Oil inches higher as traders monitor Red Sea tensions
(Reuters) – Oil rose slightly on Wednesday as investors kept an eye on the situation in the Red Sea after…
Diageo faces fight to regain investor confidence as Mexican sales slow
(Reuters) -Diageo faces a battle to win back some investors’ trust following last month’s profit warning as the Johnnie Walker…
Austria’s RBI and Strabag in share deal to weaken Russia ties
(Reuters) – Austria’s Raiffeisen Bank International, one of the banks in Europe most exposed to Russia, said on Tuesday it…
US court slaps down stock buyback rule over SEC ‘defects’
(Reuters) – The U.S. Securities and Exchange Commission’s bid to force companies to disclose more details about their share buyback…
FedEx plunges 10% on Q2 miss & guidance cut
FedEx (NYSE:FDX) shares dropped nearly 10% in pre-market Wednesday after the company reported FQ2 results that missed analyst expectations. Q2…
Australian court fines Airbnb over misleading accommodation pricing
(Reuters) – The Australian Federal Court has ordered Airbnb to pay A$15 million ($10.1 million) in penalties and up to…
DHL Express US air hub workers reach tentative deal with Teamsters union
(Reuters) -The Teamsters union said on Tuesday it has reached a tentative agreement with about 1,100 DHL Express workers at…
Toyota’s Daihatsu to halt all vehicle shipments, in widening safety scandal
(Reuters) -Toyota Motor’s Daihatsu unit will halt shipments of all of its vehicles, Japan’s biggest automaker said on Wednesday, after…
Analysis-US and China remain top credit ratings to watch in 2024
(Reuters) – The U.S. and China on downgrade warnings, Turkey hoping for its first upgrade in a decade and Israel…
Oppenheimer says TransUnion and Equifax positioned for outperformance
Oppenheimer analysts initiated Equifax (NYSE:EFX) and TransUnion (NYSE:TRU) with Buy ratings in separate notes Tuesday. The firm assigned EFX a…