Swedish battery maker Northvolt says head of Europe’s first homegrown gigafactory to step down
It comes shortly after the cash-strapped company announced plans to reduce its workforce by about 25% in Sweden as part of a major cost-cutting drive.
As interest rates fall, it’s a ‘fantastic time’ to revisit bonds, advisor says — here’s why
As the Federal Reserve cuts interest rates, investors should revisit their bond portfolio, experts say. Here’s which bonds could see a boost.
Warren Buffett’s S&P 500 bet paid off. Experts weigh in on whether it’s still a winning strategy
Investing in an S&P 500 index fund can let you take a set-it-and-forget-it approach. But some experts say you could be missing an opportunity to diversify.
Warren Buffett’s S&P 500 bet paid off. Experts weigh in on whether it’s still a winning strategy
Investing in an S&P 500 index fund can let you take a set-it-and-forget-it approach. But some experts say you could be missing an opportunity to diversify.
TikTok’s use of casino-like virtual currency to allegedly exploit children faces scrutiny in DC lawsuit
The District of Columbia attorney general alleges that TikTok operates an alleged “unlicensed virtual currency” as part of its TikTok LIVE feature.
Bayer shares drop 7% after U.S. court says it will review Monsanto case
The company said in a statement Wednesday that there was “no basis for a different outcome on appeal.”
Sweden’s Volvo says deputy CEO to step down in management reshuffle as EV demand slows
It comes shortly after Volvo Cars abandoned its near-term goal of selling only electric vehicles, citing a need to be “pragmatic and flexible.”
HSBC exec says there’s a lot of AI ‘success theater’ happening in finance
Some financial services firms are making bold statements about AI but not seeing tangible results, according to HSBC’s head of generative AI.
European stocks close higher as investors eye lower oil prices, China stimulus
European markets closed higher Wednesday as positive sentiment returned in the region.
China’s property stimulus raises optimism — but more steps are needed for a sectoral turnaround
Home sales during the Golden Week holiday — which is traditionally a peak period for big-ticket spendings — have been on a multi-year decline since 2021.
