Standard Chartered CEO says big U.S. recession unlikely
(Reuters) – Standard Chartered (OTC:SCBFF) Chief Executive Bill Winters said on Monday he sees a big recession in the United…
Airbnb Q1 preview: maintains course in Q1, with downside risk in second half of 2023
Evercore ISI maintained Airbnb (NASDAQ:ABNB) at Outperform ahead of the company’s upcoming quarterly report with $160 Price Target on the…
Oil climbs as recession fears begin to fade
(Reuters) -Oil rose on Monday as easing U.S. recession fears shifted market focus to tightening supplies, offering support after crude…
Dollar under pressure as traders await U.S. loans data
(Reuters) – The dollar began the week under pressure on Monday, with traders betting it might have peaked along with…
Chinese automaker BYD to make EVs in Vietnam
(Reuters) – Chinese automaker BYD Co (OTC:BYDDF). plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to…
Toyota suspends sales of Yaris model after safety test problem
(Reuters) -Japanese carmaker Toyota Motor (NYSE:TM) Corp has stopped sales of its Yaris Ativ, a senior official said on Monday, after its…
Australia stocks higher at close of trade; S&P/ASX 200 up 0.78%
Australia stocks were higher after the close on Monday, as gains in the Energy, Resources and Materials sectors led shares higher. At the close in…
Japan stocks lower at close of trade; Nikkei 225 down 0.68%
Japan stocks were lower after the close on Monday, as losses in the Real Estate, Finance & Investment and Food sectors led shares lower. At…
Qualcomm to acquire Israeli auto-chip maker Autotalks
(Reuters) – Chip designer Qualcomm (NASDAQ:QCOM) Inc said on Monday it would buy Israel’s Autotalks Ltd that makes chips used…
Siemens, SAP say EU draft Data Act puts trade secrets at risk
(Reuters) – German business software maker SAP and German engineering company Siemens have joined U.S. tech giants in criticising draft…