Fisker shares fall on expanded Q3 loss, sales miss
Fisker Inc. (NYSE:FSR), often compared to the “Apple (NASDAQ:AAPL) of autos,” experienced a significant setback as its shares tumbled by…
Apple supplier Foxconn books surprise rise in quarterly profit
(Reuters) – Apple Inc supplier Foxconn reported on Tuesday a surprise 11% increase in third-quarter profit, boosted by strong demand…
Google’s expert in US antitrust trial defends billions paid to device makers
(Reuters) – The multi-billion dollar payments that Alphabet (NASDAQ:GOOGL)’s Google makes to Apple (NASDAQ:AAPL), wireless carriers and others are normal…
CVS Health shares rise for second day in mixed market trends
CVS Health Corp. (NYSE:CVS) experienced a share price increase for the second consecutive day, showcasing resilience in a market that…
Middle East asset manager Investcorp eyes up to $550 million in first China yuan fund
(Reuters) – Bahrain-based alternative asset manager Investcorp is aiming to raise 2 billion to 4 billion yuan ($274 million-$548 million)…
Joby Aviation demonstrates electric air taxi in New York, eyes 2025 launch
Joby Aviation (NYSE:JOBY), a pioneer in the development of electric vertical takeoff and landing (eVTOL) aircraft, has successfully demonstrated its…
Exclusive-US probes 30 ship managers for suspected Russia oil sanctions violations
(Reuters) – The U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it suspects…
Altus Power reports 48% surge in Q3 operating revenue
Altus Power Inc (NYSE:AMPS), a leader in solar energy solutions, has reported a significant increase in its financial performance for…
ICBC paid ransom after hack that disrupted markets, cybercriminals say
(Reuters) – China’s biggest lender, the Industrial and Commercial Bank of China (ICBC), has paid a ransom to cybercriminals who…
Renault to launch new Slovenia-made electric city car – sources
(Reuters) – Renault (EPA:RENA) will reveal the launch of an additional “affordable” city electric car during this week’s capital markets…