Category: Share Market News

Credit Suisse still unloading Discovery shares after Archegos-related loss – CNBC By Reuters

© Reuters. FILE PHOTO: FILE PHOTO: Switzerland’s national flag flies below a logo of Swiss bank Credit Suisse in Zurich (Reuters) – Credit Suisse (SIX:) Group AG is still unloading its positions in media company Discovery (NASDAQ:) Inc after losses relating to Archegos Capital Management, CNBC reported on Tuesday, citing traders. Archegos, a New York […]

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Watch out Tesla. This new Mercedes-Benz ‘could be a game changer,’ says Deutsche Bank.

The newest all-electric luxury vehicle from Mercedes-Benz has the potential to improve the perception of the entire brand and will be a “Tesla fighter,” according to Deutsche Bank. Analysts at the bank said on Monday that the launch of the full-size luxury EQS sedan “could be a game changer” for Mercedes-owner Daimler, as well as […]

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