Amazon is a core AI beneficiary – Jefferies
Jefferies analysts hiked the price target on Amazon (NASDAQ:AMZN) shares to $150 from the prior $135 per share after the…
Tesla stock downgraded at Barclays after a ‘too sharp’ rally
Barclays analysts downgraded Tesla (NASDAQ:TSLA) shares to Equal Weight from Overweight as they believe the recent sharp run-up in shares…
German carmakers challenged over Xinjiang due diligence in rights group complaint
(Reuters) – Germany’s top carmakers have been accused by a Berlin-based human rights group of not showing they have carried…
Brazil’s Embraer returns to China with deal for freight conversions
(Reuters) – Brazilian planemaker Embraer is returning to China with a deal to convert passenger jets into freight aircraft with…
Thyssenkrupp should consider industrial players in sale of defense division – IG Metall
(Reuters) – Thyssenkrupp (ETR:TKAG) should explore a sale of its warship division to peers, in addition to private equity players…
Jeffrey Epstein got $300 million in US Virgin Islands tax incentives, JPMorgan says
(Reuters) – JPMorgan Chase said the U.S. Virgin Islands gave Jeffrey Epstein more than $300 million in tax incentives and…
JPMorgan cuts around 20 Asia investment banking jobs-source
(Reuters) – JPMorgan Chase & Co (NYSE:JPM) has in a new round of downsizing cut around 20 investment banking jobs…
Australian lawmaker calls for international probe into PwC govt tax scandal
(Reuters) – The chair of an Australian senate committee looking into PricewaterhouseCoopers’ leak of a confidential government tax plan has…
CBA lowers home loan buffer rates for some refinancing clients to 1%
(Reuters) – Commonwealth Bank of Australia on Wednesday cut its buffer rate for some borrowers refinancing their existing home loan…
Australia stocks lower at close of trade; S&P/ASX 200 down 0.58%
Australia stocks were lower after the close on Wednesday, as losses in the Gold, Energy and Consumer Discretionary sectors led…