Mortgage demand is struggling to contend with a what now appears to be another upswing in interest rates. Homebuyers in particular are pulling back.
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Danish renewables giant Orsted on Wednesday announced plans to cut jobs and exit several offshore wind markets after a tumultuous year of rising costs.
The company lowered its 2024 adjusted earnings forecast to at least $8.30 per share, down from a previous guidance of at least $8.50 per share.
China's cabinet on Wednesday appointed markets veteran Wu Qing as chairman of the China Securities Regulatory Commission, state media Xinhua said.
Siemens Energy swung to profit in its first fiscal quarter on the back of a surge in orders and a one-off gain from selling a stake in its Indian affiliate.
Pieter Omtzigt, leader of the New Social Contract, quit negotiations, vexing Wilders' efforts to assemble a working alliance for his Party for Freedom.
There appears to be no letup in Silicon Valley's march to downsize, or rather to "right-size."
Chinese stocks will likely climb by at least 10% as authorities signal concerted support efforts, said Marko Papic, chief strategist at Clocktower Group.
Donald Trump was not on the Nevada primary ballot.
Wheely, a luxury-focused competitor to Uber, is launching in Dubai as it looks to rev up international expansion efforts that were quashed by Covid in 2020.
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