Goldman Sachs cautions against market optimism on Fed rate cuts
Goldman Sachs strategists have issued a cautionary note regarding the market’s current expectations for Federal Reserve interest rate cuts. The…
Continental prepares for asset sales, tightens 2023 targets
(Reuters) – Continental will make its user experience unit, which makes instrument panels and displays for vehicles, independent, opening up…
Climate finance in the spotlight at COP28 climate talks
(Reuters) – Money pledges stacked up at COP28 in Dubai on Monday as delegates sought to address the huge gap…
Berkshire declines to pursue its Pilot claims at January trial
(Reuters) – Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) declined a judge’s offer for a January trial to resolve its claims that…
Tesla China sales fall nearly 18% in November
Sales of Tesla’s (TSLA) Chinese made electric vehicles dropped by 17.8% in November compared to the previous year, reaching 82,432…
Evergrande liquidation hearing pushed to Jan, focus on new debt revamp plan
(Reuters) – China Evergrande Group on Monday said it has been granted an adjournment of a court hearing into a…
Gold prices hit record high on bets of early Fed rate cuts
Gold prices touched an all-time high on Monday, but later pared back some of these gains, as traders bet on…
Southwest Gas targets spring/summer 2024 for Centuri IPO
Southwest Gas (NYSE:SWX) Holdings Inc has announced its plans to take its subsidiary, Centuri Holdings, public with an initial public…
Mizuho sees potential earnings revision risks for Alphabet
The Street is optimistic about Alphabet’s (NASDAQ:GOOGL) cloud revenue growth and operating margins, according to analysts at Mizuho. The analysts,…
Ford’s US vehicle sales slip 0.5% in November
(Reuters) – Ford Motor posted a 0.5% drop in U.S. new vehicle sales for November on Monday, as the automaker…