Overview

Dashboard News

swiss steel faces supplier pressure as financial troubles deepen

Swiss Steel faces escalating challenges as suppliers demand advance payments amid a plummeting share price, which has fallen 11% to below CHF 2, resulting in a loss of CHF 450 million in value since April. The management's misjudgment of market conditions and a delayed job cut announcement have exacerbated the situation, leading to increased pressure from banks and major shareholders. CEO Frank Koch's position is precarious as the company struggles with overcapacity and dwindling confidence.
Tippinpoint.ch
Swiss Franc Swiss Steel Holding AG CHE Anina Berger Frank Koch Beat Schmid Martin Haefner Martin Lindqvist Show more
Finance & Economy, News Article
06:41 27.11.2024

Exide Industries shares rise as stake in EV battery unit increases

Exide Industries shares rose over 3% on November 27 after the company increased its stake in Exide Energy Solutions Ltd (EESL) through a Rs 100-crore investment, raising its total stake to Rs 3,052 crore. This funding will enhance operations in advanced battery cell production for electric vehicles and support EESL’s new battery manufacturing plant in Bengaluru.
Moneycontrol
Indian Rupee Exide Energy Solutions Ltd. Exide Industries Limited IND
Finance & Economy, Market Report
06:28 27.11.2024

SBI Mutual Fund appoints Nand Kishore as new CEO and managing director

SBI Mutual Fund has appointed Nand Kishore as its new managing director and CEO, succeeding Shamsher Singh, who returns to the State Bank of India. Kishore, with over 34 years of experience at SBI, has held various key positions, including deputy managing director. SBI Mutual Fund, a joint venture with Amundi, is India's largest fund house, managing assets worth Rs 11 lakh crore as of October.
Moneycontrol
Indian Rupee State Bank of India SBI Funds Management Ltd. Amundi IND Shamsher Singh Show more
Finance & Economy, Press Release
06:28 27.11.2024

hadowfax selects lead bankers for anticipated 2025 ipo

Logistics startup Shadowfax has appointed JM Financial, Morgan Stanley, and ICICI Securities as lead bankers for its anticipated IPO, set for the second half of 2025. The offering is expected to raise around Rs 2,500 crore (approximately $295 million), with a potential range of Rs 2,000 crore to Rs 3,000 crore depending on market response. Following a recent Rs 400 crore funding round, Shadowfax is valued at Rs 6,000 crore ($705 million) and aims for a premium valuation at its public debut.
Moneycontrol
Morgan Stanley ICICI Securities Limited JM Financial Limited IND Praharsh Chandra Vaibhav Khandelwal Gaurav Jaithliya Abhishek Bansal Show more
Finance & Economy, Market Report
06:21 27.11.2024

defence and shipbuilding stocks rise as investor interest rebounds

Defence and shipbuilding stocks have surged up to 5% following a bullish call from JPMorgan, which highlighted attractive buying opportunities in the sector. Bharat Dynamics and BEL saw increases of 5% and over 2%, respectively, while HAL rose nearly 2%. The Nifty India Defence index has gained close to 5% in the past month, with notable double-digit increases for MTAR Tech (+18%), DCX India (+10%), and Paras Defence (+11%).
Moneycontrol
Indian Rupee Cochin Shipyard Limited DCX India HAL BEL Mazagon Dock Shipbuilders Limited GRSE Bharat Dynamics Limited MTAR Technologies Limited Paras Defence IND Show more
Finance & Economy, Market Report
06:18 27.11.2024

OpenAI secures 1.5 billion investment from SoftBank in employee share tender offer

OpenAI has secured a $1.5 billion investment from SoftBank, enabling employees to sell shares in a tender offer. This move allows current and former employees to cash out while SoftBank increases its stake in the AI startup, which has seen its valuation soar to $157 billion since launching ChatGPT. The tender offer is open until December 24 for eligible employees, reflecting a shift in OpenAI's approach to liquidity amid a competitive AI landscape.
CNBC
United States Dollar QUALCOMM Incorporated NVIDIA Corporation Microsoft Corporation Google Inc. Alibaba Databricks SoftBank Corp. KOR Geoff Lewis Masayoshi Son Sam Altman Show more
Finance & Economy, News Article
06:15 27.11.2024

