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Investing

Burberry to cut 18% of global workforce in cost-saving push amid turnaround efforts

Burberry is set to cut as many as 1,700 jobs worldwide as part of a wider cost-cutting effort, as the British fashion…
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Investing

Archer Aviation stock analysis: ACHR nears make-or-break point

Archer Aviation stock price has surged and is nearing an important make-or-break point as focus shifts to its commercialization. ACHR has formed…
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Investing

Asian markets close: Hong Kong surges, Nikkei pauses; Sensex ends 182 pts higher

A wave of cautious optimism swept through Asia-Pacific markets on Wednesday, with most major indices posting gains as investors carefully evaluated the…
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Investing

Burberry share price jumps 15% on cost cuts and upbeat results; analysts urge caution, say Asian market still a concern

Shares in Burberry surged more than 15% on Wednesday after the company unveiled plans to cut about 1,700 jobs globally as part…
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Investing

US-China trade truce lifts China’s economic outlook and equities: these Chinese stocks could benefit

Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war…
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Investing

Europe markets open: stocks look higher; earnings from Bayer, SoftBank in focus

European stock markets opened with modest gains on Tuesday, attempting to build on the previous session’s rally, though an undercurrent of caution…
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Investing

China lifts ban on Boeing jet deliveries after trade thaw with US: report

China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar…
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Investing

Coinbase stock price could surge by 70% after S&P 500 inclusion

Coinbase stock price jumped in the pre-market on Tuesday as the company prepares to join the blue-chip S&P 500 Index. It rose…
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Investing

Asian markets mixed on Tuesday: Hang Seng slips 2%, Nikkei rallies 1.4%

Asian equities ended mixed on Tuesday, as the initial optimism surrounding the weekend’s US-China trade agreement gave way to caution. Investors scaled…
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Investing

Trump to sign executive order slashing drug prices today: Asian pharma stocks fall, analysts flag downsides

President Donald Trump announced on Sunday evening that he would sign an executive order aimed at reducing prescription drug prices in the…
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