China’s April iron ore imports up 5% y/y at 90.4 million tonnes
(Reuters) – China’s imports of iron ore rose 5.1% in April from the same period the previous year, customs data…
Iveco to fully own venture with Nikola on electric, hybrid trucks
MILAN (Reuters) – Iveco Group will buy full ownership of its joint venture with U.S. start-up Nikola Corp which develops…
Suncor Energy’s quarterly profit beats estimates on strong demand
(Reuters) – Canada’s Suncor Energy (NYSE:SU) Inc reported a better-than-expected first-quarter profit on Monday, helped by steady demand for energy…
LinkedIn cuts over 700 jobs, phases out China app as demand wavers
(Reuters) – LinkedIn, the social media network owned by Microsoft Corp (NASDAQ:MSFT) that focuses on business professionals, said on Monday it would…
PayPal adjusted margin forecast cut eclipses higher profit expectations
(Reuters) – PayPal Holdings Inc (NASDAQ:PYPL) on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending…
Li-Cycle and Glencore unveil plans for recycling hub in Italy
(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned to develop a recycling hub in Italy along…
Brazil’s ride-hailing app 99 aims to double electric cars within a year
(Reuters) – Brazilian ride-hailing app 99 is planning to more than double the number of electric cars serving its passengers…
Virgin Galactic to start commercial flight in late June, shares rise
(Reuters) – Space-tourism company Virgin Galactic Holdings (NYSE:SPCE) said on Monday that a four-member test flight will take place in…
Pound hits one-year high against struggling dollar
(Reuters) – Sterling hit an over-one-year high against the dollar on Monday as the greenback began the week under pressure,…
Ukraine farms lose workers to war, complicating a tough harvest
(Reuters) – Dutchman Kees Huizinga has faced many challenges in the two decades he has spent as a farmer in…