Meme stock AMC jumps as investors cheer stock conversion plan halt
By Medha Singh (Reuters) -Shares of retail traders’ favorite AMC Entertainment Holdings soared on Monday after a U.S. court blocked…
July 2023
Tesla to discuss factory plan for new $24,000 car with India commerce minister -source
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – Tesla representatives are set to meet India’s commerce minister this…
Public Storage to acquire Simply Self Storage for $2.2 billion
(Reuters) -Self-storage operator Public Storage said on Monday it has entered a deal to buy Simply Self Storage from Blackstone…
Mexico’s July inflation eases to lowest in two years
(Reuters) -Mexico’s headline inflation rate eased to 4.79% in the first half of July to its lowest level in more…
Wall Street heavyweights mixed ahead of Nasdaq 100 rebalance
(Reuters) -Shares of Wall Street’s most valuable companies were mixed on Friday ahead of a rebalance of the Nasdaq 100…
China property giants tumble as cash crunch bites
By Jason Xue and Tom Westbrook SHANGHAI/SYDNEY (Reuters) -Stocks and bonds in China’s real estate industry fell to around eight-month…
Terra Firma founder Guy Hands steps down from company’s helm
LONDON (Reuters) -Guy Hands, one of Britain’s highest profile financiers, has stepped down as chairman of Terra Firma Capital Partners,…
Philips shares retreat after fourth straight drop in order intake
By Diana Mandia (Reuters) -Health technology group Philips posted a fourth straight drop in order intake on Monday and warned…
Spain’s uncertain election result: Five questions for markets
(Reuters) – Spanish shares tumbled on Monday, with markets spooked by the prospect of political gridlock following a snap election…
Before election, UK’s Sunak recommits to housing promises
By Elizabeth Piper LONDON (Reuters) -British Prime Minister Rishi Sunak recommitted on Monday to promises to boost homebuilding by the…