Energy drink maker Alani Nu explores options including sale
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Alani Nu, the energy drinks and snack maker founded by…
Category: Economy
Novartis raises 2023 forecast, maps out Sandoz spin-off
By Ludwig Burger FRANKFURT (Reuters) -Novartis on Tuesday raised its full-year earnings forecast for the second time on strong drug…
Wall St ends higher with earnings poised to ramp up
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks ended higher to kick off the trading week on Monday, buoyed…
Bill Ackman Believes an Unlikely Candidate Will Be President
Bill Ackman, the mastermind behind Pershing Square, has made an audacious forecast for the 2024 Republican primary race, foreseeing…
Wall Street banks cut China’s growth forecast after dull second quarter
By Aniruddha Ghosh and Roshan Abraham (Reuters) -J.P.Morgan, Morgan Stanley and Citigroup trimmed China’s growth forecast for 2023 after the…
China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry
By Aditya Kalra NEW DELHI (Reuters) -China’s Xiaomi will focus on boosting its India sales from retail outlets after years…
A Storm is Brewing: Ex-Goldman Hotshot
Ex-Goldman Sachs Group Inc (NYSE:GS) hedge fund hotshot, Raoul Pal, is sounding the alarm bells. According to him, a…
Unusual Trades: PayPal Analysis
In the world of finance, the adage that ‘money talks’ rings particularly true when discerning potential shifts in market…
UBS to retain EY as auditor after Credit Suisse takeover, Financial Times reports
(Reuters) – UBS Group has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse’s…
Amazon/Shopify Partnership in the Works?
In a recent discussion as part of the Amazon Advisor Call Series, Scott Devitt, an analyst at Wedbush, and eCommerce…