In trading on Tuesday, shares of Arconic Corp (Symbol: ARNC) entered into oversold territory, changing hands as low as $26.27 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
Allied Universal said on Tuesday it had extended the time for G4S shareholders to accept its offer to buy the British security services firm, making the move a day before Canadian rival GardaWorld's extended offer expires.
Italy reported an outbreak of highly pathogenic H5N8 bird flu in backyard birds in the centre of the country, the Paris-based World Organisation for Animal Health (OIE) said on Tuesday.
Recovery prospects for Europe's coronavirus-stricken airlines are slipping from bad to worse, as a British minister warned on Tuesday against booking summer holidays and Germany mulled a drastic new clampdown on travel even within the EU.
Booming sales at LVMH's fashion brands like Louis Vuitton, particularly in China, helped to cushion the impact of the coronavirus pandemic, which has crimped revenues at the French luxury group.
Canada will soon take more steps to restrict foreign travel as part of its campaign to clamp down on the coronavirus, Prime Minister Justin Trudeau told reporters on Tuesday, but did not give details.
Canada will shortly take more steps to restrict foreign travel as part of its campaign to clamp down on the coronavirus, Prime Minister Justin Trudeau told reporters on Tuesday, but did not give details.
Boeing is expected on Wednesday to report a record annual loss and that it hemorrhaged $20 billion in cash last year, as the resurgence of the coronavirus pandemic slows its recovery from a separate crisis around its 737 MAX jet.
Japan's SoftBank Group is among investors interested in buying a stake in Polish online shoe shop eobuwie from retailer CCC, two sources familiar with the situation said.
French luxury goods group LVMH plans to overhaul Tiffany & Co's vast merchandise lineup to increase the focus on gold and precious gems and take its silver bangles upmarket after closing the $15.8 billion takeover of the U.S. jeweller this month. [nL1N2JI0H6]
Archer-Daniels-Midland Co reported a 36% rise in its fourth-quarter profit on Tuesday, as the U.S. grains merchant benefited from growth in its agricultural services and nutrition businesses.
The World Health Organization (WHO) issued recommendations on Tuesday on the use of the Moderna COVID-19 vaccine and said it was working with the company to accelerate its approval of the shot for WHO emergency use listing.
Lifestyle guru Martha Stewart on Tuesday launched a line of cannabis-infused oil drops and soft-baked chews for dogs, months after the successful release of her cannabidiol (CBD) gummie treats for humans hit shelves in the United States.
Italian private equity firm Investindustrial is working with Rothschild as an adviser to study a possible sale of luxury shoemaker Sergio Rossi, one source close to the matter said on Tuesday.
Copper rose on Tuesday as the dollar weakened, making metals cheaper for buyers outside the United States, but the slow progress of U.S. stimulus measures and concerns about Chinese demand capped gains.
South African retailer Pepkor Holdings said on Tuesday that sales in its first quarter rose by 7.7% as it continued to acquire market share as cash-strapped shoppers battling job losses turned to its budget outlets.
Britain and the European Union should both get the vaccines they have ordered and it is wrong to respond to supply problems with restrictions, Nadhim Zahawi, the British COVID-19 vaccine deployment minister, said on Tuesday.
After the party, comes the reality. Asian stocks are set to record their biggest daily fall in two months on Tuesday with potential roadblocks to U.S. stimulus and vaccine rollout delays being blamed as the culprits.
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