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Analyst urges investors to act as Lyft stock soars on buyback announcement

Lyft Inc (NASDAQ: LYFT) rallied more than 20% on Friday morning after reporting its financial results for the first quarter that topped…
Stock

Brazil’s CSN Mineração posts $69.5M Q1 loss

Brazil’s CSN Mineração (CMIN3), the mining arm of steel giant CSN, reported a net loss of R$357 million (approximately $69.5 million) in…
Stock

‘One reason’ that’s disabling Trump tariffs from reviving domestic aluminum production

The Trump administration has significantly raised tariffs on aluminum imports this year to 25% to throw a lifeline to the domestic aluminum…
Stock

Expedia’s cost controls offer hope, but analysts see growth hurdles ahead

Shares of Expedia Group fell sharply by more than 8.5% on Friday after the company reported first-quarter revenue that came in below…
Stock

Inside candy major Ferrero’s plan to woo US consumers

Ferrero is doubling down on its US ambitions with a strategy built around local innovation and manufacturing scale, as per a CNBC…
Stock

British Airways parent inks $13bn Boeing deal after US-UK trade breakthrough: why it matters

International Airlines Group, the owner of British Airways, has placed a landmark order for 32 long-haul jets from Boeing worth nearly $13bn…
Stock

UK’s Crown Estate clears offshore wind expansion to raise energy output

To accelerate the UK’s energy transition and efficiently increase capacity, King Charles III’s Crown Estate, owner of Britain’s seabed, has approved the…
Stock

CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

CoreWeave, the fast-growing US-based AI data centre company, is planning to raise at least $1.5 billion in fresh debt to refinance a…
Stock

Panasonic to slash 10,000 jobs in 2025 amid Japan’s economic downturn

Panasonic will lay off 10,000 employees in 2025, targeting 5,000 jobs in Japan and another 5,000 overseas. The Osaka-based group, which employs…
Stock

India offers 9% tariff cut to fast-track $129 billion US trade deal

India is preparing to cut its average tariff differential with the US by nearly 9 percentage points—bringing it down from 13% to…
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