Ferrari's Portofino, Superfast sales turbo-charge 2019 outlook
Ferrari raised its full-year forecasts on Monday after strong sales of its Portofino and 812 Superfast sportscars produced "solid" third quarter results, lifting its shares.
Ferrari raised its full-year forecasts on Monday after strong sales of its Portofino and 812 Superfast sportscars produced "solid" third quarter results, lifting its shares.
Under Armour Inc on Monday cut its forecast for annual revenue for a second straight time, adding to its troubles after the sportswear maker disclosed a federal probe related to its accounting practices.
Piper Jaffray downgraded McDonald's to neutral from overweight and slashed its price target to $195 from $224 per share on the heels of its CEO departure.
Existing securities rules could apply to "stablecoin" initiatives like Facebook's Libra project, global securities watchdog IOSCO said on Monday as policymakers examine whether new regulation is needed.
The Indian arm of U.S.-based Burger King filed for a local initial public offering (IPO) to raise up to 4 billion rupees ($56.6 million) on Monday, as it looks to open more restaurants in a country where international fast-food brands are gaining in popularity.
World shares touched a 21-month high on Monday on signs that the United States and China could soon put an end to a damaging trade war as well as indications that the world may yet dodge an economic recession.
Austrian investor Rene Benko, whose Signa Holding bought half of New York's Chrysler Building earlier this year, is looking for more opportunities in the United States, he said on Monday.
Citigroup Inc is planning to offer a high-interest online savings account early next year to users of its American Airlines co-branded credit card, CNBC reported on Monday, citing people familiar with the matter.
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Stocks that pay big dividends haven't been this cheap in at least 40 years, according to Goldman Sachs.
Strong sales of Ferrari's Portofino and 812 Superfast models helped the Italian luxury carmaker raise its 2019 forecasts on Monday, powering its shares to a record high.
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Saudi Aramco's blockbuster listing remained shrouded in mystery on Monday, a day after the company finally announced its plans, with scant details disclosed and expert valuations varying wildly from around $1.2 to $2.3 trillion.
Flights attendants' union UFO on Monday called for a two-day strike at Lufthansa's German operations later this week, citing an ongoing labor dispute with Germany's largest airline.
Fifteen Asian countries agreed terms on Monday for what could be the world's biggest trade pact, they said in a statement, but India delayed its decision on joining because of significant differences over tariffs and other issues.