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France’s Atos opens debt restructuring talks after posting record losses
ATOS, the crisis-hit French IT consulting firm whose shares plummeted over the last two years, said it was aiming to restructure its heavy pile of debt by July, paving the…
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France’s Atos seeks debt restructuring plan by July after record losses
FRENCH IT consulting firm Atos is aiming to restructure its debt by July, the group said on Tuesday (Mar 26), after posting record annual losses as uncertainty looms of the…
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Sinopec 2023 profit falls 13% on oil prices, refining record
SINOPEC’S annual profits declined 13 per cent, after oil prices fell and Chinese refiners posted a record year for processing and imports. China’s largest fuel processor, officially known as China…
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Bitcoin’s Surge: Unveiling the Complex Dynamics Driving its Record Highs
In the ever-evolving landscape of digital currencies, Bitcoin stands as the quintessential pioneer, captivating investors with its tumultuous journey marked by dizzying highs and gut-wrenching lows. Recently, Bitcoin once again…
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US: Nasdaq edges to record while Dow pulls back
THE Nasdaq edged to a fresh record while the Dow pulled back on Friday (Mar 22), as US stock markets took a breather after two buoyant sessions following mixed corporate…
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Are Record Highs Sustainable Amid Economic Uncertainty?
US stock markets are wrapping up a tumultuous week on a mixed note, with the Dow Jones Industrial Average slipping 200 points, or 0.5%, during Friday afternoon trading. Pixabay Investors…
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Japan shares scale record high, yen rebounds as Fed out-doves BOJ
JAPAN’S Nikkei share average hit a record high on Thursday (Mar 21) and the yen rebounded from a four-month low, after the US Federal Reserve stuck to its easing path…
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Gold hits record high as US Fed sticks to three rate cuts in 2024
GOLD prices surged to a record high on Thursday (Mar 21) after the US Federal Reserve left interest rates unchanged in a widely expected move and stayed on track for…
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IBM eyes first record since 2013 as AI optimism fuels 19% rally
ONE of the oldest companies in tech has been quietly trouncing some of the hottest stocks on Wall Street. International Business Machines recently hit its highest since 2013, putting it…
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JPMorgan boosts quarterly dividend 9.5% after record profit
JPMORGAN Chase & Co unexpectedly lifted its dividend 9.5 per cent in the wake of a record annual profit and as regulators signal they may rethink proposals for tightening capital…
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US: S&P 500 finishes at new record as stocks advance
THE S&P 500 finished at a fresh record on Tuesday as US stocks shook off a lackluster open to move higher ahead of a Federal Reserve decision. All three major indices advanced,…
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UN Warns Planet ‘On The Brink’ After Warmest Decade On Record
Global temperatures “smashed” heat records last year, as heatwaves stalked oceans and glaciers suffered record ice loss, the United Nations said Tuesday — warning 2024 was likely to be even…
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Vietnam’s stock trading volume jumps to record as investors sell
VIETNAMESE stocks’ trading volume soared to a record high as ongoing speculation that the nation’s president may quit this week hit investor sentiment. About 1.74 billion shares changed hands on…
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IMF is lending near record US$150 billion to counter debt and wars
THE International Monetary Fund (IMF) is lending near a record amount to almost 100 countries, evidence of its growing role as a backstop against the financial and political dangers of…
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Russia Hails ‘Record’ Win For Putin In Vote With No Opposition
Russia’s election commission on Monday hailed what it said were “record” results for President Vladimir Putin, guaranteeing the former spy a fifth term in office after a vote that featured…