Battery maker LG Energy Solution warns of slowing EV demand, shares tumble
(Reuters) – South Korean battery firm LG Energy Solution (LGES) warned on Wednesday of slowing revenue growth in 2024 due…
Sony Honda Mobility could procure EV batteries from US, president says
(Reuters) – Sony (NYSE:SONY) and Honda (NYSE:HMC)’s automotive joint venture could procure batteries for its new Afeela electric vehicle from…
Honasa Consumer set to launch IPO on October 31
Honasa Consumer, the parent company of brands such as Mamaearth, The Derma Co, and Aqualogica, has announced plans to launch…
Reckitt misses like-for-like sales expectations, to launch $1.2 billion buyback
(Reuters) – Reckitt, maker of Dettol and Lysol cleaning products, on Wednesday missed third-quarter like-for-like sales expectations as volumes declined,…
Zara owner Inditex to buy recycled polyester from US start-up
(Reuters) – Zara owner Inditex (BME:ITX), the world’s biggest clothing retailer, has agreed to buy recycled polyester from U.S. start-up…
Amazon mulls offering veterinary telehealth – CNBC
Amazon (NASDAQ:AMZN) is said to be mulling an expansion into veterinary telehealth, CNBC reported Tuesday, in its latest bid to…
UAW expands strike against GM, walking out of Texas SUV plant
(Reuters) – The United Auto Workers (UAW) union struck a General Motors (NYSE:GM) assembly plant in Texas on Tuesday that…
Spotify’s user growth beats expectations, posts quarterly profit
(Reuters) – Streaming giant Spotify (NYSE:SPOT) on Tuesday reported quarterly monthly active users and subscribers ahead of expectations as it…
Cardinal Energy’s 2023 Revenue Forecast Upgraded, Outpacing Industry Peers
The covering analyst for Cardinal Energy Ltd. has substantially revised the company’s revenue forecasts for this year, indicating a brighter…
General Electric surges on another strong beat-and-raise quarter driven by aerospace
General Electric (NYSE:GE) gained 6% in early trading Tuesday following another beat and raise quarter. Total adjusted revenues for the…