Finance

Foreign direct investment from Germany to China grew by about 30% in the first eight months of the year from a year ago, China’s Ministry of Commerce said Monday. Vcg | Visual China Group | Getty Images BEIJING — European businesses in China are revaluating their market plans after this year’s Covid controls further isolated

In this article GM F LVS NVAX MRNA BNTX Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images Check out the companies making headlines in midday trading Tuesday. Change Healthcare – Shares of Change

Sweden’s Riksbank launched a 100 basis point hike to interest rates on Tuesday as it looks to rein in inflation. Mikael Sjoberg/Bloomberg via Getty Images Sweden’s Riksbank on Tuesday launched a 100 basis point hike to interest rates, taking its main policy rate to 1.75%, as it warned that “inflation is too high.” In a

In this article STKL ARRY OPEN PHM A worker at a Lennar home under construction. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves midday Monday: D.R. Horton, Lennar, PulteGroup — Homebuilder stocks moved higher on Monday after KeyBanc double upgraded the sector to overweight from underweight.

In this article BTC.CM= ETH.CM= Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called “the merge.” Yuriko Nakao | Getty Images Bitcoin fell to its lowest level in three months on Monday as investors

In this article UNP DHR NEE ARNC NSC CSX Check out the companies making headlines before the bell: Union Pacific (UNP), CSX (CSX), Norfolk Southern (NSC) – Rail stocks are all higher in the premarket following news of a tentative agreement that prevents a rail workers’ strike. CSX – which also named former Ford Motor

In this article ADBE DECK WYNN FSR NSC NFLX PYPL HUM ARNC Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming stock gained 7% after Evercore ISI upgraded Netflix to an outperform rating and

Mergers in software may be about to break out. Top investment banker Rick Sherlund of Bank of America sees a wave of struggling companies putting themselves up for sale at cheaper prices due to the economic downturn. “You do need to see greater capitulation,” the firm’s vice chair of technology investment banking told CNBC’s “Fast

August was marked by extremely hot temperatures in parts of China, prompting temporary power rationing in some regions. Pictured here on Aug. 24, 2022, is the central city of Chongqing’s skyline with the lights partially turned off to conserve energy during the heatwave. Vcg | Visual China Group | Getty Images BEIJING — China reported

In this article NCR GE AZN-GB UBER IP FDX Check out the companies making headlines before the bell: FedEx (FDX) – FedEx tumbled 20.3% in premarket trading after issuing a profit warning due to declining package delivery volumes around the world. The news has exacerbated fears of a slowing global economy, weighing on shares of

In this article IP FDX UBER ADBE FE SNOW FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx – Shares of the delivery giant slid about 21.4% after the company preannounced disappointing results for the

FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX’s main competitor, Coinbase, has seen its shares plunge 70% and has laid off a fifth of

New British Prime Minister Liz Truss delivers a speech outside Downing Street, in London, Britain September 6, 2022. Toby Melville | Reuters LONDON — New British Prime Minister Liz Truss faces a confluence of economic challenges, but will need to balance her own ideals with the immediate needs of the country. Last week, Truss announced

Malerapaso | Istock | Getty Images HUNTINGTON BEACH, Calif. — Professional athletes are faced with a difficult task early in their careers — learning to deal with big sums of cash as they’re thrust into stardom, often at a young age. Isaiah Thomas, an all-star basketball player, and major league baseball player Dexter Fowler sat

The U.S. economy is teetering on the brink of a serious downturn if the Federal Reserve doesn’t pump the brakes on its rate hikes, billionaire CEO Barry Sternlicht said. The central bank has already raised interest rates four times this year and is widely expected to hike them by 75 basis points next week in

Unemployment among China’s youth aged between 16 and 24 has surged to nearly 20%, according to an official survey for July. Pictured here is a job fair in Beijing on Aug. 26, 2022. Jade Gao | Afp | Getty Images BEIJING — More people in China and Brazil are worried about their jobs than in

In this article DHR RYTM NEE Wind turbines at the San Gorgonio Pass wind farm, owned by NextEra Energy Inc., in Whitewater, California, on Wednesday, Feb. 17, 2021. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines after hours. NextEra Energy — Shares fell 3% in extended trading after the company

In this article MRK PANW SBUX Check out the companies making headlines in premarket trading Wednesday. Starbucks – Shares of Starbucks gained nearly 1% after the company boosted its long-term forecast and said it expects double-digit growth for revenue and earnings per share over the next three years. Palo Alto Networks – Cybersecurity company Palo

The market’s violent reaction to hotter-than-expected inflation may usher in more losses. Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn’t moderating, so the Federal Reserve won’t pivot. related investing news Stocks could retest lows after August’s fiery inflation shakes up markets Patti Domm an hour ago Don’t

Daniel Pinto, JPMorgan’s chief executive of corporate and investment bank. Simon Dawson | Bloomberg | Getty Images The deal-making slowdown that has weighed on Wall Street this year shows no signs of letting up. Investment banking revenue at JPMorgan Chase is headed for a 45% to 50% decline in the third quarter from a year