By Aditi Shah NEW DELHI/SHANGHAI (Reuters) -General Motors (GM) said on Friday it had called off the sale of a shuttered Indian plant to China’s Great Wall Motor after they failed to obtain regulatory approvals, amid a tougher stance by New Delhi towards investments from Beijing. GM struck a deal in January 2020 to sell… Continue reading GM calls off plan to sell India car plant to China’s Great Wall
Author: Yarhow_Finance Online News
Stock market news lives updates: Stocks fall after S&P 500’s worst first half since 1970
US stocks fell during a choppy session Friday, as equities struggled for direction after their worst start to the year in decades. The S&P 500 dropped by about 0.7% and shook off earlier gains. The Dow and Nasdaq also fluctuated between gains and losses, and traded lower as of 10:53 a.m. ET. The moves came… Continue reading Stock market news lives updates: Stocks fall after S&P 500’s worst first half since 1970
NIO, XPeng and Li Auto Deliveries Set a Record. That Can Help Tesla Stock, Too.
Reuters Tesla’s run of record deliveries may be reaching the end of the road SAN FRANCISCO (Reuters) -Tesla Inc is expected to end its nearly two-year-long run of record quarterly deliveries as a prolonged COVID-related shutdown in Shanghai hit its production and supply chain, highlighting the risks of its reliance on China. While Tesla Chief… Continue reading NIO, XPeng and Li Auto Deliveries Set a Record. That Can Help Tesla Stock, Too.
Chinese automakers Nio, Xpeng, and Li Auto record major year-over-year delivery surges
MarketWatch Li Auto stock rallies after June EV deliveries rise nearly 70% The U.S.-listed shares of Li Auto Inc. rose 1.5% in premarket trading Friday, after the China-based electric vehicle maker reported a more than 63% jump in second-quarter deliveries. The company said it delivered 13,024 Li ONEs in June, up 68.9% from a year… Continue reading Chinese automakers Nio, Xpeng, and Li Auto record major year-over-year delivery surges
Meta, Coinbase, Tesla: All of the tech companies hitting the brakes on hiring
Tech companies continue to hit the breaks on hiring against the backdrop of a declining stock market and recession fears. On June 30th, Meta’s (META) founder and CEO Mark Zuckerberg said the social media giant would scale back hiring and warned of an economic downturn. “If I had to bet, I’d say that this might… Continue reading Meta, Coinbase, Tesla: All of the tech companies hitting the brakes on hiring
Bond markets move to the downside, mega cap tech stocks hold on to gains
American City Business Journals Oregon’s sports business industry remains top tier, PBA study finds Home to the world headquarters of Nike, the North American headquarters of Adidas and dozens of other footwear and apparel businesses, Oregon and specifically Portland are known for their robust sports business ecosystem. A recent study conducted by Portland Business Alliance… Continue reading Bond markets move to the downside, mega cap tech stocks hold on to gains
GM earnings: ‘It’s a boy that cried wolf,’ analyst says
Reuters GM vehicle sales tumble 15% as chip crunch, supply snags drag (Reuters) -General Motors Co reported a 15% drop in second-quarter auto sales on Friday, as a global chip shortage and supply chain disruptions hit production and left nearly 100,000 vehicles waiting for more parts. The U.S. auto industry is struggling to keep up… Continue reading GM earnings: ‘It’s a boy that cried wolf,’ analyst says
5 Best Chinese Stocks: Two EV Stocks In Buy Zones
MarketWatch NIO stock jumps after June EV deliveries rise sharply from a last month and from last year The U.S.-listed shares of NIO Inc. jumped 2.4% in premarket trading Friday, after the China-based electric vehicle maker reported June deliveries that rose sharply from last month and from a last year. The company said it delivered… Continue reading 5 Best Chinese Stocks: Two EV Stocks In Buy Zones
Eaton Ahead or on Pace to Meet Many of Its Ambitious 2030 Sustainability Goals
DUBLIN –News Direct– Eaton DUBLIN, June 30, 2022 /3BL Media/ – As part of its ongoing focus on transparency, intelligent power management company Eaton (NYSE:ETN) today released two reports featuring the company’s progress in meeting its 2030 sustainability goals. Eaton’s 2021 Sustainability Report highlights efforts toward achieving the company’s science-based greenhouse gas reduction (GHG) targets,… Continue reading Eaton Ahead or on Pace to Meet Many of Its Ambitious 2030 Sustainability Goals
Google searches for electric vehicles and Tesla climb amid high gas prices
Yahoo Finance Live’s Brian Sozzi breaks down the chart of the day. Video Transcript BRIAN SOZZI: All right. With gas prices staying stubbornly high, consumers are on the hunt for electric vehicles. Check out some new Google search data on EVs compiled by Goldman Sachs. You can see a big spike in search interest in… Continue reading Google searches for electric vehicles and Tesla climb amid high gas prices