Italy's Service Sector Sees Growth in October

According to the latest HCOB Purchasing Managers' Index (PMI), Italy's service sector showed accelerated growth in October. The index measuring the sector's healt...

World Bank: Poland's $450 Billion Decarbonization Push Could Boost GDP by 4%

The World Bank has highlighted a significant economic opportunity for Poland. According to the bank, decarbonizing the Polish economy by 2050 could boost the coun...

KKR Acquires Over One-Third Stake in Fuji Soft

Private equity firm KKR & Co. has successfully acquired a significant stake in Japanese software developer Fuji Soft Inc. Following the completion of the first ph...

Credit Agricole's Earnings Surpass Expectations Fueled by CIB's Strength

French banking giant Credit Agricole SA reported a smaller-than-expected decline in net profit for the third quarter, thanks to strong performance in its investme...

Itochu's First Half Net Profit Rises 6% to $2.9 Billion

Japanese trading company Itochu announced a 6% increase in its net profit for the first half of the fiscal year ending in September, rising to 438.4 billion yen (...

UniCredit Upgrades Profit Outlook, Plans to Distribute 50% Cash Dividend to Shareholders

Italy's second-largest bank by assets, UniCredit, announced today that it has upwardly revised its profit expectations for next year and plans to distribute half ...

BMW's Q3 Profit Plummets 61% Due to Challenges in China and Brake Issues

BMW AG (ETR:BMW) has announced a significant decline in its operating profit for the third quarter due to a drop in demand in the Chinese market and complications...

Trump's Policies May Prompt ECB to Accelerate Interest Rate Cuts

Forex - Rabobank Research indicates that the U.S.'s potential shift towards more protectionist policies may complicate growth in Europe and could encourage the Eu...

MARKET OUTLOOK - Euro Drops as Trump Declares Victory in U.S. Presidential Election

Forex - The Euro dropped after Trump announced his victory in the U.S. presidential election. ING pointed out that the trade tariffs proposed by Trump could place...

European Stocks Rally Amid US Election Developments

European stock markets opened higher today. This rise followed gains in U.S. stock futures after Donald Trump declared victory in the presidential election and th...

Gulf Markets Surge on Trump's Election Victory Claims

In today’s early trading, major exchanges in the Gulf posted gains following Donald Trump’s announcement of victory against Democrat Kamala Harris in the U.S. pre...

Market Outlook - Oil Prices Decline

Forex - The rise of the US dollar following predictions of Republican candidate Donald Trump's victory in the US elections led to a decline in oil prices in early...

FOREX NEWS SURVEY - September Current Account Forecast Shows a Surplus of $2.85 Billion

Forex - Forex News: The current account survey has been completed. The median estimate for September's current account was a surplus of $2.85 billion, while the ...

Bitfinex Releases Its 129th Alpha Report

Foreks - Bitfinex has published its 129th Alpha Report: Are we witnessing a calm before the storm in the markets?

According to the Bitfinex Alpha Report, Bitcoi...

Trump's Victory Seen as an Opportunity to Redefine U.S.-Russia Relations

Kirill Dmitriev, CEO of Russia's Sovereign Wealth Fund, recently expressed optimism about the potential for improved U.S.-Russia relations following Donald Trump'...

Gediz Retail Awarded LACP Vision Award for Sustainability Report

Aydem Energy’s electricity retail company Gediz Retail has been awarded the “Silver Award” at the Vision Awards organized by the League of American Communications...

Puma's Q3 Sales Increase by 5%, Fall Short of Expectations Due to Currency Issues

In today’s financial news, German sportswear giant Puma has announced its third-quarter results, reporting a 5% increase in sales on a currency-neutral basis. Des...

The Cost of Living in Istanbul Soars by 60.46% Year-on-Year in October

In October, the cost of living in Istanbul increased by 60.46% compared to the same month last year. According to research, the average living cost for a family o...

Moving Project Secures Deal for 9,600 Ton Capacity SPMT Addition to Fleet

Foreks - The company has reached an agreement to add a total of 200 axle "Self-Propelled Modular Trailers (SPMT)" with a capacity of 9,600 tons to its fleet.

In...

IKMIB/Pelister: Cosmetic Sector Exports Increased by 3.15% in the First Ten Months

Foreks - One of the world’s most important trade fairs for the cosmetics, personal care, and cleaning products sectors, "Beautyworld Middle East," was held in Dub...

Nomura: Trump's Victory Will Further Heighten Policy Divergence Between the Fed and ECB

Nomura analysts suggested that Republican Donald Trump's presidential victory would further increase the existing policy divergence between the Fed and the ECB. T...