BERLIN (Reuters) – Volkswagen said it remained intent on commissioning an independent audit of its Xinjiang plant in China and was convinced that doing so would provide valuable insight, after s[...]
Read more
Uncategorized
AT&T bounces back after it eases fears over lead cable exposure
(Reuters) -Shares of AT&T rose 6.4% on Wednesday after the telecom company said lead cables made up only a small part of its wireline network, easing fears of an expensive clean-up. Rival Verizon[...]
Read more
US Bancorp sees annual net interest income below Wall Street estimates, shares fall
(Reuters) – US Bancorp forecast full-year net interest income (NII) below Wall Street estimates, sending the lender’s shares down more than 1% in premarket trading on Wednesday. The weak f[...]
Read more
Japan’s Nissan to adopt Tesla EV-charging design from 2025 in U.S., Canada
(Reuters) – Nissan on Wednesday became the first Japanese automaker to agree to adopt Tesla’s electric-vehicle charging technology in the U.S. and Canada, joining global peers in expanding[...]
Read more
Nissan, Renault ready to announce new alliance deal in days -sources
By Maki Shiraki and Daniel Leussink TOKYO (Reuters) -Nissan and Renault will make an announcement in the coming days on their restructured alliance and have finalised the deal, three people familiar w[...]
Read more
Atlas Copco posts Q2 profit beat, but sees slowing demand
(Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but said demand was expected to weaken in the near term, sending its[...]
Read more
Brazil motor maker WEG posts Q2 net profit up 50%
SAO PAULO (Reuters) – Brazilian motor maker WEG SA reported a 50% jump in net profit, saying that “good demand” in the main regions where it operates helped it post positive figures.[...]
Read more
Nasdaq beats profit estimates on steady demand for investment products
(Reuters) – Exchange operator Nasdaq beat estimates for second-quarter profit on Wednesday on the back of consistent demand for its investment-related products and capital markets solutions such[...]
Read more
M&T Bank beats profit estimates as higher rates boost interest income
(Reuters) – M&T Bank Corporation beat Wall Street estimates for second-quarter profit on Wednesday, as the U.S. Federal Reserve’s rapid rate hikes to tame inflation boosted the lender[...]
Read more