The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration Aug 2 (Reuters) – Advanced Micro Devices’s (AMD.O) shares fell about 6% on Wednesday as analysts raised concerns that the chip designer’s targets for an artificial… Continue reading Untitled
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Starbucks cups are pictured on a counter in the Manhattan borough of New York City, New York, U.S., February 16, 2022. REUTERS/Carlo Allegri/File Photo Aug 2 (Reuters) – From robotic grills to faster blenders with custom ice and milk dispensers, major U.S. restaurant chains including Starbucks , Domino’s (DPZ.N), and Chipotle (CMG.N) are touting new… Continue reading Untitled
Apollo leads deal for trucking firm Yellow’s bankruptcy loan, Bloomberg reports
Freight trucks are driven on the Fisher freeway in Detroit, Michigan March 27, 2009. REUTERS/Rebecca Cook/File Photo Aug 1 (Reuters) – Creditors led by Apollo Global Management Inc (APO.N) are nearing a deal to provide Yellow Corp (YELL.O) with fresh cash during a coming bankruptcy, Bloomberg News reported, citing people familiar with the matter. Shares… Continue reading Apollo leads deal for trucking firm Yellow’s bankruptcy loan, Bloomberg reports
Focus: For investors, green companies still hard to find with new emissions reporting rules
Summary Companies New rules make thousands more companies disclose data Boards allowed flexibility when calculating emissions Regulators expect comparability to improve over time LONDON, Aug 2 (Reuters) – Is Ford (F.N) doing a better job of cutting emissions than rival Toyota (7203.T)? Is BP (BP.L) greener than Shell (SHEL.L)? For investors looking to weed out… Continue reading Focus: For investors, green companies still hard to find with new emissions reporting rules
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Ferrari nudges up year forecasts after Q2 results, investors unimpressed
Formula One F1 – British Grand Prix – Silverstone Circuit, Silverstone, Britain – July 7, 2023 Ferrari logo is pictured on a front wing during practice REUTERS/Andrew Boyers/File photo Summary Companies Sees adj. EBITDA of 2.19-2.22 bln euros this year Forecast on FY EBITDA margin unchanged at 38% FY revenue expected to grow to around… Continue reading Ferrari nudges up year forecasts after Q2 results, investors unimpressed
BorgWarner’s second-quarter results beat estimates on auto parts demand
BorgWarner Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File photo Show more companies Aug 2 (Reuters) – Auto parts supplier BorgWarner (BWA.N) reported second-quarter results on Wednesday that beat analysts’ estimates, helped by sustained demand from automakers ramping up output. The Michigan-based company, whose customers include Volkswagen (VOWG_p.DE), General… Continue reading BorgWarner’s second-quarter results beat estimates on auto parts demand
Volkswagen in talks with Leapmotor on tech tie-up for Jetta brand – China media
[1/2]A Volkswagen ID.7 vehicle is pictured during the 63rd annual general meeting of Volkswagen AG in Berlin, Germany, May 10, 2023. REUTERS/Annegret Hilse/File Photo Show more companies BEIJING, Aug 2 (Reuters) – Volkswagen (VOWG_p.DE) is in talks with Chinese electric vehicle startup Zhejiang Leapmotor Technology (9863.HK) about the possibility of cooperation for Volkswagen’s Jetta brand,… Continue reading Volkswagen in talks with Leapmotor on tech tie-up for Jetta brand – China media
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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
Toyota revamps iconic Land Cruiser with hybrid version
A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo TOKYO, Aug 2 (Reuters) – Toyota (7203.T) on Wednesday unveiled the first hybrid version of its Land Cruiser that it will bring to North America and other key markets as it seeks to put… Continue reading Toyota revamps iconic Land Cruiser with hybrid version