Here are FTSE 100’s worst performers of 2024: will they bounce back in 2025?
The FTSE 100 had a solid year overall aided by the Labour party’s landslide victory in the general election, and the Bank of England starting to cut interest rates in…
Tokyo inflation jump raises expectations for Bank of Japan rate hike
Tokyo inflation rose sharply in December, and with it rose the expectations of a Bank of Japan (BOJ) interest rate hike in early 2024. Consumer prices in the Japanese capital…
Brazil unemployment hits record low of 6.1%: positive year-end outlook
Brazil celebrates a milestone in job opportunities as the country achieves a record unemployment rate of 6.l% marking a positive trend, in the labour market during the last quarter of…
HomeStreet Bank sells $990M in loans to BofA in strategic profit push
HomeStreet Bank, a Seattle-based lender, is making a significant move to shore up its financial position by selling nearly $990 million of its multifamily commercial real estate loans to Bank…
OpenAI embraces for-profit model to chase AI dreams
OpenAI, the pioneering force behind artificial intelligence breakthroughs, has unveiled a plan to overhaul its corporate structure, signaling a significant strategic shift to fuel its ambitious pursuit of artificial general…
Netflix vs movie theaters: is the streaming giant a true threat?
Comscore’s senior media analyst Paul Dergarabedian sees streaming platforms, including Netflix Inc (NASDAQ: NFLX), as complementary not adversarial for movie theatres. “I think they all work together; it’s this…
These 2 European semiconductor stocks are Bernstein’s top picks for 2025
Bernstein analysts expect the wafer fab equipment market to remain “flat-ish” next year after an estimated 10% growth on the back of continued demand from China in 2024. Still, the…
RGTI charges today towards another all-time high, should you sell?
Rigetti Computing (RGTI) continued to rise spectacularly on Friday, with shares seen increasing by more than 13% to $17.53 during morning trading. The gain follows a record close at $15.44…
UK’s GDP per head closer to Guyana than US by 2039, CEBR economists warn
Britain’s economic trajectory shows signs of stagnation, according to new research from the Centre for Economics and Business Research (CEBR), which predicts that UK living standards will increasingly diverge from…
Recap 2024: Trump’s triumph, Bitcoin’s comeback and geopolitical turmoil
As 2024 draws to a close, it is clear that the year has been marked by seismic shifts across politics, economics, technology, and geopolitics. From groundbreaking advancements in artificial intelligence…