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BAE Backs Guidance as Defense Spending Remains High

BAE Systems forecast core earnings to grow 11-13% this year as governments rush to secure military hardware in the face of escalating geopolitical tensions.

Thu May 9, 2024 09:35
Platinum Market Faces Largest Shortfall in Supply For a Decade

Primary supply of platinum, or the supply directly from producers, is expected to decline by 2% on-year to around 5.68 million troy ounces, while demand is expected to remain firm across all sectors, according to a new report by Johnson Matthey.

Thu May 9, 2024 09:05
Telefonica Confident as First Quarter Tops Hopes

Telefonica said it was on track to meet its 2024 targets after first-quarter results came in ahead of expectations.

Thu May 9, 2024 08:45
BBVA Launches $12.4 Billion Bid for Sabadell

The Spanish lender’s offer for its smaller peer is through an all-stock deal of one new BBVA share for every 4.83 Sabadell shares.

Thu May 9, 2024 08:45
Chinese Developer Likely to Default on State-Backed Bond

Country Garden Holdings said it is likely to default on a government-guaranteed local bond, as it continues to struggle with liquidity amid China’s property crisis.

Thu May 9, 2024 08:05
Five Best: Books on the Brain

Selected by James R. Doty, the author of ‘Mind Magic: The Neuroscience of Manifestation and How It Changes Everything.’

Thu May 9, 2024 07:35

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