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Pfizer’s decision to offload $3.05 billion worth of shares in Haleon is a strategic move driven by shifting priorities in a volatile pharmaceutical market. The transaction, involving 700 million shares priced at 357 pence each, reduced Pfizer’s ownership in the British consumer healthcare giant to 7.3%. The sale price reflected a 2.75% discount to Haleon’s […]

• January 15, 2025 02:33 AM PST
• Invezz

China's State Grid will invest a record over 650 billion yuan ($88.7 billion) in the country's power grid this year, state-run CCTV said on Wednesday, up from 600 billion in 2024.

• January 15, 2025 02:29 AM PST
• EODHD

XRP has experienced a dramatic 12% increase in value within 24 hours, reaching $2.86 at the time of writing—a price level last seen in early 2018. This milestone has sparked heightened interest across the cryptocurrency market, particularly from institutional investors and high-net-worth individuals. Source: CoinMarketCap The driving force behind this rally appears to be an […]

• January 15, 2025 02:09 AM PST
• Invezz

Gold prices inched above the $2,700 per ounce mark on Wednesday again as traders remained focused on the release of the US CPI inflation data.  A milder US dollar also supported sentiments in the gold market on Wednesday. A weaker dollar makes commodities priced in the greenback cheaper for overseas buyers, thereby generating more demand […]

• January 15, 2025 01:58 AM PST
• Invezz

GE Vernova stock price soared to a record high this week after a positive statement from Bank of America analysts who boosted their outlook. GEV soared to a high of $383, making it one of the best-performing spin-offs as the stock has soared by 235% from its lowest level in 2024, bringing its market cap […]

• January 15, 2025 01:57 AM PST
• Invezz

• January 15, 2025 01:56 AM PST
• Invezz

The appointment of Tom Emmer as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence marks a pivotal moment for the cryptocurrency and fintech sectors. This subcommittee, established in 2023, is at the forefront of shaping the future of crypto regulation and integrating AI into financial systems. Emmer’s track record as […]

• January 15, 2025 01:49 AM PST
• Invezz

Russia launched a new barrage of missiles and drones at Ukraine on Wednesday, targeting gas infrastructure and other energy facilities in western regions in the latest strike on the country's hobbled...

• January 15, 2025 01:46 AM PST
• EODHD

The TikTok controversy in the US has triggered wider scrutiny of Chinese apps, with legislation like the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA) threatening to reshape the digital landscape. While TikTok faces the immediate threat of a nationwide ban, this law’s potential impact extends beyond TikTok, potentially ensnaring rising stars like Lemon8 […]

• January 15, 2025 01:30 AM PST
• Invezz

The Toshi memecoin, a cat-themed cryptocurrency inspired by the pseudonymous creator of Bitcoin, surged by 120% in just 24 hours following its inclusion on Coinbase’s listing roadmap. Built on the Base network, Toshi has seen a rapid rise in popularity as it garners mainstream attention. This development signals a significant shift for the small-cap token, […]

• January 15, 2025 01:18 AM PST
• Invezz