Articles

Anglo American rating downgraded after BHP talks collapse

Anglo American was downgraded to neutral from buy at UBS, after BHP on Wednesday didn’t launch a formal offer after suggesting it could buy the company for £38.6 billion ($49 billion) if stock.

Telecom Italia backs its full-year guidance after posting higher revenue

Telecom Italia has confirmed its guidance for the year after posting higher revenue for the first quarter.

Auto Trader pretax profit rises, driven by double-digit revenue growth

Auto Trader Group said pretax profit rose in its fiscal year, driven by double-digit revenue growth across all its segments, and that it remained confident in its prospects for the year ahead.

Check out Hilary Swank’s posh New York City pad, just listed for $6.7 million

The corner apartment has floor-to-ceiling windows with views of the city.

The 2024 Ford Mustang Mach-E or the Tesla Model Y: Which is better?

The Tesla is the best-selling electric vehicle in the U.S., but competition is nipping at its heels. See how it compares to the Ford.

Toyota has combined two areas of expertise in the all-new, exclusively hybrid 2025 Camry

The all-new 2025 Toyota Camry is a fuel-efficient evolution of the midsize sedan, with a hybrid drivetrain as standard.

Credit Suisse’s last CEO to leave UBS, which also shakes up wealth management unit

UBS Group said it would reshuffle its executive board, splitting leadership of its key wealth-management division in two and bidding farewell to the last chief of Credit Suisse, the troubled banking rival it took over last year.

Treasury yields dip from four-week peak as crucial inflation data looms

Treasury yields fell early Thursday, as a global risk-off tone across markets encouraged buyers to nibble at sovereign debt.

Blackstone executive says commercial real estate is bottoming

Blackstone’s chief operating officer told analysts that now is the time to invest in commercial real estate because there are early signs of recovery.

Brookfield leading talks to buy renewable energy provider for $6.5 billion

Canadian alternative-investment giant Brookfield said it’s leading talks to buy a majority stake, and then buy out, French renewable energy provider Neoen from other shareholders.

HP reduces rate of sales declines while looking ahead to AI PC boom

HP’s CEO says artificial-intelligence PCs could make up 10% of shipments in the second half of the fiscal year.

Okta lifts its earnings outlook while taking ‘prudent’ view of customers’ budgets

The software company acknowledges some macroeconomic pressures on smaller customers.
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