DUBLIN, July 05, 2022–(BUSINESS WIRE)–Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd. (Huineng), which manufactures and markets low-voltage circuit breakers in China. “This strategic relationship marks an important milestone in Eaton’s growth strategy,” said Howard Liu,… Continue reading Eaton acquires 50% stake in Jiangsu Huineng Electric Co., Ltd.’s circuit breaker business
Author: Yarhow_Finance Online News
Here’s how far house prices are set to fall as rates go up, according to this forecasting firm
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising… Continue reading Here’s how far house prices are set to fall as rates go up, according to this forecasting firm
‘The elephant in the room for Tesla,’ according to WedBush’s Dan Ives
Some storm clouds are appearing on the horizon for Tesla bulls after a respectable second quarter. “The elephant in the room for Tesla (and the broader market) is with dark economic storm clouds on the horizon and Musk himself thinking recession risk is imminent, what does this mean for Tesla’s demand story going forward?” Wedbush… Continue reading ‘The elephant in the room for Tesla,’ according to WedBush’s Dan Ives
NIO, XPeng (XPEV), Li Auto (LI) Issue June, Q2 Delivery Updates
The three major China-based smart electric vehicle (EV) companies, NIO Inc. NIO, Li Auto LI and XPeng Inc. XPEV, recently announced their respective delivery updates for June and second-quarter 2022. NIO delivered 12,961 vehicles in June 2022, marking an increase of 60.3% year over year. The deliveries consisted of 1,684 ES8s, 5,100 ES6s, 1,828 EC6s,… Continue reading NIO, XPeng (XPEV), Li Auto (LI) Issue June, Q2 Delivery Updates
Did Tesla Lose the EV Crown? Here’s What to Know.
Warren Buffett-Backed BYD sold more cars than Tesla during the first six months of the year, but that doesn’t mean it’s sold the most battery-only electric vehicles. By comparison, Tesla (TSLA) delivered almost 565,000 vehicles in the first half of the year. In the second quarter, Tesla delivered 254,695 cars, a drop of 18% compared… Continue reading Did Tesla Lose the EV Crown? Here’s What to Know.
5 Best Chinese Stocks: Two EV Makers Near Buy Points After Booming Sales
TipRanks Seeking at Least 11% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy The first half ended last week, and the S&P 500 is now firmly stuck in a bear. The rapid change from record high levels at the end of last year, to a 20%+ drop in these past six months has pummeled… Continue reading 5 Best Chinese Stocks: Two EV Makers Near Buy Points After Booming Sales
China’s New Covid Flareup Threatens Crucial Yangtze Delta Region
(Bloomberg) — China is racing to quash a new virus flareup that risks spilling over into one of its most economically significant regions, raising the specter of disruptions that could roil global supply chains for solar panels, medicines and semiconductor chips. Most Read from Bloomberg Infections have surged in Si county in the eastern province… Continue reading China’s New Covid Flareup Threatens Crucial Yangtze Delta Region
How Many Autoliv, Inc. (NYSE:ALV) Shares Do Institutions Own?
A look at the shareholders of Autoliv, Inc. (NYSE:ALV) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. We also tend to see lower insider ownership in companies that were previously publicly owned. Autoliv is a pretty… Continue reading How Many Autoliv, Inc. (NYSE:ALV) Shares Do Institutions Own?
Combined General Meeting of June 1st, 2022 – Availability of preparatory documents
FAURECIA Nanterre (France), May 11, 2022 COMBINED GENERAL MEETING OF JUNE 1st, 2022 AVAILABILITY OF PREPARATORY DOCUMENTS Faurecia informs its shareholders that they are convened to the Combined Shareholders’ Meeting to be held on Wednesday June 1st, 2022, at 2 p.m. (Paris time) at the registered office in Nanterre. The shareholders present in the Meeting… Continue reading Combined General Meeting of June 1st, 2022 – Availability of preparatory documents
Faurecia-Aptoide signs up Mercedes in infotainment win over Google
By Gilles Guillaume PARIS (Reuters) – Mercedes-Benz will use embedded Faurecia-Aptoide technology to power navigation and other vehicle infotainment functions in a crucial win for the app provider against Alphabet Inc’s Google and other technology firms to control car dashboards. The companies said on Thursday that under a multi-year partnership, from 2023 the joint venture… Continue reading Faurecia-Aptoide signs up Mercedes in infotainment win over Google