Next joins £1 billion profit club as sales surge; NXT stock jumps 8%
Next has become one of the few British retailers to surpass £1 billion in annual profit, reporting a pre-tax figure of £1.011 billion for the year ending January. This marks…
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20% of South Korean officials hold crypto worth $9.8M
A new report from South Korea’s Government Public Ethics Committee has revealed that one in five public officials holds cryptocurrency, reflecting the increasing penetration of digital assets in state institutions.…
USDT issuer Tether eyes investment in Italian media firm Be Water amid global expansion
Stablecoin issuer Tether is reportedly set to acquire a significant stake in Italian media company Be Water as it cements its presence in the European Union.According to a report citing…
Australia faces potential winter gas shortage, regulator warns
The Australian Competition and Consumer Commission (ACCC) issued a warning on Thursday, highlighting the potential for a gas supply shortage on Australia’s east coast during the winter season (July-September). This shortfall…
US widens AI export bans to 80 firms, 50 based in China
The US Department of Commerce has added 80 entities to its export control “entity list,” including more than 50 from China, as part of an intensified crackdown on the flow…
Lloyds share price technical analysis: can it keep rising?
Lloyds share price has done well in the past few months and is now hovering near its highest point in years. This rally has coincided with the ongoing surge of…
Tesco share price has crashed: will it go back up soon?
Tesco share price has suffered a harsh reversal this month, erasing all the gains made earlier this year. After peaking at near 400p in February, the stock tumbled to a…
BYD targets doubling overseas sales in 2025 to 800,000 amid global expansion
Chinese electric vehicle giant BYD is aiming to more than double its overseas sales to over 800,000 units in 2025 as it continues its aggressive international expansion, its chairman told…
The ones we’ve lost: Canoo, Fisker, Nikola, 23andMe, Forever21
Corporate America is having a mixed performance this year as concerns about technology companies’ valuations remain. Stocks have also reacted to the highly hawkish actions of the Federal Reserve and…
Are foreign investors returning to Indian equities? Here’s what experts say
Foreign institutional investors (FIIs) are returning to Dalal Street as net buyers, ending their prolonged selling streak and driving a strong rally in the stock market.Global funds have emerged as…