Gold demand in India picked up in the latter half of the week, but still remained below average as prices moved down from record highs.Meanwhile, traders in China continued to offer discounts amidst lackluster activity, according to a Reuters report.“Demand has started to trickle in as prices come down, but…
The sale of a multi-billion euro stake in Ferrari NV has set off a chain reaction in European equity markets, sparking a surge in block trade activity.The Agnelli family’s strategic disposal, valued at €3 billion ($3.14 billion), has propelled European block sales to their most robust start to the year…
Famed investor Jim Cramer continues to see significant further upside in Snowflake Inc (NYSE: SNOW) as it has “all we really want out of a company.”Snowflake stock is up 10% on Thursday after the cloud company reported better-than-expected financial results for its fourth quarter.Versus its low in early September, SNOW…
Investors have bailed on Palantir Technologies Inc (NASDAQ: PLTR) in recent days following reports that the Trump administration is considering trimming the US defense budget.But the country’s political figures have been doing the polar opposite – at least four of them have recently disclosed stakes in the big data analytics…
Tesla is once again in the spotlight as it inches closer to entering the Indian market, after two previously unsuccessful attempts. The latest reports suggest that the EV giant has begun producing vehicles at its Berlin facility for import into India, while also actively scouting potential factory locations. These developments…
Vietnam’s booming trade relationship with the US is under increasing threat as former US President Donald Trump signals sweeping tariffs that could impact nearly all of the country’s exports to its largest market. Vietnam shipped more than $142 billion worth of goods to the US in 2024, making up approximately…
Shares of Indian IT companies plunged on Friday as investor sentiment turned cautious over concerns about a slowing US economy and rising inflation expectations, exacerbated by former US President Donald Trump’s tariff policies. The Nifty IT index shed over 4%, with major IT players witnessing sharp losses.Tech Mahindra led the…
A significant batch of Bitcoin options contracts is set to expire on Friday, February 28, with a total notional value of approximately $4.7 billion. This expiry event, larger than usual due to the month-end, is expected to have limited direct impact on the spot market, which is already under pressure…
British Airways and Iberia owner International Airlines Group (IAG) has reported a 27% rise in operating profit to €4.4 billion (£3.6 billion) for 2024, as high-spending leisure passengers continued to drive strong demand across its core markets.The announcement sent IAG share price soaring by almost 5% in early trading on…
International Airlines Group (IAG), właściciel British Airways i Iberii, odnotował w 2024 roku wzrost zysku operacyjnego o 27%, do 4,4 miliarda euro (3,6 miliarda funtów), ponieważ pasażerowie podróżujący w celach rekreacyjnych, wydający duże sumy pieniędzy, nadal napędzali silny popyt na głównych rynkach grupy.Ogłoszenie spowodowało, że cena akcji IAG wzrosła o…