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Germany’s industrial production took a significant hit at the end of 2024, recording its steepest decline since July. A key factor in this drop was the ongoing struggles in the automotive sector, though economists...
The British pharmaceutical company GSK managed to offset weaknesses in its vaccine business last year, thanks to robust growth in its HIV and cancer drug divisions. In 2024, the company’s adjusted operating profit rose...
The proposed merger between BBVA and Banco Sabadell has entered Phase 2 of analysis by Spain’s National Commission on Markets and Competition (CNMC). This next step in the regulatory review process reflects heightened scrutiny...
The ProShares UltraPro Short Russell 2000 Fund offers investors a unique opportunity to capitalize on bearish movements within the small-cap market segment, as represented by the Russell 2000 Index. The primary goal of this...
Amazon has announced a significant investment in Germany, with plans to make the country the hub of its European cloud services. The US corporation is set to invest a substantial 8.8 billion euros into...
The Competition Tribunal has recently sanctioned a consent agreement between the Competition Commission and the Spar Group, aiming to terminate long-standing exclusive lease deals within the grocery retail industry. This confirmation solidifies the cessation...
The Sekunjalo group has reacted strongly following a ruling by the Supreme Court of Appeal (SCA) that allows Nedbank to close the group’s accounts. This verdict, overturning a prior decision by the Equality Court,...
In a significant turn of events, Elon Musk, the richest person on the planet with a staggering fortune of $209.6 billion, saw his wealth plummet by $16.1 billion on Thursday. The reason behind this...