Allianz and AXA quit climate alliance as insurers hold crunch talks

(Reuters) – Allianz (ETR:ALVG) and AXA on Thursday became the latest insurers to quit a global climate alliance that is…

Daiwa boosts estimates on Ford, sees potential in Ford Pro segment

Daiwa upgraded Ford Motor (NYSE:F) to a Neutral rating (from Underperform) and reiterated their 12-month price target of $12.00 for…

Researchers find Israeli-made spyware deployed across Armenia

(Reuters) – Researchers have discovered Israeli-made Pegasus phone hacking software deployed against targets across Armenia, including reporters at a U.S.…

Armani sales up 18% in Q1 as Asia rebounds, U.S. faces slowdown

(Reuters) – Italy’s Armani Group said on Thursday its sales jumped 18% in the first quarter thanks to a rebound…

Orders surge for trans designer after Target pulls products

(Reuters) – Transgender designer Erik Carnell has seen a surge in demand for his pins, prints, stickers and T-shirts after…

Electric truck maker Nikola receives delisting notice

(Reuters) – Nikola Corp said on Thursday Nasdaq gave the electric truck maker a delisting notice for not meeting its…

Wells Fargo bullish on Mobileye’s strategy and positioning

Wells Fargo analysts initiated Mobileye (NASDAQ:MBLY) at Overweight with a $50 price target in a note to clients Thursday. They…

TD’s failed First Horizon purchase derails medium-term profit targets

(Reuters) – TD said it would not be able to meet its earnings growth target after its failed acquisition of…

Chanel flags weaker U.S. sales, sees pickup in China

(Reuters) – Chanel sales in the United States, one of the luxury label’s top three markets, have slowed to a…

OpenAI’s Sam Altman raises $115 million for Worldcoin crypto project

(Reuters) – OpenAI Chief Executive Sam Altman has raised $115 million in a Series C funding round led by Blockchain…

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