Tag: food

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HBX Group Plans Up to €750 Million IPO for Bonus Payments

Spanish travel platform HBX is set to raise €750m through an IPO. The company offers travel technology, connecting hotels with travel agencies, airlines and tour operators. HBX plans to use the proceeds to reduce debt and for incentive plans and bonuses.

Apple Beats Estimates, But iPhone Sales Miss Due to Slow AI Rollout, China Headwinds

Apple beats profit estimates but iPhone sales, China revenue disappoint due to competition, slow AI rollout. Mac and iPad sales rise, services business grows, boosting overall results.

Blackstone in Talks to Buy New York Office Stake From JPMorgan Asset

Blackstone in talks to buy stake in New York office building from JPMorgan Asset Management institutional investors

Wells Fargo Co-CEO of Corporate and Investment Banking Jon Weiss Retires

Wells Fargo's Co-CEO of CIB, Jon Weiss, to Retire; Fernando Rivas to Lead Solely

European Economies Contract at Year-End as Confidence Sours

Europe's largest economies, Germany and France, saw their GDP contract in Q4 2024 due to political turmoil and weakening consumer and business confidence. The ECB is expected to cut interest rates to boost growth amidst inflation concerns, while analysts remain skeptical about the impact of upcoming elections in Germany and France on economic recovery.

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

Tesla Q4 Earnings: Self-Driving Initiatives and Robotaxis in Focus

Tesla reports Q4 earnings Wednesday after the bell, with investors eyeing self-driving and robotaxi updates. Analysts are bullish, with Wedbush predicting a "golden age" and Morgan Stanley calling Tesla an "embodied AI ETF."

Asian Stocks Rise as Earnings, Fed Decision Sway Investors

Asian stocks rise slightly with focus shifting to BOJ Deputy Governor Ryozo Himino's speech; US tech earnings mixed. Yen strengthens, while US futures point to a reversal of small declines.

Meta Q4 Earnings: Revenue Growth Slowdown, Expenses To Rise in 2025

Meta reports Q4 earnings that beat expectations but forecasts slower revenue growth in the current quarter and higher expenses in 2025, leading to an initial stock drop followed by a slight gain.