Boeing stock slide 8% in premarket trading after FAA grounds 737 Max 9s

Economy area of United Airline’s new Boeing 737 MAX 9 aircraft is at A20 gate of Denver International Airport in Denver, Colorado on Tuesday, May 23, 2023.  Hyoung Chang | Denver Post | Getty Images Shares of Boeing fell in premarket trade Monday, as markets digested the news that the Federal Aviation Administration had ordered … Read more

Toyota shares slide 4% after vehicle recall, Daihatsu safety issues

Japanese automaker Toyota led losses on the Japan’s benchmark Nikkei 225 index Thursday, closing lower by 4%. The sharp fall came after Toyota announced a recall of about a million vehicles on Thursday. The safety recall involved certain 2020-2022 Toyota and Lexus models in the United States. The sell-off also comes after Toyota subsidiary Daihatsu halted shipments of all its vehicles on Wednesday, after an investigation found … Read more

UK inflation slide fuels rate cut bets and jolts markets

LONDON, UK – Sept. 2021: People seen dining outdoors in Soho in London in September 2021. SOPA Images | LightRocket | Getty Images LONDON — U.K. inflation fell by more than expected in to hit 3.9% in November, in the lowest annual reading since September 2021. Economists polled by Reuters had expected a modest decline … Read more

Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021

Workers at a restaurant at Grand Central Market in Los Angeles, California, US, on Thursday, Nov. 2, 2023.  Eric Thayer | Bloomberg | Getty Images Job openings tumbled in October to their lowest in 2½ years, a sign that the historically tight labor market could be loosening. Employment openings totaled 8.73 million for the month, … Read more

PBA: NorthPort slips past TNT in OT to end two-game slide

NorthPort import Venky Jois. –PBA IMAGES MANILA, Philippines–NorthPort played with steely nerves on Friday night to gut out a 128-123 overtime win over TNT in the PBA Commissioner’s Cup. The Batang Pier got the goods from import Venky Jois, ace Arvin Tolentino and rookie Fran Yu in the extra session as the club arrested a … Read more

Drinks giant Diageo sees share price slide after warning about sales in Caribbean and Latin America

Spirits and beer giant Diageo saw billions wiped off its market value on Friday after it warned that a sharp slowdown in its business in Latin America and the Caribbean was hitting sales and potential profits ByThe Associated Press November 10, 2023, 5:20 AM FILE – A Diageo employee walks by barrels of whiskey stored … Read more

Siemens Energy shares slide after firm seeks support from government

Siemens Energy shares plunge as the company seeks support from the German government. Wolfgang Rattay | Reuters Shares of Siemens Energy tumbled by more than 33% on Thursday afternoon, after the company sought guarantees from the German government. The wind power giant made headlines earlier this year, when it scrapped its profit forecast, citing a … Read more

Standard Chartered shares slide 12% as China losses hit earnings

Standard Chartered shares slid Thursday as the bank’s big bet on China hit a stumbling block, leading to significant losses in the country. Shares of the Asia-focused bank tanked as much as 17% in early deals, sparking a temporary halt in trade. The stock was around 10% lower by 11:15 a.m. London time. The U.K.-headquartered … Read more

Italian financial institution shares slide after authorities surprises with windfall tax

ROME – August 7, 2023: (L-R) Carlo Nordio, Minister of Justice, Adolfo Urso, Minister of Enterprise and Made in Italy, Matteo Salvini, Deputy Prime Minister and Minister of Transport, Francesco Lollobrigida, Minister of Agriculture and Orazio Schillaci, Minister of Well being maintain a press convention at Palazzo Chigi on the finish of the Council of … Read more