GE Healthcare stock sinks on China’s rare earth export restrictions
Among the restricted rare earth elements is gadolinium. Gadolinium is used to enhance the clarity of MRI scans, and the restrictions could significantly impact GE Healthcare, as MRI scanners accounted ...
Global rout in bank shares intensifies as recession fears mount
The drop in shares is a sharp reversal for the banking sector, which a few months ago was riding high on post-election ...
This stock has just hit a new record high while the rest of the market sinks
Investing.com –Investors rattled by the accelerating global tariff war may feel like there’s nowhere to hide. The S&P 500 has fallen more than 7% as of this writing since tensions began escalating ...
Fitch boosts Hellenic Bank’s shareholder support rating following Eurobank’s upgrade
Investing.com -- Fitch Ratings has increased the Shareholder Support Rating (SSR) of Hellenic Bank Public Company Limited (HB) to ’bbb-’ from ’bb+’. The rating action was announced on Friday, April 4, ...
Nasdaq set to confirm bear market as Trump tariffs trigger recession fears
(Reuters) - The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20% ...
Fitch downgrades Grupo Nutresa’s rating to ’BB+’ following major shareholder’s acquisition
Fitch Ratings has lowered the Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of Grupo Nutresa S.A. to ’BB+’ from ’BBB’, with a stable outlook. The downgrade comes after Jaime ...
Moody’s downgrades ams-OSRAM’s rating to B3 with a stable outlook
Investing.com -- Moody’s Ratings has downgraded the long-term corporate family rating (CFR) and the probability of default rating (PDR) of ams-OSRAM AG to B3 from B2. The rating of the backed senior ...
Citi says reported Intel-TSMC JV would be ’the wrong move’
"We also question the wisdom of fabless companies investing in this JV," the firm states. "We believe Intel foundry has proven over years it cannot compete with TSMC, and forcing a company to use ...
Dow on correction path as China strikes back against US tariffs
President Donald Trump imposed a 10% tariff on most goods imported into the U.S. earlier in the week and much higher levies ...
Turkey’s Fidan on Syria, Israel, Ukraine war, ties with U.S
Turkey’s foreign minister, Hakan Fidan, discussed Israeli strikes in Syria, the U.S. policy U-turn and sanctions, and a ...
JP Morgan downgrades Dow, Lyondell on trade and economic risks
Investing.com -- JP Morgan downgraded Dow Inc (NYSE: DOW) and LyondellBasell to Neutral from Overweight amidst growing trade risks, rising raw material costs, and a weakening global economy that could ...
TSMC and Intel discuss joint venture, analyst Kuo weighs in
TF International Securities analyst Ming-Chi Kuo has commented on the market rumors surrounding TSMC’s possible assistance to ...