By Leigh Thomas PARIS (Reuters) – Standard & Poor’s (S&P) decision to downgrade its rating on France’s sovereign debt should in the short term deliver more political sting than pain in financial markets. Days ahead of a June 9 EU parliamentary election, S&P cut France’s long-term sovereign debt rating on Friday to “AA-” from “AA”,…
(This May 30 story has been corrected to say 0230 GMT, not 0000 GMT, in paragraph 5) (Reuters) – The winners of India’s April 19-June 1 general election are expected to form a new government by the middle of June after votes are counted on June 4. Analysts largely expect Prime Minister Narendra Modi to…
(Reuters) – A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially disappointing production and delivery numbers were made public. Shareholder Michael Perry, in the…
By Lisa Barrington DUBAI (Reuters) – Delta Air Lines is still committed to the Boeing 737 MAX 10 model that it has on order for deliveries beginning next year, even though it does not anticipate receiving the aircraft for some time, CEO Ed Bastian said on Saturday. Delta, one of the largest U.S. airlines, operates…
