Alstom to exit Russia’s TMH by year-end -Ifax cites TMH boss
(Reuters) – France’s Alstom (EPA:ALSO) is set to sell its 20% stake in Transmashholding (TMH) back to the Russian railcar…
Earnings call: Walmart reports strong Q3 results, raises full-year guidance despite higher expenses
Walmart (NYSE:WMT)’s recent earnings call revealed robust Q3 performance across all segments, with notable growth in e-commerce sales. Despite higher…
BP seeks partnerships to navigate renewables storm
(Reuters) – BP (NYSE:BP) is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology companies…
Volvo Cars shares drop to record low as Geely trims stake
(Reuters) – Shares of Swedish automaker Volvo (OTC:VLVLY) Cars fell 14% on Friday as its majority shareholder, China’s Geely, sold…
Dollar gains after U.S. retail sales fall less than expected
(Reuters) – The dollar gained on Wednesday after U.S. retail sales fell less than expected in October, bouncing off its…
Oracle introduces mobile features for healthcare inventory management
Oracle Corporation (NYSE:ORCL) has announced new mobile enhancements to its Oracle Fusion Cloud Inventory Management system, part of Oracle Fusion…
Target bests profit forecasts on inventory drawdown, shares surge
(Reuters) – Target on Wednesday forecast holiday-quarter profit largely above Wall Street expectations as the big-box retailer benefits from easing…
France’s top court demands new trial over $2 billion UBS fine
(Reuters) – France’s top court on Wednesday ruled a new trial should be held over a 1.8 billion-euro ($1.95 billion)…
BlackRock warns of low thematic growth exposure in U.S. portfolios
BlackRock (NYSE:BLK), the world’s largest asset manager, has issued a warning to investors regarding the perceived adequacy of their thematic…
SpaceX discusses spinning off Starlink via IPO as soon as 2024
(Reuters) – Elon Musk’s SpaceX is discussing an initial public offering for its Starlink satellite business as soon as late…