Dow futures retreat; corporate earnings still in spotlight

U.S. stock futures weakened Tuesday, handing back some of the previous session’s strong gains as investors awaited the release of…

SoftBank reports mixed quarter, says ‘timidly’ restarting investment

(Reuters) – Japan’s SoftBank Group posted a surprise loss but said it was dipping its toes back into new investments…

Carlyle Group stake buy values Quest Global at $2 billion, sources say

(Reuters) -U.S. private equity firm Carlyle Group (NASDAQ:CG) has agreed to purchase a minority stake in Quest Global Services that…

Meta Platforms seeks to stop privacy breach fine in Norway -court filing

(Reuters) – Meta Platforms is asking a court in Norway to stop a fine the Nordic country’s data regulator imposed…

Some global investors skip Ant’s buyback after valuation slumps 70% – Bloomberg News

(Reuters) – A number of global investors are opting out of Ant Group’s proposed share buyback after the Chinese fintech’s…

Italy hits banks with 40% windfall tax for 2023

(Reuters) -Italy has approved a one-off 40% tax on profits banks reap from higher interest rates and it plans to…

German airport operator Fraport sees earnings boost on high travel demand

(Reuters) -Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper half of its forecast…

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.70%

Saudi Arabia stocks were lower after the close on Monday, as losses in the Hotels & Tourism, Media & Publishing…

Upstart sinks after Morgan Stanley says ‘fade’ stock ahead of results

Investors should sell the low-quality rally in shares of Upstart Holdings (NASDAQ:UPST), said analysts at a top tier Wall Street…

Tesla appoints Vaibhav Taneja as new CFO

Electric vehicle giant Tesla (NASDAQ:TSLA) said in a filing Monday that it has appointed Vaibhav Taneja as its new Chief…