Another Day, Another NIO Stock Upgrade and Another Big Price Jump

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Text size STR/AFP via Getty Images There is a pattern developing with electric-vehicle stocks. They go higher every day. At least that’s what it seems like. Morgan Stanley analyst Tim Hsiao upgraded shares of Chinese electric-vehicle maker NIO (ticker: NIO) on Wednesday to the equivalent Buy from Hold and took […]

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ANALYSIS-After port blast, rudderless Lebanon drifts towards the rocks

By Tom Perry and Laila Bassam BEIRUT, Aug 26 (Reuters) – Three weeks after the catastrophic explosion at Beirut port, Lebanon is drifting towards even more trouble as its politicians fail to agree a new government that can arrest a financial meltdown. As Lebanon grapples with the aftermath of the […]