Ford, GM operations in Canada & Mexico 'extremely challenged' amid tariff threats
These tariffs, aimed at curbing the influx of illegal drugs and immigration, threaten to disrupt the supply chains of automakers such as Ford (NYSE: F) and General Motors (NYSE: GM ), according to the ...
Factbox-Major fallout for India's Adani Group after U.S. bribery indictment
(Reuters) -Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery ...
US weekly jobless claims decline further
Economists polled by Reuters had forecast 216,000 claims for the latest week. Claims have retreated from the near 1-1/2-year high seen in early October, which was the result of hurricanes and strikes ...
OPEC+ to delay unwinding output cuts, Citi strategists say
Investing.com -- OPEC+ is likely to delay the planned easing of oil production cuts, according to analysts at Citi Research. The group, which includes major oil-exporting nations and allies, is ...
CTA stock exposure is long US, short Europe, UBS analysts say
According to the firm's biweekly update on CTAs' positioning and flows, equity beta exposure has remained stable despite subdued momentum across global markets in November.
SolarEdge gains on plans to close energy storage unit, cut jobs
The decision includes cutting approximately 500 jobs, primarily in South Korea, and selling off assets related to the storage business, including manufacturing facilities for battery cells and packs.
Urban Outfitters shares surge on BofA upgrade
Investing.com -- Shares of Urban Outfitters (NASDAQ: URBN) jumped 14% in pre-market trading on Wednesday, buoyed by a revised outlook from BofA Securities, which upgraded the company’s stock to a "buy ...
What you need to know about Adani US bribery indictment
BENGALURU (Reuters) -Indian billionaire Gautam Adani's indictment by U.S. authorities for his alleged role in a $265 million ...
HP, Dell's weak forecasts spark share selloff, doubts over PC market recovery
(Reuters) - Shares of Dell (NYSE: DELL) and HP fell on Wednesday after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.
Aston Martin raises new capital, warns on profit; shares at two-year low
(Reuters) -Shares in Aston Martin (LON: AML) fell as much as 9% to a more than two-year low on Wednesday after the British luxury carmaker warned that annual profit could fall as much as 11% on ...
TSX futures edge up as investors await key US data
December futures on the S&P/TSX index were up 0.09% at 6:10 a.m. ET (1110 GMT). Investors are braced for a data-heavy day with special focus on the personal consumption expenditure index, the Fed's ...
Risk assets could get tariff wake-up call, BlackRock’s Wei Li Says - BBG
Although Li characterized BlackRock’s current stance as “risk-on,” she emphasized that circumstances could quickly change. She also noted that there is optimism that the market's reaction to potential ...