Joe Biden Blocks Sale of U.S. Steel to Japan’s Nippon Steel
President of the United States Joe Biden on Friday, January 3, officially blocked Nippon Steel’s proposed purchase of U.S. Steel in the framework of the deal worth $14.9 million.
Finance & Economics - page 21
Tesla Shares Fall Amid First Drop in Annual Deliveries
Last Thursday, January 2, Tesla published a report on the production and deliveries of vehicles for the fourth quarter of 2024 and the entire last year.
Singapore’s Economic Growth Surpasses Estimates
Singapore has reported economic growth in the last three months of 2024, the pace of which exceeded preliminary expectations regarding the intensity of the dynamic of this indicator.
China’s Factory Activity Growth Misses Expectations
The growth of factory activity in China in December showed a pace that turned out to be lower than the preliminary expectations of experts and became clear evidence that the stimulus measures imposed in the second half of 2024 are not enough to significantly boost the economic system of this Asian country.
Macau 2024 Casino Revenues Top Official Estimate
Casino revenues in Macau, the world’s largest gambling hub, grew by almost 25% last year, but at the same time remains below the levels seen before the coronavirus pandemic.
World’s 500 Richest People Surpass $10 Trillion in Wealth
In 2024, the overall wealth of 500 of the richest people in the world showed growth.
Xi Jinping Says China’s 2024 GDP Growth Set to Hit Target
The head of the People’s Republic of China, Xi Jinping, said that the economic system of this Asian country will show growth in 2024, which will amount to about 5%.
Bank Insiders Leaks Data on Client Accounts
Toronto-Dominion Bank expected that the new employee would increase the efficiency of this financial institution in detecting cases of money laundering from the outpost in New York, but the final result turned out to be another example of how optimistic hopes do not match the pessimistic reality.
Goodman Group Shines Among Australian Property Companies
Goodman Group’s shares have been on an upward trajectory over the current year, performing better than other similar companies in the Australian real estate area, as the so-called artificial intelligence boom has triggered a high-intensity increase in demand for data centers.
Experts Predict China’s December Manufacturing Activity to Expand
Experts interviewed by the media are of the opinion that factory activity in China was probably on an upward trajectory in the current month, generating hopes and reasons to be optimistic about the prospects of the future for local officials, who are making efforts to stabilize the situation in the economic system of this Asian […]
South Korea Factory Output Falls
In South Korea, factory output in November showed a decline at a rate that exceeded preliminary expectations regarding the intensity of the relevant process.
UBS Boss Warns Against Excessive Banking Regulation
UBS chief executive officer Sergio Ermotti said on Monday, December 30, that Switzerland should not set such rules for the country’s banking sector that would put it in a disadvantageous position.
Siemens Reviews Healthineers Majority Stake
Siemens AG is currently reviewing its majority stake in the medical technology subsidiary of Siemens Healthineers.
Japan’s Factory Activity Shrinks
In Japan, factory activity remained in the zone of a decrease in December, but at the same time, the pace of the corresponding process slowed down.
Nidec Makes $1.6 Billion Unsolicited Bid for Makino
Nidec Corp. offers 257.3 billion yen ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company.
Finance & Economics
Breaking News
