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US no-frills pioneer Spirit Airlines files for bankruptcy protection

(Reuters) -Spirit Airlines has filed for bankruptcy protection, it said on Monday, after the pioneer of no-frills travel in the U.S. struggled…
Stock

UBS says S&P 500 returns in 2025 likely to be ‘backloaded’

Investing.com — UBS strategists see the S&P 500 index ending the 2025 year at around 6,400. This would mark an approximate 9%…
Stock

India stocks lower at close of trade; Nifty 50 down 0.30%

Investing.com – India stocks were lower after the close on Monday, as losses in the Technology, Oil & Gas and Fast Moving…
Stock

‘Elon Premium’ boosts Tesla, but also presents risk, says Barclays

Investing.com — The recent rally in Tesla (NASDAQ:TSLA) shares serves as a reminder of the significant “Elon Premium” in the carmaker’s stock,…
Investing

GM lays off 1,000 employees amid reorganization and cost-cutting

DETROIT — General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market…
Economy

As Trump return looms, China’s Xi at APEC criticises protectionism

By Eduardo Baptista and Lucinda Elliott LIMA (Reuters) -With Donald Trump’s imminent return to the U.S. presidency looming over the Asia-Pacific Economic…
Economy

While farmers protest, UK’s Starmer says will defend budget ‘all day long’

LONDON (Reuters) -British Prime Minister Keir Starmer said on Saturday he would defend decisions taken in his Labour government’s first budget “all…
Economy

Britain should align with US on trade rather than pursue EU, says Trump aide

LONDON (Reuters) – A senior economic adviser to U.S. President-elect Donald Trump has said Britain should align itself with the United States…
Economy

Most gig workers only worked a single gig for 1-3 months over the past year: BofA

Investing.com — The majority of gig workers worked for only one to three months in the past year, according to Bank of…
Stock

TikTok parent ByteDance’s valuation hits $300 billion, sources say

By Echo Wang and Chandni Shah (Reuters) -TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached…
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