(Analysis) Intel has just scored a major victory in its long-running battle with the European Union (EU). The EU’s Court of Justice recently ruled in favor of Intel, throwing out a hefty €1.06 billion ($1.14 billion) fine that had been imposed back in 2009. This fine was based on claims that Intel used unfair tactics […]
Related Posts
Ibovespa Starts Week Lower, Blue Chips Weigh Down
The Ibovespa (IBOV) experienced a downturn at the start of the week, declining by 0.65% to 128,340.54 points, mainly due to the slump in blue-chip stocks. This movement comes as market participants await insights from Federal Reserve Chair Jerome Powell, who is scheduled to speak to the US Congress. Anticipated remarks may offer clues on […]
Mixed Outcomes in European Stocks; Bayer Faces Investor Setback
Tuesday saw varied performances across European stock markets, with all eyes on the European Central Bank’s (ECB) upcoming decision. With inflation goals yet to be met, interest rates are likely to stay put. Bayer’s decision to halt its unit separation plan led to a sharp decline in its stock value, leaving investors wanting. The FTSE […]
Friday’s Morning Call: Focus on Brazil’s Inflation Data
This Friday, May 10, the release of Brazil’s official April inflation figures, the IPCA, takes center stage. These are not mere numbers; they are critical indicators poised to influence the nation’s monetary policy in upcoming months. Following closely after a divisive Monetary Policy Committee (COPOM) session this past Wednesday, the timing of this data release […]