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Court favors Apollo's Leon Black in defamation claim case

-- A New York state appeals court ruled in favor of billionaire investor Leon Black on Thursday, dismissing a defamation claim brought by Guzel Ganieva. Ganieva had...

American Express settles sales practice probes for $230 million

NEW YORK - American Express Co (NYSE:AXP). has reached settlements with U.S. regulatory authorities over investigations into its past sales practices targeting small business...

UBS sees potential in Argentina stock market following fiscal milestone

UBS Financial Services noted that Argentina has achieved a significant economic turnaround, eliminating a fiscal deficit that exceeded 4% of GDP within a single year. This...

Philip Morris stock rises on FDA's first nicotine pouch approval

-- Shares of Philip Morris International Inc. (NYSE:PM) rose 1% following the U.S. Food and Drug Administration's (FDA) authorization of 20 ZYN nicotine pouch...

Citi rates Southwest stock sell, says earnings quality declining

-- Citi downgraded Southwest Airlines (NYSE:LUV) Co. to "Sell" from "Neutral" on declining earnings quality and weaker cash flow conversion compared to pre-pandemic...

Moody's says LA fire may pose risk to Southern California Edison

NEW YORK (Reuters) - The Eaton (NYSE:ETN) Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates...

Trump mulls executive order to keep TikTok afloat amid legal ban

-- President-elect Donald Trump is contemplating an executive order to permit TikTok to continue operations in the United States, despite a looming legal ban,...

Luxury firms, chipmakers lift Europe's STOXX 600 to five-week high

By Shashwat Chauhan and Pranav Kashyap (Reuters) - European shares rose nearly 1% on Thursday, with luxury stocks boosted by Richemont (SIX:CFR)'s upbeat earnings update and...

U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.13%

– U.K. stocks were higher after the close on Thursday, as gains in the Industrial Engineering, Support Services and Aerospace & Defense sectors led shares higher. At...

Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.58%

– Sweden stocks were higher after the close on Thursday, as gains in the Healthcare, Industrials and Technology sectors led shares higher. At the close in Stockholm,...

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