World
Stocks making the biggest moves midday: Walt Disney, Dexcom, McDonald’s, On Semiconductor and more
Check out the companies making headlines in midday trading: McDonald’s — McDonald’s shares jumped more than 4% even after the fast-food giant posted quarterly earnings and revenue that fell short of Wall Street’s estimates. The company also reported a decline in same-store sales. Revvity — The life sciences company advanced 6% after posting a second-quarter […]
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French telecoms network hit by vandalism within days of arson attacks against national railways
SNCF employees repair the scene of a suspected attack on the Eastern high speed railway network in Vandieres, north eastern France on July 26, 2024, as France’s high-speed rail network was hit by an attack disrupting the transport system, hours before the opening ceremony of the Paris 2024 Olympic Games. Jean-christophe Verhaegen | Afp | […]
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SoftBank-backed Ola Electric aims to raise $734 million in India’s biggest IPO this year
The new Ola electric scooters displayed during its launch at the Ola headquarters in Bangalore on August 15, 2021. (Photo by Manjunath Kiran / AFP) (Photo by MANJUNATH KIRAN/AFP via Getty Images) Manjunath Kiran | Afp | Getty Images Indian e-scooter maker Ola Electric said on Monday it aimed to raise $734 million in this […]
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Swiss pharma giant Roche to accelerate Wegovy rival drugs after positive trial data
Sopa Images | Lightrocket | Getty Images Swiss pharmaceutical giant Roche said Monday it is accelerating the development of its Wegovy rival weight loss drugs following promising early stage trial data. The company’s two obesity drug candidates are progressing to the next phase of trials and could come to market within the next few years, […]
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Two dead, up to 100 injured after Russian train and truck collide
A view shows derailed carriages of a passenger train after a collision with a truck in the Volgograd Region, Russia July 29, 2024. Head Of Kotelnikovsky Municipal | Via Reuters MOSCOW – At least two people were killed and up to 100 people injured on Monday when a passenger train carrying 800 people collided with […]
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European markets start the new trading week higher as earnings season continues
LONDON — European markets were higher Monday as investors digest U.S. inflation data and look ahead to another busy week of earnings and central bank meetings. The Stoxx 600 index was up 0.21% by 9:50 a.m. London time, with most sectors and major bourses across the region trading in the green. Oil and gas stocks […]
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Heineken shares fall 7% after first-half profit miss
In this photo illustration, bottles of Heineken beer are displayed on July 31, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Heineken shares opened nearly 7% lower on Monday, after the brewing giant’s first-half profit growth came in weaker than analysts had expected. The company’s stock was trading down 6.7% at 9:30 a.m. […]
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Philips shares jump 10.5% as second-quarter sales grow despite China weakness
The Philips office building in Warsaw, Poland, on July 29, 2021. Nurphoto | Nurphoto | Getty Images Shares of Dutch device maker Philips jumped more than 10.5% in early deals Monday after the company reported better-than-expected second-quarter earnings. Shares pared gains slightly to trade up 10.4% by 8:50 a.m. London time. Comparable group sales rose […]
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Venezuelan President Nicolas Maduro wins third term, electoral authority says, contradicting exit polls
President of Venezuela Nicolas Maduro speaks during the election campaign closing event on July 25, 2024 in Caracas, Venezuela. Jesus Vargas | Getty Images News | Getty Images Venezuelan President Nicolas Maduro has won a third term with 51% of the vote, the country’s electoral authority said just after midnight on Monday, despite multiple exit polls which pointed to an opposition win. The authority said opposition candidate Edmundo Gonzalez won […]
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Italy’s Meloni vows to ‘relaunch’ cooperation with China
Italy and China flag together realtions textile cloth fabric texture Oleksii Liskonih | Istock | Getty Images Italian Prime Minister Giorgia Meloni vowed on Sunday to “relaunch” cooperation with China, signing a three-year action plan during her first official visit to Beijing since taking office. Meloni, who has led a right-wing government since 2022, made the announcement during a meeting with Chinese […]
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