Eli Lily cuts 2024 revenue guidance by $400M, shares sink 8%
Eli Lilly saw its shares crash in early trade on Tuesday as the pharm major provided its revenue outlook for 2024 and 2025. The pharma major cut its revenue guidance…
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Parker Hannifin, 3M and six other manufacturing stocks likely to grow in 2025
Despite the US economy showing resilience with strong GDP growth, manufacturing stocks have lagged behind broader market indices, but analysts believe the sector is poised for a turnaround in 2025.…
Top 10 best selling EVs in the US in 2024: Tesla grabs 3 spots
The post Top 10 best selling EVs in the US in 2024: Tesla grabs 3 spots appeared first on Invezz
UK anti-corruption minister resigns over ties to ousted Bangladesh PM
By Andrew MacAskill and Catarina Demony LONDON (Reuters) -The British minister responsible for financial services and fighting corruption resigned on Tuesday after weeks of questions over her financial ties to…
Gaza ceasefire deal hopes lift region’s government bond markets
By Marc Jones LONDON (Reuters) – Hopes of a ceasefire deal to end the war in Gaza lifted the region’s government bond markets and Israel’s shekel on Tuesday as investors…
Key quotes from French Prime Minister Bayrou’s parliamentary address
PARIS (Reuters) – French Prime Minister Francois Bayrou on Tuesday told lawmakers that France was drowning in debt, but pledged to listen to ideas to renegotiate a landmark 2023 pension…
Spanish leader’s opponents say ‘xenophobic’ foreign homebuyer tax will not be applied
By Corina Pons and David Latona MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez’s opponents on Tuesday said a proposed tax on property purchases by non-European Union residents was “xenophobic”…
Morgan Stanley on UK investing intentions
Investing.com – UK assets have been in the spotlight of late, and given this uncertainty prompted Morgan Stanley (NYSE:MS) to poll investors for their views, intentions, and positioning on UK…
Davos to welcome Trump virtually as he takes on US presidency, world awaits policies
By Marwa Rashad LONDON (Reuters) – Donald Trump will attend next week’s World Economic Forum meeting in Davos digitally, its organisers said on Tuesday, as world leaders wait to hear…
Could Musk really buy US TikTok operations?
Investing.com — Chinese officials are reportedly exploring the possibility of selling TikTok’s US operations to billionaire Elon Musk if the platform cannot evade an impending ban, according to Bloomberg News.…