The Swiss Market Index (SMI) and the Swiss franc (CHF) will be in the spotlight this week as the Swiss National Bank (SNB) delivers its interest rate decision. The USD/CHF exchange rate has retreated by almost 8% from its highest point this year while the SMI has retreated by over…
Germany has made it clear that it will hold onto its remaining shares in Commerzbank for the foreseeable future,…
Lufthansa is considering canceling its daily Frankfurt-to-Beijing flights due to rising operational costs and increasing competition from Chinese airlines.…
Rivian Automotive Inc. (NASDAQ: RIVN) saw its shares drop by 7.5% to $12.17 during Friday’s trading session, reflecting a…
In a surprising move that could reshape the semiconductor industry, Qualcomm has reportedly approached Intel about a potential takeover,…
On Friday, September 20, RBC Capital Markets downgraded Rapid7 (NASDAQ: RPD) from “Outperform” to “Sector Perform” and lowered its…
Discount retailers like Dollar Tree (DLTR) and Dollar General (DG) are some of the worst performers in the S&P…
Snap Inc. recently launched its fifth generation of augmented reality (AR) spectacles, just days before rival Meta Platforms’ Connect…
Olive Garden, owned by Darden Restaurants (NYSE: DRI), has long resisted the trend of partnering with third-party delivery services…