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Shell Nearing Deal to Sell South African Assets for Up to $1 Billion

Shell's South African downstream asset sale nears completion, as the oil giant and its local partner Thebe Investment Corp. close in on resolving a valuation dispute.

H&M Sales Disappoint in Q4 Despite Improvement in December and January

H&M reports weaker-than-expected Q4 sales due to delayed Black Friday but December and January sales indicate a promising start to the new fiscal year, driven by online sales, improved store experience, and effective cost control.

BOJ’s Himino Affirms Hawkish Outlook, Boosting Yen

Yen rises as BOJ Deputy Governor's comments reinforce rate hike expectations, fueling speculation of policy normalization.

BOJ's Himino Hints at Further Rate Hikes if Economic Outlook Holds

BOJ to Keep Hiking Rates If Economic Outlook is Realized, Deputy Governor Himino Says

Tesla Surges in Frankfurt Despite Missing Expectations

Tesla shares opened up 3.6% in Frankfurt even as quarterly results fell short of expectations. Tesla stated plans to roll out new, cheaper models in the first half of 2025 and start testing a paid autonomous car service in June, alongside cost-cutting measures.

Microsoft Slides, Meta Gains as Investors Weigh AI Spending

Meta shares rise as investors bet on AI spending, while Microsoft's fall on cloud forecast miss

Fed Holds Rates Steady as Tech Stocks Drag Markets Lower

Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate decision saw the central bank keep rates unchanged in a range of 4.25%-4.5%.

Trump Criticizes Federal Reserve Over Inflation, DEI, and Climate Change Concerns

President Trump criticizes the Federal Reserve for not addressing inflation, vowing to tackle the issue through increased energy production, reduced regulation, and rebalanced trade.

French Economy Contracts as Post-Olympics Boost Fades

GDP growth slows in France after Paris Olympics boost, consumer spending also slows down.

Bitcoin Extends Gain on Powell’s Crypto Regulation Comments

Bitcoin rises after Fed meeting, with Chair Powell's crypto comments seen as supportive