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Putin greenlights Citigroup sale after months of state-imposed restrictions

Citigroup has finally secured Russian state approval to sell its local banking operations, nearly a year and a half after announcing plans…
Stock

US equities stage a rebound at open, led by AMD stock: Nasdaq up 0.3%

US stocks advanced on Wednesday, led by a rebound in technology shares after a turbulent start to the week. The S&P 500…
Stock

Commodity wrap: gold, base metals climb on US shutdown optimism; oil slumps

Gold held steady as investors awaited the US House vote on a government reopening deal, which could clarify economic data and the…
Stock

On Holding shares surge over 20% as sportswear maker hikes outlook

Shares of Swiss sportswear maker On Holding surged more than 20% in early trading on Wednesday after the company raised its full-year…
Stock

SoFi Technologies launches SoFi Crypto, a one-stop crypto platform for consumers

SoFi Technologies has taken a major step in merging traditional banking with the world of digital assets by launching SoFi Crypto, a…
Stock

Xpeng stock set for breakout as management takes aim at Tesla’s AI ambitions

Chinese automaker Xpeng (NYSE: XPEV) is making a bold leap beyond electric vehicles (EVs), unveiling plans to mass-produce humanoid robots and launch…
Stock

US stocks shed some Monday gains at open: Nasdaq slips 0.5%, Dow down 100 points

US stocks eased on Tuesday as weakness in major technology names pulled the S&P 500 modestly lower following a strong rally in…
Stock

Why Novo Nordisk slashed prices of its weight-loss drug in India: 5 key points

Novo Nordisk has cut the price of its blockbuster weight-loss drug Wegovy by up to 33% in India, a Reuters report said…
Stock

Nvidia stock slip after SoftBank sells $5.83B stake to fund OpenAI bet

Nvidia shares slipped early Tuesday after Japan’s SoftBank Group disclosed it had sold its entire stake in the chipmaker for $5.83 billion…
Stock

US stocks jump as shutdown nears end: S&P climbs 1%, Nasdaq climbs 1.6%

US equities climbed on Monday after Senate lawmakers advanced a key procedural measure that moves the government closer to ending its historic…
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