Delta lifts profit view on strong travel demand, lower fuel costs

(Reuters) – Delta Air Lines said on Tuesday it expects full-year profit per share at the high-end of its prior…

Stellantis aims to relieve ‘charging anxiety’ with new service for EV users

(Reuters) – Stellantis launched a ‘Charging & Energy’ business unit on Tuesday to make it easier to keep electric vehicles…

Volkswagen China chief asks China’s premier Li for clarity on data transfers

(Reuters) – Volkswagen (ETR:VOWG_p)’s head of its business in China said on Tuesday that the carmaker needed clarity on cross-border…

Snowflake gains on AI-focused partnership with Nvidia

Shares in Snowflake (NYSE:SNOW) are trading more than 3% higher in premarket Tuesday after the company announced a new partnership…

4 big analyst cuts: BofA double downgraded Playa Hotels & Resorts, shares plummet

Playa Hotels & Resorts double downgraded at BofA Playa Hotels & Resorts (NASDAQ:PLYA) shares plunged nearly 7% yesterday after BofA…

UBS to announce changes to next management level soon – CEO

(Reuters) – UBS (SIX:UBSG) will announce further changes to its management as it seeks to integrate Credit Suisse (SIX:CSGN) following the recent…

PwC Australia asset sale unlikely to solve firm’s tarnished reputation

(Reuters) – PwC Australia’s sale of its government consulting business may give it temporary respite from a crisis in its…

Fresenius Medical Care shares drop on U.S. dialysis payment adjustment

(Reuters) – Shares in kidney dialysis group Fresenius Medical Care (NYSE:FMS) fell as much as 5% on Tuesday after a…

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…