Exclusive-Fitch highlighted Jan. 6 insurrection in talks with Treasury ahead of US downgrade
(Reuters) -Fitch made its decision to downgrade the U.S. credit rating due to fiscal concerns and a deterioration in U.S…
Teva Pharmaceutical Q2 profit tops estimates, Huntington’s drug sales jump
(Reuters) -Teva Pharmaceutical Industries reported higher than expected second-quarter profit, boosted by a jump in sales of its Austedo treatment…
Ferrari nudges up year forecasts after Q2 results, investors unimpressed
(Reuters) -Ferrari failed to excite investors on Wednesday with the luxury sports car maker only raising its forecasts for full-year…
KFC owner Yum Brands beats quarterly sales, profit estimates on steady demand
(Reuters) – Yum Brands topped market estimates for quarterly comparable sales and profit on Wednesday, as cheaper meals and promotional…
Voyager Space and Airbus deepen tie-up on new space station
(Reuters) – U.S. space venture company Voyager Space and Airbus said on Wednesday they will co-operate more closely in the…
Hong Kong cuts China-risk section in listing rules, but says scrutiny unchanged
(Reuters) -Hong Kong stock exchange has removed a China-risk section for mainland-incorporated companies in its listing application rules with effect…
Dow futures retreat after Fitch downgrade; ADP jobs data due
U.S. stock futures fell Wednesday after the surprise downgrading of the country’s top-tier credit rating by Fitch, while the quarterly…
Starbucks slips on sales disappointment despite China bump
Shares in Starbucks (NASDAQ:SBUX) drifted lower in premarket U.S. trading Wednesday after the coffeehouse chain reported global comparable sales that…
Subaru aims to have battery EVs make up half of its sales by 2030
(Reuters) – Subaru (TYO:7270) will target annual sales of 600,000 battery electric vehicles by 2030 so that they make up…
Volkswagen in talks with Leapmotor on tech tie-up for Jetta brand – China media
(Reuters) -Volkswagen is in talks with Chinese electric vehicle startup Zhejiang Leapmotor Technology (HK:9863) about the possibility of cooperation for…