Pinterest surges most since 2020 on tilt toward shopping, Gen Z
Shares were up as much as 23% to $40.98 Wednesday afternoon in New York, the biggest intraday increase since October 2020.
View ArticleMicrosoft and Brookfield sign biggest-ever clean power deal
Technology companies are clamoring for more clean energy to meet their own climate goals, just as overall energy demand is rising.
View ArticleJewelry brand Pandora surges as lab-grown diamonds lift sales
The shares advanced as much as 6.6% in Copenhagen, for the biggest intraday rise since November 8. The shares are up more than 80% in the past 12 months.
View ArticleSouth Africa factory mood surges to near two-year high
The headline index was largely propped up by improved business activity, which surged to 57.2, from 44.5 the previous month and domestic sales orders.
View ArticleRecord bitcoin-ETF outflow buffets BlackRock, Fidelity Funds
Investors pulled a net $564m from the batch of almost a dozen funds on Wednesday, the biggest drawdown since the products debuted in January.
View ArticleWith ZiG Zimbabwe expects to finally turn its back on inflation
'ZiG seeks to remonetise the economy to restore investor confidence and this will be done through restoring confidence in the currency itself,' Reserve Bank of Zimbabwe Deputy Governor Innocent Matshe...
View ArticleGlencore weighs making bid for Anglo American, Reuters says
Anglo’s American depositary receipts jumped in New York trading on Thursday, rising as much as 7.5%.
View ArticleZimbabwe seeks full convertibility of ZiG currency, finance chief says
As a way to further support the unit and protect it from collapse, according to Mthuli Ncube, the Finance Minister.
View ArticleGold heads for worst weekly run since February on rate outlook
Spot gold was flat at $2 304.18 an ounce at 9:20 a.m. in Singapore.
View ArticleCocoa whipsaws to close one of the wildest weeks market has seen
Cocoa slid as much as 7.6% to $6 990 a metric ton in New York on Friday, before paring losses to trade 0.9% higher.
View ArticleUber rival bolt raises €220m in credit to gear up for IPO
Bolt offers ride-hailing, food delivery and scooter rentals — categories where growth has slowed in recent years.
View ArticleFour myths about vertical farming debunked by an expert
There are four key myths about vertical farming that need to be dispelled.
View ArticleCoffee variety is priciest since 1970s in blow to instant brews
Gauge of wholesale prices climbed 17% during April.
View ArticleFive key charts to watch in global commodity markets this week
Specifically, mining, natural gas, wheat, oil, and renewables.
View ArticleQantas settles ‘ghost flight’ lawsuit as cleanup costs mount
The legal dispute led to the early retirement of Qantas' then CEO, Alan Joyce, and a boardroom overhaul aimed at restoring the company's brand.
View ArticleZimbabwe’s ZiG weakens to lowest level since launch
Experiencing a 0.8% decline from its first trading day.
View ArticleMaersk sees Red Sea conflict absorbing up to 20% ship capacity
Company tells its clients that effects from hostilities widen.
View ArticleAt $2m per minute, treasuries mint cash like never before
After nearly two decades of being constrained by zero-rate policies, US Treasuries are now returning to their conventional economic role.
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