Tag: travel

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Intel Rivalry Heats Up: Broadcom, TSMC Explore Deals to Split Chipmaker

Intel stock jumps on report of potential deals with Broadcom, TSMC that could split the company in two.

Qatar to Invest $10 Billion in India

Qatar invests $10 billion in India, opens sovereign fund office to boost bilateral ties

China's EVs 'Three-Five Years' Ahead of Competition, BYD CEO Says

China's electric vehicles are three to five years ahead of the competition according to BYD's CEO Wang Chuanfu.

Great Lakes Dredge & Dock Q4 Earnings Beat, Revenue Rises

Great Lakes Dredge & Dock Corp. (NYSE: GLDD) in Q4 reports earnings of $19.7 million, or 29 cents per share, on revenue of $202.8 million.

Americans Struggle with Debt Year-Round, Not Just Post-Holidays

Digging out of debt used to be a New Year's tradition, but that may be disappearing because borrowers now need help throughout the year for pricey car loans and ballooning credit card debt.

Vulcan Materials (VMC) Posts Better-Than-Expected Sales, Beats Estimates in Q4

Vulcan Materials Q4 2024 earnings beat revenue and EPS expectations, with a strong increase in Adjusted EBITDA. The company benefited from favorable pricing and strong operational execution, leading to a 19% growth in Adjusted EBITDA guidance for the upcoming fiscal year. Analysts expect revenue to grow 9.9% and EPS by 19.3% over the next 12 months.

Hospitality bosses brace for £25bn tax raid

Restaurant owners face higher taxes and minimum wage, forcing them to cut costs and hiring plans. The hospitality industry sees a decline in employment as businesses struggle to keep up with rising labor costs, leading to fears of closures and a shift towards fewer, higher-quality staff.

European Stocks Hold Gains as Defense Spending Outlook Boosts

European stocks hover near record highs and bonds decline amid expectations of increased government defense spending. German and British yields rise, while the Stoxx 600 index holds steady with defense stocks advancing. The war in Ukraine remains a key focus as markets await details on new defense funding, while the Federal Reserve's interest-rate path and US-China relations are also in focus.

Fed Minutes, Retail Sales, Earnings: Wall Street Futures Rise

Fed minutes, tariff uncertainty, and retail sales data influence US stock index futures; investors await earnings reports and watch for Russia-Ukraine peace talks.

Top US and Russian Officials Meet in Saudi Arabia to Discuss Ukraine War

Saudi Arabia hosts talks between top US and Russian officials to discuss ending the Ukraine war, without Ukrainian participation. The meeting aims to explore possibilities for a summit between Trump and Putin next week.