Vietnam EV maker VinFast gets SPAC shareholders’ nod to list in US
(Reuters) – Shareholders of Black Spade Acquisition, a Hong Kong-based blank-cheque company, on Thursday approved a merger with Vietnam’s electric…
Dow futures climb; July inflation rises more slowly than expected
U.S. stock futures retained a positive tone Thursday, after data showed that U.S. annual inflation accelerated by less than expected…
Ford pushes Explorer EV launch date in Cologne
Detroit automaker, Ford Motor (NYSE:F) told workers Thursday morning that the company will be postponing the market launch of its…
Ralph Lauren slips 3% despite earnings beat
Ralph Lauren (NYSE:RL) shares fell nearly 3% in pre-market Thursday trading despite the company reporting better-than-expected results for its first…
Thyssenkrupp flags new cost cuts to regain investor confidence
(Reuters) – Thyssenkrupp (ETR:TKAG) on Thursday flagged a new cost-cutting programme to raise its performance and improve returns for shareholders,…
Dollar slips lower ahead of inflation release; euro gains
The U.S. dollar edged lower in early European trade Thursday ahead of a key U.S. inflation release, while the euro…
Dollar softens ahead of CPI, energy costs another focus
(Reuters) – The dollar dipped against most currencies on Thursday ahead of U.S. inflation data later in the day that…
Illumina falls 6% after cutting full-year forecast; analysts highlight China weakness
Illumina (NASDAQ:ILMN) shares fell over 6% in pre-market trading after the company slashed its full-year forecast. The company’s adjusted earnings…
Oil steadies ahead of US inflation data
(Reuters) -Oil prices stabilised on Thursday as investor caution dominated ahead of inflation data expected to offer clues on U.S.…
Alibaba beats quarterly revenue estimates
(Reuters) – China’s Alibaba (NYSE:BABA) Group Holding reported first-quarter revenue on Thursday that beat analysts’ estimates as consumer sentiment bounced…