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The FTSE 100 index held steady and reached a new all-time high as the Bank of England (BoE) slashed interest rates and as more constituent companies published their earnings. It was trading at £8,765 on Friday, down from the year-to-date high of £8,815,  Some top Footsie companies like Barclays and NatWest published their financial results… Continue reading Top FTSE 100 shares to watch: BAE, Glencore, Lloyds, HSBC, RIO

Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, has filed for a secondary listing in Hong Kong in what could be the city’s largest stock offering in years. The move by the Shenzhen-listed battery giant, a key supplier to Tesla, Volkswagen, and other major automakers, underscores Hong Kong’s growing role… Continue reading CATL IPO: will the EV battery giant’s Hong Kong debut revive the city’s capital markets?

Asian equity markets exhibited a mixed performance on Wednesday as investors continued to monitor President Donald Trump’s latest trade policies and assessed the implications of Federal Reserve Chair Jerome Powell’s recent remarks on interest rates. The prospect of escalating trade tensions, particularly Trump’s announcement of 25% tariffs on imported steel and aluminum, has created uncertainty… Continue reading Asian shares display mixed performance amidst trade tensions and rate uncertainty

Following Meta CEO Mark Zuckerberg’s mid-January warning to employees about raising performance standards and cutting 5% of the workforce, recent layoffs impacting approximately 3,600 workers have generated controversy. Some affected employees are challenging the company’s assertion that the cuts solely targeted low performers, claiming they received favorable performance reviews. Zuckerberg’s warning: raising the bar on… Continue reading Meta layoffs: workers challenge Zuckerberg’s ‘low performer’ justification

Meta, the social media behemoth behind Facebook and Instagram, is riding the crest of a wave after a historic winning streak that defied broader market trends and AI-related investor anxieties. While the stock has dipped slightly on Tuesday, its recent performance capped off a remarkable 16 consecutive days of gains, boosting its valuation and positioning… Continue reading Meta achieves historic 16-day rally: a Nasdaq first in decades

US stock futures remained largely unchanged on Tuesday evening, as investors awaited the release of January’s critical inflation report. The report’s findings are expected to offer crucial insights into the Federal Reserve’s interest rate plans, against a backdrop of fast-moving economic policies under President Donald Trump. The January CPI report is slated for release on… Continue reading S&P 500 futures hold steady as market braces for inflation report and Fed signals

OpenAI CEO Sam Altman’s terse “no” at a Paris conference seemed to shut the door on Elon Musk’s surprise $97.4 billion bid. But experts say the reality is far more complex. Musk’s play, technically aimed at OpenAI’s nonprofit assets, could be less about acquiring control and more about strategically disrupting Altman’s efforts to reshape OpenAI’s… Continue reading Elon Musk’s OpenAI bid sparks legal chaos and investor doubts: just as he planned?