Chinese New Year Slows Volvo Cars’ Sales Growth In January
STOCKHOLM (Reuters) -Sweden-based Volvo Car AB said on Friday its sales increased by 2% year-on-year in January to 48,520 cars,…
2023
Billionaire Cohen Builds Stake In Nordstrom, Urges Board Shakeup
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and…
Qualcomm Sees Earnings Below Street As Smartphone Market Sags
By Chavi Mehta and Jane Lanhee Lee BANGALORE/OAKLAND Calif (Reuters) – Qualcomm Inc forecast second-quarter revenue and profit below Wall…
South Korea Braces For Tough H1, Promises Support For Exports, Investment
SEOUL (Reuters) – South Korea’s finance minister said on Friday the country’s exports and investment would be weak at least…
Alphabet Misses Street Estimates As Ad Business Slips After Pandemic Run-up
By Unknown f70e0fa1-f662-4c5f-a841-bbe5694475cb and Nivedita Balu (Reuters) -Alphabet Inc on Thursday fell short of Wall Street expectations for fourth-quarter profit…
Marketmind: Communication Breakdown
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Fed, ECB,…
Gautam Adani In Talks To Prepay Share Pledges To Boost Confidence – Bloomberg News
(Reuters) -Adani Group Chairman Gautam Adani is in talks with lenders to prepay and release pledged shares as he seeks…
Nasdaq, S&P 500 Jump On Meta Rise, Fed Relief
By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – The Nasdaq and S&P 500 jumped and touched roughly…
Markets To Central Bankers: We Don’t Believe You
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Central bank policy announcements, once viewed as the rule book for…
Adani’s Market Losses Top $100 Billion As Crisis Shockwaves Spread
By Aftab Ahmed, Chris Thomas and Aditya Kalra NEW DELHI/MUMBAI (Reuters) -Adani’s market losses swelled above $100 billion on Thursday,…