Tesla cuts Model S and X prices by over 6% in China
(Reuters) – Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in…
Asian stocks slip as China data continues to disappoint
(Reuters) – Asian stocks stumbled on Wednesday, as more disappointing Chinese economic data and the absence of meaningful stimulus from…
Japan stocks lower at close of trade; Nikkei 225 down 1.39%
Japan stocks were lower after the close on Wednesday, as losses in the Real Estate, Non-Metal Minerals and Glass sectors…
Australia’s corporate regulator calls for better handling of insurance claims
(Reuters) – Australia’s corporate regulator said on Wednesday it had asked the country’s general insurers to improve their claims handling…
H&M probes Myanmar factory abuses as pressure intensifies
(Reuters) – H&M is investigating 20 alleged instances of labour abuse at Myanmar garment factories that supply the world’s second-largest…
Australia stocks lower at close of trade; S&P/ASX 200 down 1.50%
Australia stocks were lower after the close on Wednesday, as losses in the IT, Metals & Mining and Materials sectors…
European stocks edge higher, helped by sharp drop in U.K. inflation data
European stock markets stabilized Wednesday, with investors digesting better than expected U.K. inflation numbers, more corporate earnings as well as…
Bankrupt Lordstown Motors reaches $40 million settlement with Karma Automotive
(Reuters) – Lordstown Motors said on Tuesday it had reached a $40-million settlement with Karma Automotive over a 2020 lawsuit…
Wall St falls on rate concerns fueled by retail sales data, big banks drop
(Reuters) – Wall Street’s main indexes fell on Tuesday after stronger-than-expected retail sales data stoked worries interest rates could stay…
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.70%
Saudi Arabia stocks were lower after the close on Tuesday, as losses in the Real Estate Development, Telecoms & IT…