, displaying a sideways movement in the afternoon trades.

The BIST 100 index achieved a price inc...

South Korea's Opposition Calls MPs to Parliament Following Martial Law Decision

The main opposition Democratic Party (DP) urgently called its lawmakers to the National Assembly late Tuesday following President Yoon Suk Yeol's declaration of e...

BofA Expects S&P 500 to Reach 6666 Points by the End of 2025

Forex - Bank of America economists and strategists expect the S&P 500 index to rise to 6666 by the end of 2025. They anticipate that the U.S. economy will continu...

Adeia Stock Rises with Amazon IP Agreement

Shares of Adeia Inc. (NASDAQ: ADEA), a company specializing in media intellectual property, rose by 3.7% after announcing a multi-year agreement with e-commerce g...

IMIB/Hammer: The Mining Sector Awaits Support

Foreks - Metin Çekiç, Vice Chairman of the Board of the Istanbul Mining Exporters Association (IMIB), made a statement on the occasion of December 4th, World Mine...

Intel Considers Former Board Member for CEO Position Following Gelsinger's Ouster

According to a report based on sources, Intel (NASDAQ:INTC) has begun the process of selecting a new CEO on Monday and is evaluating several candidates, including...

Martial Law Declared in South Korea

South Korean President Yoon Suk Yeol announced on Tuesday during a televised statement that he has declared "emergency martial law." President Yoon accused opposi...