Tesla to expand German EV plant near Berlin, aims for Europe’s largest vehicle factory
Tesla (NASDAQ:TSLA) aims to boost the production capacity of its assembly plant located outside Berlin to an impressive one million…
Copper miner Freeport’s profit slides 60% on lower output, Indonesia woes
(Reuters) – Miner Freeport-McMoRan (NYSE:FCX) Inc reported a 60% slump in second-quarter profit on Thursday, hurt by a drop in…
Newmont misses quarterly profit estimates on lower output
(Reuters) – Gold miner Newmont missed Wall Street estimates for second-quarter profit on Thursday, hurt by lower production due to…
Philip Morris beats profit estimates as cost pressures ease amid steady demand
(Reuters) – Philip Morris International on Thursday beat Wall Street expectations for quarterly profit, boosted by a let-up in soaring…
Oil edges higher on lower U.S. crude stocks, cautious outlook
(Reuters) – Oil prices crept higher on Thursday as a lower-than-expected drop in U.S. crude inventories and a weaker demand…
Dollar steadies after one-two punch from Aussie, Chinese yuan
(Reuters) – The dollar held mostly steady against the euro and the yen on Thursday, but dropped against the Australian…
Inditex transfers operation of Zara stores in Argentina, Uruguay to Regency Group
(Reuters) – Zara owner Inditex (BME:ITX) said on Thursday it had reached an initial agreement to transfer the operation of…
Stocks shuffle sideways, China drips in more support
(Reuters) – World share markets shuffled sideways on Thursday as investors looked ahead to a clutch of key central bank…
TSMC flags 10% fall in 2023 sales as weak global outlook weighs
(Reuters) -Taiwanese chipmaker TSMC forecast a drop of around 10% in 2023 sales on Thursday and flagged investment spending at…
Netflix quarterly revenue misses forecasts, shares slide
(Reuters) -Streaming video pioneer Netflix (NASDAQ:NFLX) disappointed Wall Street on Wednesday with second-quarter revenue that fell short of analyst estimates,…