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BERLIN (Reuters) -Germany's cabinet on Wednesday approved a package of measures to promote startups and improve access to capital markets, government sources said, though it was unclear if it could get green-lit by parliament before February elections. The so-called Second Financing for the Future Act is meant to boost anaemic economic growth, in particular by improving the tax framework for investments in venture capital. It includes measures to remove obstacles to investment in infrastructure and renewable energies and cut bureaucracy.

On Wednesday, Symbotic Inc (NASDAQ:SYM) announced a delay in filing its Annual Report on Form 10-K for the fiscal year ending September 28, 2024. The company cited the need for additional time to evaluate revenue recognition errors’ financial impacts and address related internal control weaknesses. The stock is down 31% in premarket trade. Also Read: Apple Faces Modest Growth As IDC Forecasts Smartphone Market Rebound These issues were initially identified in Symbotic’s recent earnings release.

Urban Outfitters shares jumped Wednesday morning after the company reported third-quarter results better than analysts had expected, thanks to rising sales across its non-Urban Outfitters brands.

French borrowing costs have soared and the country’s stock market has slumped, as investors take fright at political chaos and mounting debts.

News of the day for Nov. 27, 2024

The main US stock measures were pointing lower in Wednesday's premarket activity as traders await th

Cheche Group (CCG) has released an update. Cheche Group, a prominent auto insurance technology platform in China, reported a significant turnaround in its financial results for the third quarter of 2024, achieving a net income of RMB4.1 million compared to a net loss in the prior year. The company witnessed a notable increase in total written premiums and policy issuance, driven by strategic partnerships with new energy vehicle companies, which fueled its revenue growth. Additionally, Cheche’s s