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KKCG Maritime Has Taken the Ferretti Shareholders’ Meeting to Court

KKCG Maritime, owned by Czech businessman Karel Komárek, is continuing its efforts to challenge the shareholders’ meeting of Italian luxury yacht manufacturer Ferretti held...
Stock

US stocks close mixed as tech gains and dollar weakens

US stocks entered the new week mostly higher after Friday’s sharp sell-off. Investors used lower prices as an opportunity to buy, especially in the...
Dollar

Dollar Strengthens on Safe-Haven Demand and Expectations of Higher Rates

The US dollar is gaining ground. It is benefiting from demand for safe-haven assets, supported by escalating tensions in the Middle East. Expectations that...
Close-up of a microchip on a blue circuit board with glowing orange indicators and the text 'DIGITAL product passport'.

European Passports Reportedly Contain Components Linked to Chinese Investors Under U.S. Restrictions

French company Linxens, which supplies electronic components for biometric passports and identity documents used by European countries, is owned by an investor group led...
subscription

Meta to Offer Subscriptions for Facebook, Instagram, and WhatsApp

The American technology company Meta Platforms will offer subscriptions for its Facebook, Instagram, and WhatsApp apps. It is seeking to reduce its reliance on...
Stocks

European Stocks Erase Losses After Attack on Iran, STOXX 600 Hits Highest Level Since...

European stocks closed at their highest level since the end of February today. They erased the losses recorded since the start of the war...
AI

Chipmaker AMD to Invest $10 Billion in Taiwan to Boost AI Production

U.S. semiconductor manufacturer AMD (Advanced Micro Devices) plans to invest more than $10 billion (CZK 208.8 billion) in Taiwan to expand existing partnerships and...
Stock

U.S. Stocks Closed Mixed as Uncertainty Around the Middle East War Persists

U.S. stocks closed mixed as uncertainty continued to weigh on the market over the development of the conflict in the Middle East and its...
Poland

Allegro Boosts Adjusted Profit by 24 Percent in the Quarter and Improves Outlook

Allegro, Poland’s largest online retailer, increased its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 23.6 percent year-over-year to 931.8 million zlotys...
Stock

US Stocks Open the New Week Slightly Higher, Dollar Edges Up

US stocks rose slightly at the beginning of the new week, but the pace of gains slowed. Investors are gradually losing some of their...

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