Musk ready to deepen EV price war as Tesla bets on self-driving future
By Akash Sriram and Aditya Soni (Reuters) -Elon Musk is making a calculated bet: sacrifice margins now for better ones
2023-07-20 20:59
Turkey hikes again below expectations, promises more tightening
By Ezgi Erkoyun and Nevzat Devranoglu ISTANBUL (Reuters) -Turkey's central bank hiked its policy rate by 250 basis points to
2023-07-20 20:46
Bank stocks volatile on mixed results, Discover sinks amid regulatory review
(Reuters) -Bank stocks were volatile in premarket trading on Thursday as lenders reported mixed quarterly results, while shares of Discover
2023-07-20 20:28
Copper miner Freeport-McMoRan profit slides 60% in second quarter
Miner Freeport-McMoRan Inc reported a 60% slump in second-quarter profit on Thursday, hurt by a drop in production
2023-07-20 20:18
Newmont misses quarterly profit estimates on lower output
Gold miner Newmont missed Wall Street estimates for second-quarter profit on Thursday, hurt by lower production due to
2023-07-20 19:26
Kim Kardashian may be the hero the IPO market needs
Dealmaking on Wall Street has dried up, and it's costing big banks a fortune. Kim Kardashian could fix that.
2023-07-20 19:26
Blackstone's quarterly earnings slump 39% as asset sales plummet
By Chibuike Oguh NEW YORK Blackstone Inc said on Thursday its second-quarter distributable earnings slumped nearly 40%, owing
2023-07-20 19:25
American Airlines raises 2023 profit forecast on travel boom
(Reuters) -American Airlines raised its annual forecast for adjusted profit on Thursday, powered by strong demand for domestic and international
2023-07-20 19:23
Philip Morris beats profit estimates as cost pressures ease amid steady demand
(Reuters) -Philip Morris International on Thursday beat Wall Street expectations for quarterly profit, boosted by a let-up in soaring tobacco
2023-07-20 19:22
Fed fines Deutsche Bank $186 million and threatens further action
The US Federal Reserve hit Deutsche Bank with a $186 million fine Wednesday for failing to fix "unsafe and unsound practices" that it pledged to address as long ago as 2015.
2023-07-20 19:21
Chinese automakers sold 75% of EVs in Southeast Asia in Q1 - study
By Devjyot Ghoshal BANGKOK Chinese automakers dominated Southeast Asia's fast-growing electric vehicle market, selling three out of every
2023-07-20 18:57
Infosys Cuts Sales Forecast as Companies Curtail IT Spending
Infosys Ltd. cut its annual sales forecast, signaling companies are delaying discretionary technology spending amid fears of an
2023-07-20 18:55