Michelin lowered its financial guidance for the year after sales in North America fell more sharply than expected, compounded by a decline in the dollar.
Move over, buffer funds. Forget those income-enhanced strategies. Leverage? Who needs it. Wall Street has found another derivatives-powered bet to stuff inside an ETF: The single-stock autocallable.
Baker Hughes Co. has seen an impact of more than $100 million from tariffs this year, within the range that the company forecast in April as US President Donald Trump launched his trade war.
Reform UK leader Nigel Farage said the UK must regulate the crypto industry soon to safeguard its position as an international financial hub, doubling down on his support for digital assets.
The planned $55 billion leveraged buyout of video-game maker Electronic Arts Inc. is set to rain money on Wall Street, with banks in line to share roughly $500 million in fees for arranging the financing.
Hong Kong's most famous activist investor David Webb is calling time on his website, which he founded in 1998 and was key to his decades-long efforts to push for greater transparency in the city's financial markets.
Brazil's state-controlled Petrobras is resuming production at a platform at one of its two biggest offshore oil fields, potentially adding to a global supply surplus that has left crude prices in the low $60-a-barrel range.
Australia's pension funds aren't providing members with enough guidance and information to help them retire confidently as millions prepare to leave the workforce, according to a report from a key regulator.