Stocks News

By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines is doubling down on more profitable premium travel as it looks to shore up its defenses against an economic downturn.

BRASILIA (Reuters) – Brazil’s government announced on Tuesday it would end a tax exemption on international orders up to $50 as part of an effort to tax purchases from global retail giants.

By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd $406.2 million after being declared in default on leases for three Boeing 747-8F planes following Russia’s invasion of Ukraine.

A look at the day ahead in U.S. and global markets from Mike Dolan

By Douglas Gillison and Hannah Lang (Reuters) – The Federal Deposit Insurance Corp is expected to propose next month how to make the U.S. banking sector pay for an estimated $23 billion hole in its insurance fund by the collapse of Silicon Valley Bank and Signature

(Reuters) – Mercedes-Benz Group sales rose moderately in the first quarter of this year, boosted by electric vehicles (EV) and premium cars, the German carmaker said on Wednesday.

BENGALURU (Reuters) – Elon Musk said on Wednesday that he did not know “what exactly happened” when Twitter took down content related to a documentary critical of Prime Minister Narendra Modi earlier this year, adding that some rules related to social media content were “quite strict”

OSLO (Reuters) – Truck maker AB Volvo reported record first-quarter profits as revenue and margins rose, a preliminary filing showed late on Tuesday, in a sign the Swedish company had begun to overcome bottlenecks and inflation that hampered the industry.

(Reuters) -Twitter Inc CEO Elon Musk said on Wednesday the social media company is “roughly breaking even,” as most of its advertisers have returned.

SINGAPORE (Reuters) – The U.S. arm of cryptocurrency exchange Binance said it will remove digital asset tokens TRON and Spell from its trading platform, sending the prices of both down sharply on Wednesday.

A look at the day ahead in European and global markets from Ankur Banerjee

By David Carnevali and Anirban Sen NEW YORK (Reuters) – Industrial conglomerate Emerson Electric is in advanced talks to acquire National Instruments Corp, people familiar with the matter said on Tuesday.

(Reuters) – Several major U.S. banks who contributed a significant portion of the $30 billion in deposits to aid First Republic Bank last month, are now planning to bolster their reserves by setting aside around $100 million each, Bloomberg reported.

By Tom Hals WILMINGTON, Delaware (Reuters) – A judge said Fox News had a “credibility problem” as it prepares for a $1.6 billion defamation trial after the company disclosed for the first time in nearly two years of litigation that Rupert Murdoch was an officer of

TOKYO (Reuters) – Goldman Sachs Group Inc said on Wednesday it is launching its transaction banking business for corporate clients in Japan, as the U.S. investment bank expands in the world’s third-largest economy.

SYDNEY (Reuters) – Macquarie Group has hired Credit Suisse’s top Australian dealmaker Dragi Ristevski, according to a memo from the bank.

(Reuters) – The U.S. State Department has approved the potential sale of HIMARS artillery rocket systems and related equipment to Morocco in a deal valued at up to $524 million, the Pentagon said on Tuesday.

By Noele Illien and John Revill BERN (Reuters) – Since Switzerland’s authorities last month pulled out all the stops to rush through a rescue of Credit Suisse, a storm has been brewing in the normally tranquil country.

By David Shepardson WASHINGTON (Reuters) – A major transport union on Tuesday opposed a request filed by Alphabet’s self-driving unit Waymo and autonomous driving technology company Aurora for an exemption from rules on warning devices for large semi-trucks, citing safety issues.

By Dawn Chmielewski and Lisa Richwine (Reuters) – Florida Governor Ron DeSantis’s newly formed oversight board is seeking to assert control over development in two cities where Walt Disney World Resort is located, the latest twist in a battle for authority over the company’s Florida theme