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Home > Latest

Lates News

date
14/05/2025
Sony's stock price continued to rise, increasing by 3.6% at one point.
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UBS: Technology stocks look very attractive and may continue to rise further.
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UBS chief investment officer Mark Haefele said in a report that technology stocks are expected to continue rising after the recent US-China trade agreement. He said, "We believe that if tariff news continues to improve, technology stocks should continue to rebound, supported by strong profit growth of 12% or more. Stocks related to artificial intelligence may provide good returns, making these stocks attractive."
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According to reports, British luxury brand Burberry plans to cut about 20% of its workforce. The report states that Burberry plans to lay off 1,700 people to reduce costs, which represents about one-fifth of its global workforce. This will mainly affect office positions, and the night shift at Burberry's trench coat factory in Castleford, England, will be canceled due to an increase in extra shifts resulting in "overproduction."
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Burberry's fourth-quarter sales fell by 6%, leading to plans to cut approximately 20% of staff.
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China Eastern Airlines: Kunyao Group has completed the reduction of 0.13% of the company's shares.
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