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Recent Posts

  • Retailers rush to save US summer shopping season
    May 15, 2025
  • Stanchart builds US-based private equity team amid investment bank push
    May 15, 2025
  • Japan’s oil refiners scale back decarbonisation efforts, refocus on fossil fuels
    May 15, 2025
  • February 18, 2025

Restaurant Brands International acquires Burger King China for $158 million

-- Restaurant Brands International (NYSE:QSR) (RBI) has acquired the equity interests in Burger King China from TFI Asia Holdings BV and Pangea Two Acquisition...

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  • February 18, 2025

Southwest Airlines shares rise in premarket on plan to reduce leadership positions

-- Southwest Airlines (NYSE:LUV) has announced plans to eliminate approximately 1,750 jobs within its leadership ranks as a cost-cutting measure. This news led to a...

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  • February 18, 2025

Diamondback Energy to acquire Double Eagle units for $4.08 billion

-- Diamondback (NASDAQ:FANG) Energy, an oil and gas company, said on Tuesday that it plans to acquire specific units of Double Eagle, a Texas-based energy producer,...

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  • February 18, 2025

Despite record highs, investors see gains for European stocks: BofA survey

-- Despite European equities reaching all-time highs, 66% of fund managers expect further near-term gains, according to Bank of America’s (BofA) latest European Fund...

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  • February 18, 2025

Morgan Stanley upgrades Glencore to "overweight," citing undervalued stock

-- Morgan Stanley (NYSE:MS) in a note dated Tuesday has upgraded Glencore (LON:GLEN) to an "overweight" rating, citing exaggerated market concerns over coal...

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  • February 15, 2025

Uber accuses DoorDash of anticompetitive practices in lawsuit

By Gnaneshwar Rajan (Reuters) - Uber Technologies (NYSE:UBER) has filed a lawsuit against DoorDash (NASDAQ:DASH), accusing the online delivery firm of anticompetitive practices,...

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  • February 15, 2025

Volkswagen sets internal VW brand margin target of 6.5%, says Business Insider

FRANKFURT (Reuters) - German carmaker Volkswagen (ETR:VOWG_p) has issued internal targets to improve the profit margin for sales from its VW car business to 6.5%, up from about 2%...

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  • February 15, 2025

Bank of Italy chief says M&A supervision "not a talk show"

By Andrea Mandala and Valentina Za TURIN, Italy (Reuters) - The Bank of Italy will carefully screen proposed bank takeover bids that will ultimately be decided by investors, but...

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  • February 15, 2025

India stocks lower at close of trade; Nifty 50 down 0.44%

– India stocks were lower after the close on Saturday, as losses in the Capital Goods, Power and Public Sector Undertakings sectors led shares lower. At the close in...

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  • February 15, 2025

Could AI revolutionize the energy system?

-- Artificial intelligence could drive a major shift in global energy demand and carbon reduction efforts, according to a new report from Shell (LON:SHEL) Plc,...

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