Analysts raise Apple price targets but warn inflated expectations 'may make the music stop'
Morgan Stanley and Nomura analysts on Friday raised their price targets for Apple stock as the tech giant's shares continue to surge.
Morgan Stanley and Nomura analysts on Friday raised their price targets for Apple stock as the tech giant's shares continue to surge.
The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc models over sudden unintended acceleration reports.
Automaker Fiat Chrysler plans to set up a joint venture with the parent of iPhone assembler Foxconn to build electric cars and develop internet-connected vehicles in China, as it looks to make up ground in electric mobility.
SoftBank has offered to invest up to $40 billion in the new capital city Indonesia plans to build on Borneo island, a minister said on Friday, though the Japanese tech conglomerate said no figure had been suggested yet.
HSBC is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters.
Ant Financial [ANTFIN.UL] shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies.
Indian Prime Minister Narendra Modi's ruling party on Friday slammed editorial policies of billionaire Jeff Bezos-owned Washington Post, even as his e-commerce firm Amazon announced plans to create a million jobs in the country by 2025.
French automaker Renault on Friday reported a 3.4% fall in 2019 worldwide sales to 3.75 million vehicles despite growth in Europe.
Oil prices were steady on Friday as reports of sluggish economic growth in China, the world's biggest crude importer, raised concerns about fuel demand which countered optimism from the signing of a Sino-U.S. trade deal this week.
The world's second-biggest fashion retailer H&M said on Friday it would expand to Central America, starting with a first store in Panama at the end of 2020.
Asian shares rose on Friday after data in China showed pressure on the world's second biggest economy may be starting to diminish.
China's Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices, industry officials said.
World shares rose to record highs on Friday, buoyed by Chinese growth figures that suggested the world's second-biggest economy was stabilizing.
The world's second-biggest fashion retailer H&M said on Friday it would open a first store in Panama at the end of 2020, making the country its first Central American market.
Oil prices edged higher on Friday but were set to end the week broadly steady as sluggish economic growth in China, the world's biggest crude importer, raised concerns about fuel demand and countered optimism from the signing of a China-U.S. trade deal.