VW’s Skoda Auto reports 61% rise in Q1 operating profit
(Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen (ETR:VOWG_p) group, lifted operating profit by 60.8% year-on-year to 542…
Snowflake’s stock could climb 20% – analysts
Shares of cloud-based data company Snowflake (NYSE:SNOW) gained Monday morning after the stock was upgraded from Hold to Buy at…
Exclusive-HSBC reaches deal to buy out China fund partner – sources
(Reuters) – HSBC has agreed to buy out its China fund management joint venture partner, two people familiar with the…
Volkswagen to name Bentley production chief as new Cariad head – sources
(Reuters) -Volkswagen will announce later on Monday the removal of the current leadership at its software unit Cariad, to be…
U.S. stock futures muted as inflation data looms large
U.S. stock futures were mixed on Monday, but remained largely subdued, as investors awaited the release of crucial inflation data…
Warren Buffett not taking over Occidental Petroleum, says ‘love the shares we have’
Shares of Occidental Petroleum (NYSE:OXY) are trading slightly lower in pre-market on Monday, following Warren Buffett’s comments over the weekend…
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…