European stocks higher; quarterly earnings, U.S. inflation in focus
European stock markets traded higher Thursday, with investors digesting more corporate earnings ahead of the release of a key U.S.…
US dollar dips as China deflation pulls investors into risk assets
(Reuters) – The U.S. dollar fell on Wednesday after data showed the Chinese economy slipped into deflation last month, which…
‘The clock is ticking’, UAW calls Stellantis contract ‘trash’
UAW union President Shawn Fain angrily discarded contract offers from Stellantis (NYSE:STLA) Tuesday as he discussed the extensive concessions that…
Honda records 2Q surge amid North American sales boost
Honda Motor (TYO:7267) (NYSE:HMC) announced Wednesday, a 78% surge in quarterly earnings, attributed to higher sales, particularly in North America.…
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.37%
Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Transport, Cement and Retail sectors led…
Italian banks recover after government caps windfall tax
(Reuters) -Italy’s government has capped the impact of a surprise windfall tax imposed on profits generated by the country’s banks,…
Taiwan pitches deeper Europe engagement after TSMC Germany investment
(Reuters) -Taiwan said on Wednesday chipmaker TSMC’s 3.5 billion euro ($3.83 billion) investment in Germany would drive deeper engagement between…
Li Auto looks to surpass rivals in China by 2024
Li Auto (NASDAQ:LI) announced Tuesday evening its intention to surpass the sales of BMW (ETR:BMWG), Mercedes-Benz (ETR:MBGn), and Audi (ETR:VOWG_p)…
Jet charter firm Wheels Up says Delta funding may not be enough
(Reuters) – Wheels Up Experience said on Wednesday there was “substantial doubt” about its ability to continue operations, even as…
Carvana shares rally as online used car retailer raises Q3 guidance
Carvana (NYSE:CVNA) shares have jumped premarket after the company lifted its third quarter guidance. The online used car retailer revealed…