Stocks News

BERLIN (Reuters) – Volkswagen called on Thursday for the implementation of new EU emissions standards to be pushed to at least autumn of 2026, slightly over a year later than planned, with the aim of all new cars meeting the standards by autumn 2027.

By Gleb Stolyarov and Alexander Marrow (Reuters) – A Russian court has ruled against freezing Volkswagen’s assets in Russia, stating there were no grounds to suggest the carmaker would try to dodge financial obligations arising from two lawsuits brought by Russian carmaker GAZ.

By Simon Jessop LONDON (Reuters) – Britain’s biggest asset manager, Legal & General Investment Management (LGIM), said on Thursday it would back a number of climate-focused shareholder resolutions at the annual meetings of leading U.S. and Canadian banks.

(Reuters) – Sarepta Therapeutics Inc’s shares fell as much as 19.4% premarket on Thursday as Stat News reported that the U.S. Food and Drug Administration’s staff were inclined to reject the company’s gene therapy which is currently under review.

(Reuters) – Pfizer said on Thursday it has signed a strategic cooperation agreement with China’s Sinopharm Group, and plans to seek approval to market 12 innovative drugs in China through 2025.

By Jeffrey Dastin (Reuters) – Amazon.com Inc did not grant its Chief Executive Andy Jassy any new stock in 2022, shrinking the pay gap between the online retailer’s top boss and rank-and-file employees, the company said Thursday in a securities filing.

Final demand prices experience decline in March, with goods prices as the main contributor

(Reuters) – Trading and investing platform eToro said on Thursday it has partnered with Elon Musk-led Twitter to let users access real-time prices for cryptocurrencies, stocks and others assets.

By Benjamin Mallet PARIS (Reuters) – French utility EDF has warned drawn-out strikes at its nuclear reactors and hydro-electricity plants have cost it 1 billion euros ($1.10 billion) in lost output and that it is reviewing hiring plans for the year, three sources said.

MILAN (Reuters) – Stellantis has managed to preserve a strong pricing power in North America, its CEO Carlos Tavares told shareholders on Thursday, in contrast with signs of pricing power declining for global automakers, with possible impacts on margins.

A look at the day ahead in U.S. and global markets from Mike Dolan

By Allison Lampert and Abhijith Ganapavaram

By Timothy Aeppel, Ben Klayman and Nichola Groom

HONG KONG (Reuters) – Chinese ride-hailing giant Didi Global showed off a robotaxi concept car it called “Didi Neuron” during a company event broadcast online on Thursday, which has robotic arms that can help passengers pick up bottles of water or carry their luggage.

HONG KONG (Reuters) – Shares of embattled Chinese property developer Sunac China fell 38% on Thursday morning after the stock resumed trade following a suspension of more than a year.

MILAN (Reuters) – Former Italian Prime Minister Berlusconi is continuing to show an improvement in his health but he remains in intensive care, the Milan hospital treating him for leukaemia and a lung infection said on Thursday.

PARIS (Reuters) – Renault on Thursday announced a long-term commercial partnership with French start-up Verkor for the supply of electric batteries with an overall capacity of 12 GWh per year, including for Renault’s future compact Alpine model.

SINGAPORE (Reuters) – Zurich-based Julius Baer has appointed Chin Lit Yee as its new head of South East Asia, the private bank said on Thursday.

HOUSTON (Reuters) – Chevron Corp (CVX.N) paid Chief Executive Michael Wirth $23.6 million last year, a 4% increase from a year before, according to securities filings released on Wednesday.

(Reuters) – Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, reported on Thursday a 16.4% rise in first-half operating profit.