Tesla ‘serious’ on establishing India production, innovation base, minister says
(Reuters) – Tesla (NASDAQ:TSLA) Inc is “serious” about its plans to establish a manufacturing base in India, the country’s deputy…
Samsung to keep Google as default search engine, no longer mulls switch to Bing
Samsung (OTC:SSNLF) is no longer considering a switch of the default search engine on its devices, and will stick with…
Deere raises annual profit outlook on healthy equipment demand
(Reuters) – Deere & Co on Friday reported a rise in second-quarter profit on strong sales for its tractors and…
NASA to name second company to build astronaut lunar lander
(Reuters) – U.S. space officials are set on Friday to reveal a second company that would build a spacecraft to…
FTC effort to stop Amgen’s Horizon takeover faces uphill fight
(Reuters) – The Federal Trade Commission (FTC) faces an uphill battle in its fight against Amgen Inc (NASDAQ:AMGN)’s $27.8 billion acquisition of…
Pent-up demand promises record tourist season for southern Europe
(Reuters) – After three years of pandemic travel restrictions and rocketing energy costs, tourism is back with a vengeance to…
Farfetch stock surges 20% on Q1 beat; BofA sees an ‘inflection point’
Farfetch Limited (NYSE:FTCH) shares surged more than 20% in pre-open Friday following the company’s reported Q1 results. The company reported a loss…
Hong Kong exchange to roll out new dual counter model in June
(Reuters) – The Hong Kong Stock Exchange said on Friday it would launch the new dual counter trading model on…
Applied Materials delivers a beat-and-raise quarter; analysts positive
Applied Materials (NASDAQ:AMAT) reported better-than-expected FQ2 results, although its shares still trade about 2% lower in pre-market Friday. The chipmaker…
AstraZeneca’s China boss says drugmaker will seek to “love the Communist Party”
(Reuters) – Global drugmaker AstraZeneca (NASDAQ:AZN) will seek to be a patriotic company in China that “loves the Communist Party”,…