Acciona’s shares are trying to regain momentum after last Friday’s sharp decline when the company revised down the earnings forecasts for its renewable energy subsidiary. By mid-morning, the shares rose by 1.21%, reaching 117.40 euros within an IBEX 35 that is up 0.22% at the same time, following a 7.12% drop in its last session. … Read more
The Nifty 50 index saw a positive start on Monday, May 27, with a slight increase of 0.21%, reaching 23,005 points after opening. This marks a turnaround from the previous session, where the index dropped by 1.64%, indicating the market’s recent struggle to establish a consistent trend. Over the past week, the Nifty 50 has … Read more
At midday, the Bitcoin price saw an upward trend. As of 12:26 PM, Bitcoin’s value increased by 1.47%, reaching $67,282.47, up from the previous day’s $66,309.34. Meanwhile, Bitcoin Cash experienced a decline. At 12:25 PM, the Bitcoin Cash price dropped by 1.08%, landing at $479.62, compared to $484.85 the previous day. Ethereum, on the other … Read more
In the first quarter, the net earnings of Germany’s largest companies have decreased. The auto industry, with a significant multi-billion-dollar drop, is primarily responsible. However, one sector stands out positively. Stagnation in Germany and minimal growth in Europe are reflected in the financial statements of major publicly traded companies: According to Handelsblatt calculations, the 40 … Read more
Uneven Economic Indicators but Favorable Inflation Data Economic indicators have been showing mixed signals. However, favorable inflation data this week has significantly increased the likelihood of two interest rate cuts by the end of the year. Despite this, a new record high for gold prices remains within reach. John Williams, the President of the New … Read more
Chinese electric vehicle manufacturer BYD has introduced its latest model, the ‘Shark,’ a medium-sized hybrid pickup truck, marking its first launch outside of China. The announcement was made on Tuesday, alongside the news of a new manufacturing plant to be established in Mexico. Stella Li, the regional director of BYD Americas, made the announcement during … Read more
In a notable downturn, the price of West Texas Intermediate (WTI) crude oil closed on Wednesday with a decline of 3.6%, reaching $79 per barrel, marking its lowest level in the past seven weeks. At the close of trading on the New York Mercantile Exchange (Nymex), WTI futures contracts set for June delivery fell by … Read more
Frankfurt’s Deutsche Bank has witnessed a slight increase in its share value, currently priced at €16.74, up from €16.66 at the previous close. This marks a positive shift after some periods of sideways movement, indicating a potential upward trend for the bank’s shares. Today, Deutsche Bank ranks 23rd with a modest increase of 0.49% in … Read more
Oil prices saw a modest increase in early trading on Tuesday. A barrel (159 liters) of North Sea Brent crude for June delivery was priced at $87.36 in the morning, marking a rise of 36 cents from the previous day. Meanwhile, the price for a barrel of West Texas Intermediate (WTI) from the US climbed … Read more
Unilever’s announcement is part of a growth action plan that includes cutting about 7,500 jobs worldwide and saving around 869 million USD. The hygiene and food giant Unilever announced on Tuesday that it is spinning off its ice cream business, which includes the popular U.S. brand Ben & Jerry’s, as well as Magnum and Cornetto. … Read more