for
Hibbett soars 18% on deal to sell to JD Sports for $1.08 billion
JD Sports Fashion said Tuesday it plans to acquire American athletic fashion retailer Hibbett (HIBB) for approximately $1.08 billion.
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund
By Stefania Spezzati
India Pharma Sector Set for Robust Growth Amidst Margin Concerns
As the Q4 FY24 earnings season is going on, Goldman Sachs (NYSE:GS) analysts have recalibrated their projections for the Indian pharmaceutical sector, factoring in a spectrum of variables from monthly sales data to currency fluctuations. Notably, the sector continues to trade at valuations exceeding one standard deviation above its five-year average, largely propelled by the resilience of major players like Sun Pharma (NS:SUN), Cipla (NS:CIPL), and Divi’s Laboratories.
Elon Musk pushed for 20% headcount reduction in Tesla- Bloomberg
Investing.com– Elon Musk had pushed for a 20% headcount reduction in Tesla Inc (NASDAQ:TSLA), Bloomberg reported on Sunday, citing a source close to the EV maker’s CEO as it undertakes a pivot into autonomous vehicles following a drop in deliveries.
Vietnam set to launch new stocks trading system in bid for market upgrade
By Phuong Nguyen and Francesco Guarascio
Apparel retailer Express files for US bankruptcy protection, to close over 100 stores
(Reuters) – Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.
Automakers hope for a cut as two-way EV charging becomes real
By Nick Carey and Victoria Waldersee