Tesla shares gain as Baird Equity adds stock to ‘best ideas’ list
(Reuters) – Electric-vehicle maker Tesla’s shares rose 4.5% on Monday, snapping a six-session losing streak, after brokerage Baird Equity Research…
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DuPont to sell majority stake in $1.8 billion Delrin resins unit
(Reuters) -Industrial materials maker DuPont De Nemours said on Monday it has agreed to sell an 80.1% stake in its…
U.S. stocks may start to question economic resilience, says Morgan Stanley
(Reuters) – The S&P 500 will likely struggle to make more headway after rallying almost 14% so far this year…
China state banks seen mopping up offshore yuan to stem currency weakness
SHANGHAI (Reuters) -China’s major state-owned banks were seen actively mopping up the offshore yuan on Monday, three people with knowledge…
Factbox-Big brokerages cut China growth forecast on growing worries over property sector
(Reuters) – Seven major brokerages cut China’s economic growth forecast for the year as worries about contagion from debt repayment…
Explainer-Maui inferno: What are the deadliest wildfires in US history?
By Stephen Culp (Reuters) -The Maui wildfires in Hawaii have killed at least 114, making it the deadliest U.S. wildfire…
China surprises with modest rate cut amid growing yuan risks
SHANGHAI/SINGAPORE (Reuters) -China cut its one-year benchmark lending rate on Monday as authorities seek to ramp up efforts to stimulate…
How airlines cope with price surge during disasters
By Allison Lampert and Doyinsola Oladipo (Reuters) -Canadians vented their frustration against airlines on social media last week after prices…
Marketmind: Bonds burn on as China rate cut underwhelms
A look at the day ahead in U.S. and global markets from Mike Dolan There’s been little let up in…
Arm IPO to put SoftBank’s AI hard sell to the test
By Anton Bridge TOKYO (Reuters) – When SoftBank Group-owned chip designer Arm files for a Nasdaq IPO on Monday, investors…