Airbnb drives short-term rental boom in tourist haven Rio
By Dani Morera Trettin and Fabio Teixeira RIO DE JANEIRO (Reuters) – When Carlos Eduardo Muzy first rented his beachside Rio de Janeiro apartment on Airbnb in 2019, he just…
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Stellantis shares drop to over 2-year low as investors question dividend
MILAN (Reuters) – Stellantis (NYSE:STLA) shares fell further on Thursday amid concerns over the sustainability of the automaker’s dividend following a profit warning earlier this week. The shares dropped over…
Japan airport shut after likely WW2-era bomb explodes near runway, 87 flights cancelled
By Kantaro Komiya TOKYO (Reuters) – A regional airport in southwest Japan was closed on Wednesday after a U.S. bombshell, likely dropped during World War Two to stem “kamikaze” attacks,…
Indonesia stocks lower at close of trade; IDX Composite Index down 1.75%
Investing.com – Indonesia stocks were lower after the close on Wednesday, as losses in the Infrastructure, Financials and Agriculture sectors led shares lower. At the close in Jakarta, the IDX…
Earnings call: Acuity Brands reports solid growth, strong outlook for FY2025
Acuity Brands, Inc. (NYSE: NYSE:AYI), a leading lighting and building management solutions company, reported a successful fiscal 2024 fourth quarter with net sales surpassing $1 billion, marking a 2% increase…
EU requests info from YouTube, Snapchat, TikTok on content algorithms
PARIS (Reuters) – The EU Commission requested information on Wednesday from YouTube, Snapchat and TikTok on the parameters used by their algorithms to recommend content to users and their role…
Diversions, disruptions: aviation grapples with Middle East escalation
By Joanna Plucinska LONDON (Reuters) -Rising tensions in the Middle East have created air travel chaos, with global airlines diverting or cancelling flights on Wednesday and regional airports, including Lebanon,…
Nike shares dip as forecast withdrawal worries investors about turnaround timeline
(Reuters) – Nike (NYSE:NKE) shares dropped about 6% in premarket trading on Wednesday after the company withdrew its annual revenue target, keeping investors guessing on the timeline for a turnaround…
Middle East uncertainty after Iran attack makes for tricky trading
By Amanda Cooper LONDON (Reuters) -Iran’s attack on Israel has rekindled the allure of safe havens and oil has surged, but with no clarity yet on how the Middle East…
Mercado Libre shares fall after JP Morgan downgrade citing credit, cost concerns
Investing.com — Shares of Mercado Libre (BMV:MELIN) (NASDAQ:MELI) were down 2% on Wednesday following a downgrade by JP Morgan. Previously rated as “overweight,” JP Morgan revised its stance on Mercado…