China’s Tencent marks return to revenue growth in first quarter
(Reuters) – China’s Tencent Holdings (OTC:TCEHY) Ltd posted a 11% rise in first-quarter revenue on Wednesday, beating analyst expectations, as…
Vietnam EV maker VinFast sees sales boom, path to breakeven
(Reuters) – Vietnam’s VinFast expects to sell as many as 50,000 electric vehicles (EVs) this year, an almost seven-fold increase…
Exchange operators, US debt ceiling jitters weigh on European shares
(Reuters) – European shares slipped on Wednesday as investors remained concerned about whether the outcome of the U.S. debt ceiling…
Hyundai Europe CEO: we won’t take a “knee-jerk reaction” to Tesla
(Reuters) – Hyundai Motor Co’s European chief said the carmaker was not making a direct change to its pricing in…
Siemens raises full year outlook after 2nd quarter sales beat
(Reuters) – Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group…
Australia stocks lower at close of trade; S&P/ASX 200 down 0.49%
Australia stocks were lower after the close on Wednesday, as losses in the Gold, Metals & Mining and Materials sectors led shares lower. At the…
Japan stocks higher at close of trade; Nikkei 225 up 0.84%
Japan stocks were higher after the close on Wednesday, as gains in the Precision Instruments, Marine Transport and Pharmaceutical Industry sectors led shares higher. At…
European stocks retreat on U.S. debt ceiling concerns; Commerzbank slumps
European stock markets traded in a cautious fashion Wednesday given the U.S. debt ceiling uncertainty and ahead of the release…
Property insurer SageSure turns ‘unicorn’ after $250 million funding round – source
(Reuters) – SageSure became a “unicorn” after the U.S. property insurer raised $250 million in its latest funding round, a…
AutoNation names Thomas Szlosek as CFO
(Reuters) – AutoNation Inc (NYSE:AN) named Thomas Szlosek as its chief financial officer, effective on or about Aug. 7, the…