In a letter dated March 31 to the US Commerce Department, the Chilean government defined its anti-tariff position, emphasising the importance of trade relations between the two countries.This correspondence was recently made public on a US federal website, revealing a clear message from Chile’s ambassador to Washington, Juan Valdes, as…
Elliott Investment Management has quietly built a stake worth more than $1.5 billion in HewlettPackard Enterprise Co. (HPE), becoming one of the networking and software company’s top five shareholders, according to a Bloomberg report citing people familiar with the matter.The activist hedge fund, known for its aggressive shareholder campaigns in…
US stocks have reclaimed some of the lost ground in recent sessions after President Trump agreed to a 90-day pause on almost all of his reciprocal tariffs, except those on China.But there still are names, even in the large-cap space, that are on the verge of forming a “death cross”…
Investors are running into Viking Therapeutics (NASDAQ: VKTX) this week after an incident of drug-induced liver injury pushed Pfizer (NYSE: PFE) into terminating the development of its weight-loss pill.Viking’s share price has gained % in recent sessions on speculation that PFE will now resort to an acquisition to expand its…
A wave of caution washed over Asian financial markets on Wednesday, pulling major indices lower as investors contended with lingering concerns over US trade tariffs and positioned themselves ahead of crucial economic data releases from China. The subdued trading followed a negative lead from Wall Street overnight.In Japan, the benchmark…
European stock markets retreated at the open on Wednesday, snapping a two-day winning streak as persistent uncertainty over US trade policy combined with disappointing news from a key technology player to dampen investor sentiment.The pan-European Stoxx 600 index slipped 0.8% in early trading, giving back some of the gains accrued…
Shares of British business supplies group Bunzl fell sharply on Wednesday after the company cut its 2025 forecast and paused its share buyback programme, citing deteriorating performance in its North American division. The stock dropped 25.7%—its steepest one-day fall in years—reaching its lowest level since mid-2020.The London-listed firm, which supplies…
Google is facing a major legal challenge in the United Kingdom, where a class action lawsuit has been filed seeking over £5 billion in damages over allegations the company exploited its dominance in online search advertising to overcharge businesses.The case, lodged with the UK’s Competition Appeal Tribunal on Wednesday, accuses…
Airbus stock price has imploded in the past few weeks as investors reacted to Donald Trump’s tariffs and the potential supply chain issues. It has crashed from a high of €177.20 in March this year to the current €140. This article explains why the stock is a good beneficiary for…
Amid the persistent economic uncertainties, fear remains the main emotion in the cryptocurrency space. As such, most majors and meme tokens are facing hurdles in their winding path to recovery. More specifically, most meme tokens are under pressure as enthusiasts opt for Bitcoin’s stability.Even so, fresh projects whose growth potential…