Lucid shares drop on flat second-quarter deliveries, production drop
(Reuters) – Lucid Group’s electric-vehicle production dropped and its deliveries in the second quarter remained flat compared to the previous…
Domino’s to start using Uber for food orders, shares surge
(Reuters) -Domino’s Pizza shares surged 10% on Wednesday after the pizza chain said customers can start using Uber (NYSE:UBER)’s Uber…
China’s Huawei poised to overcome US ban with return of 5G phones -research firms
(Reuters) – China’s Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year,…
Dow futures edge higher; key inflation data in the spotlight
U.S. stock futures rose slightly Wednesday, adding to the previous session’s gains ahead of the release of key inflation data,…
Dollar hits new two-month low ahead of key U.S. inflation report
The U.S. dollar slumped to its lowest level in two months in early European hours Wednesday ahead of a crucial…
European stocks rise, helped by U.K. banking gains; U.S. CPI due
European stock markets traded higher Wednesday, helped by gains in the U.K. banking sector ahead of the release of key…
Hedge funds grow more cautious on crypto after turmoil
(Reuters) – Global hedge funds not specialising in crypto assets have grown skittish from recent industry turmoil and this has…
Australia stocks higher at close of trade; S&P/ASX 200 up 0.38%
Australia stocks were higher after the close on Wednesday, as gains in the Energy, Resources and Materials sectors led shares…
Stress test shows top 8 UK banks have enough capital, says Bank of England
(Reuters) – Britain’s eight largest lenders have enough capital to ride out economic stress deeper than the 2008 financial crisis,…
France’s Thales to acquire Cobham Aerospace Communications for $1.1 billion
(Reuters) -French defence and technology group Thales (EPA:TCFP) said on Wednesday it started talks to buy French supplier Cobham Aerospace…