Paris air show takes off with record 500-plane Airbus deal

(Reuters) – Airbus announced a record 500-plane deal with Indian airline IndiGo on day one of the Paris Airshow on…

IMF working on global central bank digital currency platform

(Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable…

Chile’s Codelco must kick-start lithium industry while reviving copper output

(Reuters) – Chilean President Gabriel Boric, seeking to expand the country’s long-stalled lithium industry, has tasked state-owned Codelco, the world’s…

AstraZeneca planning China business spin off -FT

(Reuters) – Drugmaker AstraZeneca (NASDAQ:AZN) is drafting a plan to spin off its China business, and listing a separate unit…

Air taxi maker races to serve Paris Olympics as sector struggles for funds

(Reuters) – A year ahead of the Paris Olympics, flying taxi maker Volocopter wants to prove to executives at the…

5 big analyst picks & cuts: ASML and Applied Materials slashed to Neutral

ASML downgraded to Neutral ASML (NASDAQ:ASML) shares fell more than 2% on Friday after New Street Research downgraded the company…

Stocks rally stalls, eyes on Powell testimony for US rate clues

(Reuters) – Global shares drifted on Monday from 14-month highs hit last week, as investors awaited testimony from U.S. Federal…

JD.com sales during China shopping festival beat expectations -analysts

Australia stocks were higher after the close on Monday, as gains in the Healthcare, Consumer Staples and Gold sectors led…

Japan stocks lower at close of trade; Nikkei 225 down 1.00%

Japan stocks were lower after the close on Monday, as losses in the Automobiles & Parts, Construction and Paper &…

Paris air show returns with jets and missiles in demand

(Reuters) – The Paris Airshow opened on Monday with last-minute jet order negotiations and supply chain headaches competing for attention…