Oil Steadies Near This Year’s High as OPEC+ Extends Output Cuts
Oil steadied near the highest level this year after OPEC+ extended its production cuts to the end of next quarter.…
Pfizer’s Ups and Downs: Vaccine Triumphs, Revenue Challenges
Pfizer (PFE) stock, which peaked in December 2021, has now fallen for two years as the drugmaker looks for its…
Salesforce Beats Expectations & Announces Dividends
Shares of Salesforce (CRM) are moving up as the company reported fourth-quarter earnings, posting adjusted earnings per share of $2.29…
SpaceX’s talks with Vietnam over Starlink on hold
SpaceX’s plans to provide communications services to Vietnam with its Starlink satellites have been put on hold, three sources familiar…
Puma launches 100 million euro share buyback programme
German sports apparel company Puma plans to return up to 50% of its net income to shareholders, it said on…
Google Play Judge Calls $700 Million Settlement Bad for Customers
A federal judge appeared skeptical of Alphabet Inc.’s $700 million proposed settlement with states and consumers to resolve claims that…
Alibaba Leads Record Deal to Create $2.5 Billion China AI Firm
Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the latest in a…
Renault unveils new R5 as it taps past success for electric future
Renault unveiled its highly anticipated new electric R5 on Monday at the Geneva Motor Show, a model directly inspired by…
Stocks Take a Breather at Start of Data-Rich Week: Markets Wrap
European stocks and US equity futures posted small moves as investors geared up for a busy week of data, including…
Volvo Cars to Reduce Ownership Share in EV Manufacturer Polestar
Volvo Cars said on Friday it plans to distribute 62.7% of its stake worth 9.5 billion crowns ($920.17 million) in…