OPEC Maintains Stable Production in December Despite Venezuelan Decline
OPEC crude oil production remained stable in December. A drop in Venezuelan output, at a two-year low, was offset by increases in Iraq and other member countries.
OPEC Maintains Stable Production in December Despite Venezuelan Decline
OPEC crude oil production remained stable in December. A drop in Venezuelan output, at a two-year low, was offset by increases in Iraq and other member countries.
Popular Retirement Rule Could Be Changed, Impacting Retiree Spending
A well-known retirement rule is likely to be revised, potentially affecting how retirees manage their expenses and budget.
CIG finalizes acquisition of Hilton Garden Inn Athens hotel
CIG announced the finalization of the acquisition of the Hilton Garden Inn Athens property, strengthening its hospitality portfolio.
Zilch Acquires Fjord Bank in Lithuania for European Expansion
UK 'Buy Now, Pay Later' firm Zilch will acquire Lithuania's Fjord Bank to accelerate its European market expansion.
Europe Facing Trump's Policy: A Strategic Approach of Submission
Europe's hesitant response to events in Venezuela and threats concerning Greenland highlights its foreign policy challenges facing the Trump administration.
Billionaire anticipates political shift in US Congress
A billionaire hedge fund manager predicts a shift in the balance of power in the US Congress, citing often unfulfilled political promises by parties.
Emerging market stocks and currencies fall amid rising geopolitical risks
Emerging market stocks and currencies dropped for a second straight day as geopolitical risks prompted caution ahead of key US jobs data.
Memecoins and DeFi Lead Crypto Market Declines
The cryptocurrency market is experiencing a pullback, with memecoins and decentralized finance (DeFi) protocols showing the steepest drops, signaling increased investor caution.
Teleflex names Stuart Randle interim CEO and lowers annual revenue forecast, shares fall
Teleflex (TFX) announced leadership changes and a lowered annual revenue forecast, causing its shares to drop over 13%.
Commercial Metals (CMC) Returns to Profitability in Q1
Commercial Metals Company (CMC) reported net income of $177.3 million, or $1.58 per share, in Q1, compared to a net loss of $175.7 million a year earlier.
Average Net Worth of Americans Reaches $620,654, But Median is More Telling
The average net worth of Americans is $620,654, but this figure is heavily skewed by the wealthiest. The median value offers a fairer perspective on the financial situation of most households.
China Expected to Approve Nvidia Chips; Trump Demands More Defense Spending | Bloomberg Brief 1/8/2026
US stock futures fall, led by tech. China plans to approve Nvidia's H200 chips. US unveils oil strategy in Venezuela. Defense stocks rise after Trump's demands. Fewer US layoffs in December.
Cynthia Lummis Expresses Concern Over DOJ Bitcoin Sale Report
Senator Cynthia Lummis is deeply concerned by a report of the Department of Justice selling $6 million in Bitcoin, questioning the event's veracity.
JPMorgan Dit Non aux Conseils des Agences de Procuration, Opte pour l'IA
JPMorgan Chase will no longer follow proxy advisory firms' recommendations, opting instead for artificial intelligence in its corporate governance decisions.
Montage Technology Eyes $1 Billion Hong Kong Share Sale in January
Chinese chipmaker Montage Technology plans to raise up to $1 billion via a Hong Kong share sale in January, according to people familiar with the matter.
JPMorgan Ends Ties with Proxy Advisors, Adopts AI
JPMorgan Chase has stopped working with proxy advisors, relying instead on artificial intelligence to optimize shareholder proposal analysis and decision-making.
Christmas food spending boosts UK retailer revenues
UK grocery sales hit a record high in December, offsetting weak fashion spending and supporting the retail sector.
Trump withdraws the USA from the UN climate treaty and 65 other global bodies
President Trump signed an executive order suspending US participation in 66 UN agencies and international organizations, including the climate treaty, marking a major setback for global cooperation.
Brevan Howard profits slump despite macro trading boom
Profits distributable to Brevan Howard partners fell 20% to £61m for the year to March 2025, as the fund missed the macro trading boom.
Venezuelan Oil: Between Potential and Production Challenges
Venezuela's heavy crude oil is more expensive to extract than lighter varieties, posing economic challenges for the South American country.
Trump's policies could lead to market pause, says Principal Asset Management's Seema Shah
Seema Shah, Chief Global Strategist at Principal Asset Management, anticipates that Trump administration policies could make 2026 less favorable for investors.
Clover Integrates Biometric Payments Through Partnership with Wink
Clover, a Fiserv subsidiary, announced a collaboration with Wink to offer biometric payment solutions, enhancing transaction security and convenience for merchants and consumers.
Mercer strengthens US presence by acquiring two wealth management firms
Mercer, a Marsh McLennan subsidiary, has acquired two US wealth management firms, expanding its service offerings and geographic reach in the American market.
OMV secures $144 million for green hydrogen project in Austria
OMV secured $144 million in funding for its green hydrogen project in Austria. This financial support aims to develop renewable hydrogen production in the country.
