FedEx rating cut at Bernstein on execution risk
Investing.com — FedEx has been downgraded to “Market-Perform” by Bernstein analysts, citing a confluence of execution, event, and policy risks that...
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Union says nearly 100,000 workers joined Volkswagen strikes across Germany
BERLIN (Reuters) – Almost 100,000 workers joined walkouts at Volkswagen (ETR:VOWG_p)’s German plants on Monday in protest at management plans...
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Barclays downgrades Mercedes-Benz, upgrades Porsche amid market shifts
Investing.com — Barclays (LON:BARC) analysts have revised their positions on two leading German automakers, downgrading Mercedes-Benz (OTC:MBGAF) Group AG to...
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Space firms plot new European satellite venture to take on Starlink
By Tim Hepher and Giulia Segreti PARIS/ROME (Reuters) – Europe’s Airbus, Thales (EPA:TCFP) and Leonardo are exploring plans to set...
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RBC favors Financials and Energy sectors heading into 2025, upgrades Comm. Svcs
Investing.com — RBC Capital Markets on Tuesday reiterated an Overweight rating on Financials and Energy sectors heading into 2025 and...
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Tesla’s China-made EV sales drop 4.3% in Nov
BEIJING (Reuters) -U.S. automaker Tesla (NASDAQ:TSLA)’s’s sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, data from...
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Chinese chip firms say they can withstand new US export curbs
By Eduardo Baptista and Heekyong Yang BEIJING/SEOUL (Reuters) – Chinese chip companies targeted by Washington with fresh export controls have...
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Nomura has space to cut a further $187 million in costs, CEO says
By Anton Bridge TOKYO (Reuters) -Japan’s largest securities firm Nomura Holdings (NYSE:NMR) has room to cut costs by a further...
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