American Airlines falls 3% premarket after dismissing United megamerger
American Airlines stock fell after it dismissed talk of a potential merger with United, citing antitrust concerns and potential harm to competition.
UniCredit boss plots Commerzbank shake-up as lender continues its takeover pursuit of German rival
UniCredit’s CEO said the combination would deliver “significant cross-border value” and investment “firepower”.
These are HSBC’s favorite stocks this earnings season
Alphabet and Amazon are among HSBC’s top picks this earnings season, according to a recent note to clients.
China calls for ‘concerted’ industry efforts to tackle excess solar production
China is the undisputed global leader in solar energy, making more than 80% of the world’s solar panel components.
Major 7.5-magnitude quake hits off Japan, tsunami warning issued
The tremor had an epicentre in the Pacific Ocean and was 10 km deep, according to the Japan Meteorological Agency.
European stocks set to slump as Gulf tanker attacks threaten ceasefire
European stocks are expected to start the new trading week on a somber note as traders assess a re-acceleration in U.S.-Iran tensions.
‘Resumption of hostilities’: seized ship, vessel attacks push U.S.-Iran ceasefire toward brink
A U.S. seizure of an Iranian cargo ship and reports of vessels coming under fire in the Gulf have pushed a fragile ceasefire with Tehran to the brink.
Japan’s Mitsubishi Heavy Industries sees shares jump nearly 4% on first ever warship export deal
This will be Japan’s first ever warship export project, and the first ship is scheduled to be delivered to the Royal Australian Navy in 2029.
How private credit’s cracks are threatening to deepen private equity’s woes
Private credit’s rapid rise was key to global dealmaking over the past decade. Now, signs of strain in the $3 trillion market are spilling into private equity.
China keeps benchmark lending rates unchanged as economic growth revs up, Mideast risks loom
The upbeat economic growth has reduced the urgency for fresh stimulus measures, prompting economists to postpone forecasts on the timing of interest rate cuts.