Senior Aerospace secures $12m deal with UAE’s Strata for Boeing parts
Senior Aerospace, a key player within the aerospace and defense markets, has secured a lucrative seven-year contract with Strata Manufacturing,…
European stocks mixed; eurozone PMIs, inflation data in focus
European stock markets traded in a mixed fashion Tuesday, as investors awaited more regional economic data while assessing the outlook…
US factory orders fall 3.6% in October
(Reuters) – New orders for U.S.-made goods fell more than expected in October, marking the biggest monthly drop in roughly…
Goldman Sachs cautions against market optimism on Fed rate cuts
Goldman Sachs strategists have issued a cautionary note regarding the market’s current expectations for Federal Reserve interest rate cuts. The…
Continental prepares for asset sales, tightens 2023 targets
(Reuters) – Continental will make its user experience unit, which makes instrument panels and displays for vehicles, independent, opening up…
Climate finance in the spotlight at COP28 climate talks
(Reuters) – Money pledges stacked up at COP28 in Dubai on Monday as delegates sought to address the huge gap…
Berkshire declines to pursue its Pilot claims at January trial
(Reuters) – Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) declined a judge’s offer for a January trial to resolve its claims that…
Tesla China sales fall nearly 18% in November
Sales of Tesla’s (TSLA) Chinese made electric vehicles dropped by 17.8% in November compared to the previous year, reaching 82,432…
Evergrande liquidation hearing pushed to Jan, focus on new debt revamp plan
(Reuters) – China Evergrande Group on Monday said it has been granted an adjournment of a court hearing into a…
Gold prices hit record high on bets of early Fed rate cuts
Gold prices touched an all-time high on Monday, but later pared back some of these gains, as traders bet on…