By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – As Boeing battles disruption in its supply chains, investors will be looking for the largest U.S. planemaker to satisfy questions a[...]
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January 24, 2023
Tesla’s slowing sales, shrinking margins in focus in EV price war
By Akash Sriram (Reuters) – Tesla Inc on Wednesday is expected to report the slowest sales growth in 10 quarters on underwhelming deliveries, days after its move to stir demand and choke competi[...]
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European shares slip as economic growth data fuels rate hike concerns
By Sruthi Shankar (Reuters) -European stocks reversed early gains on Tuesday as better-than-expected business activity data in the euro zone failed to excite investors worried about further interest r[...]
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Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership
By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth the transition to the next generation of the family, Lorenzo Berte[...]
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Halliburton tops Wall Street estimates as equipment remains fully booked
By Arunima Kumar and Liz Hampton (Reuters) -U.S. oilfield services firm Halliburton Co on Tuesday topped Wall Street profit estimates for its fourth quarter and said its shale oil-well fracking equipm[...]
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Honda to create division to speed up electrification development
TOKYO (Reuters) -Honda Motor Co said on Tuesday it would create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organisational structure.[...]
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Stellantis recalls 76,000 plug-in hybrid minivans over engine issue
By David Shepardson WASHINGTON (Reuters) – Automaker Stellantis’ U.S. unit said on Tuesday it was recalling 76,000 plug-in hybrid electric minivans because of a short circuit issue that co[...]
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GE profit forecast disappoints amid troubles at renewable energy business
By Rajesh Kumar Singh and Abhijith Ganapavaram CHICAGO (Reuters) – General Electric Co on Tuesday exceeded expectations for quarterly earnings on robust demand for jet engines and power equipmen[...]
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Europe’s revenue growth expected to slow to a crawl in Q4
LONDON (Reuters) – Revenue at Europe’s largest companies is expected to have risen by just 0.9% in the fourth quarter, Refinitiv I/B/E/S data showed on Tuesday, down from 27.4% in the thir[...]
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