(Adds detail, context) By Aditi Shah NEW DELHI, July 1 (Reuters) – China’s Great Wall Motor has shelved plans to invest $1 billion in India and laid off all employees at its operations there after failing to obtain regulatory approvals, three sources with direct knowledge of the matter said on Friday. The Chinese automaker has… Continue reading UPDATE 1-China’s Great Wall Motor shelves $1 bln India plan -sources
Author: Yarhow_Finance Online News
China’s Great Wall Motor shelves $1 billion India plan -sources
By Aditi Shah NEW DELHI (Reuters) -China’s Great Wall Motor has shelved plans to invest $1 billion in India and laid off all employees at its operations there after failing to obtain regulatory approvals, three sources with direct knowledge of the matter said on Friday. The Chinese automaker has been planning to enter the Indian… Continue reading China’s Great Wall Motor shelves $1 billion India plan -sources
Big-name investors are back putting more ‘junk’ in their funds, despite the carnage in bonds
Motley Fool Why Nvidia Stock Fell 15% This Week Shares of Nvidia (NASDAQ: NVDA) plunged this week after the company’s stock received a price target cut, some analysts had a few negative comments about the chip market, and investors worried that comments made from another chip company about slowing demand might mean bad news for… Continue reading Big-name investors are back putting more ‘junk’ in their funds, despite the carnage in bonds
Should You Be Concerned About Dana Incorporated’s (NYSE:DAN) ROE?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, we’ll look at ROE to gain a better understanding of Dana Incorporated (NYSE:DAN). Return on equity or ROE is… Continue reading Should You Be Concerned About Dana Incorporated’s (NYSE:DAN) ROE?
After sale, Downtown Goodyear site to become housing
MarketWatch Here’s what one investor says he’s learned from Warren Buffett and Charlie Munger — and the mistakes he’s made Monish Pabrai, the founder of both the Pabrai Investment Funds and the Dhando Funds and an author on investing, gave an interesting interview earlier this month on what he has learned from legendary investors Warren… Continue reading After sale, Downtown Goodyear site to become housing
UPDATE 2-GM calls off plan to sell India car plant to China’s Great Wall
(Adds Chinese foreign ministry comment) By Aditi Shah NEW DELHI/SHANGHAI, July 1 (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… Continue reading UPDATE 2-GM calls off plan to sell India car plant to China’s Great Wall
GM calls off plan to sell India car plant to China’s Great Wall
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
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