Raiffeisen Slumps After Confirming OFAC Request For Information On Russia Business
Shares in Raiffeisen Bank International (VIE:RBIV) slumped in early trade in Vienna on Monday, hurt by a report that it...
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Maersk Nears Complete Russia Exit After Selling Logistics Sites
Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development...
Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a...
Palantir Posts First Quarterly Profit Following New Contract Wins
Palantir (NYSE:PLTR) reported its first-ever quarterly profit, as well as a top- and bottom-line beat in the final three months...
Toshiba Cuts Full-Year Profit Estimate, COO Resigns
Japan's Toshiba (OTC:TOSYY) Corp on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings estimate...
Analysis-In China, Tesla Could Win Electric Vehicle Price Battle – But Lose The War
Slashed prices have given Tesla (NASDAQ:TSLA)'s China sales a pop, but analysts, and even fans, warn the U.S. automaker needs...
Nissan, Renault To iInvest $600 Million To Make New Models In India
Nissan (OTC:NSANY) Motor Co and Renault SA (OTC:RNLSY) said on Monday they would invest $600 million to make six new...
Exclusive-SoftBank’s Arm China Lays Off Workers As Outlook Grim -Sources
SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with...
Exclusive-Intel Weighs Boost To Investment In Vietnam Chip Packaging Plant -Sources
Intel Corp is considering a significant increase in its existing $1.5-billion investment in Vietnam to expand its chip testing and...
Australia’s Central Bank Revises Up Inflation Forecasts As Further Rate Hikes Flagged
Australia's central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases...