Inditex appoints new chief financial officer
Inditex on Friday announced a new chief financial officer and chief sustainability officer in a top management reshuffle, without detailing…
Virgin Galactic Stock Skyrockets on Results, Flight Plans
Virgin Galactic results and plans for future flights sent shares of the space tourism firm soaring 35% Friday. The company…
Trump Says US to Set Tariff Rates for Other Nations in Weeks
Supply Lines is a daily newsletter that tracks global trade. Sign up here. President Donald Trump said he would set…
Resurgence of ‘America First’ Trade Forges New Equities Leader
An unlikely cohort has climbed to the top of the S&P 500 Index’s leaderboard, powered by a resurgence of the…
Microsoft offers to price Office without Teams cheaper to end antitrust probe
-Microsoft has offered to sell its Office product without Teams at a lower price than Office with Teams, as well…
Gold Declines as Traders Book Profits on US-China Trade Optimism
Gold (GC=F) fell to extend its weekly loss, as investors booked profits after tensions eased between the US and China…
Oil Falls After Spiking on Iran-US Nuclear Deal Uncertainty
Oil fell after a short-lived spike as Tehran cast fresh doubts about the status of US-Iran nuclear talks. Brent traded…
Exclusive-Musk took leased cars back so Tesla could use them as “robotaxis.” Instead, Tesla sold them
Tesla last November ended an unusual policy that prohibited U.S. leasing customers from buying their cars at lease-end. The policy…
Xiaomi’s new EV orders slump in China as consumer backlash grows
-China’s Xiaomi is seeing a slump in new orders for its SU7 electric sedan, analysts said on Wednesday, as the…
Deutsche Telekom first-quarter profit slightly above expectations
Deutsche Telekom reported first-quarter core profit slightly above analyst expectations on Thursday and nudged up its full-year guidance, helped in…