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…
Hugo Boss stays strong amid tough China, U.S. markets
(Reuters) – Hugo Boss (ETR:BOSSn) has raised its sales and profit outlook after reporting a 20% jump in second-quarter revenues,…
Sensex crashes 1,028 pts as all sectors painted in red, VIX soars 15%
Indian equity benchmark indices opened in the red on Wednesday tracking negative cues from global markets and a sharp drag…
For investors, green companies still hard to find with new emissions reporting rules
(Reuters) – Is Ford (NYSE:F) doing a better job of cutting emissions than rival Toyota (TYO:7203)? Is BP (LON:BP) greener…
Siemens Healthineers confirms outlook despite problems at Varian
(Reuters) – U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected drop…
European stocks weaken after U.S. downgrade; risk sentiment hit hard
European stock markets traded lower Wednesday, with risk sentiment hit by the surprise downgrade to the U.S.’s top-tier sovereign rating…
S&P 500, Nasdaq fall after mixed pharma earnings, economic data
(Reuters) – The S&P 500 and Nasdaq fell on Tuesday as investors assessed mixed earnings from pharma heavyweights and digested…