Stocks News

(Reuters) – A judge in Delaware on Sunday delayed by one day the start of trial in a $1.6 billion defamation lawsuit by Dominion Voting Systems against Fox Corp, a courthouse spokesperson said.

LONDON (Reuters) – Institutional Shareholder Services (ISS) has recommended Barclays investors re-elect all board members at its annual meeting in May, a move that may quell a backlash against bosses for their support of former CEO Jes Staley, as investigations into his links with sex trafficker

(Reuters) – Porsche AG expressed confidence regarding 2023 on Monday after posting a record year-on-year sales increase of 18% in the first quarter.

By Norihiko Shirouzu and Maki Shiraki (Reuters) – Nissan is developing growth plans in areas such as software and electric vehicles (EVs) independent of Renault SA as the automakers work to finalise terms of a sharply limited alliance, said seven people with knowledge of the matter.

(Reuters) – Global recruiter PageGroup Plc on Monday forecast a near 29% slump in its annual profit and said the challenging conditions it experienced towards the end of 2022 have continued into 2023.

COPENHAGEN (Reuters) – SAS will not be using the second tranche of its $700 million debtor-in-possession (DIP) term loan in the second quarter of the year, due to stronger than expected development of the airline’s liquidity, the airline said on Monday.

BERLIN (Reuters) – Production in Germany’s engineering sector rose by 3.2% in the first two months of 2023 compared with the same months last year as supply chain bottlenecks eased considerably, the VDMA engineering association said on Monday.

LONDON (Reuters) – Earnings season gets into full swing, while the first snapshot of business activity in April could provide a sense of how much pain the turmoil in the banking sector has inflicted on the world economy.

(Reuters) – Workers from Tesla’s Shanghai factory have taken the unusual step of posting on social media to appeal to Elon Musk and the Chinese public after being told over the weekend that a performance bonus had been cut.

By Dhara Ranasinghe, Samuel Indyk and Alun John

(Reuters) – A look at the day ahead in European and global markets from Wayne Cole.

HANOI (Reuters) – Vietnam’s electric vehicle maker VinFast said on Monday it had shipped a second batch of 1,879 longer-range VF 8 sport utility vehicles (SUVs), as it seeks to expand its foothold in overseas markets.

By Matthias Williams and John O’Donnell LONDON/FRANKFURT (Reuters) – Ukrainian forces are finding a growing number of components from China in Russian weapons used in Ukraine, a senior adviser in President Volodymyr Zelenskiy’s office told Reuters, as Western supplies are squeezed by sanctions.

By Ellen Zhang and David Kirton GUANGZHOU (Reuters) – Chinese exporters exhibiting their products at the country’s largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labour costs in response.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

SANTIAGO (Reuters) – Global copper producers are converging in Chile this week for their largest gathering since 2019, with talks expected to center on the industry’s growing M&A wave amid surging demand and tight supply for the metal anchoring the green energy transition.

By Julie Steenhuysen and Michael Erman (Reuters) – An experimental mRNA vaccine developed by Moderna Inc combined with Merck & Co’s blockbuster immunotherapy Keytruda cut the risk of death or recurrence of the most deadly skin cancer by 44% compared Keytruda alone, U.S. researchers reported at

By Steven Scheer JERUSALEM (Reuters) – Israeli Finance Minister Bezalel Smotrich on Sunday said Moody’s decision to cut the outlook for Israel’s sovereign credit rating was “not a big drama” and that the government’s plan to overhaul the judiciary would help the economy.

(Reuters) – Amazon.com’s voice assistant Alexa was down for thousands of users in the United States on Sunday, according to outage-tracking website Downdetector.com.

SHANGHAI (Reuters) – China’s electric vehicle (EV) maker Xpeng unveiled on Sunday a new platform it developed in-house for making vehicles, which it said will reduce the development and manufacturing costs for its company’s upcoming models.