Air Europa hires PJT Partners to increase capital, raise debt, El Confidencial says
MADRID (Reuters) – Spanish airline Air Europa has hired adviser PJT Partners (NYSE:PJT) to raise about 475 million euros ($492 million) in equity and debt, Spanish news website El Confidencial reported on Tuesday, citing unidentified industry sources. Air Europa’s management is
Abrdn shares jump as Q4 inflows exceed expectations
Investing.com — Shares of Abrdn (LON:ABDN) rose more than 6% on Tuesday after the investment firm reported better-than-expected net flows in the fourth quarter, signaling a potential turnaround in its overall performance. Abrdn’s total net inflows for Q4 came in at
Volkswagen warns against ‘harmful’ impact of Trump tariffs
BERLIN (Reuters) -Volkswagen on Tuesday warned against the “harmful economic impact” of tariffs that U.S. President Donald Trump is proposing on imports from Mexico, where Europe’s top carmaker operates a major factory. The comments by the German autos giant, already grappling
Jefferies cuts Apple stock rating on expected earnings, guidance miss
Investing.com — Jefferies analysts downgraded Apple stock to Underperform from Hold on Monday as they expect the tech giant to miss both earnings and guidance targets in its upcoming fiscal Q1 2025 report. The company’s shares fell around 1% in
Russian rouble flat vs US dollar after Trump’s inauguration
MOSCOW (Reuters) – The Russian rouble stayed flat against the U.S. dollar on Tuesday as the first day of Donald Trump’s presidency did not produce any major Russia-related news. The rouble traded at 100.75 to the dollar by 0845 GMT, over-the-counter