Japan stocks higher at close of trade; Nikkei 225 up 0.82%

Japan stocks were higher after the close on Thursday, as gains in the Paper & Pulp, Steel and Pharmaceutical Industry…

Renault posts record H1 operating margin helped by higher priced new cars

(Reuters) – French car maker Renault (EPA:RENA) on Thursday posted an operating margin of 7.6% for the first half year,…

VW cuts 2023 deliveries outlook, aims to boost cash flow

(Reuters) -Volkswagen said on Thursday it will aim to improve its cash flow in the second half as the German…

US lawmakers struggle to find deal on self-driving cars

(Reuters) – Congress still faces serious hurdles to winning approval for long-stalled legislation to speed the adoption of self-driving cars.…

Shell, TotalEnergies profits slump as oil, gas prices cool after bumper 2022

(Reuters) – Shell (LON:SHEL) and TotalEnergies (EPA:TTEF) reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and…

AI lesson for Microsoft and Google: Spend money to make money

(Reuters) – Artificial intelligence is expected to pay off big for tech giants including Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) someday.…

XPeng and Volkswagen enter $700M strategic EV partnership and share agreement

Chinese electric vehicle maker, XPeng (NYSE:XPEV) announced alongside Volkswagen (ETR:VOWG_p) that the two automakers have entered into a strategic technical…

Santander Brasil weighs on group results as Q2 net profit falls 45%

(Reuters) -Brazilian lender Santander Brasil on Wednesday reported a 45% drop in second quarter net profit, dragging on the performance…

Oil dips ahead of Fed rate decision

(Reuters) – Oil prices slipped on Wednesday, with investors cautious ahead of an expected Federal Reserve rate hike later in…

White House launches methane emission task force to boost leak detection

(Reuters) – The Biden administration on Wednesday launched a Cabinet-level task force that will corral federal agencies to use technology…