Eurozone’s Construction Total Activity Index rose from 44.1 in January to 45.0 in February, according to IHS Markit press release. The index signaled a softer albeit a contraction in construction…
U.K Construction Total Activity Index rebounded in February from a slump to 49.2 in January to post a high of 53.3, according to IHS Markit press release. The index signaled…
OPEC+ will convene a videoconference from 1 p.m. London time to discuss the next phase of production policy, according to CNBC. The meeting comes when OPEC Secretary General Mohammed Barkindo…
The S&P 500 fell 1.3% to 3,819.72 as tech stocks took a hit on Wednesday despite the names tied to economic recovery providing some support. Nasdaq Composite shed 2.7% to…
Exxon Mobil Corp. has filed a lawsuit in an $11.7 million tussle with Australia’s Macquarie Energy in a Texas court over missed deliveries last month, according to Reuters. Exxon wants…
SpaceX’s Elon Musk is planning to build a new factory in Texas for the Starlink satellite network service, according to the company’s report. The factory will manufacture consumer-facing devices, including…
Alphabet-backed Oscar Health priced its IPO above range at $39 per share, raising $1.2 billion. The health insurance startup planned to sell 31 million shares in the $32-$34 price range…
U.K Business Activity Index in February was 49.5, up from an eight-month low of 39.5 in January, according to the IHS Markit press release. The index signaled the slowest decline…
Global stocks gained on Wednesday as retreat in U.S Treasury yields fueled demand for riskier assets. The MSCI world equity index, which tracks shares in 49 countries, gained 0.4% as…
VanEck Associates Corp will on Thursday launch an exchange-traded fund to track the 75 most-favorably mentioned entities on the internet, according to Bloomberg. The VanEck Vectors Social Sentiment ETF, under…
Yum! Brands Inc. inked a definitive agreement to acquire Kvantum Inc.'s artificial intelligence-based consumer insights and marketing performance analytics, according to the company's press release. Yum! and its KFC, Pizza…
Chinese electric car start-up Nio will reduce its monthly vehicle production capacity by 25% in the second quarter due to a shortage in semiconductors and batteries, according to a report.…