Shares in yacht maker Ferretti bob higher on Milan market debut
(Reuters) – Shares in Italian yacht maker Ferretti rose more than 4% in an initial spike on their debut on…
Accor plans to add more than 1,200 hotels
(Reuters) – Accor plans to open more than 1,200 hotels in the next five years, increasing the number of its…
Lordstown Motors files bankruptcy, sues Foxconn
(Reuters) – Lordstown Motors (NASDAQ:RIDE) filed for bankruptcy protection on Tuesday and put itself up for sale after the U.S.…
Nissan shareholders back board at first AGM since striking alliance deal
(Reuters) – Nissan Motor (TYO:7201) shareholders on Tuesday backed Chief Executive Makoto Uchida and other board nominees at its first…
Investors watch for quarter-end rebalancing in US stocks, bonds and options
(Reuters) – Investors are watching a large hedged-equity fund’s quarterly refresh of its options positions and quarter-end rebalancing by portfolio…
European shares rise as China optimism lifts miners
(Reuters) – European shares rose on Tuesday as miners gained after hopes of more policy support from China lifted metal…
Japan stocks lower at close of trade; Nikkei 225 down 0.49%
Japan stocks were lower after the close on Tuesday, as losses in the Power, Precision Instruments and Railway & Bus…
Meta Platforms stock target raised at UBS as GenAI potential still not priced in
UBS analysts raised the price target on Meta Platforms (NASDAQ:META) to $335 per share from the prior $300, while maintaining…
Amazon workers in Leipzig start 48-hour strike for higher wages
(Reuters) – Workers at Amazon (NASDAQ:AMZN)’s warehouses in Germany’s eastern city of Leipzig started a 48-hour strike on Monday to…
PacWest sells $3.5 billion loan portfolio to PE firm Ares
(Reuters) – PacWest Bancorp has sold a $3.5 billion specialty finance loan portfolio to Ares Management (NYSE:ARES), in an attempt…