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Burberry to cut 18% of global workforce in cost-saving push amid turnaround efforts

Burberry is set to cut as many as 1,700 jobs worldwide as part of a wider cost-cutting effort, as the British fashion…
Stock

Archer Aviation stock analysis: ACHR nears make-or-break point

Archer Aviation stock price has surged and is nearing an important make-or-break point as focus shifts to its commercialization. ACHR has formed…
Stock

Asian markets close: Hong Kong surges, Nikkei pauses; Sensex ends 182 pts higher

A wave of cautious optimism swept through Asia-Pacific markets on Wednesday, with most major indices posting gains as investors carefully evaluated the…
Stock

Burberry share price jumps 15% on cost cuts and upbeat results; analysts urge caution, say Asian market still a concern

Shares in Burberry surged more than 15% on Wednesday after the company unveiled plans to cut about 1,700 jobs globally as part…
Stock

US-China trade truce lifts China’s economic outlook and equities: these Chinese stocks could benefit

Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war…
Stock

Europe markets open: stocks look higher; earnings from Bayer, SoftBank in focus

European stock markets opened with modest gains on Tuesday, attempting to build on the previous session’s rally, though an undercurrent of caution…
Stock

China lifts ban on Boeing jet deliveries after trade thaw with US: report

China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar…
Stock

Asian markets mixed on Tuesday: Hang Seng slips 2%, Nikkei rallies 1.4%

Asian equities ended mixed on Tuesday, as the initial optimism surrounding the weekend’s US-China trade agreement gave way to caution. Investors scaled…
Stock

Coinbase stock price could surge by 70% after S&P 500 inclusion

Coinbase stock price jumped in the pre-market on Tuesday as the company prepares to join the blue-chip S&P 500 Index. It rose…
Stock

Trump to sign executive order slashing drug prices today: Asian pharma stocks fall, analysts flag downsides

President Donald Trump announced on Sunday evening that he would sign an executive order aimed at reducing prescription drug prices in the…
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