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What are the consequences of Trump 2.0 for APAC stocks? CLSA weighs in
Posted inStock

What are the consequences of Trump 2.0 for APAC stocks? CLSA weighs in

Investing.com– Donald Trump is set for a second term after winning the 2024 presidential election, with CLSA analysts stating that his protectionist policies and plans for local tax breaks could…
Posted by November 8, 2024
Qantas plane lands safely in Sydney after engine failure
Posted inStock

Qantas plane lands safely in Sydney after engine failure

SYDNEY (Reuters) – A Qantas flight bound for Brisbane made an emergency landing in Sydney airport after passengers heard a loud bang from one of its engines, Australian media reported…
Posted by November 8, 2024
Asia stocks upbeat after Fed rate cut; China stimulus awaited
Posted inStock

Asia stocks upbeat after Fed rate cut; China stimulus awaited

Investing.com– Most Asian stocks rose on Friday, tracking strength in Wall Street after the Federal Reserve cut interest rates as expected, while anticipation of more fiscal stimulus in China also…
Posted by November 8, 2024
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
Posted inStock

Rivian reassures investors with cost cuts, green credit sales amid weak EV demand

By Akash Sriram and Abhirup Roy (Reuters) -Rivian said on Thursday it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a…
Posted by November 8, 2024
KKR becomes largest shareholder in Fuji Soft after successful tender offer
Posted inStock

KKR becomes largest shareholder in Fuji Soft after successful tender offer

(Reuters) – Private equity firm KKR has become the largest shareholder in Japanese software developer Fuji Soft after completing the first stage of a two-part tender offer, KKR said in…
Posted by November 8, 2024
Icahn plans raising stake in oil refiner CVR, WSJ reports
Posted inStock

Icahn plans raising stake in oil refiner CVR, WSJ reports

(Reuters) – Icahn Enterprises LP (NASDAQ:IEP) plans to raise its stake in U.S. oil refiner CVR Energy (NYSE:CVI) by more than 20%, the Wall Street Journal reported on Thursday. The…
Posted by November 8, 2024
Sunscreen-maker Edgewell looks to lock in Chinese chemicals supply ahead of Trump tariff hikes
Posted inStock

Sunscreen-maker Edgewell looks to lock in Chinese chemicals supply ahead of Trump tariff hikes

By Jessica DiNapoli NEW YORK (Reuters) -U.S. sunscreen-maker Edgewell Personal Care (NYSE:EPC) will look to reach new two- to three-year contracts for Chinese chemicals to help control costs as the…
Posted by November 8, 2024
Icahn Enterprises plans to halve dividend, increase CVR Energy stake- WSJ
Posted inStock

Icahn Enterprises plans to halve dividend, increase CVR Energy stake- WSJ

Investing.com– Icahn Enterprises LP (NASDAQ:IEP), led by the eponymous activist investor, plans to slash its dividend by half to fund a substantial increase in its stake in CVR Energy Inc…
Posted by November 8, 2024
Asian stocks climb on Wall Street’s lead; dollar sags after Fed cut
Posted inEconomy

Asian stocks climb on Wall Street’s lead; dollar sags after Fed cut

By Kevin Buckland TOKYO (Reuters) – Asian stocks rose broadly on Friday, tracking Wall Street’s overnight rise to record highs, as investors digested the Federal Reserve’s message for careful interest…
Posted by November 8, 2024
Boeing to repay furloughed workers for lost pay, the Air Current editor says
Posted inStock

Boeing to repay furloughed workers for lost pay, the Air Current editor says

(Reuters) – Boeing (NYSE:BA) CEO Kelly Ortberg told workers furloughed during the seven-week strike that their lost pay would be repaid by the company, the Air Current editor Jon Ostrower…
Posted by November 8, 2024

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