Primark owner Associated British Foods PLC (LSE:LON: ABF) says the clothing retail chain is now targeting "low-single digit" sales growth in 2025, down from the "mid-single digit" it had indicated at its final results in November.

Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.

The narrative of American exceptionalism supported a stronger US dollar. The euro-dollar exchange rate ended the year at 1.03, down 6.3 per cent for 2024. Sterling closed at 1.25, a smaller 1.8 per cent decline over the year but a notable drop from 1.34 in September.

OpenAI stated that The Stargate Project is a new company that will invest $500 billion to build AI infrastructure in the US.

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Photomochi Studio extends a heartfelt thank you to all the companies that entrusted them with the opportunity to cover their groundbreaking innovations at CES 2025. The team deeply appreciates the collaboration and support from these visionary brands, allowing them to showcase their achievements with a creative visual approach.

Persistent USD strength against JPY seen in Q4 '24 is easing. Hawkish speeches from BoJ officials coupled with a softer US core CPI print put an interim ceiling on USD strength against JPY.

US stocks surged on Wednesday after a closely watched inflation report showed an easing of underlying price pressures while quarterly results from the banking sector smashed expectations.

Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the market needs?

European markets are heading for a positive open Wednesday as traders await the latest U.S. inflation data that will inform the Federal Reserve's decision-making on interest rate cuts.

European markets gave up earlier gains to close lower Tuesday, as global investors assessed a cooler-than-expected U.S. producer price index. The pan-European Stoxx 600 index closed 0.08% lower as sectors turned mixed.

IQAX Limited's electronic bill of lading (eBL) solution has received approval from the International Group of P&I Clubs (IG P&I Clubs) for IQAX eBL interoperable addendum (version dated 6 December 2024).