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Norway stocks higher at close of trade; Oslo OBX up 0.16%

Norway stocks higher at close of trade; Oslo OBX up 0.16%

Investing.com – Norway stocks were higher after the close on Friday, as gains in the Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities sectors led shares higher.At the close in Oslo, the Oslo OBX added 0.16%.The best performers of the session on the Oslo OBX were Frontline Ltd (OL:FRO), which rose 2.71% or 4.80 points to trade at 182.25 at the close. Meanwhi ...

2025-05-24 00:24:32
Canada’s TD Bank to lay off 2% of workforce in restructuring

Canada’s TD Bank to lay off 2% of workforce in restructuring

By Nivedita Balu, Arasu Kannagi Basil (Reuters) -TD Bank on Thursday said it would lay off 2% of its workforce to cut costs and scale up its digital and AI investments, as the bank restructures following its historic anti-money laundering settlement under new CEO Ray Chun. The layoff involving some 2,000 employees is part of a new restructuring program that will help TD save up to C$650 million ($ ...

2025-05-24 00:21:27
Reaction to Trump’s threat of 50% tariffs on EU goods

Reaction to Trump’s threat of 50% tariffs on EU goods

LONDON (Reuters) -U.S. President Donald Trump threatened once again on Friday to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1 and warning Apple (NASDAQ:AAPL) he may impose a 25% tariff on any iPhones manufactured outside the U.S.     Here is some reaction to the EU tariff news: VOLVO CARS CEO HAKAN SAMUELSSON IN AN INTERVIEW WITH REUT ...

2025-05-24 00:19:48
Wix.com raised at Baird as product becomes ’increasingly compelling’

Wix.com raised at Baird as product becomes ’increasingly compelling’

Investing.com -- Baird lifted its rating for shares of Wix (NASDAQ:WIX).com to Outperform in a note Friday, lowering its price target for the stock to $190 from $215 a share.The firm pointed to improvements to the company’s platform, more reasonable investor expectations, and favorable long-term fundamentals.“We are adopting a constructive stance on WIX because: 1) the product is becoming ...

2025-05-24 00:18:35