Category: Stock News

Asian stocks dropped to two-year lows on Wednesday, as China seemed unlikely to ease its strict COVID restrictions anytime soon, while the US dollar’s continued rally and instability in the UK bond market and the

European stocks edged lower for the fifth straight day on Tuesday as higher government bond yields, investors’ fears over a potential recession, and the impact on business profits from higher interest rates weighed on the

French carmaker Renault SA and its Japanese partner Nissan Motor Co. Ltd. confirmed on Monday that they are discussing future opportunities concerning their alliance. The two companies said the negotiations included a potential investment by

On Thursday, Porsche overtook its parent company Volkswagen as the most valuable automaker in Europe as its newly-listed shares soared. On Monday, the shares of the sports car manufacturer plummeted from its listing price of

On Monday’s closing bell, Twitter’s stock soared after billionaire Elon Musk proposed to proceed with his takeover of the social networking site for $54.20 per share. The blue bird app’s stock price skyrocketed by 22.00%

On Tuesday, the South Korean tech firm Naver Corporation purchased the US apparel resale platform Poshmark for $1.60 billion. This move is a strategic investment to enter the American eCommerce market. The acquisition is projected

Chinese tech giant Tencent Holdings Ltd. is reportedly changing its strategy on mergers and acquisitions (M&A) by taking an aggressive approach towards investing in overseas gaming companies, as it relies on global expansion to cope

China Petroleum & Chemical Corp. announced on Monday its plans to pull out its American Depository Shares (ADSs) from the London Stock Exchange (LSE), becoming the latest state-owned firm to cut back ADS activities amid