Investing

US equity benchmarks rose slightly on Thursday ahead of the outcome of the US Federal Reserve’s policy meeting later in the day.  Benchmark averages extended gains from Wednesday and hit…

The Bank of England reduced interest rates by 25 basis points on Thursday, even as Labour’s expansive budget announcement complicates the prospects for future policy easing. The decision to lower…

Japan’s Nissan Motor has announced a series of aggressive cost-cutting measures, including laying off 9,000 employees and reducing its global production capacity by 20%. This marks the second time this…

ON Semiconductor, the $31 billion chip manufacturer based in Scottsdale, Arizona, has faced significant challenges lately. Despite the broader market momentum, with the S&P 500 index climbing 29% from July…

Under Armour’s shares soared 25% on Thursday after the sportswear giant raised its annual profit forecast, citing lower input costs and effective cost-saving measures, such as reducing discounts at its…

Moderna reported a surprising third-quarter profit on Thursday, driven by cost reductions and stronger-than-expected sales of its COVID-19 vaccine, despite lower-than-anticipated revenue from its new respiratory syncytial virus (RSV) vaccine.…