Investing.com -- Morgan Stanley upgraded Steel Dynamics (NASDAQ:STLD) Inc to "Overweight" amid tariff driven price surges, and the completion of its capital expenditure cycle and expectations of higher free cash flow and shareholder returns.Steel prices have surged following the U.S. administration’s reimplementation of 25% tariffs on steel imports, with hot-rolled coil prices jumping fro ...
By Makini Brice and Charlotte Van CampenhoutPARIS (Reuters) -Paris’ Gare du Nord, Europe’s busiest train station, ground to a halt on Friday while an unexploded World War Two bomb was defused, causing the cancellation of all Eurostar trains for the day and huge disruptions to nearby traffic.Railway workers found the 500 kilogram (1,100 lb) device 2 metres underground at around 0230 GMT in Sain ...
Investing.com -- S&P Global Ratings has downgraded the long-term issuer credit ratings of Nissan (OTC:NSANY) Motor and its overseas subsidiaries to ’BB’, citing dismal prospects for a quick revival in the company’s earnings. The agency also maintained the short-term issuer credit ratings at ’B’ on March 7, 2025. The outlook for the automobile giant remains negative, reflecting the ag ...
By Friederike HeineBERLIN (Reuters) -More than half a million passengers will be affected and thousands of flights cancelled due to a 24-hour strike at major German airports on Monday, after trade union Verdi called for employees in the public sector and ground handling to walk out.The association of Germany’s airport operators ADV said that around 510,000 people would be affected and more than ...