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BusinessOct 16JinkoSolar’s Jiangxi Jinko projects up to RMB4.41B adjusted lossJiangxi Jinko, a subsidiary of JinkoSolar, is projecting a significant adjusted loss. This indicates a challenging financial outlook for the company and potentially the solar industry.Seeking Alpha Tech
BusinessOct 16Putin seizes five more European firms, continuing Russia's hostile asset crackdownThe decree covers a flooring manufacturer, a paper packaging firm, a hygiene products maker, and two metal- and plastic-packaging companies, all of which continued operating in Russia after the all-out invasion of Ukraine in early 2022.EuroNews [en]
BusinessOct 16GraniteShares YieldBOOST NVDA ETF declares $0.0626 dividendGraniteShares YieldBOOST NVDA ETF has declared a dividend of $0.0626. This is a routine financial announcement for investors.Seeking Alpha Tech
BusinessOct 16GraniteShares YieldBOOST Semiconductor ETF declares $0.1499 dividendGraniteShares YieldBOOST Semiconductor ETF has declared a dividend of $0.1499. This is a routine financial announcement for investors.Seeking Alpha Tech
BusinessOct 16Arab News | Region need new trade routes , with or without Hormuz , UNDP Abdallah Al - Dardari tells Arab NewsA UNDP representative states that the Arab region needs new trade routes, with or without the Strait of Hormuz. This indicates a strategic economic shift for the region, potentially due to geopolitical factors.arabnews.com · Saudi Arabia
BusinessOct 16NTT Data Services International Sees 2025 Profit Slide by 49 . 4 % YOYNTT Data Services International is projected to see a 49.4% year-over-year profit slide in 2025. This significant financial downturn could affect the company's operations and market standing.zfenglish.com · Romania
BusinessOct 16Connaught Place protests hit businesses , some days see zero sales : People are afraid to come Protests in Connaught Place are negatively impacting local businesses, with some experiencing zero sales due to people's fear. This highlights the economic consequences of civil unrest on commerce.moneycontrol.com · India
BusinessOct 16Telcos face stiffer penalties for misleading customersTelecommunication companies will face stiffer penalties for misleading customers. This regulatory change aims to improve consumer protection and impact the operational practices of these companies.areanews.com.au · Australia
BusinessOct 16Oil Edges Higher In Cautious Trade As Dollar DipsOil prices have edged higher in cautious trading, influenced by a dipping dollar. This reflects ongoing dynamics in global commodity and currency markets.rttnews.com · United States
BusinessOct 16Regions Financial Non-GAAP EPS of $0.73 beats by $0.07, revenue of $1.99B misses by $10MRegions Financial reported its non-GAAP EPS, which exceeded expectations, while its revenue slightly missed projections. This indicates mixed financial performance for the company.Seeking Alpha Tech
BusinessOct 16Istat confirms inflation hit three-year high of 4.2% in SeptemberTrolley index rose by 1.5% says stats agencyANSA [en]
BusinessOct 16AM Markets Need to Know: Tesla unveils flying Roadster, chip stocks slide, and moreMorning market news highlights Tesla's announcement of a flying Roadster and a decline in chip stocks. This provides an overview of key market developments.Seeking Alpha Tech
BusinessOct 16M&T Bank GAAP EPS of $5.04 beats by $0.11, revenue of $2.55B beats by $30MM&T Bank reported GAAP EPS of $5.04, exceeding expectations by $0.11, and revenue of $2.55 billion, surpassing estimates by $30 million. This details the bank's financial performance.Seeking Alpha Tech
BusinessOct 16AI takes 83% of U.S. venture funding as Chamath questions revenue qualityArtificial intelligence reportedly accounts for 83% of US venture funding, prompting questions about the quality of revenue generated by these investments. This matters as it highlights a major trend in tech investment and potential concerns about market sustainability.Seeking Alpha Tech
BusinessOct 16Underground and illegal economy in Italy worth 218.2 billion in 2024 - IstatShare of GDP down to 9.9% from 10.2% in 2023ANSA [en]
BusinessOct 16Soma Gold arranges C$2.5M revolving credit facility from CEO Geoff HampsonSoma Gold has arranged a C$2.5 million revolving credit facility from its CEO, Geoff Hampson. This matters as it provides the company with additional financial liquidity and flexibility.Seeking Alpha Tech
BusinessOct 16China’s AI boom, self-sufficiency push fuel earnings surge for local chip firmsChinese chip and tech firms have flagged as much as six-fold growth in unaudited third-quarter profits, as huge demand for home-grown processors and artificial intelligence infrastructure filters through links in the supply chain amid the country’s push for self-reliance. Shanghai-listed Yuanjie Semiconductor Technology expected its quarterly net profit to land between 403 million yuan and 453 million yuan, up 579 per cent to 660 per cent from a year earlier. The maker of laser chips for optical...South China Morning Post
BusinessOct 16Fed’s Warsh sees AI boosting productivity but gives no signal on next rate hikeUS Federal Reserve Chairman Kevin Warsh said in Bangkok on Friday that the global economy has proved surprisingly resilient and called AI the most consequential change of his lifetime, but gave no hint on interest rates ahead of the Fed’s meeting this month.EuroNews [en]
BusinessOct 16Biggest stock movers Friday: TSLA, CNS, and moreSeeking Alpha Tech
BusinessOct 16China-North Korea border bridge may do little to spur trade, experts saySanctions and a North Korean leadership that prioritises security dim prospects for trade, analysts say.Al Jazeera [en]
BusinessOct 16Putin places assets of several more foreign companies, including flooring manufacturer Tarkett, under temporary managementPresident Vladimir Putin has placed the Russian assets of several European companies, including French flooring manufacturer Tarkett, under temporary management, naming Tsentr Kapital as the managing company.Meduza [en]
BusinessOct 16Florida and Texas are drowning in 'For Sale' signs, and Miami is deepestFlorida and Texas, particularly Miami, are experiencing a significant increase in real estate 'For Sale' signs. This suggests a notable shift or potential downturn in the housing markets of these states.Seeking Alpha Tech
BusinessOct 16Eurozone posts €16.1B trade deficit in AugustThe Eurozone recorded a trade deficit of €16.1 billion in August. This indicates a specific economic performance metric for the region during that month.Seeking Alpha Tech
BusinessOct 16Hyderabad airport bags National Energy Leader award for eighth consecutive yearHyderabad airport has received the National Energy Leader award for the eighth consecutive year. This achievement recognizes its sustained performance in energy management.The Hindu
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