Actualités Forex

GM To Build New $3.5 Bln EV Battery Plant With Samsung SDI

Auto major General Motors has signed a deal with South Korean EV battery maker Samsung SDI to establish a joint venture to build a $3.5 billion plant to supply electric vehicle or EV batteries in the United States. The new battery cell manufacturing plant with an annual production capacity of 27GWh initially, is targeting mass production in 2027.
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CVS Offers Updated 2024-2025 COVID-19 And Flu Vaccines

CVS Offers Updated 2024-2025 COVID-19 And Flu Vaccines

CVS Health Corp. announced Wednesday the availability of updated 2024-2025 COVID-19 vaccines and flu vaccines at CVS Pharmacy and MinuteClinic locations across the United States. The U.S. Food and Drug Administration recently approved and granted emergency use authorization or EUA for updated Covid vaccines (2024-2025 formula) from Pfizer Inc. and ModernaTX Inc. for use against currently...
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Bay Street Seen Opening On Slightly Volatile Note

Bay Street Seen Opening On Slightly Volatile Note

Canadian shares may open on a volatile note Wednesday morning, with investors reacting to quarterly results from Royal Bank of Canada and the National Bank of Canada, and weak commodity prices.
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Eurozone Private Sector Credit Growth Rises In July

Eurozone Private Sector Credit Growth Rises In July

Eurozone private sector credit increased in July but the pace of growth remained weak as high interest rate continued to weigh on borrowing, official data revealed on Wednesday. Adjusted loans to the private sector expanded 1.3 percent from a year ago in July, faster than the 1.1 percent rise in June, the European Central Bank reported.
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French Consumer Confidence Strongest Since Early 2022

French Consumer Confidence Strongest Since Early 2022

French consumer confidence improved in August to the highest point since the start of the war in Ukraine, survey results published by the statistical office INSEE showed on Wednesday. The consumer confidence index rose to 92 in August, in line with forecast, from 91 in July. This was the highest since February 2022. Nonetheless, the score remained below its long-term average.
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DAX Extends Gains As Investors Eye Nvidia's Q2 Results

DAX Extends Gains As Investors Eye Nvidia's Q2 Results

German stocks traded higher on Wednesday as investors eagerly awaited earnings from market darling Nvidia, which could affect shares of artificial intelligence and other prominent technology stocks.
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Asian Shares Mixed Before Nvidia Earnings

Asian Shares Mixed Before Nvidia Earnings

Asian stocks ended mixed on Wednesday as investors eagerly awaited earnings from market darling Nvidia, which could affect shares of artificial intelligence and other prominent technology stocks.
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Meta To Shut Down Augmented Reality Studio Meta Spark

Meta To Shut Down Augmented Reality Studio Meta Spark

Meta Platforms Inc. announced its decision to shut down augmented reality or AR studio Meta Spark platform, effective January 14, 2025. According to the social media giant, the decision to shut down Meta Spark's platform of third party tools and content is part of its larger efforts to prioritize investments in other areas and products. However, the first-party AR effects that are created...
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