Uniqlo owner Fast Retailing annual profit rises 28% to fresh record
(Reuters) – Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, reported on Thursday that full-year operating profit rose 28%…
Ericsson shares volatile after results, $2.9 billion charge
(Reuters) – Ericsson shares were volatile on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker…
Venezuela bondholders file claim to New York court amid tolling agreement
(Reuters) – Holders of defaulted debt issued by Venezuela and its state oil company said they made two filings in…
China bans new offshore brokerage accounts in capital control move
(Reuters) – China has for the first time issued a notice prohibiting domestic brokerages and their overseas units from taking…
UAW expands auto strike to Ford’s biggest plant in surprise move
(Reuters) -United Auto Workers on Wednesday shut down Ford (NYSE:F)’s biggest plant globally, halting production of lucrative pickup trucks with…
European stocks edge higher; U.K. GDP offers hope of future growth
European stock markets traded higher Thursday, helped by signs of U.K. growth ahead of the release of key U.S. consumer…
Oil falls after Saudi pledge; investors keep wary eye on Israel
(Reuters) – Oil prices fell on Wednesday, as fears of disruption to supplies due to conflict in the Middle East…
Boeing called a buy after Q3 delivery numbers: 5 big analyst picks
Boeing started with Buy rating at UBS UBS initiated coverage on Boeing (NYSE:BA) with a Buy rating on Wednesday with…
Italian union cuts annual production forecasts for Stellantis
Italy’s FIM Cisl union on Wednesday revised its vehicle production outlook for Stellantis (NYSE:STLA) in Italy for the current year…
Morgan Stanley Downgraded to Neutral by UBS Amid Challenging Revenue Conditions
UBS analyst Brennan Hawken has downgraded the stock rating of Morgan Stanley (NYSE:MS) from buy to neutral today, Wednesday. This…