Country Garden: How bad are the Chinese property developer’s debt problems?
(Reuters) – China is grappling with a slowdown that has rattled global markets, with the spotlight now focused on troubled…
Amazon shareholder sues board, Bezos over Blue Origin launch contracts
(Reuters) – An Amazon (NASDAQ:AMZN) shareholder has filed a lawsuit against founder Jeff Bezos and the Amazon board alleging directors…
Samsung jumps on report Nvidia will add electronics group as a supplier
Seoul-listed shares in Samsung Electronics Co Ltd (KS:005930) climbed by more than 6% on Friday, their most since January 2021,…
India stocks higher at close of trade; Nifty 50 up 0.94%
India stocks were higher after the close on Friday, as gains in the Metals, Power and Public Sector Undertakings sectors…
Investors lower outlook for consumers as student loans, credit card debts pile up
(Reuters) – Signs of rising consumer stress are prompting some fund managers to grow more conservative in their outlooks, even…
Futures move higher ahead of August jobs report
(Reuters) – U.S. stock index futures were higher on Friday ahead of a reading that could show job growth likely…
China EV maker Hozon Auto appoints banks for $1 billion Hong Kong IPO -sources
(Reuters) – Chinese electric vehicle (EV) maker Hozon Auto has appointed China International Capital Corporation (CICC) and Morgan Stanley to…
In wake of Credit Suisse, Switzerland told to better prepare for bank failure
(Reuters) – Switzerland was urged to prepare properly for the failure of a big bank on Friday by a group…
Lululemon shares rise after it beats expectations and raises outlook; ‘impressive’ say analysts
Lululemon Athletica shares rose after beating expectations and raising its outlook. The athleisure apparel retailer reported second-quarter earnings per share…
Tesla launches new Model 3 in China with longer range
(Reuters) – Tesla (NASDAQ:TSLA) on Friday unveiled a restyled Model 3 with a longer driving range in China and other…