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Adidas headquarters raided in years-long tax investigation, company says

(Reuters) -Authorities raided Adidas AG (ETR:ADSGN) headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said…
Stock

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.35%

Investing.com – U.S. stocks were lower after the close on Tuesday, as losses in the Basic Materials, Utilities and Oil & Gas…
Stock

Mexico stocks lower at close of trade; S&P/BMV IPC down 1.44%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Industrials, Consumer Goods & Services and Consumer…
Stock

Colombia stocks higher at close of trade; COLCAP up 0.33%

Investing.com – Colombia stocks were higher after the close on Tuesday, as gains in the Industrials, Services and Agriculture sectors led shares…
Stock

Bernstein upgrades American Airlines, ‘closer to a have than a have-not’

Investing.com — Bernstein analysts raised American Airlines (NASDAQ:AAL) to Outperform from Market-Perform on Tuesday, highlighting a combination of an improved industry backdrop and…
Economy

China industrial profits plunge in September, extending slump

BEIJING (Reuters) – China’s industrial profits plunged in September, extending their declines with the year’s steepest monthly fall, official data showed on…
Economy

Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal

By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
Economy

60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns

Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
Stock

US election uncertainty is no reason to exit the market: UBS

Investing.com — As the U.S. presidential election draws closer, UBS analysts believe investors should stay the course, emphasizing that market uncertainty is unlikely…
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