Analysis-Fall from grace: How the property crash unravelled Sweden’s SBB
(Reuters) – For hundreds of thousands of ordinary Swedes, investing in one of their country’s biggest landlords SBB was a…
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
(Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021 was unremarkable except for one detail: The…
Japan stocks higher at close of trade; Nikkei 225 up 1.49%
Japan stocks were higher after the close on Thursday, as gains in the Retail, Mining and Fishery sectors led shares…
Disney extends CEO Bob Iger’s contract through 2026
(Reuters) – Walt Disney ‘s (NYSE:DIS) board on Wednesday extended Chief Executive Officer Robert Iger’s contract by two years as…
Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
(Reuters) – Amazon.com’s Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a…
US airline stock valuations stuck on runway despite travel boom
(Reuters) – Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. However, their shares have…
Brazil’s Azul launches notes offering as part of broad restructuring plan
(Reuters) – Brazilian airline Azul announced on Wednesday it is launching a public offering of senior secured notes due 2028,…
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.54%
Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Retail, Financial Services and Insurance sectors…
HSBC cuts European and U.S. EV penetration, raises China estimates
HSBC Research on Wednesday cut their 2024-30 European BEV forecasts for the fourth time in a row as they expect…
Amazon Prime Day sales rise as deep discounts tempt inflation-hit customers
(Reuters) – Amazon.com’s (NASDAQ:AMZN) Prime Day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a…