Uncategorized – Page 273 – I wish I had more to offer

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STOCKHOLM, Feb 3 (Reuters) – Sweden-based Volvo Car AB (VOLCARb.ST) said on Friday its sales increased by 2% year-on-year in January to 48,520 cars as sales tumbled in China due to public holidays. Volvo Cars, which is majority-owned by China’s Geely Holding (0175.HK), said the increase at group level was led by markets such as… Continue reading Untitled

Technologycategory

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

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SEOUL, Feb 3 (Reuters) – Tesla Inc (TSLA.O) has cut prices of some of its car models in South Korea, a local Tesla sales official said on Friday, the second straight month the U.S. electric vehicle maker has lowered prices. The price of the basic Model 3 rear-wheel drive vehicle was listed as 59.9 million… Continue reading Untitled

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Summary Companies Fuel oil imports bumped higher by blended Malaysia, UAE barrels Direct Russia fuel oil imports in Dec drop to third of Oct peak Trend to continue after Feb 5 measure takes effect -Refinitiv SINGAPORE, Feb 3 (Reuters) – China’s independent refineries are ramping up imports of discounted fuel oil blended from Russian barrels… Continue reading Untitled

Tech earnings hit pause button on market rally, article with image

Feb 3 (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so fast. Apple Inc (AAPL.O), Google parent Alphabet (GOOGL.O) and Amazon.com (AMZN.O) all posted results for the end-of-year quarter that left a sour taste in investors’ mouths. The reports renewed… Continue reading Tech earnings hit pause button on market rally, article with image

Technologycategory

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DETROIT, Feb 2 (Reuters) – Ford Motor Co (F.N) on Thursday reported fourth-quarter profit fell from a year earlier, and the automaker blamed supply chain issues and production “instabilities” that raised costs, along with lower-than-expected volumes. Full-year profit was short of expectations and Ford shares dropped more than 6% in after-market trading. “We should have… Continue reading Untitled

Apple’s weak iPhone sales drive first profit miss since 2016, article with image

Feb 2 (Reuters) – Apple Inc (AAPL.O) on Thursday reported sales and profits that missed Wall Street expectations driven by weak iPhone sales after COVID lockdowns in China disrupted production of the company’s biggest seller. Shares of Apple fell 4% after publication of the results. Apple sales fell 5% to $117.2 billion and were down… Continue reading Apple’s weak iPhone sales drive first profit miss since 2016, article with image

Technologycategory

Alphabet revenue misses estimates as ad business takes a hit, article with gallery

Feb 2 (Reuters) – Alphabet Inc (GOOGL.O) on Thursday reported lower-than-expected quarterly revenue as the Google parent’s digital ad business struggled under an economic slowdown that has choked corporate spending and triggered mass layoffs. Shares of Alphabet, which lost roughly 40% of their value in 2022, were down about 4% in after-hours trading. Revenue from… Continue reading Alphabet revenue misses estimates as ad business takes a hit, article with gallery