BERLIN (Reuters) – Volkswagen’s core brands, including VW Passenger Cars, Skoda, SEAT/CUPRA and Commercial Vehicles, reported a 4.3% drop in…
Month: March 2025
Investors bought Magnificent 7 ETF amid downturn, data shows
By Suzanne McGee (Reuters) – Individual investors snapped up shares of an exchange-traded fund tied to the “Magnificent Seven” group…
SentinelOne issues dour revenue forecasts, shares slump
(Reuters) -SentinelOne forecast its first-quarter and annual revenue below Wall Street estimates on Wednesday, hurt by tough competition and softer…
JPMorgan scoops over 5% stake in mining major Rio Tinto
(Reuters) -JPMorgan Chase has taken a 5.36% stake in Australia’s mining conglomerate Rio Tinto, an exchange filing to the local…
Morning Bid: Finally, a bounce on Wall Street. But for how long?
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets Investors breathed a…
Kimmeridge eyes more Canada oil and gas activism amid trade war, underperformance
By David French HOUSTON (Reuters) – Kimmeridge Energy Management will pursue more activism among Canadian oil and gas producers, a…
Bank of America cuts 150 junior jobs in investment banking, sources say
By Saeed Azhar and Svea Herbst-Bayliss NEW YORK (Reuters) -Bank of America has eliminated 150 junior banker jobs in its…
Uber ends Foodpanda Taiwan acquisition after regulatory hurdles
(Reuters) -Uber has terminated its $950 million bid for Delivery Hero’s Foodpanda business in Taiwan, the food delivery company said…
Morning Bid: Another sea of red as tariffs trump ceasefire hopes
By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets Wall Street’s failure…
Trump to sign executive order on disaster relief on Monday
WASHINGTON (Reuters) -U.S. President Donald Trump plans to sign an executive order on Monday designed to empower state and local…