The Federal Trade Commission (FTC) has filed a notice to appeal the court ruling permitting Microsoft's acquisition of Activision Blizzard. However, with time running out, it seems unlikely that the regulator will be able to halt the deal. The FTC submitted the filing late on Wednesday following a judge's decision earlier in the week that determined the merger would not … [Read more...] about Federal Trade Commission Appeals Microsoft’s Acquisition of Activision Blizzard
Forex News
Spotify’s Path to Success in the Music Streaming Industry
On April 3, Swedish streaming music service Spotify is set to debut on the New York Stock Exchange under the ticker "SPOT". However, unlike traditional IPOs, Spotify won't be raising any new capital through this offering. Investors are curious about the prospects of the company and whether it can effectively tackle the challenge of balancing revenue and royalties that continues … [Read more...] about Spotify’s Path to Success in the Music Streaming Industry
Charles Schwab Boosting Business with Wealthy Clients
Charles Schwab (ticker: SCHW) is taking steps to enhance its services and attract more wealthy clients. With a focus on providing personalized financial advice and a wider range of benefits, the company aims to differentiate itself in this lucrative and rapidly expanding market. Head of Investor Services at Charles Schwab, Jonathan Craig, explains that these changes are aligned … [Read more...] about Charles Schwab Boosting Business with Wealthy Clients
Singapore’s Non-Oil Domestic Exports Continue to Decline
Singapore's non-oil domestic exports have experienced a continuous decline for the ninth month in a row, as both electronics and non-electronics shipments decreased in the majority of its top 10 markets. According to Enterprise Singapore, non-oil domestic exports from the Southeast Asian trading hub contracted by 15.5% in June compared to the same period last year. In May, … [Read more...] about Singapore’s Non-Oil Domestic Exports Continue to Decline
Anglo American Platinum Expects Sharp Decline in Earnings for First Half of 2022
Anglo American Platinum, a South African precious-metals company, announced today that it anticipates a significant drop in both basic earnings and headline earnings for the first half of this year. The company attributes the decline to lower palladium prices impacting revenue, a weakened exchange rate, and a decrease in sales. According to their projections, Anglo American … [Read more...] about Anglo American Platinum Expects Sharp Decline in Earnings for First Half of 2022
