Shares of Ford and GM strained as UAW strike becomes more likely
Although there are not a lot of details surrounding the ongoing UAW negotiations, Citi believes the recent ups and downs…
‘Motivated by a greater sense of urgency,’ Deutsche Bank raises estimates on Nio ahead of 2Q release
Deutsche Bank reiterated a Buy rating on Nio Inc (NYSE:NIO) and raised their 12-month price target on the stock to…
US opens investigation into fatal Tesla crash in Virginia
(Reuters) – U.S. auto safety regulators said Thursday they are opening a special crash investigation into a fatal accident in…
European stocks fall on U.S. inflation uncertainty, China worries
(Reuters) -European stock indexes fell on Friday and Wall Street futures were flat, after data the previous session showed U.S.…
Gold set for worst week in seven on dollar, yields strength
(Reuters) – Gold prices on Friday were on track for their worst week in seven, hurt by an overall stronger…
Tesla selects Volex as licensed partner to build NACS
Volex, a specialist in critical power and data transmission, has been selected as an official licensed partner by Tesla (NASDAQ:TSLA)…
Olam Group expects agricultural unit’s Singapore-Saudi dual IPO by 2024 first half
(Reuters) – Singapore’s Olam Group said on Friday it is targeting the IPO of its agricultural unit by the first…
BYD calls on China automakers to unite, ‘demolish the old’ in global push
(Reuters) – A patriotic call by China’s bestselling automaker to band the industry together and “demolish the old legends” of…
Futures subdued after turbulent session, eyes on inflation data
(Reuters) – U.S. stock index futures were subdued on Friday, with investors cautious ahead of the producer prices inflation data…
Country Garden restructuring fears deepen concerns about China property sector
(Reuters) – Fears that Chinese property giant Country Garden was preparing for a debt restructuring sent its securities to a…