Futures drop as Target results disappoint, growth stocks slip

- U.S. stock index futures fell on Wednesday after weak results from retailer Target rekindled fears about the health of U.S. consumers, while growth stocks came under renewed pressure as bond...

Exclusive-China's EVE to supply BMW with large Tesla-like cylindrical batteries in Europe -sources

SHANGHAI - China's EVE Energy Co Ltd will supply BMW with large cylindrical batteries for its electric cars in Europe, two people with knowledge of the matter said, as the German automaker...

Factbox-'You'll be glad you bought a flamethrower': The tweets of Elon Musk

- Billionaire Elon Musk, the chief executive of electric automaker Tesla (NASDAQ:TSLA) Inc and rocket company SpaceX, on Tuesday tweeted that he was buying soccer club Manchester United, without...

Costa Rica eyes raising $2.7 billion via sale of state financial assets

SAN JOSE - Costa Rica's President Rodrigo Chaves said on Tuesday he plans to present a bill to sell state-owned banks Banco de Costa Rica and Banco Internacional de Costa Rica, as well as 49% of...

Citi appoints Aveline San as Hong Kong and Macau chief executive

HONG KONG - Citigroup (NYSE:C) said on Wednesday it has appointed Aveline San as the chief executive of its Hong Kong and Macau businesses. San, who has 25 years experience in banking, replaces...

Chinese Stocks Jump on Stimulus Hopes, Asian Bourses Rise

By Ambar Warrick Investing.com-- Most Asian stock markets rose on Wednesday following a strong lead-in from Wall Street, with Chinese indexes rising sharply as investors looked to more stimulus...

Apple sets Sept 5 deadline for employees to return to office

-Apple Inc has set a Sept. 5 deadline for corporate employees to return to office at least three days a week, a Bloomberg News report said on Monday. The company, which told its employees of the...

Judge orders Twitter to give Elon Musk former executive's documents

By Tom Hals WILMINGTON, Del - Twitter Inc (NYSE:TWTR) needs to give Elon Musk documents from a former Twitter executive who Musk said was a key figure in calculating the amount of fake accounts...

Twitter reintroduces election misinformation rules ahead of U.S. midterms

By Sheila Dang - Twitter Inc (NYSE:TWTR) will revive features on the social media site to promote accurate information about the November U.S. midterm election and clamp down on false and...

Two key lawmakers want briefing on U.S. safety probes into Tesla

WASHINGTON - Two key lawmakers asked the U.S. auto safety regulator for a briefing on the agency's ongoing Tesla (NASDAQ:TSLA) Inc investigations into safety concerns involving Autopilot and...

Affirm Holdings Affirm Momentum 'Likely Continued' into FQ4

By Sam Boughedda Shares of Affirm Holdings Inc were reiterated with a Buy rating and a $45 per share price target by a BofA analyst on Thursday ahead of its earnings release. The analyst said the...

Israel stocks higher at close of trade; TA 35 up 0.90%

Investing.com – Israel stocks were higher after the close on Thursday, as gains in the Real Estate, Insurance and Technology sectors led shares higher. The best performers of the session on the TA...

Ukraine's creditors agree to two-year payment freeze on almost $20 billion in international bonds

By Jorgelina do Rosario, Rodrigo Campos and Karin Strohecker LONDON/NEW YORK -Ukraine's overseas creditors have backed its request for a two-year freeze on payments on almost $20 billion in...

Gaming industry's fortunes fade as spending squeeze follows pandemic bump

By Tiyashi Datta - Gaming companies are facing a slowdown in demand for video games from pandemic highs, raising doubts about their ability to weather an economic downturn. Rising prices and a...

Exclusive: Ripple Labs 'interested' in bankrupt crypto lender Celsius' assets

- San Francisco-based blockchain payments company Ripple Labs Inc is interested in potentially purchasing assets of bankrupt crypto lender Celsius Network, according to a company spokesperson. "We...