Gold and silver retreat ahead of stock index rebalancing
Gold and silver prices fell as traders prepared for broader index rebalancing, influencing capital flows and demand for precious metals.
According to Peter Schiff, Trump's actions are accelerating the sovereign debt and US dollar crisis
Peter Schiff states that former President Trump's foreign policy decisions are not diversions but are exacerbating the US sovereign debt and dollar crisis.
Jack in the Box Modernizes Point of Sale System with Qu's Commerce Platform
Jack in the Box selected Qu's unified commerce platform to modernize its point of sale system, aiming to enhance customer experience and operational efficiency.
Bunq files for a banking license in the USA
Dutch neobank Bunq has officially submitted an application for a banking license in the United States, marking a key step in its international expansion into the American market.
JPMorgan to take over Apple Card management, succeeding Goldman Sachs
JPMorgan Chase is expected to take over the Apple Card credit card partnership from Goldman Sachs, marking a major shift in financial services for Apple.
TakeMe2Space raises $5 million in seed funding, led by Chiratae Ventures
This funding will support R&D for next-gen satellites, expand the constellation to six spacecraft, strengthen presence in India, USA, and Australia, and grow the team.
Nitro Commerce raises $5 million in Series A led by Cornerstone Ventures
This capital will accelerate platform growth, strengthen teams, develop AI capabilities, and expand international operations.
84% of Indian Professionals Feel Unprepared for the 2026 Job Market
A report shows Indian professionals feel unprepared for the job market, despite AI adoption in job searching. Recruiters struggle to find qualified candidates, indicating a complex market.
Zalando closes its Erfurt logistics center, impacting 2,700 jobs
Zalando will close its logistics site in Erfurt, Germany, affecting 2,700 employees. The company will maintain a network of 14 logistics centers across seven countries.
Wyoming Launches FRNT Stablecoin on Solana Blockchain
Wyoming becomes the first state to deploy its FRNT stablecoin on the Solana blockchain, marking a significant step in US state cryptocurrency adoption.
October Crypto Crash Slowed Trading as Market Makers Overwhelmed by Tokens, BitMEX Says
October's crypto market crash led to token accumulation by market makers, significantly slowing trading activity, according to BitMEX.
L Catterton Acquires Good Culture, Valuing Cottage Cheese Maker at Over $500 Million
L Catterton has agreed to acquire Good Culture, a cottage cheese company, for over $500 million.
More and more companies are claiming customs duty refunds in the USA
Costco, Goodyear Tire, Dole Fresh Fruit, and J. Crew join the legal battle for US customs duty refunds.
Japan's Debt Hits 16-Year Low on Economic Growth
Japan's economic growth and rising prices boosted GDP, significantly reducing the country's debt to a 16-year low.
L Catterton Acquires Good Culture, Valuing Cottage Cheese Maker at Over $500 Million
L Catterton has agreed to acquire Good Culture, a cottage cheese company, for over $500 million.
HSBC pays 300 million euros to close French probe into dividend transactions
HSBC reached an agreement in France following an investigation into its handling of dividend transactions between 2014 and 2019, avoiding prosecution.
Fast Retailing (Uniqlo) raises annual forecasts after strong profit surge
Fast Retailing, owner of Uniqlo, reported a 34% rise in operating profit to $1.3 billion and a 15% revenue increase, leading to higher annual forecasts.
US Companies Cut Layoff Plans and Forecast More Hires
US companies announced fewer layoffs and more hiring last month, potentially easing fears of a sharp labor market slowdown.
Several banks in contention to finance Advent's acquisition of InPost for 4.5 billion euros
Advent International-led consortium seeks 4.5 billion euros financing for potential acquisition of Polish parcel locker operator InPost SA, marking an active start to the M&A year.
Croatia proposes central bank governor Boris Vujcic for ECB Vice-President role
Croatia has officially nominated Boris Vujcic, governor of the Croatian National Bank, for the position of European Central Bank Vice-President, intensifying competition for this key role.
Jefferies raises its recommendation on Repsol to buy and increases its price target
Financial analysis firm Jefferies also expressed a positive opinion on TotalEnergies, highlighting its optimism for the energy sector.
The used car market in 2025: 2.2 million sales, nearly double new registrations
In 2025, used car sales reached 2.2 million units, nearly double new registrations. Vehicles over ten years old dominate this market, accounting for 57.3% of transactions.
US Officials Visit Cambodia to Support Ceasefire Talks
A US delegation will visit Cambodia to bolster a fragile ceasefire with Thailand, according to the Cambodian Foreign Minister. The visit aims to consolidate regional peace.
Dumarey Powerglide closes its Strasbourg plant, leading to 320 job cuts
Dumarey Powerglide's Strasbourg plant is closing due to the loss of its main client, German supplier ZF, which brought production in-house.
BNB Treasury Strategy Sparks Governance Debate at CEA Industries
A proposal to alter BNB's treasury strategy has ignited a governance conflict at CEA Industries, highlighting tensions over asset management and decision-making.
