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Hong Kong market falls despite share buybacks

Hong Kong market falls despite share buybacks

Event: Alibaba’s conversion from secondary listing on the Hong Kong Stock Exchange to a primary listing takes effect. Chilean Foreign…
Lowe’s Joins Tractor Supply, Harley Davidson, and John Deere in Opposing DEI Initiatives

Lowe’s Joins Tractor Supply, Harley Davidson, and John Deere in Opposing DEI Initiatives

Home improvement chain Lowe’s is scaling back its diversity, equity and inclusion policies, joining the ranks of several other companies…
Bavarian Nordic shares continue to rise

Bavarian Nordic shares continue to rise

Shares in Bavarian Nordic jumped after Danish vaccine maker Mpox received new orders and reported earnings that beat expectations.
PARA, LLY, NFLX, HSY and more

PARA, LLY, NFLX, HSY and more

See the companies making headlines in midday trading: Paramount Global — Shares of the media conglomerate fell more than 5%…
Pound hits two-year high as rate cut hopes cool

Pound hits two-year high as rate cut hopes cool

Unlock Digest Editor for free FT Editor Roula Khalaf picks her favourite stories in this weekly newsletter. Sterling hit its…
Elon Musk Backs California AI Safety Bill

Elon Musk Backs California AI Safety Bill

The first effort to codify AI regulations anywhere in the United States just won the backing of an influential voice…
Advance Auto Parts to Sell Worldpac to Carlyle for $1.5 Billion

Advance Auto Parts to Sell Worldpac to Carlyle for $1.5 Billion

Advance Auto Parts has agreed to sell its Worldpac subsidiary to Carlyle Group for $1.5 billion in cash.
stocks, news, data and earnings

stocks, news, data and earnings

The lights of the Frankfurt am Main bank building glow in the late afternoon light. Boris Roessler | Image Alliance…
Ken Griffin’s Citadel to Break Ground on $1 Billion Miami Skyscraper for New Headquarters

Ken Griffin’s Citadel to Break Ground on $1 Billion Miami Skyscraper for New Headquarters

Ken Griffin is expected to break ground next year on a 54-story tower in Miami that will house his Citadel…
Deutsche Bank shares rise on profit boost from Postbank settlement

Deutsche Bank shares rise on profit boost from Postbank settlement

Deutsche Bank said it has reached a deal with a majority of plaintiffs to resolve long-running litigation over the purchase…
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