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Business

Marketmind: Stocks stall after VIX hits pre-COVID low

Marketmind: Stocks stall after VIX hits pre-COVID low

A look at the day ahead in U.S. and global markets from Mike Dolan Global markets took a sharp intake of breath on Monday after seeing Wall St's 'fear gauge' hit its lowest since before the pandemic hit late last week and as China major stock indexes continue to wane....

Vitesco says new Schaeffler offer for EV merger ‘inadequate’

Vitesco says new Schaeffler offer for EV merger ‘inadequate’

(Reuters) -German automotive supplier Schaeffler raised its offer price for shares in Vitesco Technologies on Monday, as a goodwill gesture, but Vitesco management said the new offer was "inadequate". Germany's billionaire Schaeffler family holds all voting rights and...

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