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TikTok's fate divides Trump and fellow Republicans as Supreme Court action looms

By Andrew Chung WASHINGTON (Reuters) - While President-elect Donald Trump has asked the Supreme Court to block a looming U.S. ban on TikTok in a major case being argued on Friday...

VW managers to take combined 300-million-euro pay cut, reports local newspaper

BERLIN (Reuters) - Volkswagen (ETR:VOWG_p)'s management will take pay cuts adding up to over 300 million euros ($310.08 million) by 2030, according to comments by VW human...

Tariffied? Markets feeling the most pinch from Trump tariff risks

LONDON (Reuters) - From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump's promise to jack up tariffs when he becomes U.S. president in less...

Ashmore downgraded by Jefferies to 'hold' amid EM headwinds

-- Shares of Ashmore Group (LON:ASHM) fell over 2% on Wednesday following a downgrade by analysts at Jefferies, who revised their rating to "hold" from "buy." This...

European stocks mostly lower; German economic data disappoints

- European stock markets broadly retreated Wednesday, with investors cautious as they digested the region’s economic outlook. At 03:05 ET (08:05 GMT), the DAX index...

Stocks slip, dollar boosted by US rate outlook

By Ankur Banerjee SINGAPORE (Reuters) -Global stocks slid, with European shares set for a weak open on Wednesday as worries over U.S. inflation resurfaced and bond yields spiked,...

Shell warns of weaker fourth quarter LNG, oil trading

By Ron Bousso and Arunima Kumar LONDON (Reuters) - Shell (LON:SHEL) trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas...

Flutter cuts US outlook amid NFL betting boom

-- Flutter Entertainment (NYSE:FLUT) (LON:FLTRF) has downgraded its U.S. revenue and profit forecasts for 2024, citing an unprecedented string of favorable results...

Pluxee tops Q1 revenue expectations on client retention, new contracts

By Mathias de Rozario and Jakob Van Calster (Reuters) -French voucher and benefits company Pluxee posted 12.1% organic growth in its first-quarter operating revenue on Wednesday,...

Japan stocks lower at close of trade; Nikkei 225 down 0.27%

– Japan stocks were lower after the close on Wednesday, as losses in the Power, Transportation Equipment and Warehousing sectors led shares lower. At the close in...

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