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By Aditi Shah NEW DELHI (Reuters) – A comprehensive trade deal between India and the European Union could pave the way for Mercedes-Benz to produce more cars in the South Asian nation, potentially making it an export hub, Mercedes’ country head told Reuters on Friday. In June, the EU and India relaunched talks for a… More

  FLEX -1.69% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission:   Create New Watchlist Create Create a new holdings portfolio Add Create + Add… More

By Senad Karaahmetovic  Nvidia (NASDAQ:NVDA) shares closed 7.7% lower on Thursday to mark the first daily close below the $140 mark for the first time since April 2021. Shares dropped on the chipmaker’s warning that its Q3 revenue guidance may suffer a $400 million negative impact from the U.S. bank on exports of top AI… More

By Maki Shiraki and Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor (NYSE:TM) shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range. Toyota, the world’s largest automaker by sales, said on… More

By Supantha Mukherjee STOCKHOLM (Reuters) – Shares of Ericsson (BS:ERICAs) fell 2.5% on Friday as the chance of it suffering a higher fine increased with the U.S. Securities and Exchange Commission (SEC) starting a separate investigation into the company’s handling of misconduct in Iraq. U.S. agencies investigated the company earlier, with the result that Ericsson… More

By Carolyn Cohn and Stella Qiu LONDON/BEIJING (Reuters) – World stocks were heading for their first weekly gain in eight weeks on Friday on a more upbeat earnings view while the dollar hit one-month lows after the Federal Reserve’s minutes suggested it could put the brakes on rapid rate hikes later this year. Optimistic U.S.… More

By Peter Nurse  Investing.com – European stock markets traded higher Friday, regaining some ground at the end of a difficult week as investors continue to assess persistent inflation, aggressive monetary tightening, and the associated impact on global economic growth. By 4:20 AM ET (0820 GMT), the DAX in Germany traded 1.2% higher, the CAC 40… More

By Jing Xu and Julie Zhu BEIJING/HONG KONG (Reuters) – China and U.S. regulators are discussing operational details of an audit deal that Beijing hopes to sign this year, sources familiar with the matter said, in the latest move to try to keep Chinese companies listed on U.S. exchanges. A preliminary framework for audit supervision… More

Investing.com – Japan stocks were lower after the close on Friday, as losses in the Finance & Investment, Banking and Transport sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.29%. The best performers of the session on the Nikkei 225 were Fast Retailing Co., Ltd. (TYO:9983), which rose 8.83% or… More

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders are pointing to a massive quarterly options trade on Thursday they said was from a JPMorgan (NYSE:JPM) fund as one reason why the stock market took a nosedive late in the day, as options flows linked to the trade exacerbated market weakness. The S&P 500 Index… More

Investing.com – United Internet AG reported on Thursday first quarter earnings that missed analysts’ forecasts and revenue that topped expectations. United Internet AG announced earnings per share of €0.43 on revenue of €1.48B. Analysts polled by Investing.com anticipated EPS of €0.4797 on revenue of €1.44B. United Internet AG shares are down 12% from the beginning… More

NEW YORK (Reuters) – BlackRock Inc (NYSE:BLK), the world’s largest asset manager, said it had halted purchase of all Russian securities in its active and index funds as of Monday after Russia’s invasion of Ukraine. It has “proactively advocated” with “index providers to remove Russian securities from broad-based indices,” Rich Kushel, head of the portfolio… More

BEIJING (Reuters) -China’s banking and insurance regulator issued a warning on Friday against using the metaverse as a tool for illegal fund-raising, amid widespread interest in the country’s private sector. The China Banking and Insurance Regulatory Commission said in a statement published on its website that some companies were engaging in illegal fund-raising, fraud, and… More

TOKYO (Reuters) -Japan’s Government Pension Investment Fund (GPIF) said on Friday it posted a third-quarter investment return of 5.437 trillion yen ($47.29 billion) on gains from overseas stocks. GPIF, the world’s largest pension fund, managed 199.3 trillion yen of assets as of the end of December and its return on overall assets was 2.81% over… More

By Selena Li HONG KONG (Reuters) – Europe’s largest asset manager Amundi has garnered more than $11 billion of assets from Chinese investors since it became the first foreign-controlled joint venture (JV) to launch operations in the country 15 months ago. Huihua Wealth Management, 55% owned by Amundi and the rest by a unit of… More