Boeing aids Spirit AeroSystems to overcome production challenges

Spirit AeroSystems (NYSE:SPR), a former division of Boeing (NYSE:BA), has secured a collaboration deal with Boeing, resulting in a 20%…

Earnings Call: America Movil Reports Q3 2023 Results, Highlights Growth in Wireless Subscribers and Corporate Network Services

In its Third Quarter 2023 Conference Call and Webcast, telecommunications giant America Movil (NYSE:AMX) reported an addition of nearly 3…

U.S. Industrial Stocks Slide Amid Recession Fears and Rising Bond Yields

In the face of rising interest rates and oil prices, U.S. industrial and transportation stocks saw a significant downturn on…

Earnings call: Tesla’s AI development and energy division lead Q3 results, Musk highlights future growth challenges

In a recent earnings call, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk underscored the company’s advancements in artificial intelligence (AI) and…

Gold prices retreat from two-month high ahead of Powell’s speech

Gold prices have descended from over two-month highs as markets anticipate Federal Reserve Chair Jerome Powell’s imminent speech and react…

Goldman Sachs downgrades Dr Lal PathLabs amidst increasing competition

Goldman Sachs has downgraded its rating for Dr Lal PathLabs to ‘sell’, leading to a 3% fall in the company’s…

TSMC Q3 Income Surpasses Estimates, Production Capacity Stretched Until 2024

Taiwan Semiconductor Manufacturing Company (TSMC), a leading global contract chipmaker, reported a Q3 net income of NT$211 billion ($6.69 billion)…

Nokia to cut up to 14,000 jobs as US demand shrinks

(Reuters) – Finnish telecom gear group Nokia (NYSE:NOK) will cut up to 14,000 jobs to reduce costs, it said on…

Reality check, as Country Garden sells down a barely started Australia project

(Reuters) – Four years after Chinese property giant Country Garden launched a A$2 billion ($1.27 billion) development of 3,600 homes…

Japan stocks lower at close of trade; Nikkei 225 down 1.86%

Japan stocks were lower after the close on Thursday, as losses in the Shipbuilding, Pharmaceutical Industry and Glass sectors led…