Finhub 365

IRS agents will no longer conduct unauthorized visits to homes and companies to collect missing tax revenue. The practice, which allowed officers to visit properties with a median tax liability of $110,000, was criticized due to increased threats and animosity.

🗞 Read more: https://finhub365.com/markets/20230725120357-us-market-opens-jul-25

Blue Origin rocket engine fire raises delivery concerns; BE-4 engine damaged, impact on client United Launch Alliance.

🗞 Read more: https://finhub365.com/markets/20230712121355-blue-origins-rocket-engine-fire-delays-crucial-delivery-ula-affected

💻 Microsoft announces additional employee layoffs amidst fiscal year start. Tech industry adjusts to reduced hiring and cloud computing cost-cutting.

🗞 Read more: https://finhub365.com/markets/stocks/20230711112035-microsoft-announces-additional-layoffs-amidst-fiscal-year-start

Alibaba's shares rise as Ant Group investigation nears end, while Chinese authorities fine Ant Group and introduce normalized supervision.

🗞 Read more: https://finhub365.com/markets/stocks/20230710091344-alibaba-shares-soar-as-ant-group-investigation-nears-conclusion

📦 Amazon deploys Rivian electric vans in Germany, advancing transportation electrification. Shorter, thinner vans for European cities.

🗞 Read more: https://finhub365.com/markets/20230704110031-amazon-accelerates-electric-fleet-expansion-in-europe-with-rivian-vans

⚽ Qatari group confident in winning Manchester United bid, Glazer family delays, Wall Street competition, ownership agreement uncertainty, player acquisitions restricted

🗞 Read more: https://finhub365.com/markets/stocks/20230629075733-qatari-group-set-to-score-victory-in-manchester-united-bidding-war

🛬 Lufthansa negotiates with pilots to avoid summer strike. Disagreement over salary and conditions. Stakes high for recovery from COVID impact

🗞 Read more: https://finhub365.com/markets/stocks/20230627102536-lufthansas-high-stakes-negotiations-with-pilots-union

The UK has dropped six places in the global economic competitiveness rankings due to business executives losing faith in the country due to government incompetence.

🗞 Read more: https://finhub365.com/markets/20230620052352-europe-market-opens-jun-20

Boris Johnson accused of misleading parliament and violating lockdown rules in partygate scandal, facing potential suspension and criticism of democratic institutions.

🗞 Read more: https://finhub365.com/news/20230615131427-boris-johnson-accused-of-deliberate-deception-and-contempt

⚽ Sheikh Jassim's takeover bid boosts Manchester United shares, courted by Jim Ratcliffe, as preferred bidder is revealed soon.

🗞 Read more: https://finhub365.com/markets/stocks/20230613102725-manchester-united-shares-surge-amidst-sheikh-jassims-takeover-buzz

Bill Barr, Trump's attorney general, has criticized the indictments as "very damning" and branded it "ridiculous" to say Trump is the victim of a witch hunt.

🗞 Read more: https://finhub365.com/markets/20230612131524-us-market-opens-jun-12

🍅 Viterra and Bunge are about to unite to become a $30+ billion agricultural trading behemoth, with antitrust authorities expected to investigate. Bunge will fund the majority of the transaction through stock, and the value of the transaction may be impacted by changes in Bunge's stock price.

🗞 Read more: https://finhub365.com/markets/20230609075928-us-daily-recap-jun-8

🥪 Subway's search for large franchisees faces challenges due to low profits and dated stores, discouraging multi-unit operators. Store closures and consolidation complicate expansion plans.

🗞Read more: https://finhub365.com/markets/20230606133235-subways-franchise-model-struggles-to-attract-large-investors

🇮🇹 The economic development office of her nation was renamed the ‘‘Industry and Made in Italy Ministry‘‘ on Giorgia Meloni`s first day in office.

🗞 Read more: https://finhub365.com/markets/20230606051613-europe-market-opens-jun-6

🪧 Half a million Poles gathered in Warsaw to protest the ruling Law & Justice party's democratic retreat, leading to EU criticism of the party's changes to the judiciary.

