Stock markets - world
Greece to raise around $1 billion through sale of 12% stake in National Bank
25 Sep 2024
The Greek government is expected to raise around 900 million euros ($1 billion) through sale of a 12 per cent stake in the National Bank of Greece (NBG), the country’s second-largest lender by market value.
ABB to buy back shares worth up to $1 billion
01 Apr 2024
Electrification and automation technology leader ABB will launch a new share buyback programme for up to $1 billion, under which the company will be buying back nearly 21.3 million shares at the current market price.
Berkshire Hathaway acquires $588.7 million worth of Occidental Petroleum shares
14 Dec 2023
Berkshire Hathaway, one of the world’s largest holding companies, acquired nearly 10.5 million shares of Occidental Petroleum.
Bitcoin surges above $40,000 amid positive market sentiment
04 Dec 2023
In a significant upswing, Bitcoin has surpassed the $40,000 mark, marking its highest point in 2023.
Indian markets make history, surpassing the $4 trillion market cap milestone for the first time
29 Nov 2023
Indian markets soared to new heights on Wednesday, 29 November 2023, as they achieved the historic $4 trillion market cap milestone for the first time.
Warren Buffett's endorsement boosts Mitsubishi's image, easing conglomerate stereotypes in Japan
17 Nov 2023
Mitsubishi Corp., Japan's largest trading house, is experiencing a positive shift in investor sentiment, thanks to Warren Buffett's resounding vote of confidence.
Alibaba stock plummets as former CEO abruptly departs cloud unit just before IPO
11 Sep 2023
Alibaba’s stock on the Hong Kong stock exchange dropped more than 4% on Monday, 11 September 2023, following the unexpected resignation of Daniel Zhang,
UBS bails out Credit Suisse in $3.24 billion take-over
21 Mar 2023
Swiss regulator FINMA that offered guarantees to the acquisition said on Sunday that Credit Suisse will write off its $17 billion additional tier-one bonds as part of the deal
ReNew Power lists on Nasdaq at a valuation of $4.5 billion
25 Aug 2021
ReNew Power, India’s largest renewable energy company, got listed on the Nasdaq in the US on Tuesday, at a valuation of $4.5 billion,
Amazon’s Q2 net income doubles to $5.2 billion
03 Aug 2020
Oil fall pummels Saudi Aramco shares to below IPO levels
09 Mar 2020
Saudi official selling prices for crude fell $8-$10.25 below Brent, registering the sharpest fall in at least 20 years even as the Opec kingpin hinted at hiking production by more than 2 million barrels per day
Alphabet reports $10.7 bn 2019 net income on revenues of $46.1 bn
04 Feb 2020
Alphabet’s investments in deep computer science, including artificial intelligence, ambient computing and cloud computing, provide a strong base for continued growth and new opportunities, says CEO Sundar Pichai
Lockheed Martin reports $1.5 bn Q4 net profit on $15.9 bn net sales
29 Jan 2020
Lokheed Martin ended 2019 with net sales of $59.8 billion, net earnings of $6.2 billion, and a record order backlog of $144.0 billion, and expects 2020 financial outlook to be even better
Charles Schwab to buy TD Ameritrade in $26-bn brokerage deal
27 Nov 2019
The combination of the two leading brokerages creating a company with $5 trillion in assets under management will squeeze the discount-led retail brokerage industry, and put smaller rivals under pressure
Microsoft announces $40 bn share buyback, hikes dividend
19 Sep 2019
Microsoft reported revenue of $125.8 billion for the financial year 2019, and a net income of $39.2 billion, setting a new record fiscal year, even as the trillion-dollar company returned $7.7 billion to shareholders in the form of share repurchases and dividends in the fourth quarter of fiscal year 2019