Norway’s Central Bank Raises Key Policy Rate
Norway's central bank surprised the markets on Thursday by announcing a 25 basis points hike in its key policy rate. The move aims to prevent prolonged high inflation levels and…
Etsy Inc. Announces Staff Layoffs, Shares Fall
A Shift in Strategy for the E-Commerce Giant Etsy Inc. experienced a significant drop in its shares on Wednesday, with a decline of over 7%, placing the company among the…
Ignitis Group’s Successful Auction Bid for Wind Park Development in Estonia
Ignitis Group is pleased to announce that its subsidiary, Ignitis renewables, together with Copenhagen Infrastructure Partners (CIP), has emerged as the highest bidder in an auction for the development of…
La Poste Group and EDF Group Form Joint Venture to Improve Energy Efficiency
La Poste Group has announced a collaboration with French utility company EDF Group to establish a joint venture focused on enhancing energy efficiency. As part of its efforts to reduce…
AJ Bell Reduces Prices and Increases Interest on Cash Deposits
AJ Bell, the U.K. investment platform, announced on Tuesday that it is reducing prices for customers investing via its platform in the Direct-to-Consumer and Advised markets, while also increasing the…
Moderna Announces Company Reorganization
Moderna Inc. has recently revealed a strategic reorganization aimed at enhancing focus on two key initiatives: driving sales for its COVID vaccine, Spikevax, and preparing for the anticipated launch of…
Pfizer Set to Finalize $43 Billion Acquisition of Seagen
Pfizer, the renowned New York drugmaker, has successfully obtained all necessary regulatory approvals for its groundbreaking $43 billion acquisition of the biotech cancer specialist, Seagen. The company is now poised…
Germany’s Economic Outlook Improves Unexpectedly
Germany's economic outlook received an unexpected boost in December, thanks to growing confidence that the European Central Bank (ECB) may soon cut interest rates as inflation continues to drop. According…
EQT Acquires Majority Stake in Heritage Environmental Services
Swedish private-equity firm, EQT, has announced its agreement to acquire a majority stake in Heritage Environmental Services. The Indianapolis-based company specializes in sustainability and industrial waste management services in the…
Hasbro Job Cuts Amid Toy Sales Decline
Shares of toy company Hasbro tumbled more than 4% in after-hours trading following reports of significant workforce reductions due to weak sales. Even with the holiday sales season approaching, the…
House Judiciary Committee Subpoenas Vanguard Group and Arjuna Capital
The House Judiciary Committee has recently taken action in its investigation into possible illegal collusion to deprive funding to fossil fuel companies. Subpoenas were issued to Vanguard Group and Arjuna…
Pinterest’s Impulse Shopping Boom
Analysts Upgrade Pinterest Stock, Predicting a Positive Future RBC Capital Markets analysts led by Brad Erickson have upgraded social media giant Pinterest to Outperform from Sector Perform, stating that impulse…
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