The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the o
Amer Sports, the maker of the world-renowned Wilson tennis rackets, was on track to return to public markets in a tepid debut on Thursday after selling shares at a discounted price in its U.S. IPO for a valuation of $6.3 billion.
With Gaza largely cut off by Israel's war with Hamas, most of the population homeless and destitute, and with few new goods arriving in the Palestinian enclave, cobblers are busy repairing shoes for people unable to replace them.
Brazil is considering creating a credit line in yuan for farmers, Agriculture Minister Carlos Favaro told Reuters on Thursday, saying that it could be a next step after "successful" dollar-denominated lines.
Shares of Amer Sports were indicated to open flat to about 7.8% above their initial public offering (IPO) price on Thursday, marking a lukewarm reception for the company behind the world-famous Wilson tennis rackets.
A meeting that was scheduled to happen between Brazil's government, local airlines and state-run oil firm Petrobras on Thursday has been canceled, Mines and Energy Minister Alexandre Silveira said.
Canada's main stock index rose on Thursday boosted by materials stocks, while investors repriced their expectations of the first rate cut to May by the U.S. Federal Reserve.
Argentina's grains exports hit $1.25 billion in January, up 64% versus a year earlier, industry data showed on Thursday, a boost for new libertarian President Javier Milei who sharply devalued the peso currency after taking office in December.
Brazilian state-run oil company Petrobras lowered jet fuel prices to distributors by around 0.6% in some key marketing areas such as Guarulhos, Betim, Duque de Caxias and Paulinia, data on the firm's website showed on Thursday.
Ukraine's overall food exports totalled 7.7 million metric tons in January, down 0.3% from December, Ukraine's UCAB business association said on Thursday.
The second-hand market for airplanes is booming due to a chronic shortage that has persisted since the pandemic - and fears are growing that Boeing's latest crisis could tighten the squeeze in coming months.
Bayer CropScience, the Indian unit of German drug and pesticide maker Bayer AG, reported a 31% fall in quarterly profit on Thursday, hurt by sluggish demand for its crop-protection products.
Argentina raised prices for biodiesel and bioethanol, made from corn and sugar cane, which are mandatory for mixing with gasoline in the South American country, two resolutions published in the Official Gazette showed on Thursday.
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