Unexpected Contraction in China's Manufacturing Activity
China's manufacturing activity unexpectedly contracts in October, with the official PMI falling to 49.5, below forecasted expectations. The subindex for production and new orders also decline, indicating fresh challenges for the sector.
SATORP Converts Used Cooking Oil into Sustainable Aviation Fuel
SATORP, a joint venture between Aramco and TotalEnergies, converts used cooking oil into sustainable aviation fuel (SAF) through coprocessing, reducing CO2 emissions by 80%. This achievement highlights TotalEnergies' commitment to circular...
Stock Market Update
Stocks in Toronto show gains, offsetting weakness in mining stocks. Major banks perform well, while Air Canada's stock dips despite reporting a profit.
Warning: Eye-drop Products Pose Risk of Infection
The FDA warns consumers about the risk of eye infections and potential vision loss from certain over-the-counter eye-drop products.
Intesa Sanpaolo Expanding Presence in Romania Through First Bank Acquisition
Intesa Sanpaolo is acquiring First Bank in Romania to increase its foothold in the Eastern European country and capture value-driven opportunities for growth.
Trucking Giant XPO Reports Better-Than-Expected Q3 Numbers
Trucking giant XPO reports better-than-expected Q3 numbers, surpassing Wall Street's expectations amid a weak economy. Stock performance surges, demonstrating strong growth trend. CEO expresses positive outlook. Strong LTL business boosts o...
Shein Acquires Missguided: A New Partnership in Online Fashion
Shein acquires Missguided in a strategic partnership, integrating the brand into its fashion division and manufacturing its products using Shein's on-demand production model. This acquisition signifies Shein's commitment to meeting customer...
U.S. Stocks Set to Rise amid Key Events and Earnings Reports
U.S. stocks are expected to open higher as investors eagerly await the Federal Reserve's interest rate decision, Apple's earnings report, and the release of the October jobs numbers.
Payment Stocks Continue to Drop Amid Economic Slowdown
Payment stocks are dropping due to concerns about an economic slowdown in Europe, competition from Apple, and consumer spending. Investors are awaiting PayPal's earnings report to assess the outlook.
Airline Sector Faces Challenges Amid Record Profits
European airlines face challenges due to rising fuel prices and conflicts in the Middle East, impacting stock prices despite record profits.