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Apple receives street-high target at Morgan Stanley

Bloomberg Apple Inc, which saw its shares touch a record high, just earned a new Street-high price target. Morgan Stanley raised its target to $289 a share from $247 a share, the highest among analysts and implying 20% upside from earlier closing price. The bank cited Apple’s upcoming TV+ release next month, contrasting with other brokers who have been less ...

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Foreign funds coming back to Italy’s debt

Bloomberg Italy is attracting foreign investors to buy its bonds as the new government’s more conciliatory stance towards the European Union on budget issues should reduce the country’s risk premium further, the head of the country’s debt agency said. Speaking at a conference in Milan, Davide Iacovoni said the nation “is no longer under the radar of international investors as ...

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EU court rebukes France for diesel pollution in cities

Bloomberg France suffered an embarrassing defeat at the European Union’s top court over EU warnings that big cities from Paris to Nice exceeded pollution limits caused mainly by diesel-car engines. In the first ruling following a recent crackdown on dirty air in nations including Germany, Italy and the UK, judges at the EU Court of Justice said France “systematically and ...

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