Elon Musk is as if 'Thomas Edison and Henry Ford made a baby,' analyst says as Tesla stock soars
Morgan Stanley analyst Adam Jonas gave Tesla's Elon Musk high praise on Tuesday.
Morgan Stanley analyst Adam Jonas gave Tesla's Elon Musk high praise on Tuesday.
Investors erased $393 billion from China's benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year.
Shares in Just Eat-Takeaway, the company forged by Dutch online service Takeaway's $7.8 billion acquisition of British food deliverer Just Eat, commence trading on the London Stock Exchange on Monday.
Ryanair cheered investors with a return to profit in the third quarter but warned its target of flying 200 million passengers per year may be delayed two years due to the grounding of Boeing's 737 MAX jet.
Panasonic Corp reported the first quarterly profit in its U.S. battery business with Tesla Inc on Monday, after several years of production troubles and delays at the U.S. partner.
French carmaker Renault will extend a shutdown at its factory in China's Wuhan until Feb. 13, in line with the Chinese government's guidance over the coronavirus for workers in the city and extended Lunar New year holidays, a spokeswoman said on Monday.
World shares sank to their lowest in seven weeks on Monday, dragged down by a plunge in Asian stocks on their first trading day after a long break on fears the coronavirus epidemic would hit demand in China.
Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company through challenges in e-cigarettes and vaping and falling consumption of tobacco products.
Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work to help stop the spread of a new coronavirus.
The chairman of Spain's Santander , Ana Botin, last week bought 1 million shares in the bank, according to a regulatory filing published on Monday.
Payments company Worldline agreed on Monday to buy French rival Ingenico in a 7.8 billion euros ($8.7 billion) deal to create a new European leader in the sector and fend off cut-throat competition from internet and telecoms companies.
Ryanair chief executive Michael O'Leary on Monday said his airline was coming to the stage when it would make sense to slow its target growth rate to 4-5% per year rather than its peak growth rates of 8-9% percent.
OPEC and its allies are considering a further cut in their oil output of 500,000 barrels per day (bpd) due to the impact of the coronavirus on oil demand, two OPEC sources and a third industry source familiar with discussions said.
Goldman Sachs downgraded ExxonMobil to "sell" following disappointing fourth-quarter results, as the Wall Street bank forecasted the oil and gas company will meet only half of its targeted returns by 2025.
Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company through challenges in e-cigarettes and vaping and falling consumption of tobacco products.