Pent-up demand promises record tourist season for southern Europe
(Reuters) – After three years of pandemic travel restrictions and rocketing energy costs, tourism is back with a vengeance to…
Farfetch stock surges 20% on Q1 beat; BofA sees an ‘inflection point’
Farfetch Limited (NYSE:FTCH) shares surged more than 20% in pre-open Friday following the company’s reported Q1 results. The company reported a loss…
Hong Kong exchange to roll out new dual counter model in June
(Reuters) – The Hong Kong Stock Exchange said on Friday it would launch the new dual counter trading model on…
Applied Materials delivers a beat-and-raise quarter; analysts positive
Applied Materials (NASDAQ:AMAT) reported better-than-expected FQ2 results, although its shares still trade about 2% lower in pre-market Friday. The chipmaker…
AstraZeneca’s China boss says drugmaker will seek to “love the Communist Party”
(Reuters) – Global drugmaker AstraZeneca (NASDAQ:AZN) will seek to be a patriotic company in China that “loves the Communist Party”,…
Disney to close Star Wars hotel that opened in Florida last year
(Reuters) – Walt Disney (NYSE:DIS) Co will shutter its immersive Star Wars-themed luxury hotel in Orlando this September, less than two years…
Brazil’s Americanas to seek bidders for fruit and vegetable unit
(Reuters) – Brazil retailer Americanas SA said on Thursday it will next week start to seek potential bidders for the…
FTSE 100 edges higher; Smiths Group lifts full-year revenue guidance
U.K. stock markets largely edged higher Friday, helped by a wave of optimism that a U.S. debt default can be…
Nikkei powers to Japan’s 1990 ‘bubble’ era peak
(Reuters) – Japan’s stock benchmark rallied on Friday to the highest since August 1990, the country’s “bubble” era, driven by…
European stocks rise; Smiths Group earnings, G7 meeting eyed
European stock markets traded higher Friday, benefiting from the global optimism that a U.S. debt default will be avoided. At…