France’s Renault plans no big price cuts despite Tesla challenge
(Reuters) -Renault does not plan to drastically cut prices on its electric vehicles, including the recently launched Megane E-Tech, and…
Deutsche Bank plans to cut jobs, shrink board – source
(Reuters) – Deutsche Bank (ETR:DBKGn) plans to reduce its executive board to nine members from 10 and to cut some jobs in…
Volkswagen: US-made ID.4 models eligible for full tax credit
(Reuters) – Volkswagen (ETR:VOWG_p)’s U.S.-assembled ID.4 models will be eligible for a $7,500 tax credit this year, according to the…
South Korea announces $15 billion investment in advanced battery technologies
(Reuters) – The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1 billion)…
Insurer Travelers profit falls on U.S. storm costs
(Reuters) – Property and casualty insurer Travelers Companies (NYSE:TRV) Inc on Wednesday reported a 6% fall in quarterly profit, hurt…
CDW slides on weak preliminary sales; analysts see a buying opportunity
Shares of CDW Corp. (NASDAQ:CDW) are down about 5.5% in pre-market Wednesday after the company announced preliminary Q1 results. The IT…
Biden’s push for electric vehicles hits deep in the heart of Texas
(Reuters) – At Toyota Motor (NYSE:TM) Corp’s sprawling factory here, just 16 miles (26 km) from the Alamo, a new gasoline-fueled Tundra…
Glencore raises pressure on Teck Resources with promise of sweeter bid
(Reuters) – Glencore (OTC:GLNCY) has told Teck Resources (NYSE:TECK) shareholders it is willing to improve its $22.5 billion takeover offer,…
Dow futures slide lower as investors digest earnings
U.S. stock futures pointed to a lower open on Wall Street on Wednesday as investors weighed mixed earnings reports from…
Shanghai auto show crowds flock to BYD’s Seagull
(Reuters) – At the Shanghai auto show this week, the largest crowds can be found around an unassuming, bright yellow…