News

Saietta Group Experiences Widened Fiscal 2023 Pretax Loss

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 19, 2023

Saietta Group, a prominent U.K. engineering company, has reported an increased pretax loss for fiscal 2023. The company attributes this to higher costs. However, Saietta remains optimistic about the future…

OnTheMarket Announces Takeover by CoStar Group

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 19, 2023

By Joe Hoppe OnTheMarket, the leading U.K. online property portal, has reached an agreement to be acquired by CoStar Group, a prominent provider of online real-estate marketplaces based in Washington,…

GM and Honda to Launch Driverless Ride Service in Japan

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 18, 2023

General Motors (GM) and Honda announced their collaboration with Cruise, GM's self-driving unit, to introduce a driverless ride service in Japan by early 2026. By utilizing an app on their…

Rising Mortgage Rates Pressure Home Buyers

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 18, 2023

Daily 30-year mortgage rates have reached a significant milestone, hitting 8% on Wednesday afternoon. This increase puts even more pressure on prospective home buyers. According to a survey conducted by…

Antofagasta Reports Higher Production in Q3 2023

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 18, 2023

Antofagasta, a Chilean mining company, has announced an increase in third-quarter production for all its metals. This boost in production can be attributed to higher output from the Los Pelambres…

Chip Recovery Timeline Pushed Back Again

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 18, 2023

The chip recovery timeline is facing further delays as a result of escalating tensions between the United States and China. ASML Holding, a crucial supplier to the semiconductor industry, has…

Oil Prices Rise due to Gaza Blast

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 18, 2023

Price Action West Texas Intermediate crude (CL00, +2.15%) for November delivery (CL.1, +2.15% CLX23, +2.15%) rose $1.93, or 2.2%, to $88.59 a barrel. The contract settled flat at $86.66 a…

Volvo’s Third Quarter Results: What to Watch

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 17, 2023

Volvo, the renowned automotive manufacturer, is set to release its third-quarter earnings report on Wednesday. Here are the key details to keep an eye on: Net Income Forecast According to…

SAP Q3 Results

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:October 17, 2023

SAP is set to announce its third-quarter results on Wednesday. Here is a breakdown of what you should know: Revenue Forecast The German business-software company is expected to report non-IFRS…