Exclusive: Freeport LNG retracts force majeure, widening losses for gas buyers

By Julia Payne and Marwa Rashad LONDON - Top U.S. gas exporter, Freeport LNG, has retracted the force majeure it initially declared after an explosion in June, a development that could cost its...

Wall St climbs as signs of cooling inflation ease rate hike bets

By Bansari Mayur Kamdar and Sruthi Shankar - Wall Street's main indexes rose more than 1% on Wednesday after data showing a slower-than-expected rise in inflation in July prompted traders to cut...

Another Show-Me Story: Twilio Stock Cut to Hold at Argus

By Senad Karaahmetovic An Argus analyst cut the rating on Twilio to Hold from Buy in response to weak Q3 guidance that the company offered last week. The outlook implies a top-line growth of 31%,...

Futures tick higher as investors brace for inflation data

- U.S. stock index futures edged higher on Wednesday ahead of keenly awaited consumer prices data, which will allow investors to determine if inflation is peaking and help calibrate their...

Cathay Pacific narrows first-half loss as passenger numbers rise

- Hong Kong's Cathay Pacific Airways (OTC:CPCAY) Ltd posted on Wednesday a first-half loss of HK$5 billion ($637 million), narrowing from the prior year's HK$7.57 billion, as easing quarantine...

China property developers' woes cast shadow over management units

By Clare Jim and Xie Yu HONG KONG - China's real estate crisis is casting a darkening cloud over governance and financial prospects of once highly valued property management companies, triggering...

Elon Musk sells 7.92 million Tesla shares worth $6.9 billion

- Tesla (NASDAQ:TSLA) Inc Chief Executive Officer Elon Musk has sold 7.92 million shares of the electric vehicle maker worth $6.9 billion, six U.S. securities filings showed on Tuesday. (Reuters)...

Lenovo Weathers China Slowdown With 11% Jump In Qtrly Profit

By Ambar Warrick Investing.com-- Electronic devices maker Lenovo Group posted a higher-than-expected quarterly profit on Wednesday as strong smartphone sales and a better international presence...

Ford raises prices of electric F-150 pickup amid high commodity costs

- Ford Motor (NYSE:F) Co said on Tuesday it would raise the prices of its electric F-150 Lightning pickup as the U.S. carmaker deals with surging raw material costs. The automaker said prices for...

Burning cash, commercial EV startups race to deliver vehicles

By Nick Carey, Lisa Baertlein and Ben Klayman NUNEATON, England - A handful of commercial electric vehicle (EV) startups are burning through cash fast, racing to bring vans or trucks to market...

SAS pilots support SAS wage deal, won't resume strike

STOCKHOLM - Swedish, Danish and Norwegian pilot union members have voted in favour of adopting the collective bargaining agreement reached with airline SAS last month, the labour unions said in...

Brazil's Eletrobras elects new CEO and chairman

SAO PAULO - The board of directors of Brazilian power company Eletrobras on Friday elected Wilson Ferreira Junior as its new chief executive and Ivan de Souza Monteiro as the chairman of the...

U.S. auto trade group warns EV tax proposal would make 70% ineligible

WASHINGTON - A group representing General Motors (NYSE:GM), Toyota Motor (NYSE:TM), Volkswagen (ETR:VOWG_p) and other major automakers warned late on Friday that a U.S. Senate Democratic proposal...

California regulator claims Tesla falsely advertised Autopilot, Full Self-Driving

By David Shepardson and Jonathan Stempel WASHINGTON/NEW YORK - Tesla (NASDAQ:TSLA) Inc, the electric car company run by billionaire Elon Musk, has been accused by a California state...

U.S. hotels spin travel demand into gold as airlines struggle

By Gigi Zamora - Staff shortages, airport chaos and higher fuel costs have caused earnings at U.S. airlines like JetBlue Airways (NASDAQ:JBLU) to land below analysts' expectations while hotel...

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