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The prolonged strike that had significantly disrupted Hollywood's TV and film production is expected to end following a tentative agreement between writers and studios, announced late Sunday. The deal

• September 26, 2023 06:22 AM AEST
• Investing

Monday saw a continued rise in the stock value of Raleigh, N.C.-based lender First Citizens BancShares, which surged over 50% following its acquisition of Silicon Valley Bank (SVB). This trend is unus

• September 26, 2023 06:18 AM AEST
• Investing

US stocks experienced a further decline on Monday, extending the previous week's losses as investors grappled with rising bond yields and the prospect of prolonged higher interest rates. The S&P 500 i

• September 26, 2023 06:18 AM AEST
• Investing

Barclays (LON:BARC) has announced plans to shut down the UK current and savings accounts of British expatriates, a move set to affect thousands of customers. The decision, confirmed on Monday, will po

• September 26, 2023 06:16 AM AEST
• Investing

Credit card companies are witnessing a surge in losses at a rate unseen since the 2008-09 financial crisis, according to a recent report by U.S. investment bank Goldman Sachs (NYSE:GS). The report, pu

• September 26, 2023 06:14 AM AEST
• Investing

Hertz (NYSE:HTZ), once an emblem of economic turmoil during the COVID-19 pandemic, has made a resilient comeback from Chapter 11 bankruptcy, becoming symbolic of the resurgence in travel. As borders r

• September 26, 2023 06:14 AM AEST
• Investing

Shares of biotechnology company Biophytis surged 73% to $1.59 on Monday following the announcement of a partnership deal with French pharmaceutical firm Skyepharma. The collaboration is set to produce

• September 26, 2023 06:10 AM AEST
• Investing

The Federal Reserve Open Market Committee (Fed) concluded its September meeting on Monday, maintaining the federal funds rate while emphasizing its ongoing battle against inflation. Fed Chairman Jerom

• September 26, 2023 06:10 AM AEST
• Investing

In a significant development in the tech and entertainment industry, a ruling by the District Court of Munich on Monday has found Netflix (NASDAQ:NFLX) guilty of infringing on a patent held by global

• September 26, 2023 06:10 AM AEST
• Investing

This Monday, Goldman Sachs Group Inc. (NYSE:GS), HSBC Holdings Plc (LSE:LON:HSBA), Barclays Plc (LSE:LON:BARC), BNP Paribas (OTC:BNPQY) SA (EPA:BNP) and another unnamed bank announced their collaborat

• September 26, 2023 06:10 AM AEST
• Investing