Stock Market

Retailers are hiring more people in preparation for the return of in-store holiday shopping.

NEW YORK, Oct. 6This year, big stores like Walmart (NYSE:WMT) are putting most of their new holiday hires to work…

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Citi says to buy US and UK stocks, and it thinks that global stocks will go up by 18% by the end of 2023.

Citi strategists have kept their Overweight rating on U.S. stocks because they think that EPS forecasts should be strong. Citi…

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Cathay Pacific’s union says that less staff will lead to higher prices.

A pilots’ union said on Thursday that Cathay Pacific Airways Ltd. is facing staffing and training shortages that have never…

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Shell’s Q3 results will be hurt by a drop in refining and gas trading. 

London Shell (LON:RDSa) said on Thursday that a sharp drop in refining margins and “significantly” lower earnings from natural gas…

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Merck KGaA says that bigger deals are possible after 2023. 

FRANKFURT German healthcare and chemicals company Merck KGaA said it would start looking into bigger takeover deals in 2019. “As…

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Toyota says it has fixed the problem with the wheels that led to the EV recall.

TOKYO Toyota Motor (NYSE:TM) Corp. said it had found a way to fix the problem that led to the recall…

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Biden says the U.S. is ready to keep talking with South Korea about EV subsidies. 

SEOUL (Reuters) – An official from Yoon’s office said on Wednesday that President Joe Biden has said he is willing…

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To get to the EV era, makers of engine parts must get through the “valley of death.” 

Kidderminster, England (Reuters) – Auto engine parts makers who want to get into the promising electric vehicle market have to…

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STMicroelectronics gets approval from the European Commission for a plant in Italy.

Wednesday, the European Commission gave the green light for Italy to help STMicroelectronics build a plant that will create about…

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Nikkei: Apple asks its suppliers to move the production of some AirPods and Beats to India.

The Nikkei newspaper said on Wednesday that Apple Inc. (NASDAQ:AAPL) has asked its suppliers to make some AirPods and Beats…

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