Xiaomi Seeks $5.3 Billion in Share Sale to Fund EV Expansion
Xiaomi Corp. kicked off a share sale that may fetch as much as $5.3 billion, capitalizing on a surge in…
Oil firms as market weighs Iran sanctions and talks over Russia-Ukraine ceasefire
Oil prices climbed in choppy trade on Monday as investors weighed the impact of fresh U.S. sanctions on Iranian exports…
Energy stocks outperform year to date amid inflation, tariff uncertainty
Energy stocks have outperformed the broader markets this year as investors shift from the tech play in favor of companies…
Netflix gave director $55 million – he spent it on cars, hotels and suing Netflix for more money
Netflix paid a director $55 million for a show that never got made. Most of it was spent on Rolls…
Union petition at Tesla’s German plant demands longer breaks, more staff for Model Y ramp-up
Around 3,000 workers at Tesla’s German plant signed a union petition for longer breaks and more staff, even as the…
Apple losing over $1 billion a year on streaming service
Apple (AAPL) is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing…
Amazon to sell carbon credits to suppliers, customers
Amazon has begun selling carbon credits to its suppliers, business customers and other companies, the U.S. retail giant said, which…
Citi hikes gold price target for next 3 months to $3,200 per ounce
Citi Research on Thursday raised its gold price target for the next three months to $3,200 per ounce from $3,000,…
Boeing Stock Rockets, Suppliers Rally, On Deliveries Affirmation
Boeing stock soared on Wednesday to notch its best single-day advance in more than two years after the Dow Jones…
Tesla Recalls 46,000 Cybertrucks Over Exterior Panel Safety Concerns
Tesla (TSLA, Financial) is recalling 46,096 Cybertrucks in the United States after identifying an exterior trim defect that could detach…