Posts with tag: development
Fitch warns that the triple-A credit scores of the World Bank and other top multilateral lenders may be downgraded if the U.S. withdraws its support.
Published on: February 11, 2025, 02:06 PM UTC
President Trump’s focus on reciprocal tariffs may upend the US trading relationships around the globe. Some American allies could be hit hard due to their high average tariffs. However, other nations with lower average duties than the US argue that any US tariffs applied to them should actually fall.
Published on: February 11, 2025, 02:02 PM UTC
Royalty Pharma (RPRX) missed Q4 revenue estimates but exceeded EPS expectations. Portfolio Receipts beat estimates, and full-year 2025 guidance was above consensus. Despite a decline in operating margin, the company remains highly profitable. Analysts forecast 17.3% revenue growth over the next 12 months. Read our full research report to assess the company's fundamentals and valuation.
Published on: February 11, 2025, 01:04 PM UTC
Chevron's oil and gas reserves have fallen to a decade low, raising concerns about the company's long-term prospects. The acquisition of Hess, which is currently stalled due to a legal battle with Exxon Mobil, would give Chevron a stake in the lucrative Guyana oilfields.
Published on: February 11, 2025, 12:07 PM UTC
British equipment rental firm Ashtead Group seeks shareholder approval to relocate its primary listing to the United States, as the company aims to explore higher valuations in the US markets.
Published on: February 11, 2025, 12:04 PM UTC
OpenAI CEO Sam Altman says the company is "not for sale" amid unsolicited bid from Elon Musk, calling it a "tactic" to slow OpenAI's progress.
Published on: February 11, 2025, 12:04 PM UTC
Vietnam's currency, the dong, fell to a record low against the dollar as the central bank weakened the daily reference rate for a sixth consecutive day.
Published on: February 11, 2025, 09:01 AM UTC
Chinese automakers Xpeng and Geely Auto see shares fall on concerns over BYD's competitive edge in offering smart driving features for free.
Published on: February 11, 2025, 03:00 AM UTC
Oil holds gains on tighter Russian supply, tariff concerns
Published on: February 11, 2025, 01:00 AM UTC
PennantPark Floating Rate Capital Ltd. (PFLT) reported a fiscal first-quarter profit of $28.3 million, or 33 cents per share, beating analyst estimates of 31 cents per share. Revenue was $67 million, also topping forecasts of $58.9 million.
Published on: February 10, 2025, 10:08 PM UTC