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Nissan and Honda have unveiled plans to merge, potentially creating the world’s third-largest carmaker with a combined valuation exceeding $50 billion. This move, which includes Mitsubishi Motors as a junior partner, highlights Japan’s urgent need to regain ground in the ...

Novo Nordisk shares plunged 19.35% on Friday after trial results for its experimental weight-loss drug CagriSema missed market expectations. The drug showed a 22.7% weight reduction in patients, below the anticipated 25%, shaking investor confidence in what was expected to be ...

Germany’s consumer climate remains deeply pessimistic, even as the GfK Consumer Confidence Index inched up to -21.3 in January from December’s -23.1. This modest improvement, though better than the expected -22.5, confirms the fragile state of Europe’s largest economy. Income expectations ...

The Dow Jones Industrial Average has stumbled through nine consecutive losing sessions, marking its longest slide since 1978. The drop is 3.5%, or 1,582 points, from its recent high above 45,000 in early December.Driving the Dow’s decline are specific underperformers ...

When a stock goes through a “correction,” it is broadly defined as the point when a stock falls 10% or more from an all-time high. That’s what is happening to Nvidia, as the company’s share price slid further into correction ...

Sony has undergone a remarkable transformation, evolving from its roots as a consumer electronics hardware pioneer to an emerging force in entertainment. Once synonymous with iconic products like the Walkman and PlayStation, the company struggled for decades as it largely ...

Chinese electric vehicle giant BYD is poised to surpass Honda and Ford in global sales for 2024, driven by robust performance in its domestic market and growing international presence. As of November, BYD had sold approximately 3.7 million vehicles, a ...

Tesla shares soared to a record high of $424.77 on Wednesday, beating the previous peak of $409.97 set in 2021. This milestone caps a remarkable run for the electric vehicle maker, whose stock has climbed an astonishing 71% this year. Much ...

Alphabet shares jumped 6% following Google’s announcement of “Willow,” its latest quantum computing chip. It is a meaningful leap in the race for quantum supremacy. The chip, which boasts a staggering 100 qubits, outperformed its predecessor from 2019 in key ...

The British pound has surged to its strongest level against the euro since April 2022, fueled by expectations that the Bank of England (BOE) will take a more cautious approach to cutting interest rates compared to the European Central Bank ...

The Eurozone’s GDP growth reached a two-year high in Q3 2024, driven by household and government expenditures. According to Eurostat, the region’s economy expanded by 0.4% quarter-on-quarter, doubling the 0.2% growth in Q2. Annual growth climbed to 0.9%, up from ...

Coffee prices have surged to their highest levels in almost 50 years, driven by extreme weather in key producing nations and global market dynamics. Futures for Arabica coffee recently reached $3.35 per pound, a 70% increase since the start of ...

Bitcoin skyrocketed to the magical $100,000 mark on Wednesday, reaching a historic milestone fueled by President-elect Donald Trump’s announcement of pro-crypto appointees. Paul Atkins, a former (Securities and Exchange Commission) SEC commissioner and cryptocurrency advocate, is set to lead the SEC, ...

Intel, once the undisputed king of computer chips, is now battling to stay relevant in a rapidly shifting tech landscape. The company’s all-time stock high of August 31, 2000, feels like a distant memory, with shares now down 68% from ...

Germany’s DAX continues to defy expectations while flying high, hitting a new all-time high with a 1.57% gain on Monday, pushing it near the psychological 20,000 mark. Up an impressive 19% year-to-date, the DAX is Europe’s strongest performer, even as ...