European Semiconductor Shares Fall After Micron Outlook Warning

investing.com By Scott Kanowsky Investing.com -- Shares in European semiconductor companies dropped on Friday following an outlook warning from U.S. peer Micron that hinted at gloomy growth prospects for the rest of the...

Eurozone Inflation Touches New Record High in June

investing.com By Scott Kanowsky Investing.com -- Annual inflation in the eurozone rose to a fresh record high in June, climbing to 8.6%, according to a preliminary estimate from the EU's statistics office on Friday. The increase,...

Sodexo Shares Rise After Q3 Revenue Beat

investing.com By Scott Kanowsky Investing.com -- Shares in Sodexo climbed to near the top of the pan-European STOXX 600 on Friday, after the food services group reported better-than-expected revenues in the third quarter. The...

Supermarket chain Wegmans settles with New York over data breach

investing.com By Jonathan Stempel NEW YORK - The supermarket chain Wegmans agreed to pay $400,000 and upgrade its security practices over a data breach that exposed personal information of more than 3 million consumers...

Saudi Investment Fund Mulling Aston Martin Stake

investing.com By Scott Kanowsky Investing.com -- Shares in Aston Martin Lagonda Global Holdings PLC slumped by more than 9% on Thursday, after media reports suggested that Saudi Arabia's sovereign wealth fund is eyeing a...

IKEA's stocks back at 2019 levels in Europe as transport bottlenecks ease

investing.com By Anna Ringstrom STOCKHOLM - Warehouses for IKEA stores in Europe are as full as they were before the pandemic after an easing of transport bottlenecks in the region, the retail manager of Ingka Group, which owns...

Biden Blames Russia for Soaring Global Energy Prices in NATO Speech

investing.com By Scott Kanowsky Investing.com -- U.S. President Joe Biden doubled down on his commitment to Ukraine's war effort, as he blamed a spike in gas prices on the Russian invasion of the country. Speaking at a...

Shares in U.K. Homebuilders Fall as British House Price Growth Eases

investing.com By Scott Kanowsky Investing.com -- Shares in British homebuilders sank on Thursday, following fresh data that suggested a downturn may be looming for the U.K. housing market. Annual growth of house prices in Britain...

Gazprom Shares Tumble After Shareholders Vote Against Record Dividend

investing.com By Scott Kanowsky Investing.com -- Moscow-listed shares in Gazprom tumbled by more than 25% on Thursday, after shareholders in the Russian energy company decided against a record-breaking dividend. Gazprom's board...

Powell Warns of "Likely" Growth Slowdown From Aggressive Rate Hikes

investing.com By Scott Kanowsky Investing.com -- Federal Reserve chair Jerome Powell has warned that a broader economic slowdown could be a "likely" outcome from aggressive monetary policy actions aimed at curbing the soaring...

Uzbekistan warms up to Bitcoin mining, but there’s a catch

investing.com The National Agency of Prospective Projects in Uzbekistan announced its demands toward crypto mining operators. It would only allow the companies that use solar energy to mine Bitcoin (BTC) or other...

IOHK Countdowns for Vasil Upgrade, “the Most Complex Project”

investing.com On June 28, Charles Hoskinson’s IOHK team officially tweeted that they have submitted an updated proposal to hard fork the Cardano Testnet. Similarly, the team is counting down to finally activating Vasil mainnet on...

Meggitt Shares Tick Higher After Britain Says Parker Takeover Deal Worries Allayed

investing.com By Scott Kanowsky Investing.com -- Shares in Meggitt PLC edged higher on Wednesday, boosted by an announcement from the British government that it is now open to giving the green light to a £6.3 billion takeover bid...

H&M Shares Rise After Q2 Profit Beat

investing.com By Scott Kanowsky Investing.com -- Shares in H&M rose in early trading on Wednesday, after the fast-fashion giant reported a 33% year-on-year jump in second quarter pre-tax earnings, beating expectations. The...

U.S. Travel Shares Climb After China Eases Covid Quarantine Rules

investing.com By Scott Kanowsky Investing.com -- Shares in U.S. airlines and travel industry firms rose on Tuesday after China announced that it will scale back its Covid travel restrictions. Beijing said that the required Covid...