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Sabadell wins $425 mln in UK lawsuit against Cerberus over property deal
Market Updates

Sabadell wins $425 mln in UK lawsuit against Cerberus over property deal

Sabadell on Wednesday won a London lawsuit against Cerberus Capital Management over a property deal, being awarded just over 405 million euros ($425.1 million) including interest.

  • December 04, 2024 02:19 AM PST
  • EODHD
Rupee hits record closing low, forward premiums extend decline
Market Updates

Rupee hits record closing low, forward premiums extend decline

The Indian rupee logged its weakest closing level on record on Wednesday, hurt by a lingering deprecation bias and broad-based dollar bids while dollar-rupee forward premiums extended their decline.

  • December 04, 2024 02:09 AM PST
  • EODHD
US senator blasts airlines for viewing passengers as 'walking piggy banks'
Market Updates

US senator blasts airlines for viewing passengers as 'walking piggy banks'

The head of a U.S. Senate panel harshly criticized rising airline fees for luggage and seat assignments, saying carriers are looking for new ways to extract more money from passengers.

  • December 04, 2024 02:08 AM PST
  • EODHD
Valencia floods contaminate rich Albufera wetland with detritus and sewage 
Market Updates

Valencia floods contaminate rich Albufera wetland with detritus and sewage 

One of Europe's most biodiverse coastal wetland reserves has been inundated with tons of plastic waste, wrecked cars and pharmaceutical products by the flash floods that ravaged southeastern Spain las...

  • December 04, 2024 02:06 AM PST
  • EODHD
Malaysia health volunteers on alert for waterborne disease after devastating floods
Market Updates

Malaysia health volunteers on alert for waterborne disease after devastating floods

Health volunteers in Malaysia have been preparing for any surge in waterborne diseases following devastating floods that saw tens of thousands of people evacuated, with concerns in the country that da...

  • December 04, 2024 01:59 AM PST
  • EODHD
OECD cuts 2025 forecast for German economy
Market Updates

OECD cuts 2025 forecast for German economy

The OECD has trimmed its forecast for German economic growth next year due to political uncertainty and tight fiscal policy, while still anticipating stagnation this year, it said on Wednesday.

  • December 04, 2024 01:48 AM PST
  • EODHD
Spirits group Campari picks Simon Hunt as CEO, shares up 5%
Market Updates

Spirits group Campari picks Simon Hunt as CEO, shares up 5%

Campari has nominated Simon Hunt as chief executive to replace Matteo Fantacchiotti who resigned in September, sending the Italian spirits group's shares up 5%.

  • December 04, 2024 01:46 AM PST
  • EODHD
Gold prices steady amid South Korea’s political turmoil, US economic data in focus
Gold

Gold prices steady amid South Korea’s political turmoil, US economic data in focus

Gold prices were little changed on Wednesday amid political turmoil in South Korea, while traders waited for more cues from key US economic data.  At the time of writing, the February gold contract on COMEX was at $2,665.39, down 0.1% from the previous close.  The job openings and labor turnover survey published by the US […]

  • December 04, 2024 01:40 AM PST
  • Invezz