China Asks Tech Giants to Showcase Investments in Sign of Easing
China has asked its largest technology companies to provide case studies of their most successful startup investments in
2023-07-28 10:48
Evergrande EV Unit Slumps 68% as Trading Resumes After Long Halt
China Evergrande New Energy Vehicle Group Ltd. tumbled 68% early Friday as trading resumed in the troubled company’s
2023-07-28 09:50
Ford Blames EV Price War for Delay in Plans to Boost Output
Ford Motor Co.’s is throttling back on plans to ramp-up electric vehicle production, pointing the finger at a
2023-07-28 07:18
US States Can Finally Start Applying for IRA Incentive Money
Almost a year after US President Joe Biden signed the Inflation Reduction Act into law, American consumers are
2023-07-28 06:52
Surf Air Opens Trading at $5 a Share in Direct Listing, Then Drops
Surf Air Mobility Inc. began trading at $5 a share and fell 37% from there in the first
2023-07-28 05:58
Southwest Hits Profit Estimates, Faces Continued Rising Costs
Southwest Airlines Co. reported second-quarter earnings that matched Wall Street’s estimates as rising costs countered gains from a
2023-07-27 18:58
New Corporate VC Fund Will Bet $100 Million on Electric Vehicles
Wex Inc., a major provider of vehicle fleet management for businesses and governments, is launching a new venture
2023-07-27 18:19
Singapore Airlines Posts Record Quarterly Profit With 98% Jump
Singapore Airlines Ltd.’s net income climbed 98% from a year earlier in the three months through June to
2023-07-27 17:56
Greece Fights Wildfires as Wind Raises Risk Across Mediterranean
Greece is fighting almost 200 wildfires as strengthening winds present an additional challenge, even as the heat wave
2023-07-27 17:26
Volkswagen Earnings Miss on Hedging Effects, China Pressure
Volkswagen AG posted worse-than-expected earnings in the second quarter amid negative effects from commodity hedging and intensifying competition
2023-07-27 13:47
Renault’s Margin Rises to Record on Strong Car Demand, Prices
Renault SA’s first-half earnings exceeded recently upgraded expectations as the French carmaker continues to see strong demand and
2023-07-27 13:22
Mercedes Raises Guidance on Improved Car, Van Pricing
Mercedes-Benz Group AG raised its earnings forecast for the year after profit at its vans division rose in
2023-07-27 12:54