IAG share price nears death cross as it faces a double whammy

IAG share price continued its strong downward trend today, March 18, its fifth consecutive day in the red. It has slumped from the year-to-date high of 463.6p in February to the current 351p, and this trend may continue as the company faces a double whammy of high energy prices and flight disruptions. British Airways owner… Continue reading IAG share price nears death cross as it faces a double whammy

UniCredit to raise Commerzbank stake above 30%, rules out takeover

Italy’s UniCredit said it plans to launch an offer to increase its stake in Commerzbank above the key 30% threshold, while stressing that it does not intend to pursue full control of the German lender. The move marks the latest development in UniCredit’s gradual expansion into one of Germany’s largest banks and could reshape the… Continue reading UniCredit to raise Commerzbank stake above 30%, rules out takeover

Why Julius Baer is paying its CEO $18M he never even earned

Julius Baer has disclosed that Chief Executive Stefan Bollinger received total compensation of CHF 23.96 million ($30.3 million) in 2025. The figure covers Bollinger’s first year running the Swiss private bank, with nearly CHF 15 million ($18 million) made up of replacement awards for pay he gave up when departing Goldman Sachs. In other words,… Continue reading Why Julius Baer is paying its CEO $18M he never even earned

Foxconn earnings miss despite record AI demand: what went wrong?

Taiwan’s Foxconn reported a decline in fourth-quarter profit even as demand for artificial intelligence hardware reshapes the global technology supply chain. The company, formally known as Hon Hai Precision Industry, released earnings on Monday showing profit missed market expectations despite strong global demand for AI products. Foxconn plays a central role in the electronics industry… Continue reading Foxconn earnings miss despite record AI demand: what went wrong?

Brokerages cut Nifty targets as Middle East war and oil surge cloud outlook

A growing number of global brokerages are trimming their year-end targets for India’s benchmark stock indices as the escalating conflict in the Middle East pushes oil prices higher and threatens to disrupt critical supply chains, raising concerns about economic growth and corporate earnings. Citi Research has cut its year-end target for the Nifty 50 to… Continue reading Brokerages cut Nifty targets as Middle East war and oil surge cloud outlook

IDBI stock tanks 15%: buy the dip or brace for more pain?

IDBI Bank stock (NSE: IDBI) tanked over 15% on Monday after reports indicated that the Indian government is set to scrap the long-running strategic sale of the lender. The government’s decision came as the financial bids received were below the reserve price fixed for the transaction. The investors were quick to react to the news… Continue reading IDBI stock tanks 15%: buy the dip or brace for more pain?

Asian markets mixed as China growth surprise meets Iran war fears

Asian markets opened largely lower on Monday as the shadows of the Iran war and high oil prices continued to weigh on the sentiment. The shipping disruptions in the critical Strait of Hormuz kept the oil prices above $100 a barrel, leaving traders more focused on inflation risk. The cautious sentiment outweighed some optimistic signals,… Continue reading Asian markets mixed as China growth surprise meets Iran war fears

Altaf Kassam: US stocks may not ‘snap-back’ after the Iran war

As the conflict in the Middle East continues to roil global markets, investors are searching for signs of a turnaround. However, today on CNBC, Altaf Kassam – EMEA Head of Investment Strategy and Research at State Street Global Advisors – provided a sobering reality check. While historical precedents suggest that markets often rally before a… Continue reading Altaf Kassam: US stocks may not ‘snap-back’ after the Iran war