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[NEW:]Nikkei Falls 0.2%, Weighed Down by Pharmaceutical and Automotive Stocks
Japanese stocks were lower, dragged by falls in pharmaceutical and auto stocks, as concerns about borrowing costs continue.
[NEW:]1&1 reduces its full-year revenue forecast once more due to a sluggish beginning for its mobile network.
(Telecompaper) 1&1 has again slightly lowered its estimate for service revenues this year, to EUR 3.31 billion from a previous estimate of EUR 3.33 billion…
[NEW:]European gas prices approach year-high levels due to increased demand.
European natural-gas prices edged lower in early trade but still hovered around this year’s highs as cooler temperatures and softer wind drive demand.
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Sterling’s depreciation after the U.K. employment data should remain limited as the Bank of England is likely to stick to gradual interest rate cuts, Monex Europe said.
[NEW:]Research by Real Wireless indicates that internet-based TV results in higher emissions and has a negative effect on the environment.
A Net Zero Impact technology and spectrum demand Analysis led by Real Wireless as part of the Future of TV Distribution report launched by the Department for Digital, Culture, Media, and Sport (DCMS) last week has revealed that internet-based TV delivery produces higher emissions due to the energy status of distribution infrastructure, including data centres, modems, and … Read more
[NEW:]The Outsider Aiming to Reestablish Citi’s Investment-Banking Prestige
Vis Raghavan, Citi’s new banking head, is setting his sights on the buyout kings.
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Pay for bankers and traders had been weighed down by higher interest rates and economic uncertainty.
[NEW:]Lessons Investors Can Learn About Big Pharma from the NFL Draft
AbbVie’s deal flop and NFL high-profile draft busts have a lot in common.
[NEW:]OPEC Reduces Demand Projection for the Fourth Consecutive Month
The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fourth consecutive month after further delaying its planned output hike amid market concerns over weaker global consumption and lower prices.