Italy’s luxury groups set aside rivalries to keep it local
(Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming up to protect their…
Tesla begins sale of cheaper Model Y vehicle in South Korea
(Reuters) – Tesla (NASDAQ:TSLA) began selling its Model Y rear-wheel drive car on Friday in South Korea at a price…
Asia stocks set for best week of 2023, dollar reels on dovish Fed bets
(Reuters) – Asian stocks rose for a fifth straight day on Friday, on course for their best week this year,…
Conagra forecasts dour profit as higher prices curb demand
(Reuters) – Conagra Brands Inc on Thursday forecast annual sales and profit below Wall Street estimates, in a sign that…
Microsoft ‘will improve on dominant enterprise IT position’ – Oppenheimer
Oppenheimer analysts raised the price target for Microsoft (NASDAQ:MSFT) to $410 from $330 per share, maintaining an Outperform rating on…
PlayStation maker Sony upgraded to Buy at Goldman Sachs, new Top Pick
Sony Group (NYSE:SONY) shares rose 2.5% in early Thursday trading in New York after Goldman Sachs upgraded to Buy and…
Disney wants to keep ESPN, will look for strategic partners – CEO Iger
(Reuters) – Walt Disney (NYSE:DIS) wants to keep ESPN and will look for strategic partners to form a joint venture…
Goldman Sachs is worth owning, says Odeon Capital
Odeon Capital upgraded shares of Goldman Sachs (NYSE:GS) from Hold to Buy with a price target of $355.75 in a…
Bosch teams with Nikola in $2.8B hydrogen deal
German engineering company, Bosch, revealed Thursday that the company is investing almost €2.5 billion ($2.8B) in hydrogen fuel cell technology…
Delta soars to record quarterly earnings, lifts guidance
Delta (NYSE:DAL) has reported its best-ever quarterly revenue and earnings as a sharp post-pandemic rebound in travel demand flew in…