Factbox-What you need to know about Ampere, Renault’s EV unit
(Reuters) – French car maker Renault (EPA:RENA) is holding an investor day for its electric vehicle unit Ampere, which was…
TJ Maxx parent lifts annual sales forecast on steady off-price demand
(Reuters) -TJX Cos raised its annual sales and profit forecasts on Wednesday, boosted by steady demand from budget-conscious customers looking…
Elliott-stock Goodyear Tire gains as it seeks to shed assets, cut costs under a new CEO
Goodyear Tire (GT), a stock owned by activist hedge fund Elliott Investment Management, gained over 8% in early trading Wednesday…
EU asks Amazon to clarify its measures to protect customers
(Reuters) – The European Commission on Wednesday said it had given Amazon (NASDAQ:AMZN) until Dec. 6 to provide more information…
Dow futures rise; Target earnings, retail sales due
U.S. stock futures edged higher Wednesday, as investors digested a cooler than expected inflation report ahead of the release of…
Xiaomi previews debut electric vehicles with advanced features
Chinese technology firm Xiaomi (OTC:XIACF) Corp has made a significant stride into the electric vehicle (EV) market with its first…
Soros fund sells remaining stake in Rivian, buys 1.5M shares of Novo Nordisk in Q3
George Soros’s investment firm dissolved its stake in electric vehicle maker Rivian Automotive in the third quarter, while taking up…
Oil dips on prospect of peak US production, despite strong demand signals
(Reuters) – Oil prices dipped on Wednesday amid signs the United States, the world’s biggest oil producer, is at peak…
Gold and copper prices rally as US inflation data softens
Precious metals, including gold, experienced a notable surge on Tuesday as the U.S. consumer price index (CPI) for October showed…
FBI struggled to disrupt dangerous casino hacking gang, cyber responders say
(Reuters) – The U.S. Federal Bureau of Investigation (FBI) has struggled to stop a hyper-aggressive cybercrime gang that’s been tormenting…