Australia stocks higher at close of trade; S&P/ASX 200 up 1.38%
Investing.com – Australia stocks were higher after the close on Thursday, as gains in the Financials, A-REITs and Gold sectors led shares higher. At the close in Sydney, the S&P/ASX 200 gained 1.38%. The best performers of the session on the S&P/ASX
Hindenburg, short-seller behind Adani selloff to shut down, says founder
Investing.com– Hindenburg Research, the U.S.-based short-selling firm known for its scathing reports on major companies, announced its decision to shut down operations amid escalating legal pressures, its founder said on Wednesday. Hindenburg’s founder, Nathan Anderson, stated in a website post the
Exclusive-Chinese buyers interested in unwanted German Volkswagen factories, source says
By John O’Donnell and Victoria Waldersee FRANKFURT/BERLIN (Reuters) – Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen (ETR:VOWG_p)’s sites, a person with knowledge of Chinese government thinking told Reuters. Buying a factory would
First Solar: Seaport upgrades rating to ‘Buy’ on strong US market position
Investing.com– Seaport Research Partners has upgraded First Solar Inc (NASDAQ:FSLR) from “Neutral” to “Buy”, citing its robust position in the utility-scale solar and storage sector amid challenging macroeconomic conditions. Seaport analysts have set a price target of $274 for
Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits
By David Lawder WASHINGTON (Reuters) – President-elect Donald Trump’s pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar’s status as the world’s reserve currency as he prepared to face questions from U.S. senators on Thursday on