European stocks rise, boosted by sharp slowdown in U.K. inflation
European stock markets rose Wednesday, with the FTSE 100 index leading the way as cooling U.K. inflation adding to mounting…
Oil inches higher as traders monitor Red Sea tensions
(Reuters) – Oil rose slightly on Wednesday as investors kept an eye on the situation in the Red Sea after…
Diageo faces fight to regain investor confidence as Mexican sales slow
(Reuters) -Diageo faces a battle to win back some investors’ trust following last month’s profit warning as the Johnnie Walker…
Austria’s RBI and Strabag in share deal to weaken Russia ties
(Reuters) – Austria’s Raiffeisen Bank International, one of the banks in Europe most exposed to Russia, said on Tuesday it…
US court slaps down stock buyback rule over SEC ‘defects’
(Reuters) – The U.S. Securities and Exchange Commission’s bid to force companies to disclose more details about their share buyback…
FedEx plunges 10% on Q2 miss & guidance cut
FedEx (NYSE:FDX) shares dropped nearly 10% in pre-market Wednesday after the company reported FQ2 results that missed analyst expectations. Q2…
Australian court fines Airbnb over misleading accommodation pricing
(Reuters) – The Australian Federal Court has ordered Airbnb to pay A$15 million ($10.1 million) in penalties and up to…
DHL Express US air hub workers reach tentative deal with Teamsters union
(Reuters) -The Teamsters union said on Tuesday it has reached a tentative agreement with about 1,100 DHL Express workers at…
Toyota’s Daihatsu to halt all vehicle shipments, in widening safety scandal
(Reuters) -Toyota Motor’s Daihatsu unit will halt shipments of all of its vehicles, Japan’s biggest automaker said on Wednesday, after…
Analysis-US and China remain top credit ratings to watch in 2024
(Reuters) – The U.S. and China on downgrade warnings, Turkey hoping for its first upgrade in a decade and Israel…