Bankrupt WeWork enters financing agreements with certain lenders
(Reuters) -WeWork said on Tuesday it had secured commitments for up to $682.5 million in debtor-in-possession financing from some of…
FAA approves Boeing to start 737 MAX 10 certification flight tests
(Reuters) – The Federal Aviation Administration has cleared Boeing (NYSE:BA) to begin certification flight testing of its 737 MAX 10,…
Boycott campaigns over Gaza war hit Western brands in some Arab countries
(Reuters) – Midway through a recent evening in Cairo, a worker cleaned tables in an empty McDonald’s restaurant. Branches of…
Energy stocks lag behind broader market rally
The general stock market has experienced a sharp rise, with the S&P 500 and Nasdaq climbing significantly. However, energy stocks…
Mizuho initiated coverage on Shoals Technologies with a Buy rating
Shoals Technologies Group, Inc. (NASDAQ:SHLS), a prominent player in the solar energy sector, has garnered a positive outlook from Mizuho,…
Volkswagen becomes the latest automaker to hike wages for U.S. factory workers
(Reuters) – Volkswagen (ETR:VOWG_p) said on Wednesday that it would hike salaries for production workers at its Tennessee-based Chattanooga assembly…
Citigroup to launch direct-lending initiative in $1.6 trillion private credit market
Citigroup Inc (NYSE:C). is set to expand its footprint in the lucrative private credit domain with a new direct-lending initiative…
Analysis-Britain’s growth bet on pension pots a long haul task
(Reuters) – Britain’s plans for nudging billions of pounds of pension cash into new UK companies to boost growth and…
German lawmaker proposes Bitcoin as legal tender, emphasizing privacy
In a notable development within the German parliament, Bundestag member Joana Cotar has put forward a pioneering proposal that could…
Goldman Sachs sees gains for China indexes in 2024, optimistic on A-shares
Goldman Sachs has projected a bullish outlook for China’s stock market in 2024, with anticipated gains of 12% for the…