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German carmakers say Trump tariffs would hurt US consumers, industry

By Nick Carey LONDON (Reuters) - U.S. President Donald Trump's tariff plans would mean higher car prices for U.S. consumers and hit global automakers, Germany's powerful car...

Costco receives 'AA' S&P credit rating upgrade due to strong performance and low leverage

-- Costco Wholesale Corp (NASDAQ:COST). has been upgraded to an 'AA' rating from 'A+' by S&P Global Ratings, based on its strong performance and low leverage. The...

Morgan Stanley upgrades Ulta Beauty, lifts price target by $70

-- Morgan Stanley upgraded Ulta Beauty (NASDAQ:ULTA) to "Overweight" and raised its price target to $500 from $430, on stronger prospects for the beauty retailer in...

Netflix stock rises ahead of earnings after the close

-- Shares of Netflix (NASDAQ:NFLX) climbed 1% intra-day Tuesday in anticipation of the streaming giant's upcoming earnings report. Analysts have set expectations for...

Wells Fargo hires JPMorgan executive as head of cards and merchant services

(Reuters) - U.S. bank Wells Fargo (NYSE:WFC) named JPMorgan Chase (NYSE:JPM) executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately....

Crypto lobbying risks regulatory capture, South African cenbank boss tells Davos event

By Elizabeth Howcroft and Iain Withers DAVOS/PARIS/LONDON (Reuters) - Surrounded by crypto executives buoyed by Donald Trump's presidency, South Africa's central bank chief on...

UBS predicts growth despite Trump tariffs

-- Donald Trump has officially taken the oath of office, assuming the role as the 47th President of the United States. His policy agenda, if fully implemented, is...

Mondelez cut at Jefferies on 'increasing risk to cocoa production'

-- Jefferies downgraded Mondelez (NASDAQ:MDLZ) International from Buy to Hold, citing growing concerns over cocoa supply constraints that could weigh on the company's...

Norway stocks lower at close of trade; Oslo OBX down 0.47%

– Norway stocks were lower after the close on Tuesday, as losses in the Media, Transport and Diversified Financials sectors led shares lower. At the close in Oslo,...

Israel stocks higher at close of trade; TA 35 up 0.01%

– Israel stocks were higher after the close on Tuesday, as gains in the Communication, Banking and Technology sectors led shares higher. At the close in Tel Aviv,...

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