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ByteDance founder Zhang Yiming has been crowned China’s wealthiest person, according to the Hurun Research Institute, displacing Nongfu Spring’s Zhong Shanshan, who led for the last three years. Zhang’s $49.3 billion fortune eclipses Zhong’s wealth of $47.9 billion, following a tumultuous year for Zhong’s bottled water business, which faced public criticism in early 2024. Zhang, […]

• October 29, 2024 01:51 AM PDT
• Invezz

Hungarian Prime Minister Viktor Orban said on Tuesday that the election in Georgia won by the ruling party was free and democratic, as he congratulated his Georgian counterpart Irakli Kobakhidze durin...

• October 29, 2024 01:44 AM PDT
• EODHD

An enduring drought across much of the western United States has caused a drop in U.S. hydro power generation to a 23-year low so far in 2024, data from the U.S. Energy Information Administration (EIA...

• October 29, 2024 01:43 AM PDT
• EODHD

McDonald’s is preparing to reveal its third-quarter earnings this Tuesday, with analysts expecting mixed results as the chain faces ongoing challenges. In light of a recent E. coli outbreak linked to its Quarter Pounder burger, McDonald’s sales have been impacted by a temporary pullback in some locations across the US. The Centres for Disease Control […]

• October 29, 2024 01:40 AM PDT
• Invezz

It is hard to be optimistic about France’s financial situation lately. Last week, Moody’s downgraded France’s credit outlook from “stable” to “negative,” a move that also supports earlier concerns from Fitch.  With debt projected to hit 115% of GDP by next year and an annual deficit expected to reach 6.1%, France now holds one of […]

• October 29, 2024 01:37 AM PDT
• Invezz

Headlines,Culp Inc. captures analyst interest following insider buying activity.,Major shareholders increase their holdings, signaling confidence in the company.,Recent earnings update highlights Culp’s current operational landscape.,Culp's Growing Appeal...

• October 29, 2024 01:29 AM PDT
• Team Kalkine Media

Headlines,Institutional ownership increases in Sealed Air as prominent firms adjust holdings.,Investors show steady commitment, enhancing stakes across multiple periods.,Institutional ownership of Sealed Air reaches over 94%, signaling robust interest.,Re...

• October 29, 2024 01:25 AM PDT
• Team Kalkine Media

Headlines,Sealed Air Co. receives mixed ratings from analysts.,Recent target price adjustments reflect varying outlooks on the company.,Analysts continue to monitor Sealed Air's performance and market position.,Sealed Air Co.,(NYSE:SEE),is currently recei...

• October 29, 2024 01:21 AM PDT
• Team Kalkine Media

British oil major BP recently reported its weakest quarterly earnings since the pandemic-driven downturn of 2020, driven by slumping crude prices and slimmer refining margins. Despite a dip in earnings, the company’s underlying replacement cost profit of $2.3 billion still surpassed analyst expectations, which stood at $2.1 billion. For investors, this mixed picture raises a […]

• October 29, 2024 01:18 AM PDT
• Invezz

Gold prices rose on Tuesday ahead of the US Presidential election on November 5 and a string of key economic data releases later this week. Prices have come close to their record high earlier in the session as the traders shrug off easing geopolitical tensions in the Middle East.  At the time of writing, the […]

• October 29, 2024 01:17 AM PDT
• Invezz