European and Asian stocks slide as US jobs data looms
European and Asian markets dropped Friday as investors awaited key U.S. payroll data. The expected report could shape the Fed’s next interest rate decision...
Month : September 2024
Verizon announces $9.6 billion acquisition of Frontier Communications
Verizon will acquire Frontier Communications for $9.6 billion, expanding its fiber network and adding 2.2 million subscribers across 25 states to its Fios service....
Small asteroid to harmlessly burn up in Earth’s atmosphere today
NASA and ESA confirm that a small asteroid will enter Earth's atmosphere today, safely burning up over the western Pacific Ocean near the coast of...
Nvidia stock drops nearly 10% as global markets slide
Nvidia stock fell nearly 10% as global markets tumbled amid growing concerns over the economy. Investors are bracing for key U.S. jobs data later this...
China threatens Japan with economic retaliation over new chip curbs
China has issued a stern warning to Japan, threatening significant economic retaliation if Tokyo proceeds with additional restrictions on the sale and servicing of chipmaking...
Cathay grounds 15 Airbus A350s after engine failure disrupts flights
Cathay Pacific grounded 15 Airbus A350s after discovering a Rolls-Royce engine fault, leading to flight cancellations and operational disruptions....
Volkswagen warns of potential plant closures amid restructuring
Volkswagen warns of potential German plant closures as economic challenges mount, drawing sharp criticism from unions....
S&P 500 rebounds with 2.3% gain in August after early losses
The S&P 500 posted a 2.3% gain in August, reversing early losses, driven by strong performances in sectors like consumer staples, real estate, and healthcare....
China’s economy struggles as manufacturing and property sectors slump
China’s economy is under severe strain as manufacturing and property sectors struggle, raising doubts about the government’s growth target for 2024....