Asia stocks rise on earnings hopes; keep wary eye on Mideast tensions
(Reuters) – Asian stocks made some cautious gains on Tuesday, with investors choosing to focus on corporate earnings prospects and…
PG&E proposes $5.9 billion plan to bury power lines amid wildfire concerns
Pacific Gas & Electric (PG&E (NYSE:PCG)), a major U.S. utility company, proposed a plan to bury power lines in high-risk…
Oil steadies on hopes US will ease sanctions on Venezuela
(Reuters) – Oil prices steadied on Tuesday after sliding more than $1 on Monday amid hopes the U.S. would ease…
Gold prices extend losses before U.S. data dump, more Fed cues
Gold prices fell further on Tuesday, extending declines from the prior session as markets hunkered down before several upcoming cues…
Goldman Sachs reassesses consumer lending venture amid operational challenges
Goldman Sachs Group Inc (NYSE:GS) is reconsidering its position in the consumer lending sector, including its partnership with Apple Inc…
Rolls-Royce to cut up to 2,500 roles in latest efficiency drive
(Reuters) – Rolls-Royce said on Tuesday it would cut up to 2,500 roles as its new chief executive seeks to…
Stocks, bonds in China’s Gemdale dive on property crisis fears
(Reuters) – China’s Gemdale saw its stocks and bonds plunge on Tuesday after the resignation of its chairman, as investors…
Country Garden’s entire offshore debt to be in default if Tuesday payment not made
(Reuters) – Country Garden’s entire offshore debt will be deemed to be in default if China’s largest private property developer…
Ericsson says telecoms uncertainty to persist into 2024, shares fall
(Reuters) – Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks business to persist into 2024, after…
Moderna holds steady on 2023 COVID-19 sales forecast amid market turbulence
Moderna (NASDAQ:MRNA) Inc. has stood its ground amid market instability triggered by Pfizer Inc. (NYSE:PFE)’s updated COVID-19 guidelines, reasserting its…