VW cuts 2023 deliveries outlook, aims to boost cash flow
(Reuters) -Volkswagen said on Thursday it will aim to improve its cash flow in the second half as the German…
US lawmakers struggle to find deal on self-driving cars
(Reuters) – Congress still faces serious hurdles to winning approval for long-stalled legislation to speed the adoption of self-driving cars.…
Shell, TotalEnergies profits slump as oil, gas prices cool after bumper 2022
(Reuters) – Shell (LON:SHEL) and TotalEnergies (EPA:TTEF) reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and…
AI lesson for Microsoft and Google: Spend money to make money
(Reuters) – Artificial intelligence is expected to pay off big for tech giants including Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) someday.…
XPeng and Volkswagen enter $700M strategic EV partnership and share agreement
Chinese electric vehicle maker, XPeng (NYSE:XPEV) announced alongside Volkswagen (ETR:VOWG_p) that the two automakers have entered into a strategic technical…
Santander Brasil weighs on group results as Q2 net profit falls 45%
(Reuters) -Brazilian lender Santander Brasil on Wednesday reported a 45% drop in second quarter net profit, dragging on the performance…
Evergrande electric vehicle unit reports about $10 billion loss for 2021, 2022
(Reuters) – China Evergrande New Energy Vehicle Group reported a combined net loss of 71.12 billion yuan ($9.95 billion) for…
Boeing boosts monthly 737 production to 38, posts upbeat earnings
(Reuters) -Boeing said on Wednesday it was ramping up production of its bestselling 737 MAX narrow-body jet to 38 per…
Coca-Cola raises revenue, profit forecasts on resilient demand, higher prices
(Reuters) -Coca-Cola Co raised its annual revenue and profit forecasts on Wednesday, betting on higher pricing and resilient demand for…
India stocks higher at close of trade; Nifty 50 up 0.50%
India stocks were higher after the close on Wednesday, as gains in the Capital Goods, Real Estate and Fast Moving…