Stock Market News

VW CEO clashes with workers as conflict over closures, pay deepens

VW CEO clashes with workers as conflict over closures, pay deepens

By Christoph Steitz FRANKFURT (Reuters) -Volkswagen’s CEO and labour boss clashed during a staff meeting on Wednesday, with management pushing…
Exclusive-Pernod Ricard denied breaching India law. Its lawyers said otherwise

Exclusive-Pernod Ricard denied breaching India law. Its lawyers said otherwise

By Aditya Kalra, Arpan Chaturvedi NEW DELHI (Reuters) -An internal investigation ordered by Pernod Ricard (EPA:PERP) concluded that top executives…
StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy

StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy

By Lawrence White and Selena Li LONDON/HONG KONG (Reuters) – Standard Chartered (OTC:SCBFF) (StanChart) will target $200 billion in new…
AI to continue boosting US stocks next year, BlackRock says

AI to continue boosting US stocks next year, BlackRock says

Investing.com — BlackRock (NYSE:BLK) predicts that the ongoing surge in AI will continue driving US stock performance and contribute to…
Novavax to sell Czech manufacturing unit to Novo Nordisk for $200 million

Novavax to sell Czech manufacturing unit to Novo Nordisk for $200 million

By Gnaneshwar Rajan and Maggie Fick (Reuters) -U.S.-based vaccine maker Novavax (NASDAQ:NVAX) said on Wednesday it will sell its manufacturing…
Okta jumps 17% after posting profit, revenue jump in Q3

Okta jumps 17% after posting profit, revenue jump in Q3

Investing.com — Shares of Okta Inc (NASDAQ:OKTA) surged over 17% in premarket trading Wednesday after the digital-identity verification provider reported a…
US senator blasts airlines for viewing passengers as ‘walking piggy banks’

US senator blasts airlines for viewing passengers as ‘walking piggy banks’

By David Shepardson WASHINGTON (Reuters) – The head of a U.S. Senate panel harshly criticized rising airline fees for luggage…
Novavax sells Czech manufacturing facility to Novo Nordisk for $200 mln

Novavax sells Czech manufacturing facility to Novo Nordisk for $200 mln

Investing.com — Novavax (NASDAQ:NVAX), a biotechnology company known for its protein-based vaccines, has entered into an agreement to sell its…
Rio Tinto lifts 2025 guidance for capex, copper output

Rio Tinto lifts 2025 guidance for capex, copper output

LONDON (Reuters) -Anglo-Australian mining group Rio Tinto (NYSE:RIO) on Wednesday lifted its capital expenditure guidance for 2025 and forecast higher…
Microchip Tech halts application for $162 mln CHIPS grant- Bloomberg

Microchip Tech halts application for $162 mln CHIPS grant- Bloomberg

Investing.com– Microchip Technology Inc (NASDAQ:MCHP) has paused its application for government subsidies under the CHIPS act, Bloomberg reported on Tuesday, after…
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