November 12, 20240 Comments

Australia stocks lower at close of trade; S&P/ASX 200 down 0.13% By Investing.com

Investing.com – Australia stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower. At the close in Sydney, the fell 0.13%. The best performers of the session on the were Appen Ltd (ASX:), which rose 10.81% or 0.28 points to trade at 2.87 at the close. Meanwhile, EML Payments Ltd (ASX:) added 7.58% or 0.05 points to end at 0.71 and Megaport

Read More
November 12, 20240 Comments

Hong Kong construction titan turned Macau casino boss Lui Che-Woo dies aged 95 By Reuters

HONG KONG (Reuters) – Lui Che Woo, the casino tycoon who helped propel Macau to eclipse rival Las Vegas in gambling revenues, has died at the age of 95, his company said in a statement late on Monday. Lui, chairman of Macau casino company Galaxy Entertainment (OTC:), died in Hong Kong on Nov. 7, it said, adding that his “vision, tremendous leadership and guidance” were the foundation for the group’s

Read More
November 11, 20240 Comments

Singapore’s Grab raises annual revenue forecast, shares jump By Reuters

(Reuters) – Singapore’s Grab Holdings (NASDAQ:) raised its forecast for fiscal 2024 revenue on Monday, as it anticipates robust growth in its food delivery and ride-hailing businesses. U.S.-listed shares of the company rose 9% in extended trading. The company expects revenue in the range of $2.76 billion to $2.78 billion, compared with its prior projection of between $2.70 billion and $2.75 billion. Its mainstay food delivery business has been recovering

Read More
November 11, 20240 Comments

ESG Roundup: Market Talk

Gain insight on tax benefits for solar companies, nationally determined contributions and more in the latest Market Talks covering ESG Impact Investing. Source link

Read More
November 11, 20240 Comments

Wall Street at record highs as post-election rally continues By Reuters

(Reuters) – Wall Street’s main indexes opened at record highs on Monday (NASDAQ:) as optimism on proposed tax cuts and expectations of an easier regulatory environment after Donald Trump won the U.S. presidency continued to lift stocks. The rose 254.75 points, or 0.58%, at the open to 44,243.74. The rose 13.3 points, or 0.22%, at the open to 6008.86​, while the rose 68.6 points, or 0.36%, to 19355.338 at the

Read More
November 11, 20240 Comments

Web Summit kicks off in Lisbon as tech leaders weigh Trump’s return By Reuters

By Martin Coulter LISBON (Reuters) – Lisbon will this week play host to Europe’s biggest annual tech conference, Web Summit, where industry leaders and lawmakers will weigh the pros and cons of Donald Trump’s return to the White House.  Senior executives from firms such as Apple (NASDAQ:), Microsoft (NASDAQ:), and Meta (NASDAQ:) will join high-ranking officials from Europe for debates about the future of artificial intelligence, social media regulation, and

Read More
November 11, 20240 Comments

Nestle’s KitKat signs Formula 1 deal as CEO Freixe seeks broader appeal By Reuters

By Richa Naidu LONDON (Reuters) – Nestle (NS:)’s KitKat brand has signed a global sponsorship deal with Formula 1 as new Chief Executive Laurent Freixe seeks to change the way the world’s biggest food company markets its core, multi-billion-dollar brands. A senior executive told Reuters exclusively that the Formula 1 deal had been struck to cover the period between late 2025 and 2028, and the aim was to improve KitKat’s

Read More