Stocks News

OSLO (Reuters) – Truck maker AB Volvo reported record first-quarter profits as revenue and margins rose, a preliminary filing showed late on Tuesday, in a sign the Swedish company had begun to overcome bottlenecks and inflation that hampered the industry.

(Reuters) -Twitter Inc CEO Elon Musk said on Wednesday the social media company is “roughly breaking even,” as most of its advertisers have returned.

SINGAPORE (Reuters) – The U.S. arm of cryptocurrency exchange Binance said it will remove digital asset tokens TRON and Spell from its trading platform, sending the prices of both down sharply on Wednesday.

A look at the day ahead in European and global markets from Ankur Banerjee

By David Carnevali and Anirban Sen NEW YORK (Reuters) – Industrial conglomerate Emerson Electric is in advanced talks to acquire National Instruments Corp, people familiar with the matter said on Tuesday.

(Reuters) – Several major U.S. banks who contributed a significant portion of the $30 billion in deposits to aid First Republic Bank last month, are now planning to bolster their reserves by setting aside around $100 million each, Bloomberg reported.

By Tom Hals WILMINGTON, Delaware (Reuters) – A judge said Fox News had a “credibility problem” as it prepares for a $1.6 billion defamation trial after the company disclosed for the first time in nearly two years of litigation that Rupert Murdoch was an officer of

TOKYO (Reuters) – Goldman Sachs Group Inc said on Wednesday it is launching its transaction banking business for corporate clients in Japan, as the U.S. investment bank expands in the world’s third-largest economy.

SYDNEY (Reuters) – Macquarie Group has hired Credit Suisse’s top Australian dealmaker Dragi Ristevski, according to a memo from the bank.

(Reuters) – The U.S. State Department has approved the potential sale of HIMARS artillery rocket systems and related equipment to Morocco in a deal valued at up to $524 million, the Pentagon said on Tuesday.

By Noele Illien and John Revill BERN (Reuters) – Since Switzerland’s authorities last month pulled out all the stops to rush through a rescue of Credit Suisse, a storm has been brewing in the normally tranquil country.

By David Shepardson WASHINGTON (Reuters) – A major transport union on Tuesday opposed a request filed by Alphabet’s self-driving unit Waymo and autonomous driving technology company Aurora for an exemption from rules on warning devices for large semi-trucks, citing safety issues.

By Dawn Chmielewski and Lisa Richwine (Reuters) – Florida Governor Ron DeSantis’s newly formed oversight board is seeking to assert control over development in two cities where Walt Disney World Resort is located, the latest twist in a battle for authority over the company’s Florida theme

By Suban Abdulla LONDON (Reuters) – British homes sales recovered to within a whisker of pre-pandemic levels in March, representing a recovery from September when the failed economic plan of former prime minister Liz Truss sparked turmoil across markets, a survey showed on Wednesday.

LONDON (Reuters) – Glencore on Tuesday proposed introducing a cash component to its takeover offer of Teck Resources and urged the board to delay an impeding shareholder vote on its restructuring plan.

By Dietrich Knauth (Reuters) – A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy, telling a U.S. judge it can quickly build consensus around its $8.9 billion settlement offer despite doubts about its assertion that 60,000 plaintiffs would

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

By David Shepardson WASHINGTON (Reuters) – The House of Representatives is set to vote next week on a bill to crack down on Chinese telecommunications companies Huawei and ZTE Corp that have been deemed security threats by the U.S. government.

By David Lawder and Hannah Lang WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam global growth this year, but urged member countries to keep tightening monetary policy to fight persistently

By Selena Li HONG KONG (Reuters) – Asia stocks posted gains on Tuesday, boosted by investor optimism that the region’s central banks will continue to pause or end interest rate hike cycles, whatever action the U.S. Federal Reserve takes. MSCI’s