China EV maker Hozon Auto appoints banks for $1 billion Hong Kong IPO -sources
(Reuters) – Chinese electric vehicle (EV) maker Hozon Auto has appointed China International Capital Corporation (CICC) and Morgan Stanley to…
In wake of Credit Suisse, Switzerland told to better prepare for bank failure
(Reuters) – Switzerland was urged to prepare properly for the failure of a big bank on Friday by a group…
Lululemon shares rise after it beats expectations and raises outlook; ‘impressive’ say analysts
Lululemon Athletica shares rose after beating expectations and raising its outlook. The athleisure apparel retailer reported second-quarter earnings per share…
Tesla launches new Model 3 in China with longer range
(Reuters) – Tesla (NASDAQ:TSLA) on Friday unveiled a restyled Model 3 with a longer driving range in China and other…
European stocks edge higher; eurozone PMI, US nonfarm payrolls in focus
European stock markets traded marginally higher Friday, helped by unexpectedly positive Chinese factory activity data, although trading ranges are likely…
Australia stocks lower at close of trade; S&P/ASX 200 down 0.37%
Australia stocks were lower after the close on Friday, as losses in the Healthcare, Gold and Utilities sectors led shares…
China’s economic woes may be behind Japan backlash -Suntory CEO
(Reuters) – China’s economy is in a “extremely difficult” situation, which may be contributing to a rising backlash against Japan…
Investor Tarsadia urges Cue Health to review options, add new director
(Reuters) – Tarsadia Investments is urging Cue Health to review its strategy, including options for a possible sale, to help…
Elon Musk’s X to roll out audio, video calling feature
(Reuters) – Social media platform X, formerly Twitter, plans to launch video and audio calls as owner Elon Musk races…
S&P, Dow set for higher open as inflation data boosts rate-pause hopes
(Reuters) – The S&P 500 and the Dow were set to open higher on Thursday as a keenly awaited inflation…