Accor plans to add more than 1,200 hotels
(Reuters) – Accor plans to open more than 1,200 hotels in the next five years, increasing the number of its…
Lordstown Motors files bankruptcy, sues Foxconn
(Reuters) – Lordstown Motors (NASDAQ:RIDE) filed for bankruptcy protection on Tuesday and put itself up for sale after the U.S.…
Nissan shareholders back board at first AGM since striking alliance deal
(Reuters) – Nissan Motor (TYO:7201) shareholders on Tuesday backed Chief Executive Makoto Uchida and other board nominees at its first…
Investors watch for quarter-end rebalancing in US stocks, bonds and options
(Reuters) – Investors are watching a large hedged-equity fund’s quarterly refresh of its options positions and quarter-end rebalancing by portfolio…
European shares rise as China optimism lifts miners
(Reuters) – European shares rose on Tuesday as miners gained after hopes of more policy support from China lifted metal…
Japan stocks lower at close of trade; Nikkei 225 down 0.49%
Japan stocks were lower after the close on Tuesday, as losses in the Power, Precision Instruments and Railway & Bus…
Volatile rouble recovers from 15-month low after aborted mutiny
(Reuters) – The rouble recovered from sinking to its lowest in nearly 15 months against the dollar on Monday, paring…
Meta Platforms stock target raised at UBS as GenAI potential still not priced in
UBS analysts raised the price target on Meta Platforms (NASDAQ:META) to $335 per share from the prior $300, while maintaining…
Amazon workers in Leipzig start 48-hour strike for higher wages
(Reuters) – Workers at Amazon (NASDAQ:AMZN)’s warehouses in Germany’s eastern city of Leipzig started a 48-hour strike on Monday to…
PacWest sells $3.5 billion loan portfolio to PE firm Ares
(Reuters) – PacWest Bancorp has sold a $3.5 billion specialty finance loan portfolio to Ares Management (NYSE:ARES), in an attempt…