trump's trade threats prompt strategic responses from canada and mexico

Trump's recent trade threats have prompted Mexico to deploy 6,000 troops to its southern border and revive the "remain in Mexico" policy. Canada, seeking to mitigate tensions, has engaged in talks emphasizing the economic risks of disrupted relations, while Prime Minister Trudeau hinted at a potential separate trade deal with the U.S. Economists warn that universal tariffs could lead to increased domestic prices and economic stagnation, although Trump's economic advisers suggest a more measured approach to tariffs, viewing them as tools for negotiation rather than immediate action.
POLITICO
United States Dollar Canadian Dollar Mexican Peso Fox News USA CAN MEX Justin Trudeau Donald Trump Robert Lighthizer Meredith Lee Hill Mickey Djuric Show more
Finance & Economy, News Article
06:15 27.11.2024

Tamil Nadu offers land to Foxconn for battery energy storage unit

Tamil Nadu has offered Foxconn approximately 200 acres of land for a proposed battery energy storage system (BESS) unit, which would be the company's second facility globally. The state is also providing an incentive package to attract the world's largest contract manufacturer of electronics, as discussions are nearing completion. This initiative aligns with Foxconn's strategy to diversify beyond smartphone manufacturing, focusing on electric vehicles and battery production.
Moneycontrol
Foxconn TWN Young Liu
Technology & Innovation, News Article
06:14 27.11.2024

Cummins India reports strong domestic growth amid improving export performance

Cummins India is experiencing robust growth in the domestic market, driven by industrial expansion and increased capital expenditure. The company anticipates double-digit revenue growth for the current fiscal year, with the power generation segment showing an impressive 84.4% year-on-year increase. While exports are gradually improving, particularly in Latin America and Europe, the stock is valued reasonably at 46 times estimated FY26 earnings.
Moneycontrol
Euro Indian Rupee Cummins Inc. IND
Finance & Economy, Market Report
06:10 27.11.2024

healthcare market trends drive innovation in infection control and antibiotic resistance

The global healthcare market is undergoing significant transformation driven by rising antibiotic resistance and the urgent need for effective infection control measures. With healthcare-associated infections affecting millions and the aging population increasing demand for advanced solutions, the infection control market is poised for substantial growth. Technological innovations and heightened awareness of hygiene practices are further shaping strategies to combat these challenges, emphasizing the importance of education and proactive measures in public health.
evrimagaci.org
United States Dollar DelveInsight World Health Organization The Business Research Company USA Show more
Healthcare, Market Report
06:07 27.11.2024
Trending
Subcategory:
Cryptocurrency Markets Stock Market Updates Cryptocurrency & Blockchain Regulations Cryptocurrency Trends Central Bank Actions Market Sentiment Analysis Banking & Investment Regulations Employment Reports Banking Regulations Corporate Responsibility & ESG Anti-Money Laundering (AML) Regulations Inflation Rates & CPI Data Blockchain Technology Adoption Hedge Funds & Private Equity Cryptocurrency Regulations Tokenomics and Crypto Economics Decentralized Finance (DeFi) Innovations Mergers & Acquisitions Emerging Startups Cryptocurrency Developments
Countries:
USA GBR CHE DEU RUS IND CHN CAN ARE FRA JPN SGP ESP TWN MYS BRA LUX KEN THA AUS
Companies:
Coinbase Global, Inc. Apple Inc. NVIDIA Corporation Solana USD Tesla, Inc. Ethereum USD Chainlink USD Bitwise Bitcoin ETF Fidelity Contrafund UBS Group AG BlackRock, Inc. MicroStrategy Inc Delta Air Lines, Inc. Kraken Energy Corp. Ripple USD USD Ripples USD Microsoft Corporation Standard Chartered PLC Novartis AG Bank of America Corporation
Currencies:
United States Dollar Euro Swiss Franc British Pound Sterling Japanese Yen Indian Rupee Swedish Krona Chinese Yuan Canadian Dollar Singapore Dollar South Korean Won New Taiwan Dollar Thai Baht Philippine Peso Russian Ruble
People:
Donald Trump Elon Musk Cynthia Lummis Gary Gensler Joe Biden Ali Martinez Paul Atkins Brad Garlinghouse Bill Hughes Sr Tim Scott Matt Hougan Jerome Powell Bernie Moreno Elizabeth Warren Laurent Marochini Margaret Harwood-jones Keith Ammon James Howells Jimmy Carter Dave McCormick

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings