Market updates

Puma Wants to Improve Its Brand. AI Might Help.
September 24, 2024 08:00 PM AEST| By EODHDThe company, which attributes less than a quarter of its revenue to direct to consumers, hopes AI will help it build better, more personalized relationships with customers. Continue reading View comme...

KBR Enhancing Digital Engineering for Future Tankers Programs with Estimated $113M Contract Win
September 24, 2024 08:00 PM AEST| By EODHDHOUSTON, Sept. 24, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $113 million task order to perform aeronautical systems research, development, test and evaluation fo...

2024 HP Work Relationship Index Reveals AI Users Have Healthier Relationships with Work
September 24, 2024 08:00 PM AEST| By EODHDHP Inc. Second Annual Global Study Finds Workers Who Use AI Are 11-Points Happier with Their Relationship with Work Compared to Non-Users News Highlights Only 28% of knowledge workers from various ind...

Deutsche Boerse searched in EU probe into possible antitrust violations
September 24, 2024 07:59 PM AEST| By EODHDDeutsche Boerse was searched as part of European Union investigations into financial derivatives and is fully cooperating with authorities, a company spokesperson said.

US Finalizes First Binding Chips Award With Polar Semiconductor
September 24, 2024 07:00 PM AEST| By EODHD(Bloomberg) -- The Biden administration has finalized its first binding award under the Chips and Science Act: a $123 million grant to Polar Semiconductor that officials say could double the company’s...

Southwest Airlines is preparing to battle for investor hearts and minds (and wallets)
September 24, 2024 07:00 PM AEST| By EODHDAs the management team at Southwest Airlines (LUV) fights to maintain their control amid an activist investor’s campaign to replace them, there’s a large contingent of people whose jobs might be in ev...

Red Bull building back from Monza low point, says Horner
September 24, 2024 06:56 PM AEST| By EODHDFormula One champions Red Bull hope to pick up the pace over the last six rounds of the season after Max Verstappen emerged stronger than expected from back-to-back street races in Azerbaijan and Sing...

Update: Market Chatter: Netflix Facing Probe in India for Alleged Business Malpractices, Reuters Reports
September 24, 2024 06:55 PM AEST| By EODHDUpdate: Market Chatter: Netflix Facing Probe in India for Alleged Business Malpractices, Reuters Reports

Who are the Americans detained in Russia?
September 24, 2024 06:54 PM AEST| By EODHDRussia's Baltic exclave of Kaliningrad sentenced an American man named Daniel Joseph Schneider to six years in prison on Tuesday, finding him guilty of kidnapping his own son after he tried to leave R...

Wallabies need a better start in Wellington, says lock Salakaia-Loto
September 24, 2024 06:37 PM AEST| By EODHDAustralia must make a much better start if they are to have any hope of beating the All Blacks in the final round of the Rugby Championship in Wellington this weekend, lock Lukhan Salakaia-Loto said o...

In Russia, some crypto miners go underground - literally
September 24, 2024 06:28 PM AEST| By EODHDRussia's southern republic of Dagestan has called for tougher measures against power-hungry cryptocurrency miners who local officials said were causing electricity outages and seeking to evade the law...

Exclusive: Bain-backed chipmaker Kioxia scraps October IPO plan, sources say
September 24, 2024 06:22 PM AEST| By EODHDBain-backed memory chipmaker Kioxia has scrapped its plan for an initial public offering (IPO) in October, three sources familiar with the matter said.

Bank of England's Bailey says interest rates are gradually heading downwards
September 24, 2024 05:44 PM AEST| By EODHDThe Bank of England should be able to lower interest rates gradually as it gains confidence that inflation will remain close to its 2% target, Governor Andrew Bailey said in an interview published on...

DHL on good path in 2024, CFO says after strategy overhaul
September 24, 2024 05:44 PM AEST| By EODHDDHL is on a good path for its 2024 forecast, its chief financial officer said on Tuesday after the logistics giant announced an overhaul of its group structure that would make its German parcel busine...

China's Leapmotor and Stellantis open orders in Europe for budget EVs
September 24, 2024 05:33 PM AEST| By EODHDChina's Leapmotor is set to start taking orders in Europe for a city car and an SUV, the automaker and its partner Stellantis said on Tuesday as they expand their budget electric vehicle (EV) offering...

Ukraine says China is key route for foreign tech in Russian weapons
September 24, 2024 05:25 PM AEST| By EODHDRoughly 60% of the foreign parts found in Russian weapons on the battlefield in Ukraine come via China, Ukraine's presidential adviser Vladyslav Vlasiuk told reporters on Tuesday.

Legal & General appoints new asset management boss in drive for growth
September 24, 2024 05:08 PM AEST| By EODHDLegal & General has appointed a chief executive for its newly created asset management division, picking a US executive with expertise in

Thai finance ministry and c.bank to discuss inflation target next week
September 24, 2024 04:24 PM AEST| By EODHDThailand's government will next week discuss the inflation target and strong baht with the central bank, Finance Minister Pichai Chunhavajira said on Tuesday, as the government pushes for an interest...

Political Betting Markets Face an Uncertain Future, Even as Their Influence Grows
September 24, 2024 03:30 PM AEST| By EODHDThe future of online prediction exchanges appears to rest in the hands of an appellate court. A decision could come any day. Continue reading View comments

Saudi Aramco plans two-tranche dollar Islamic bonds, term sheet says
September 24, 2024 03:12 PM AEST| By EODHDState oil giant Saudi Aramco is planning a five and 10-year U.S. dollar-denominated sukuk, or Islamic bonds, deal, according to a term sheet reviewed by Reuters on Tuesday.