Indian low-cost carrier SpiceJet Ltd said on Tuesday it has entered into a settlement agreement with aircraft lessor Goshawk Aviation Ltd and its affiliates related to three Boeing aircraft.
HONG KONG (Reuters Breakingviews) - There’s a place for the hybrid electric car. Activists are attacking companies like Toyota for not ditching them fast enough in favour of purely battery-powered cars, while politicians prepare to wind do
Activist investor Elliott Management has sold almost all of its remaining shares in SoftBank Group Corp after previously investing as much as $2.5 billion, the Financial Times reported on Tuesday citing unnamed sources.
Swedish fashion giant H&M's official store on Alibaba's Tmall e-commerce platform has re-opened, 16 months after the Chinese site took it down following the brand's criticisms of human rights abuses in Xinjiang.
Indian shares opened higher on Tuesday, as data showing consumer inflation eased for a third straight month raised hopes that the central bank may rein in the pace of its rate hikes next month.
India's headline retail inflation that eased for the third straight month in July is expected to remain above the central bank's upper tolerance range in the near term, necessitating more rate hikes in coming months, analysts said.
Copper rose on Tuesday, tracking upbeat sentiment in the U.S. markets on prospects that the Federal Reserve can achieve a soft landing for the economy, but gains were limited as weak China data clouded demand outlook in the biggest consumer.
The Australian and New Zealand dollars were fighting a rearguard action on Tuesday after dismal data from China and the United States rekindled worries about a global downturn and undermined commodity prices.
NortonLifeLock Inc. (NASDAQ: NLOK) stock price dropped 14% from $28 in 2017 end, to around $24 currently, primarily due to unfavorable changes in its P/S multiple. The company actually witnessed a steady rise in revenue per share over this period, helped by a rise in sales and
Snap’s stock (NYSE: SNAP) has lost approximately 76% YTD as compared to the 12% drop in the S&P500 index over the same period. That said, at its current price of $11, it is trading 39% below the fair value of $18 – Trefis’ estimate for Snap’s valuation
We think FedEx stock (NYSE: FDX) and UPS stock (NYSE: UPS) may offer similar returns over the next few years. Still, FedEx looks more attractive due to its comparatively lower valuation. FDX stock is trading at 0.6x trailing revenues, compared to 1.4x for UPS. Howeve
Activision Blizzard stock (NASDAQ: ATVI) reported its Q2 results earlier this month, with revenue coming in above and earnings being in line with the consensus estimates. Activision Blizzard’s revenue of $1.6 billion reflected a 28% y-o-y decline on a GAAP basis, while its
(RTTNews) - The Singapore stock market has finished lower in back-to-back sessions, sinking more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just above the 3,255-point plateau although it may stop the bleeding on Tuesday.
Former Australian Prime Minister Scott Morrison on Tuesday defended taking on extra ministerial roles without his cabinet's knowledge during the COVID-19 pandemic, saying it was "an unprecedented time" and that the powers served as a safeguard.
Tassal Group said on Tuesday it had accepted a sweetened A$5.23 per share takeover offer from Canadian aquaculture company Cooke Inc, giving the Australia-based salmon producer an enterprise value of A$1.70 billion ($1.19 billion).
(RTTNews) - The Malaysia stock market on Monday snapped the two-day winning streak in which it had gathered almost 15 points or 1 percent. The Kuala Lumpur Composite Index new rests just beneath the 1,505-point plateau although it's expected to see renewed support on Tuesday.