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INSEE
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- 1
French economist Marc Touati is drawing attention amid fresh inflation data showing prices up 3% over the year, according to provisional Insee figures. Commentators are debating whether France could head towards 4% inflation, with concern that Middle East conflict and heatwaves could push up supermarket prices. Touati's assessments of the inflation trajectory are being widely circulated.
- 2Inseego completes acquisition of Nokia's Fixed Wireless Access business▼Inseego completes acquisition of Nokia’s Fixed Wireless Access business
Inseego has finalized its acquisition of Nokia's Fixed Wireless Access business, a deal that shifts a key portfolio of 5G broadband hardware and technology from the Finnish network giant to the US-based wireless equipment maker. The move is expected to strengthen Inseego's position in the fixed wireless access market, where demand for home and business broadband over cellular networks is growing as carriers expand 5G coverage.
- 3Inspired Entertainment shares fall on Brazil gambling ban▼Inspired Entertainment slides after Brazil's ban on online betting and gambling (INSE:NASDAQ)
Inspired Entertainment shares slid after Brazil moved to ban online betting and gambling. The drop hits a supplier of gaming technology to the betting industry, and investors are weighing how much of the company's revenue could be affected by losing access to one of the world's largest emerging gambling markets. Traders are watching for details on the scope of the restriction and any company response.
- 4
Shares of Inspired Entertainment (INSE) are falling sharply in trading today. The technology company, which supplies gaming and betting products, is seeing its stock drop notably, drawing attention from investors watching for the reason behind the sell-off. No specific cause, such as earnings news or a company announcement, has been confirmed in available reporting.