Australian pilots union rejects Qantas Airways’ wage proposal
(Reuters) – The Australian pilots union said on Tuesday that it has rejected a wage proposal from Qantas Airways for its short haul pilots, days after the company’s engineers went…
CVC-backed Moove Lubricants targets up to $1.9 billion valuation in US IPO
(Reuters) -Brazil’s Moove Lubricants, backed by European private equity firm CVC Capital Partners, set a target of up to $1.94 billion valuation on Tuesday for its U.S. initial public offering.…
McCormick shares jump 4% on Q3 earnings and revenue beat
HUNT VALLEY, Md. – McCormick & Company (NYSE:MKC) reported third-quarter earnings that beat analyst expectations, sending shares up 4.5% in premarket trading Tuesday. The spice and flavoring maker posted adjusted…
Boeing shares dip premarket on report planemaker is weighing $10 bn stock sale
Investing.com — Shares in Boeing Co (NYSE:BA) dipped in premarket US trading on Tuesday after Bloomberg News reported that the aerospace giant is mulling possibly raising at least $10 billion from…
Tesla stock: What will it take to turn Elon Musk’s DREAMS into reality?
Investing.com — Tesla (NASDAQ:TSLA)’s long-term potential as an AI powerhouse might be closer than ever, according to Morgan Stanley. The investment bank said in a note Tuesday that it believes…
Boeing weighs raising at least $10 billion selling stock, Bloomberg News reports
(Reuters) – Boeing (NYSE:BA) is considering raising at least $10 billion by selling new stock, Bloomberg News reported on Tuesday, citing people familiar with the discussions. The planemaker is working…
Greece to sell 10% stake in National Bank of Greece, targeting up to €727 million
Greece is poised to sell a 10% stake in the National Bank of Greece (NBG) as it continues its broader privatization efforts, which have seen the state reduce its holdings…
As the IHG share price soars, does it have more upside?
Intercontinental Hotels Group (IHG) share price has done well this year, rising by over 24% in London. It soared to a high of 8,345p, its highest point since July 17,…
What’s fuelling the surge in China’s property stocks?
Shares of Chinese property developers soared on Monday following the introduction of significant easing measures in major cities across mainland China. The moves, designed to rejuvenate homebuyer sentiment, come after…
Stellantis plunges 14% after lowering forecast: what’s driving the struggles?
Stellantis NV lowered its annual forecasts on Monday, citing increasing costs related to restructuring its US business and intensifying competition from Chinese electric vehicle (EV) makers, triggering a more than…