Tesla China sales fall nearly 18% in November
Sales of Tesla’s (TSLA) Chinese made electric vehicles dropped by 17.8% in November compared to the previous year, reaching 82,432…
Evergrande liquidation hearing pushed to Jan, focus on new debt revamp plan
(Reuters) – China Evergrande Group on Monday said it has been granted an adjournment of a court hearing into a…
Gold prices hit record high on bets of early Fed rate cuts
Gold prices touched an all-time high on Monday, but later pared back some of these gains, as traders bet on…
Southwest Gas targets spring/summer 2024 for Centuri IPO
Southwest Gas (NYSE:SWX) Holdings Inc has announced its plans to take its subsidiary, Centuri Holdings, public with an initial public…
Mizuho sees potential earnings revision risks for Alphabet
The Street is optimistic about Alphabet’s (NASDAQ:GOOGL) cloud revenue growth and operating margins, according to analysts at Mizuho. The analysts,…
Ford’s US vehicle sales slip 0.5% in November
(Reuters) – Ford Motor posted a 0.5% drop in U.S. new vehicle sales for November on Monday, as the automaker…
Global banks face negative outlook, property stress in 2024 – Moody’s
(Reuters) – Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on profitability mean that banks…
Telefonica seeks to cut 5,100 jobs in Spain by 2026, union says
(Reuters) – Telefonica told unions on Monday it was seeking to cut around 5,100 jobs in Spain by 2026 in…
Spanish media association files $598 million lawsuit against Facebook owner Meta
(Reuters) -A group representing 83 Spanish media outlets on Monday said it has filed a 550 million euro ($598 million)…
Brookfield’s bid for Origin Energy falters as shareholders vote falls short
In a recent turn of events, Origin Energy’s shareholders have voted against the Scheme of Arrangement with Brookfield Asset Management…