(CNBC) Shares of Chinese smartphone maker Xiaomi rose over 5% on Tuesday after its CEO said the company will mass-produce electric vehicles in the first six months of 2024. The…
(Eurostat) Production in the construction sector declined by 1.3% in the euro area in August from July, a slower fall compared to a 1.8% decrease in the EU. Compared to…
(FT) A consortium of France’s largest banks, public debt office, and the central bank have been conducting trials of a digital currency for ten months in a series of bond…
(NAHB) US builder sentiment index was 80 in October, up by 4 points as strong consumer demand boosted optimism. The current sales conditions index improved by five points to a…
(Fed) US industrial production plunged by 1.3% in September, after another decline of 0.1% in August. Manufacturing output was down 0.7%. About 0.6% of the fall in industrial production was…
(ProShares) The New York Stock Exchange is set to debut the first bitcoin-linked exchange-traded fund by ProShares on Tuesday. The ETF is expected to track bitcoin futures and will trade…
(Bloomberg) The inability of some OPEC+ members to increase oil output is forcing the cartel to settle for a larger crude supply deficit. Countries that include Nigeria, Angola, and Azerbaijan…
(Businesswire) Digital asset marketplace Bakkt Holdings, LLC has finalized its combination with a blank-cheque, VPC Impact Acquisition Holdings. The combined entity will operate as Bakkt Holdings, Inc. The company’s shares…
(Bloomberg) British gambling software developer Playtech Plc gained almost 60% on Monday on a takeover deal valued at A$5 billion, or $3.7 billion, by Australia’s Aristocrat Leisure Ltd. The Playtech’s…
(FT) US biggest banks are sending mixed market signals as they adopt different strategies in investing in securities in the various government debt markets. Bank of America got a boost…
(NBS) China’s economic growth averaged 4.9% in the third quarter from the prior year, less than the forecasted 5.2% expansion. On a quarter over quarter basis, growth was 0.2%, compared…
(Bloomberg) Netflix projects that its highly successful show ‘Squid Game’ will generate about $900 million in value. More than 130 million have reportedly watched the show. The Korean blockbuster show…