India’s forex reserves hit 10-month low, rupee faces persistent headwinds
Investing.com — India’s foreign exchange reserves have been on a declining trend for six consecutive weeks, standing at a 10-month low of $625.87 billion as of Jan. 10, according to data from the Reserve Bank of India (NS:BOI)
Dutch government omits ASML’s China sales from sensitive goods export data
Investing.com — The Dutch government has been excluding billions of euros in sales by tech company ASML (AS:ASML) to China from its disclosures on exports of sensitive goods, according to information provided by the foreign ministry. The undisclosed sales, which
Rivian rises on report it may expand its pact with Volkswagen
Investing.com — Volkswagen (ETR:VOWG_p) is exploring ways to strengthen its collaboration with US-based electric vehicle (EV) manufacturer Rivian (NASDAQ:RIVN), the German auto giant’s CEO Oliver Blume told Spiegel magazine in comments published on Friday. “For example, we are thinking about sharing
Amazon stock target raised at BMO on strong AWS outlook
Investing.com — BMO Capital raised its target for Amazon (NASDAQ:AMZN) to $265 from $236 in a note Friday, citing a robust outlook for Amazon Web Services (AWS) and continued growth in retail and advertising. The firm reiterated its Outperform rating on
Sweden’s Saab posts higher-than-expected organic sales growth for 2024
COPENHAGEN (Reuters) – Swedish defence equipment maker Saab said on Friday it expected an organic sales growth of 23.4% for the full year of 2024, above its previously expected outlook at the upper end of the range between 15% and