LoginSpirit's Demise Is a Lesson in 'Airline-o-nomics'
22 November 2024 at 05:01
Carrier wrongly thought that breakneck growth and aggressive discounting were enough to create a competitive moat.
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Today — 22 November 2024U.S. Finance & Business
DirecTV and Dish Satellite Merger Crashes, Again
22 November 2024 at 03:05
A tie-up meant to help struggling satellite-TV companies is falling apart after creditors balked at a proposal to cut into their holdings.
GQG Launches Buyback After Stock Tumbles on Adani Probe
22 November 2024 at 02:20
One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.
Oil Rises on Worries Over Escalation of Russia-Ukraine War
22 November 2024 at 01:59
Oil edged higher in early Asian trade. The escalation of the Russia-Ukraine war was pushing prices higher.
Gold Consolidates Amid Mixed Signals
22 November 2024 at 01:02
Gold consolidated in the early Asian session amid mixed signals.
Singapore Dollar Steady, Underpinned by Solid 3Q GDP
22 November 2024 at 00:59
Singapore dollar is trading steadily against its U.S. counterpart in the Asian session, underpinned by the resiliency of Singapore’s economy amid global uncertainties.
JGBs Edge Lower, Weighed by Pickup in Japan's Underlying Inflation
22 November 2024 at 00:56
Japanese government bonds edged lower in early Tokyo trade, weighed by Japanese economic data released earlier that showed a pickup in underlying inflation.
Yesterday — 21 November 2024U.S. Finance & Business
New Zealand Shares Jump 2.2%, Marks Highest Close Since January 2022
22 November 2024 at 02:03
New Zealand’s NZX-50 jumped 2.2% to 13041.90, closing at the highest level since January 2022, with gains led by The a2 Milk Company.
Energy & Utilities Roundup: Market Talk
21 November 2024 at 21:57
Read about oil prices, Iberdrola, Technip Energies and more in the latest Market Talks covering energy and utilities.
© mike blake/Reuters
Financial Services Roundup: Market Talk
21 November 2024 at 21:57
Find insight on Citadel CEO Ken Griffin, the Bank of Canada, Singapore Exchange, BBVA and more in the latest Market Talks covering financial services.
© carlo allegri/Reuters
Temu Owner PDD Misses Forecasts as Revenue Growth Slows
21 November 2024 at 21:53
The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.
© florence lo/Reuters
Auto & Transport Roundup: Market Talk
21 November 2024 at 21:52
Find insight on Qube Holdings, Volkswagen, Jet2 and more in the latest Market Talks covering the auto and transport sector.
© imelda medina/Reuters
Gap Raises Full-Year Outlook With Strong Start to Holiday Season
21 November 2024 at 21:48
The apparel retailer said it now expects full-year sales to grow between 1.5% and 2%. Gap had most recently guided for sales to be up slightly.
© Mario Tama/Getty Images
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WSJ.com: US Business
- Intuit Maintains Full Year Guidance; CEO Says Trump Administration Won't Build Tax-Filing App
Intuit Maintains Full Year Guidance; CEO Says Trump Administration Won't Build Tax-Filing App
21 November 2024 at 21:44
President-elect Donald Trump’s incoming administration doesn’t “want to add to the bureaucracy and they don’t want to add investments to create something…that already exists,” said Chief Executive Sasan Goodarzi.
© Andrew Harrer/Bloomberg News
Elon Musk Jabs at Billionaire Rival Jeff Bezos Over Trump
21 November 2024 at 18:19
The world’s two richest men got into it on Musk’s social-media platform X over the election.
© John Locher/Associated Press; Andrew Harnik/Getty Images
Building-Materials Provider Quikrete in Advanced Talks to Buy Summit
21 November 2024 at 18:18
Quikrete is in advanced talks to acquire Summit Materials, according to people familiar with the matter.
© Jeremy Erickson/Bloomberg News
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- Volkswagen Faces Prospect of Strikes in December as Talks With Unions Set to Continue
Volkswagen Faces Prospect of Strikes in December as Talks With Unions Set to Continue
21 November 2024 at 17:57
Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from lower-cost Chinese competitors.
© Krisztian Bocsi/Bloomberg News
Basic Materials Roundup: Market Talk
21 November 2024 at 17:30
Find insight on Petronas Chemicals, LG Chem and more in the latest Market Talks covering basic materials.
© anglo american/Reuters
BJ's Wholesale Club to Raise Annual Membership Cost, Ups Guidance
21 November 2024 at 16:23
The bulk retailer raised its earnings guidance after announcing it would increase its annual membership fee for the first time in seven years and add more fresh food to its shelves.
© Scott McIntyre/Bloomberg News
