Tesla Inc Chief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.
Ratings agency S&P downgraded Mexico's leasing firm Unifin's rating to 'D' on Tuesday in the midst of its debt restructuring process, according to a filing.
(RTTNews) - The Hong Kong stock market has moved lower in back-to-back sessions, sinking almost 200 points or 1 percent along the way. The Hang Seng now rests just above the 20,000-point plateau and it may take further damage on Wednesday.
U.S. Representative Jaime Herrera Beutler of Washington state on Tuesday conceded defeat in her open primary to fellow Republican Joe Kent, a candidate endorsed by former President Donald Trump, according to media reports.
Australian shares fell on Wednesday, dragged down by losses in technology stocks ahead of the U.S. inflation data and a2 Milk after the U.S. Food and Drug Administration deferred its request to import infant milk formula products into the United States.
(RTTNews) - The China stock market has climbed higher in four straight sessions, gathering almost 85 points or 2.6 percent along the way. The Shanghai Composite Index now rests just above the 3,245-point plateau although it's expected to spin its wheels on Wednesday.
U.S. manufacturing production probably peaked during the second quarter, though the data are noisy and conflicting, and a turning point may not become obvious until September or October.
(RTTNews) - Innovent Biologics Inc. (IVBXF.OB) said that a phase 2 study of picankibart in Chinese patients with moderate-to-severe plaque psoriasis met primary endpoint.
Picankibart is a recombinant anti-interleukin 23p19 subunit antibody injection.
Australia's Genex Power, which last week rejected a takeover offer, said on Tuesday it has agreed to acquire development rights to a large-scale battery and solar farm project it hopes to start building in late 2024.
Taiwan's national security officials want to force Apple Inc's supplier Foxconn to unwind an $800 million investment in Chinese chipmaker Tsinghua Unigroup, Financial Times reported on Wednesday.
Nick Kyrgios kept his recent hot streak alive with a 6-4 6-4 win over Sebastian Baez at the Canadian Open on Tuesday to set up a mouthwatering second-round showdown with world number one Daniil Medvedev.
Chicago corn futures ticked higher on Wednesday to trade near a one-week high touched in the previous session, as concerns over hot and dry weather in parts of the U.S. Midwest supported the market.
LATAM Airlines, Latin America's largest regional airline, reported a second-quarter net loss of $523.2 million on Tuesday, the company said in a statement, partially hurt by the high increase in fuel costs.
What happened
Shares of Skyx Platforms (NASDAQ: SKYX) plummeted on Tuesday, even though the company released a positive press release, and it's possibly for a troubling reason. As of 2:15 p.m. ET, Skyx Platforms stock was down 39%.