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Mexican finance minister Rogelio Ramirez de la O resigns - Reports

-- Rogelio Ramirez de la O, the Finance Minister of Mexico, has resigned from his position, according to separate reports from Reuters and Bloomberg, citing sources...

Rio Tinto shelves $5 billion share sale plans following investor pushback - Bloomberg

-- Rio Tinto (NYSE:RIO) Group has abandoned its plans to raise up to $5 billion through a share sale due to resistance from investors, according to Bloomberg, citing...

Porsche SE braces for 2024 loss of €20 billion on VW stake

On Friday, Porsche SE, the majority shareholder of Volkswagen (ETR:VOWG_p), announced an anticipated loss after tax of approximately 20 billion euros ($21.7 billion) for the year...

Costco and Broadcom Stir Market Cap Stock Movers on Friday

Friday's market has seen notable fluctuations among various stocks, driven by a combination of earnings reports, operational updates, and broader market trends. Mega-cap stocks...

Porsche SE expects $21.7 billion loss after tax on Volkswagen stake impairment

FRANKFURT (Reuters) - Porsche SE, Volkswagen (ETR:VOWG_p)'s largest shareholder, expects a 2024 loss after tax of around 20 billion euros ($21.7 billion), it said on Friday,...

Franco-Nevada, Greenlight Re, Yalla Group to report earnings Saturday

As earnings season continues, we highlight the companies expected to report their financial results on the next trading day, preparing investors for the upcoming market action....

Consumer inflation expectations and treasury auctions highlight Monday

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Monday,...

Target credit profile remains 'strong and stable' says bond analyst

-- Despite concerns over tariffs and uncertain consumer behavior, Target's credit profile remains strong and stable, according to Gimme Credit analyst Carol...

CMA CGM in talks with US shipyards, CEO tells Les Echos

PARIS (Reuters) - CMA CGM is in talks with shipyards about the possibility of having medium-sized container vessels built in the United States, the French shipping group's CEO...

Could Europe's Eutelsat help to replace Starlink in Ukraine?

By Supantha Mukherjee and Gianluca Lo Nostro STOCKHOLM/GDANSK (Reuters) - Suggestions that Ukraine could lose access to Elon Musk's Starlink satellite internet system, which has...

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