Stocks News
- Reuters
By Medha Singh and Lisa Pauline Mattackal
- Reuters
BANGKOK (Reuters) – Political parties in Thailand have until Friday to submit the names of their prime ministerial candidates ahead of a May 14 general election.
- Reuters
SAO PAULO (Reuters) – Uber Technologies Inc on Wednesday announced a deal with Brazilian bike-sharing company Tembici to make electric and common bicycles available on its app in Latin America amid a push for greener initiatives.
- Reuters
BERN (Reuters) – Switzerland’s financial regulator FINMA called for more power to penalise and name and shame banks that break the rules, following the collapse of the country’s second-biggest bank, Credit Suisse.
- Reuters
(Reuters) – New car registrations in the United Kingdom rose for the eighth consecutive month in March, recording a more than 17% rise from a year earlier, according to preliminary industry data released on Wednesday.
- Reuters
BASEL (Reuters) – UBS’s Chairman told the bank’s annual shareholder meeting on Wednesday that the takeover of rival Credit Suisse was a significant milestone for Switzerland and for the global financial industry.
- Reuters
COPENHAGEN (Reuters) – Sweden-based Volvo Car AB said on Wednesday its sales increased by 10% year-on-year in March to 162,938 cars, helped mainly by the company’s fully electric cars.
- Reuters
(Reuters) – French catering and food services group Sodexo plans to spin-off and list its Benefits & Rewards Services (BRS) business during 2024, it said on Wednesday.
- Reuters
LOS ANGELES (Reuters) – FedEx Corp on Wednesday will lay out the next steps in its plan to slash $4 billion in permanent costs by the end of fiscal 2025.
- Reuters
By Sinead Cruise, Shankar Ramakrishnan and Valentina Za
- Reuters
TAOYUAN, Taiwan (Reuters) – Foxconn founder Terry Gou said on Wednesday he would strive to be the presidential candidate for Taiwan’s main opposition KMT party in elections due early next year.
- Reuters
A look at the day ahead in European and global markets from Ankur Banerjee
- Reuters
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.
- Reuters
By Stephen Nellis (Reuters) – Alphabet Inc’s Google on Tuesday released new details about the supercomputers it uses to train its artificial intelligence models, saying the systems are both faster and more power-efficient than comparable systems from Nvidia Corp.
- Reuters
(Reuters) – A Johnson & Johnson subsidiary filed for bankruptcy a second time on Tuesday, seeking to complete a $8.9 billion settlement of lawsuits alleging that its baby powder and other talc products cause cancer.
- Reuters
(Reuters) – Telecommunication firm Spark New Zealand said on Wednesday it will invest more in data centres and its 5G business over the next three years as part of a new strategy.
- Reuters
By Jessica DiNapoli and Isla Binnie NEW YORK (Reuters) – Colgate-Palmolive Co plans to launch a modified cheaper version of its recyclable toothpaste tube this year that uses less plastic and is easier to ship, the Optic White maker’s chief sustainability officer Ann Tracy told Reuters
- Reuters
By Brendan Pierson and Dietrich Knauth (Reuters) – Federal appeals court judges on Tuesday appeared skeptical of 3M’s bid to use the bankruptcy of its subsidiary Aearo Technologies to shield itself from nearly 260,000 lawsuits over allegedly defective military-issue earplugs.
- Reuters
(Reuters) – Walmart Inc on Tuesday said it expects about 65% of its stores to be serviced by automation by the end of its fiscal year 2026, just days after it revealed plans to lay off more than 2,000 people at online order fulfillment centers.
- Reuters
By Julie Zhu HONG KONG (Reuters) – Asian stocks dithered on Tuesday as investors grappled with inflation concerns in the wake of the surprise cuts to the OPEC+ group’s oil output targets, while treasury yields retreated after frail U.S. manufacturing sector data.