Japan stocks lower at close of trade; Nikkei 225 down 0.73%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Marine Transport, Insurance and Railway & Bus sectors led shares lower. At the close in…
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Shoe Zone shares plunge over 40% after profit warning and dividend suspension
Investing.com — Shares of Shoe Zone Plc (LON:SHOE) tumbled by more than 40% on Wednesday after the retailer issued a grim trading update, citing challenging market conditions and a sharp…
STOXX 600 flat ahead of Fed decision, Renault jumps
(Reuters) – European stocks were little changed on Wednesday as caution prevailed ahead of the Federal Reserve’s policy decision and outlook, outweighing a rise in Renault (EPA:RENA) on talks of…
UniCredit raises stake in Commerzbank to 28%
Investing.com — UniCredit SpA (BIT:CRDI) said on Wednesday that it had increased its potential stake in Germany’s Commerzbank (ETR:CBKG) to 28% through new derivative agreements, up from 21% previously. The…
Jefferies upgrades Packaging Corp of America on strong market position and outlook
Investing.com — Jefferies analysts have upgraded Packaging Corporation of America (NYSE:PKG) to a “buy” rating, reflecting confidence in the company’s potential to outperform the market in the coming year. This…
Honda Nissan merger would be mostly positive for Renault: Jefferies
Investing.com — According to a report by Nikkei, Honda (NYSE:HMC) and Nissan (OTC:NSANY) Motor (TYO:7201) are considering entering negotiations for a potential merger, which could also involve Mitsubishi Motors Corp.…
European markets open mixed as investors await Fed decision
Investing.com — European markets traded in mixed fashion on Wednesday as investors await key developments from the U.S. Federal Reserve. As of 3:13 ET (8:13 GMT), Germany’s DAX index was…
Australia’s Qantas to pay $76 million to former employees
(Reuters) -Australia’s Qantas Airways said on Tuesday that it has reached a settlement with the Transport Workers Union (TWU) for compensation of A$120 million ($76.2 million) that it will pay…
Europe’s carmakers discount EVs, hike petrol car prices as new emissions rules loom
By Gilles Guillaume and Alessandro Parodi PARIS/GDANSK (Reuters) – European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge…
Canada government adrift after finance minister resigns, Trump tariffs loom
By David Ljunggren OTTAWA (Reuters) – The abrupt resignation of Canada’s finance minister leaves the government adrift less a month before the inauguration of a new U.S. administration that could…