News

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16 Dec 2024 12:28

Super Micro Removed from Nasdaq-100, Shares Plunge 15% Before Monday's Open

Daily News

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) fell 15% in pre-market trading on Monday following the announcement that the company would be removed from the ...

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16 Dec 2024 12:27

UK Accelerates Oversight of China Relations

Daily News

The UK Labour Party government aims to shift its planned scrutiny of the country’s relationship with China and supply chains towards a faster and less comprehensi...

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16 Dec 2024 12:26

Ethereum Maintains Positive Momentum with Strong Investor Support

Daily News

The amount of Ethereum added to the holdings by whales has significantly increased since prices surpassed the $3,330 level. Since the end of November, there has b...

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16 Dec 2024 12:15

Shell Confirms Commitment to Bonga North Project in Nigeria

Daily News

Shell Nigeria Exploration and Production Company Limited (SNEPCo), part of Shell plc, has taken a significant step for the Bonga North deep-water project located ...

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16 Dec 2024 12:15

Call for Premium Reduction from Ready-made Clothing, Textile, Leather, and Carpet Exporters

Daily News

As the countdown for the new minimum wage determination continues, ready-to-wear, textile, leather, and carpet exporters have called for an increase in the contri...

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16 Dec 2024 12:15

Treasury Borrows 31.92 Billion TL Through Two Auctions

Daily News

In two bond auctions conducted by the Treasury, total sales amounted to 19 billion 919.1 million TL. Along with a pre-auction ROT sale of 12 billion TL, the total...

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16 Dec 2024 12:10

MARKET OUTLOOK - PMI Data to Encourage ECB to Further Cut Rates

Daily News

Forex - Jack Allen-Reynolds from Capital Economics stated that the European Central Bank is likely to be further encouraged to lower interest rates after the prel...

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16 Dec 2024 12:10

Competition Authority to Hold Oral Defense Meeting on Meram Electricity Investigation on January 14

Daily News

The Competition Authority announced that the oral defense meeting regarding the investigation into Meram Electricity Distribution Inc. will be held on January 14,...

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16 Dec 2024 12:09

Denmark Requests EU Review Over Concerns That Ozempic May Cause Vision Loss

Daily News

The Danish Medicines Agency has announced its intention to request a review from the European Pharmacovigilance Risk Assessment Committee (PRAC) regarding potenti...

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16 Dec 2024 12:00

MARKET OUTLOOK - Concerns Over the Unsustainability of U.S. Fiscal Health May Be Unwarranted

Daily News

According to the investment managers of the Jupiter Strategic Absolute Return Fund, concerns regarding the unsustainability of the U.S. government's financial sit...

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16 Dec 2024 12:00

Gündoğdu Food/Tokgöz: 2025 Will Be Our Year of Investment

Daily News

Foreks - Gündoğdu Gıda (IS:GUNDG) Board Member and CEO Hakan Tokgöz stated that the company is progressing according to its 2024 objectives, saying, "We have achi...

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16 Dec 2024 11:59

EU Commits €10.6 Billion to Compete with Starlink through IRIS2 Satellite Network

Daily News

On Monday, the European Union made a significant leap in space initiatives by committing €10.6 billion ($11.13 billion) to develop a satellite constellation named...

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16 Dec 2024 11:55

SoftBank to Announce $100 Billion Investment in the U.S. During Trump's Administration

Daily News

Foreks - SoftBank CEO Masayoshi Son plans to announce a $100 billion U.S. investment during his meeting with selected President Donald Trump at Mar-a-Lago. Focusi...

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16 Dec 2024 11:45

Lamborghini's First Electric Car Won't Be Ready Until 2029

Daily News

Forex - Lamborghini CEO Stephan Winkelmann stated that the company plans to launch its first electric model in 2029, noting that the time is not yet ripe for full...

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16 Dec 2024 11:45

Moody's Downgrades France's Credit Rating to Aa3

Daily News

Moody's Investors Service has downgraded France's credit rating from a previous Aa2 negative outlook to Aa3 stable outlook. This unexpected downgrade follows the ...

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16 Dec 2024 11:43

CTAs Go Long on U.S. Stocks, Neutral in Europe and Japan: BofA

Daily News

Bank of America analysts indicated that Commodity Trading Advisors (CTAs) continue to maintain their long positions in U.S. equity indices despite recent declines...

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16 Dec 2024 11:39

Bitcoin Soars to All-Time High Ahead of Anticipated Interest Rate Cuts

Daily News

In a significant development, Bitcoin surged to a new record level on Sunday. Investors are focused on the expected interest rate cut from the Federal Reserve thi...

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16 Dec 2024 11:39

Vonovia Makes Buyout Offer to Deutsche Wohnen's Minority Shareholders

Daily News

Germany's leading real estate company Vonovia has made an offer to take full control of its majority-owned subsidiary Deutsche Wohnen. The offer invites Deutsche ...

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16 Dec 2024 11:39

Allianz Withdraws $1.63 Billion Equity Offering in Income Insurance

Daily News

German financial services giant Allianz has withdrawn its offer to acquire a 51% stake in the Singapore-based insurance company Income Insurance. This decision wa...

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16 Dec 2024 11:37

Alibaba Set to Sell Intime to Youngor Fashion for $1 Billion

Daily News

Alibaba Group Holding Ltd. is set to finalize an agreement to sell its retail chain Intime to Youngor Fashion Co. for approximately $1 billion. According to sourc...

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16 Dec 2024 11:36

P&G Agrees to Enhance Transparency in Supplier Audits

Daily News

Procter & Gamble (NYSE:PG) has pledged to provide greater transparency regarding its wood pulp supplier audits. This move is a response to ongoing shareholder dem...

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