Australia stocks higher at close of trade; S&P/ASX 200 up 0.52%

Australia stocks were higher after the close on Thursday, as gains in the IT, Metals & Mining and Materials sectors led shares higher. At the…

Toyota, partners to start selling electric micro-vans by March 2024

(Reuters) – Toyota Motor (NYSE:TM) Corp and two allied automakers unveiled a micro-sized electric van targeted at Japan’s delivery industry…

U.S. stocks are rising on optimism about debt ceiling talks

U.S. stocks were rising amid optimism on the debt ceiling negotiations as retailers continue to report first quarter earnings. At…

China’s Tencent marks return to revenue growth in first quarter

(Reuters) – China’s Tencent Holdings (OTC:TCEHY) Ltd marked a return to revenue growth in the first quarter as it recovered…

T.J. Maxx parent raises profit view as cost pressures ease

(Reuters) – TJX (NYSE:TJX) Cos Inc lifted its annual profit forecast on Wednesday, banking on easing cost pressures to cushion…

Subsidy cuts could derail Thyssenkrupp’s green steel project -labour bosses

(Reuters) – Thyssenkrupp’s (DE:TKAG) labour bosses cranked up the pressure on Berlin to help fund a 2 billion euro ($2.2…

Pfizer to raise $31 billion for Seagen takeover in largest debt offering

(Reuters) – Pfizer Inc is planning to raise $31 billion through its largest debt offering to finance its proposed acquisition…

William Blair expects lululemon athletica to beat Q1 expectations

William Blair analysts said the firm expects lululemon athletica (NASDAQ:LULU) to modestly beat first quarter guidance and consensus expectations when…

Airbnb has further margin upside, claims Bernstein

Bernstein analysts provided positive commentary on Airbnb (NASDAQ:ABNB) in a note Wednesday, despite the stock’s recent poor performance. They told…

Tesla to finally enter India, will build a local EV factory for domestic sales and export

Tesla (NASDAQ:TSLA) is looking to further expand its global footprint with a new EV factory in India, as reported by…