Stock Market News
VW CEO clashes with workers as conflict over closures, pay deepens
04.12.2024
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
04.12.2024
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
04.12.2024
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
04.12.2024
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
04.12.2024
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
04.12.2024
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’
04.12.2024
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
04.12.2024
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
04.12.2024
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
04.12.2024
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…