Spain issues €7.01 billion of medium and long-term debt maturing in 2026
The Spanish Treasury launched its first debt issuances for 2026, raising €7.01 billion in medium and long-term securities.
Arctic Economic Council Director Frederiksen Discusses Business in Greenland
Mads Qvist Frederiksen, Executive Director of the Arctic Economic Council, states Greenlandic investments are pending due to US interest, despite local reluctance to sell.
Zalando to close logistics center in Germany, threatening 2,700 jobs
Online retailer Zalando plans to close its Erfurt center as part of a restructuring of its European logistics network to strengthen its market position.
November Wage Data Will Not Influence BoJ's Gradual Tightening
Despite real wages falling for the 10th consecutive month in November, the Bank of Japan is expected to maintain its gradual monetary tightening policy.
BME Appoints Susana de Antonio to Head of IPOs
Susana de Antonio, formerly head of business development at Euronext in Spain, joins BME to lead IPO operations.
2025 electricity bill was the third highest on record
According to a Facua study, electricity bills rose 15.5% last year, reaching their third highest level in history.
Bitcoin Drops to $90,000 as Altcoins Retreat in Thin Market
Bitcoin saw a significant drop to $90,000, with altcoins also retreating amid low trading volumes in cryptocurrency markets.
Hang Seng minority shareholders approve HSBC's $14 billion buy-out offer
Hang Seng Bank minority shareholders approved parent HSBC's $14 billion buy-out offer, strengthening the British bank's presence in Hong Kong.
Chilean consumer prices fall more than expected as rates drop
Chilean consumer prices fell more than expected last month after the central bank cut its key interest rate, citing faster-than-anticipated inflation slowdown.
Succession crisis at Castel: heirs contest the CEO
French group Castel, a wine and beer giant, faces an internal crisis. Two heirs of founder Pierre Castel contest the appointment of Gregory Clerc as CEO.
Lookiero Outfittery raises €17 million for AI, backed by SETT and other investors
Personal styling company Lookiero Outfittery closed a €17 million funding round, including €7.25 million from SETT. Funds will develop new AI-based features.
FTSE 100 falls on disappointing company results and UK house price decline
The UK's FTSE 100 index is down this Thursday morning, impacted by weak company updates and a decrease in UK house prices in December.
HSBC pays 267 million euros to avoid trial in 'CumCum' tax fraud case
HSBC agreed to pay 267 million euros to close an aggravated tax fraud investigation linked to the 'CumCum' affair. It is the second bank to plead guilty, after Crédit Agricole.
Nvidia demands full upfront payment for H200 chips in China
Nvidia is requesting full advance payment for H200 AI chip orders in China to mitigate uncertainty over Beijing's shipment approval.
Venezuelan bonds could double, according to Altana Wealth
Altana Wealth founder Lee Robinson believes Venezuelan government bonds have significant growth potential, possibly doubling from current levels.
Yu Liang, former Vanke chairman, resigns from all roles at troubled developer
Yu Liang, former chairman of China Vanke Co. until January, has left all positions at the struggling Chinese property developer, marking a major shift.
Donald Trump's statements are once again influencing financial markets
Donald Trump's recent social media posts create uncertainty for investors and traders, potentially impacting markets.
Google and Character.AI Settle Disputes Over Teen Suicides
Google and startup Character.AI reached amicable agreements for lawsuits related to teen suicides, marking the first settlements in such cases against AI companies.
Fast Retailing (Uniqlo) raises profit forecast, driven by demand recovery in China
Uniqlo owner Fast Retailing improved its annual earnings outlook, citing strong performance across all markets, especially a significant recovery in China.
Iberdrola increases its dividend by 9.5% to 0.253 euro gross per share, payable on February 2
The last trading day with dividend rights for Iberdrola shares is this Friday, before the February 2 payment.
US to Control Venezuelan Oil Sales After Seizure of Tankers
Washington announced its control over Venezuelan oil sales following the seizure of two tankers carrying sanctioned crude and the capture of Nicolás Maduro.
Pharming forecasts 27% revenue growth in 2025, beating expectations, driven by RUCONEST and Joenja
Pharming Group N.V. announced preliminary 2025 revenue of $376 million, exceeding its own forecasts. This represents a 27% increase from the prior year's $297.2 million.
CAC 40 slightly down at midday
The French market shows mixed performance as investors monitor geopolitical developments and await key US economic data.
US Job Cut Announcements Hit 17-Month Low
US companies announced 35,553 job cuts in December, the lowest figure since July 2024, according to Challenger, Gray & Christmas Inc.
Project Studio raises funds from Modulor Capital to strengthen AI and international expansion
Project Studio secured funding from Modulor Capital to enhance AI capabilities, bolster its Indian presence, and support overseas expansion.
OpenAI Deploys ChatGPT Health for EHR Integration
OpenAI launched ChatGPT Health, a feature designed with doctors to help users understand their health and prepare for medical appointments, without replacing healthcare professionals.