🗞 Read more: https://finhub365.com/markets/20230605052137-europe-market-opens-jun-5

🇺🇸 US debt limit agreement, market movements, currency exchange rates, economic indicators, and political developments highlighted on May 30

🗞 Read more: https://finhub365.com/markets/currencies/20230530064055-fx-daily-may-30

📽 Netflix has announced a crackdown on password sharing, charging an additional $7.99 per month for non-household account users and transferring their Netflix profile. This policy will initially result in fewer watchers, but many will return.

🗞 Read more: https://finhub365.com/markets/20230524110806-us-market-opens-may-24

💵 US Dollar gains, Kevin McCarthy optimistic on debt deal, US retail sales increase, Fed speakers, rising Treasury yields, currency movements.

🗞 Read more: https://finhub365.com/markets/currencies/20230517070627-fx-daily-may-17

🕹 Microsoft's $69 billion acquisition of Activision has been approved by the EU, giving it a boost. The UK veto is a challenge, but Microsoft has until May 24 to file an appeal. Japan has already given its approval, while the US Federal Trade Commission's case is still unresolved. Microsoft intends to challenge the CMA's ruling.

🕹 Read more: https://finhub365.com/markets/20230516082808-us-daily-recap-may-15

🇹🇷 Turkish President Recep Tayyip Erdogan is facing Kemal Kilicdaroglu in a runoff election on May 28 with a lead of more than 2 million votes. Kilicdaroglu has the support of the country's largest-ever coalition of opposition parties and his People's Alliance is in a position to keep its majority.

🗞 Read more: https://finhub365.com/markets/20230515052350-europe-market-opens-may-15

🇮🇹 Italy is withdrawing from its participation in China's Belt and Road Initiative, which will continue automatically in 2024 unless Rome decides to withdraw actively.

🗞 Read more: https://finhub365.com/markets/20230510053903-europe-market-opens-may-10

💰 Wall Street uneven as central bank meetings and US labor market data analyzed. Market optimistic, but upcoming US inflation data critical to monitor.

🗞 Read more: https://finhub365.com/markets/currencies/20230509074338-fx-daily-may-9

🛢 Conflicting strategic interests and decreasing ice are reshaping the Arctic, putting the status quo over who controls it in peril. Russia's invasion of Ukraine complicates the race, and Russia may soon become the only nation that borders the North Pole that is not a member of NATO.

🛢 Read more: https://finhub365.com/markets/20230505055114-europe-market-opens-may-5

🍻 Anheuser-Busch InBev beats profit forecasts with a Q1 core profit of $4.76bn, boosted by pricing actions and premiumization in a resilient beer industry.

🗞 Read more: https://finhub365.com/markets/stocks/20230504094833-anheuser-busch-inbev-posts-strong-q1-results-despite-inflationary-pressures

Abu Hussein al-Qurashi, the ISIS leader, was killed in a raid by Turkish special forces in northwest Syria after he resisted being captured.

🗞 Read more: https://finhub365.com/politics/20230502134742-isis-leader-killed-himself-via-explosive-belt-after-turkish-raid

💳 Barclays beats expectations with a Q1 net profit of £1.78 billion, up 27% YoY, due to increased income from the consumer division and improved interest income.

📽 Warner Bros. CEO David Zaslav announced plans to release 16 films this year and 20 annually, and wants WBD's films to play in cinemas for a long time. WBD is set to launch its Max streaming service.

🗞 Read more: https://finhub365.com/markets/20230426111653-us-market-opens-apr-26

👜 Kering's sales for the first quarter of 2023 were €5.08 billion, far behind LVMH's 17% rise and Hermes' 23% growth. Kering is focusing on shifting Gucci upmarket by building salons for the ultra-rich. Bottega Veneta's sales remained unchanged and Balenciaga's sales suffered a 9% fall. Yves Saint Laurent recorded 8% growth.

🗞 Read more:https: //finhub365.com/markets/20230426062007-europe-market-opens-apr-26

🇷🇺 Defense and intelligence leaders from Turkey, Syria, Russia, and Iran meet in Moscow to discuss mending strained relations.

🗞 Read more: https://finhub365.com/markets/stocks/20230424140544-disney-begins-another-round-of-layoff

🪙 Get insights on major currency fluctuations, stock market outlook, and cryptocurrencies on April 24. German IFO sentiment poll and US National Activity Index in focus.

🗞 Read more: https://finhub365.com/markets/currencies/20230424100017-fx-daily-apr-24