SK hynix pauses flotation review
SK hynix said on Friday, October 23, that it had decided to suspend its review of a potential US initial public offering for Solidigm, according to Yonhap News Agency.
L’Oréal points to GLP-1 impact
L’Oréal says the use of GLP-1 drugs is affecting sales of beauty and skincare products. The BBC reported that the company’s chief executive described use of the drugs as a significant phenomenon for the business.
Wall Street closes mostly lower
Wall Street finished mostly lower, with technology shares declining, RTP Notícias reported. The outlet attributed the technology sector’s fall to renewed concerns about debt levels among artificial intelligence companies and also reported an increase in oil prices.