Morgan Stanley Downgrades LVMH to End Six Years of Bullishness
For the first time in six years, a Morgan Stanley analyst is relinquishing his positive view on LVMH.
2023-12-01 18:51
European Stocks Extend $1.2 Trillion Rally Before Powell Speech
European stocks kicked off December with gains, extending a rally that added $1.2 trillion to the Stoxx 600’s
2023-12-01 16:53
Ryanair Finds Suspect Engine Components as Fake-Part Case Brews
Ryanair Holdings Plc said it found unauthorized parts in two aircraft engines, becoming the latest major airline caught
2023-12-01 16:45
Short Alibaba, Long PDD Stock Pair Trade Points to 95% Gain
Traders betting on diverging stock performances by Chinese e-commerce giants Alibaba Group Holding Ltd. and PDD Holdings Inc.
2023-12-01 14:54
How a Climate Crisis Is Making Chocolate More Expensive
The muck from incessant rain sloshes around Nestor N’Guessan’s feet as he points to a plot of cocoa
2023-12-01 13:16
Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction
Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its
2023-12-01 09:24
New York Food Delivery Minimum Pay Rule Is Cleared by Court
Uber Technologies Inc., DoorDash Inc. and Grubhub Inc. will have to pay New York food delivery workers at
2023-12-01 08:25
Apparel Maker Faherty Explores Selling Minority Stake
Faherty Brand, a family-owned clothing brand and retailer, is exploring strategic options including the sale of a minority
2023-12-01 05:58
Signa Insolvency Engulfs Galeria Stores, Halts Frasers Deal
The insolvency of Signa Holding GmbH is starting to cause ripple effects across Rene Benko’s property and retail
2023-11-30 23:46
Canada’s Economy Shrank 1.1% With Rates Denting Spending
Canada’s economy unexpectedly contracted in the third quarter and consumption flatlined, confirming the central bank’s aggressive interest rate
2023-11-30 22:53
Ford Lowers Profit Guidance as Labor Costs Rise $8.8 Billion
Ford Motor Co. restored financial guidance Thursday, saying profits would come in lower than earlier projections due to
2023-11-30 21:23
Remy Cointreau Keeps Outlook Even as US Cognac Sales Plunge
Remy Cointreau SA’s first-half profit missed analyst expectations amid a sharp decline in US demand for its pricey
2023-11-30 17:53