MercadoLibre downgraded on concerns about cross-border growth following tax rule changes in Brazil

Shares of Latin American eCommerce company MercadoLibre (NASDAQ:MELI) declined after the stock was cut from Buy to Neutral at BofA…

Timeline: Foxconn withdraws from $19.5 billion Vedanta chip plan in India

(Reuters) – Taiwan’s Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta (NYSE:VEDL), in a…

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.19%

Saudi Arabia stocks were lower after the close on Monday, as losses in the Media & Publishing, Retail and Cement…

Coinbase quarterly trading volumes seen falling 56%, Oppenheimer analysts say

Coinbase’s (NASDAQ:COIN) second-quarter earnings and future guidance may be disappointing due to stagnating trading activity at the cryptocurrency exchange platform,…

Hyundai launches small SUV in India to boost share as rivals gain ground

(Reuters) – Hyundai Motor Co (KS:005387) on Monday launched a small sport-utility vehicle (SUV) in India aimed at young car…

Airbus opens new assembly line for small jets in A380’s shadow

(Reuters) -Europe’s Airbus (EPA:AIR) inaugurated a new assembly line for its A321neo passenger jet in Toulouse, southwestern France, on Monday,…

Govt and Fiat-owner Stellantis agree on need to boost car production in Italy

(Reuters) – Italy’s Industry Minister and the head of Stellantis agreed on Monday on the need to boost automotive production…

Tesla gets ninth price target hike since June deliveries

Another day… another price target hike for Tesla (NASDAQ:TSLA). Since its June delivery report last weekend, nine Wall Street firms…

Meta Platforms, Icahn Enterprises, Fisker rise premarket; FMC falls

U.S. futures traded largely flat Monday, at the start of a week that includes the release of key inflation data.…

Morgan Stanley bullish on Netflix the business, waits for better risk/reward

Morgan Stanley remains neutral on Netflix (NASDAQ:NFLX) shares but raised its price target for the stock to $450 from $350…