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Financial News Around the World

Defense stocks drop after Trump says Pentagon spending could be halved

Shares of Northrop Grumman and Lockheed Martin were under pressure after President Donald Trump raised the idea of large cuts to defense spending.

Published 13 February 2025
Categorised as Finance News

Stocks making the biggest moves midday: Hanesbrands, Reddit, Nvidia, AppLovin and more

These are the stocks posting the largest moves in midday trading.

Published 13 February 2025
Categorised as Finance News

Stocks making the biggest moves midday: Hanesbrands, Reddit, Nvidia, Applovin and more

These are the stocks posting the largest moves in midday trading.

Published 13 February 2025
Categorised as Finance News

Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

Published 13 February 2025
Categorised as Finance News

Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.

Published 13 February 2025
Categorised as Finance News

Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.

Published 13 February 2025
Categorised as Finance News

Wholesale prices rose 0.4% in January, more than expected

The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.

Published 13 February 2025
Categorised as Finance News

Barclays shares sink 6% despite fourth-quarter profit hike as 2025 guidance fails to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

Published 13 February 2025
Categorised as Finance News

Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

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