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European markets edge higher in wake of ECB rate cut; Munich Re soars

Investing.com — European markets edged higher Friday as investors digested regional economic weakness in the wake of the European Central Bank’s latest…
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T-Mobile announces $14 billion buyback

(Reuters) -Telecom giant T-Mobile unveiled a $14 billion share buyback on Friday. The company in September had announced its plans to return…
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Trump’s deportations could shake up the restaurant industry, but Wall Street isn’t worried

By Waylon Cunningham (Reuters) – Sweeping deportations pledged by President-elect Donald Trump could pose an economic shock for the restaurant industry in…
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Broadcom rallies on forecast for booming AI chip demand

(Reuters) – Shares of Broadcom (NASDAQ:AVGO) soared 14% on Friday, with the chipmaker moving closer to $1 trillion in market value after…
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China’s credit growth slows despite stimulus efforts

In a surprising turn of events, China’s credit expansion in November did not meet expectations, signaling a weaker demand for financing despite…
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Nvidia denies rumours it will cut supplies to China

BEIJING (Reuters) – Nvidia (NASDAQ:NVDA) said recent social media posts alleging the company would cut supplies to China were false, according to…
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Parnassus Investments launches its first sustainable ETFs

By Suzanne McGee (Reuters) – Parnassus, one of the largest asset managers to offer products tied to environmental, social or governance considerations,…
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Fuel theft, violence siphoning $215 million from Ecuador oil industry

By Alexandra Valencia ESMERALDAS/SANTO DOMINGO, Ecuador (Reuters) – Organized crime groups in Ecuador are increasingly stealing fuel from state-run oil company Petroecuador…
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ServiceTitan Prices 8.8M Share IPO at $71/sh

ServiceTitan, Inc. (TTAN), the software platform that powers the trades, today announced the pricing of its initial public offering of 8,800,000 shares…
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US senators, green groups call for accountability over hacking of Exxon critics

By Raphael Satter and Christopher Bing WASHINGTON – Two Democratic senators and a host of environmental groups have called for investigations and…
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