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SHANGHAI (Reuters) -Chinese shares soared to two-year highs on Tuesday, pushing a blistering rally even further as trade resumed after a week-long holiday and investors bet on stimulus supporting the economy. The blue-chip CSI300 was up 10% in early trade to its highest since mid-2022 and the rose 9.7% and hit its best levels since…
HighTower Advisors LLC lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG – Free Report) by 19.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 168,949 shares of the energy company’s stock after acquiring an Source link
ZURICH (Reuters) – UBS reported on Wednesday a net profit of $1.14 billion for the April-June period, the first results since the completion of the bank’s formal legal merger with its one-time rival Credit Suisse. The net profit attributable to shareholders for Switzerland’s largest bank compared with the $528 million forecast by analysts in a…
The latest Atlanta Fed GDPNow forecast has rattled financial markets, with the projected economic output plunging into contractionary territory. While the downturn appears severe, a closer examination of the data suggests that the situation, though concerning, does not yet warrant panic. However, bearish stock market sentiment has taken hold as investors contend with uncertainty surrounding…
July 28, 2025July 28, 2025 Shares of Wockhardt Ltd surged 5% to touch a day’s high of Rs 1,775 on 28th July, after the company stated a medical case where its novel antibiotic Zaynich was used to treat a critically ill US liver transplant patient…
By Joe Brock and David Shepardson SEATTLE (Reuters) -Boeing’s U.S. West Coast factory workers will walk off the job after 96% voted on Thursday in favor of a strike, halting production of the planemaker’s strongest-selling jet as it wrestles with chronic output delays and mounting debt. The workers’ first strike since 2008 will start at…