Thyssenkrupp Shares Soar 8% After Narrowing Losses and Strategic Restructuring
Thyssenkrupp, the German industrial giant, saw its shares jump nearly 8% on Tuesday after reporting a reduced net loss and announcing a €1 billion impairment on its Steel Europe division. Key Financial Highlights: CEO Miguel Lopez highlighted that the upcoming fiscal year will
Disney’s Strong Streaming Earnings Show Path to Replacing Linear TV
Disney’s latest fiscal results offer a promising outlook for the streaming industry, showing that streaming services like Disney+, Hulu, and ESPN+ are turning into more profitable businesses. According to Disney’s CFO, Hugh Johnston, the company projects an $875 million increase in direct-to-consumer operating
Global Stock Market Update: Mixed Results as Wall Street Caps Strongest Week of the Year
European stocks opened strong, while Asian markets took a downturn following Wall Street’s best week in a year. China’s latest economic stimulus package fell short of investor expectations, creating mixed reactions worldwide. European Markets Open Higher European stocks rose in early trading: Meanwhile,
Trump’s Victory Fuels $64 Billion Surge in Wealth for Top 10 Billionaires
The re-election of Donald Trump on Wednesday brought a major financial windfall for the world’s wealthiest, with the top 10 billionaires’ wealth collectively increasing by $64 billion — the largest single-day rise recorded by Bloomberg’s Billionaire Index since its inception in 2012. Biggest
Bizzopp Business Expo 2025: Unlock Growth Opportunities in New Delhi on January 18th
Following two highly successful events in Mumbai and Jaipur, Bizzopp Expo is excited to announce the next Business Expo will be held in New Delhi on Saturday, January 18, 2025. This event is a major opportunity for entrepreneurs, business leaders, and industry experts
Saudi Aramco’s Q3 Profits Hit $27.5 Billion Amid Global Oil Price Slump
Profits Decline Due to Lower Oil Prices Saudi Aramco, the state-owned oil giant, posted third-quarter profits of $27.5 billion, a 15% drop from last year’s $32.5 billion during the same period. The decrease is attributed to declining global oil prices and reduced refining
China’s Manufacturing Rebounds in October as Demand Recovers, Survey Reveals
October PMI Indicates Growth Among Smaller Manufacturers China’s manufacturing sector witnessed a return to growth in October, as smaller manufacturers reported expansion. According to a private survey by Caixin/S&P Global, the Manufacturing Purchasing Managers’ Index (PMI) hit 50.3, surpassing the forecasted 49.7 from