News

U.S. Business Inventories Remain Steady in June

U.S. business inventories remained unchanged in June, highlighting concerns about the economic climate and the impact of high interest rates on consumer spendin...

Rising Expectations for Higher Interest Rates Push Treasury Yield to Highest Level

The 10-year Treasury yield has surged to its highest level in 2023 as expectations grow for higher interest rates to combat inflation, impacting stocks and mort...

Just Group Expects Strong Performance for 2023

Just Group reports strong financial performance for first half of 2023, with notable turnaround in pretax profit and substantial growth in underlying operating...

SKF Backs Full-Year Guidance and Expects Sales Growth to Continue

SKF announces support for its full-year guidance and forecasts a further increase in sales during the third quarter. The company expects mid single-digit organi...

Nordea Bank to Acquire Danske Bank's Norwegian Personal Customer and Private Banking Business

Nordea Bank has reached an agreement to acquire Danske Bank's Norwegian personal customer and private banking business, significantly strengthening its market p...

Celebrating the Inflation Reduction Act Anniversary

U.S. Treasury Secretary Janet Yellen and officials celebrate the one-year anniversary of the Inflation Reduction Act, emphasizing its impact on domestic manufac...

Rogers Sugar Plans to Boost Refining Capacity

Rogers Sugar plans to invest in expanding refining capacity to enhance production and logistics infrastructure. They have adjusted sales target for the future.

Bendigo & Adelaide Bank: Leveraging Community Bank Model

Explore how Bendigo & Adelaide Bank leverages its community bank model for competitive advantage in the Australian banking sector.

Elevance Health Inc. Reports Impressive Q2 Earnings

Elevance Health Inc. reports impressive Q2 earnings, surpassing estimates with significant growth and optimistic outlook for the future. Stock rose 5% in premar...

U.S. Commercial Crude Inventories Decline

U.S. commercial crude inventories decrease by 700,000 barrels, while gasoline and distillate stockpiles show mixed results. Cushing crude stocks experience a su...