Chinese automaker BYD to make EVs in Vietnam
(Reuters) – Chinese automaker BYD Co (OTC:BYDDF). plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to…
Toyota suspends sales of Yaris model after safety test problem
(Reuters) -Japanese carmaker Toyota Motor (NYSE:TM) Corp has stopped sales of its Yaris Ativ, a senior official said on Monday, after its…
Australia stocks higher at close of trade; S&P/ASX 200 up 0.78%
Australia stocks were higher after the close on Monday, as gains in the Energy, Resources and Materials sectors led shares higher. At the close in…
Japan stocks lower at close of trade; Nikkei 225 down 0.68%
Japan stocks were lower after the close on Monday, as losses in the Real Estate, Finance & Investment and Food sectors led shares lower. At…
Qualcomm to acquire Israeli auto-chip maker Autotalks
(Reuters) – Chip designer Qualcomm (NASDAQ:QCOM) Inc said on Monday it would buy Israel’s Autotalks Ltd that makes chips used…
Siemens, SAP say EU draft Data Act puts trade secrets at risk
(Reuters) – German business software maker SAP and German engineering company Siemens have joined U.S. tech giants in criticising draft…
Monster Beverage earnings boosted by price hikes
Monster Beverage (NASDAQ:MNST) reported better-than-expected earnings and revenue in the first quarter, with price increases positively impacting its results. The energy…
Cigna’s health insurance strength drives profit forecast raise
(Reuters) – Cigna Group on Friday raised its annual profit forecast after lower medical costs at the company’s health insurance…
DXY: Dollar Index Set to Close Another Week in the Red as Rate Hikes Weigh on Sentiment
The American currency has been increasingly pressured on multiple fronts, both from the inside and out. The dollar index, DXY, is…
AAPL: iPhone Sales Top Estimates with $51.3bn Revenue, Apple Stock Jumps 2%
Apple’s first-quarter revenue came in above estimates but lagged behind the year-ago quarter. Apple reported better-than-expected earnings figures on Thursday, after…