European stocks edge higher; inflation data in focus ahead of Fed meeting
European stock markets traded with small gains Monday as investors digested regional inflation data, ahead of several central bank meetings,…
UAW’s record deal could boost others’ wages as labor notches another victory
(Reuters) – The tentative agreement reached between the United Auto Workers and two of the Detroit Three automakers marks another…
Why is Siemens Energy seeking $16 billion state guarantees?
(Reuters) – Talks between the German government and Siemens Energy to strike a deal over around 15 billion euros ($15.9…
Santander readies sale of bad assets worth 5 billion euros- Cinco Dias
(Reuters) – Spain’s Santander (BME:SAN) is planning to sell toxic real estate assets with a nominal value of up to…
Marelli plant closure forewarns painful electric vehicle transition
(Reuters) – Around 230 workers in Italy’s “Motor Valley” have begun striking over the planned closure of their auto parts…
Tech giants drive AI investments, auto industry faces labor issues
Wall Street is bracing for a busy week filled with key events such as the Federal Reserve’s interest rate decision,…
Ryanair threatens to cancel Boeing orders amid persistent delivery delays
Ryanair’s (NASDAQ:RYAAY) CEO, Michael O’Leary, has publicly criticized Boeing (NYSE:BA) due to ongoing delays in delivering its flagship 737 Max…
Panasonic cuts battery unit’s profit outlook, warns on high-end EV sales
(Reuters) – Panasonic Holdings, which supplies Tesla (NASDAQ:TSLA), said on Monday it had cut automotive battery production in Japan in…
European shares rise on healthcare boost, retreating bond yields
(Reuters) – European shares recovered in early trading on Monday, boosted by healthcare stocks, as bond yields declined with investors…
HSBC launches $3 billion buyback, profit disappoints on rising costs
(Reuters) – HSBC announced on Monday a fresh $3 billion share buyback, and a more than doubling of third-quarter profit…