Geely, Renault strike deal to develop gasoline engines, hybrid technology
(Reuters) – China’s Geely Automobile Holdings (OTC:GELYF) and French car maker Renault SA (OTC:RNLSY) on Tuesday said they will invest…
Meta’s Twitter rival Threads hits 100 million users in record five days
(Reuters) – Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups in five days, CEO Mark Zuckerberg said on Monday,…
GM cuts Lyriq EV price in China by 14% as market pressures intensify
(Reuters) – General Motors Co (NYSE:GM) on Monday cut the starting price for the Cadillac Lyriq in China by almost…
Amazon Prime Day discounts and fast delivery to drive share gains – BofA
BofA estimates Amazon (NASDAQ:AMZN) Prime Day could generate $12 billion in gross merchandise value (GMV), analysts revealed Monday. Prime Day…
Oil dips on Chinese and U.S. data, but OPEC+ cuts limit fall
(Reuters) – Oil prices dipped on Monday after weak economic data from top consumers the United States and China, though…
U.S. stocks are rising as investors await inflation report for June
U.S. stocks were rising on Monday ahead of inflation data for June. At 9:44 ET (13:44 GMT), the Dow Jones…
GM cuts price of Cadillac Lyriq electric vehicle in China
General Motors (NYSE:GM) has slashed the price in China of its Cadillac Lyriq luxury crossover model, in a sign of…
MercadoLibre downgraded on concerns about cross-border growth following tax rule changes in Brazil
Shares of Latin American eCommerce company MercadoLibre (NASDAQ:MELI) declined after the stock was cut from Buy to Neutral at BofA…
Timeline: Foxconn withdraws from $19.5 billion Vedanta chip plan in India
(Reuters) – Taiwan’s Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta (NYSE:VEDL), in a…
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.19%
Saudi Arabia stocks were lower after the close on Monday, as losses in the Media & Publishing, Retail and Cement…