Brazil’s Azul shares sink 40% after Chapter 11 filing
Brazilian airline Azul shares fell at least 40% in US premarket trading Wednesday after the company sought Chapter 11 protection in...
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector...
Tesla’s European sales halve in April amid growing rivals and outdated lineup
Tesla’s electric vehicle (EV) sales in Europe plummeted by nearly half in April, underlining the growing challenges the company faces...
SEBI clears Jio BlackRock’s entry into India’s $814B asset space
India’s asset management industry is set to welcome a major new player as Jio Financial Services and BlackRock have received...
Apple ramps up iPhone exports from India to US by 76%, dodging China tariffs
Apple’s pivot to India is reshaping the global smartphone supply chain. In April 2025, shipments of iPhones from India to...
US stocks jump at open: Nasdaq climbs over 1%, Dow up 300 points
US stocks advanced on Tuesday, buoyed by President Donald Trump’s announcement that he would delay imposing a 50% tariff on...
Salesforce buys data management major informatica for $8bn: here’s why
Salesforce has announced the acquisition of data management company Informatica for $8 billion. The deal is expected to enhance the cloud-based...
Poorest nations face $22bn China debt bill in 2025, risking cuts to vital services
The world’s most vulnerable economies are facing a mounting financial crisis, with debt repayments to China reaching record highs in...
Europe markets open: FTSE 100 leads gains, Stoxx 600 up; focus on UK inflation
European stock markets presented a somewhat mixed but generally positive picture at Tuesday’s open, with the pan-European Stoxx 600 index...
Samsung to invest in US health-care software and device company Exo? What we know
Samsung is actively pursuing strategic moves on multiple fronts to bolster its technological prowess and market reach, with its investment...
