Ford delays European Explorer production
On Monday, Ford Motor (NYSE:F) shared that they’re pushing back the production of their long-awaited Explorer SUV in Cologne by…
Analysis-FTC settlement could shelter Amgen from US price cuts, taxes
(Reuters) – The U.S. Federal Trade Commission’s decision on Friday to allow Amgen (NASDAQ:AMGN)’s takeover of Horizon Therapeutics (NASDAQ:HZNP) was…
Wall St eyes lower open as yields rise, China data weighs
(Reuters) -Wall Street’s main indexes were poised for a lower open on Tuesday as higher Treasury yields weighed on major…
China’s auto workers bear the brunt of price war as fallout widens
(Reuters) – As Shanghai sweltered in a heatwave in June, the car factory where Mike Chen works switched production to…
Exclusive-Shell, Trinidad weigh Venezuela’s natural gas investment demands
(Reuters) – Shell (LON:SHEL) and Trinidad and Tobago’s National Gas Company (NGC) are close to agreeing to credit Venezuela’s state-run…
SoftBank’s Arm aims for over $52 billion valuation in biggest US IPO of the year
(Reuters) – SoftBank Group’s Arm is seeking a valuation of more than $52 billion in its initial public offering, the…
Weak global activity data sends US dollar to six-month high, Aussie skids
(Reuters) – Jitters about global growth, particularly in China, caused the safe-haven U.S. dollar to hit multi-month highs on the…
Oil slips as investors sour on China
(Reuters) – Oil prices dipped on Tuesday as fresh data added to gloom over the state of China’s post-pandemic recovery,…
Dow futures largely unchanged; Goldman cuts U.S. recession chance
U.S. stock futures traded marginally lower Tuesday, handing back some of the previous week’s strong gains at the start of…
S&P Global raises reinsurance sector view to stable from negative
(Reuters) – S&P Global has raised its view of the global reinsurance sector to stable from negative, it said on…