12 گھنٹے پہلے
Trump sold up to US$31 million of Microsoft shares and trimmed Amazon, Meta and Alphabet stakes in July
US President Donald Trump disclosed heavy selling of major tech stocks in July, including Microsoft, Amazon and Meta. Microsoft accounted for the largest sales, with trades totaling up to US$31 million, while Amazon sales reached up to US$26 million. He also sold up to US$630,000 of Meta and up to US$365,000 of Alphabet, and recorded roughly US$1 million of Nvidia sales alongside a similar-sized purchase, according to filings released by the US Office of Government Ethics.
12 گھنٹے پہلے
12 گھنٹے پہلے
Five charts show how the Iran war reshaped the U.S. economy from Feb. 27 onward
After the United States and Israel went to war with Iran, average U.S. gasoline prices rose from just under $3 a gallon to about $4.50, while diesel jumped from $3.75 to a record $6.52. The surge has reignited inflation pressures and weighed on consumer sentiment. The share of respondents who said Donald Trump helped the economy fell to 26% in September from 35% in March.
12 گھنٹے پہلے
12 گھنٹے پہلے
Manchester United widens net loss to £43m in year to June 2026 despite record £678m revenue
Manchester United said its net loss widened to £43m from £33m for the year ending June 2026, marking a seventh straight annual deficit. Revenue edged up to a record £678m, but commercial income fell 5% to £317m after the club went without a training kit sponsor. The accounts also show £8.2m in exceptional charges tied largely to the sacking of manager Ruben Amorim, and £63.5m spent to buy land next to Old Trafford for a planned new stadium.
12 گھنٹے پہلے
13 گھنٹے پہلے
Manchester United posts £43m annual net loss as debt rises to £583m
Manchester United has reported an annual net loss of £43m, widening by £10m from the prior year, while total debt rose by £95m to £583m. The club said record revenue of £677.6m was supported by a £33.9m increase in broadcasting income, even as financial pressure persisted. It also attributed the loss largely to weaker broadcasting revenue and ticket sales linked to the absence of European competition.
13 گھنٹے پہلے
13 گھنٹے پہلے
Grab executives buy over $30 million in shares after stock hits $2.74, a more than three-year low
Grab executives bought more than $30 million worth of company shares this week after the stock slid to a more than three-year low of $2.74 following its deal to acquire buy-now-pay-later provider Atome Financial. The company also said it plans to buy back around $900 million shares over the next 12 months, but the September 15 announcements failed to lift the stock. Grab shares have tumbled 50% over the past year.
13 گھنٹے پہلے
13 گھنٹے پہلے
Michael Burry discloses a long position in Ero Copper as LME copper rises 18% this year
Investor Michael Burry has disclosed a long position tied to copper producer Ero Copper. Expectations for further gains in the metal have been bolstered by supply constraints, falling inventories and limited new mine discoveries. Copper on the London Metal Exchange has risen 18% so far this year, and global mined copper output could decline this year for the first time since 2017, according to Axis Securities.
13 گھنٹے پہلے
14 گھنٹے پہلے
Novo Nordisk maps out five blockbuster launches by 2030 as investors question post-Wegovy growth
Novo Nordisk has outlined a long-term strategy that includes launching five blockbuster drugs by 2030 and generating $23 billion in pipeline revenue by 2035 to offset potential sales erosion after Wegovy’s patent expiry. The plan hinges on a new wave of weight-loss tablets and improved combinations of diabetes and obesity treatments aimed at greater weight loss with fewer side effects. It also includes an expansion into areas such as blood and endocrine disorders. Investors remained unconvinced, sending the shares down 8% on Monday.
14 گھنٹے پہلے