12:02 PM EST, 11/08/2024 (MT Newswires) -- Block's (SQ) mobile wallet service Cash App is still taking too long on expanding its banking features, Morgan Stanley said in a note Friday. We've consistently said that Block needs to accelerate expansion of credit products to its Gen Z/millennial user base to capture the demographic opportunity before those users build financial relationships...

Nov 8 (Reuters) - Commodity trading house Trafigura has signed a long-term natural gas offtake agreement with NuVista Energy ( NUVSF ), giving the mid-size Canadian producer exposure to international liquefied natural gas (LNG) market pricing, the companies said on Friday. NuVista will supply 21,000 metric million British thermal units per day (MMbtu/d) of natural gas to Trafigura with the...

DETROIT (Reuters) - Stellantis ( STLA ) added to its rising tally of layoffs on Friday, saying 400 workers at a Detroit automotive parts facility would indefinitely lose their jobs as the carmaker reduces costs in its struggling North American business.  As Stellantis ( STLA ) navigates a transitional year, the focus is on realigning its U.S. operations to ensure...

12:03 PM EST, 11/08/2024 (MT Newswires) -- Zoomcar Holdings ( ZCAR ) shares dropped more than 3% in recent Friday trading after the company said late Thursday that it has closed its $9.2 million private placement. The company said it used the net proceeds to repay about $3.8 million of debt and plans to use the remainder for general corporate...