Societe Generale downgrades Morgan Stanley due to rising deposit costs
Societe Generale (OTC:SCGLY) downgraded shares of Morgan Stanley (MS) to Hold from Buy, lowering the price target on the stock…
Amazon announces “record” Black Friday, Cyber Monday event amid deep discounts
Amazon’s extended Black Friday and Cyber Monday holiday promotional drive this year was its largest ever, the e-commerce giant announced…
3M, DuPont defeat massive class action over forever chemicals
(Reuters) – A U.S. appeals court on Monday handed 3M, Corteva (NYSE:CTVA) Inc subsidiary E.I. du Pont de Nemours and…
Stocks steady as dollar dithers ahead of US data
(Reuters) – Global stocks steadied on Tuesday, underpinned by the conviction among investors that the Federal Reserve will not raise…
Dollar around three-month low, set for biggest monthly fall in 2023
(Reuters) -The U.S. dollar hit a three-month low against a basket of peers on Tuesday before steadying, as traders continued…
Column-Funds slash bullish dollar bets in half: McGeever
(Reuters) – The rise in U.S. rate cut expectations for next year seems to have prompted hedge funds to cool…
China’s Shein files for US IPO in major test for investor appetite -sources
(Reuters) – Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar…
US Cyber Monday sales hit record $12.4 billion on big discounts – report
(Reuters) -Deep discounts on everything from beauty products and toys to electronics have enticed U.S. shoppers to splurge on Christmas…
UK competition watchdog flags Adobe’s proposed acquisition of Figma
The UK’s Competition and Markets Authority (CMA), led by Margot Daly, has provisionally identified potential risks associated with Adobe (NASDAQ:ADBE)’s…
General Motors GM cuts spending on self-driving Cruise brand
General Motors (NYSE:GM) announced Tuesday that the Detroit automaker is scaling back spending on its self-driving unit, Cruise following an…