Profit Retail Vehicle

China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles

China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles

World - ABC News - 4 days ago

2 poll workers die after vehicle swept off highway in floodwaters: Officials

A man and woman drowned after their vehicle was swept off a highway in Wright County in floodwaters, according to the Missouri State Highway Patrol.

5 dead after small jet crashes into vehicle after taking off in suburban Phoenix

A small jet crashed into a vehicle Tuesday after taking off from a suburban Phoenix airport, killing five people, police said.

Small jet crashes into vehicle after taking off near Phoenix, killing 5

The business jet struck the vehicle outside airport property, according to the Federal Aviation Administration.

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company

Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House

Tech - ABC News - 2 days ago

US agency says Tesla's public statements imply that its vehicles can drive themselves. They can't

The U.S. government’s highway safety agency says Tesla is telling drivers in public statements that its vehicles can drive themselves

Tech - ABC News - 3 hours ago

Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

Morgan Stanley rounds off strong earnings season

Business - Financial Times - October 16

Whitbread Aims to Boost Profit, Shareholder Returns

The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...

Business - The Wall Street Journal - October 16

ABB Posts Higher Profit, Raises Margin Guidance

The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.

Business - The Wall Street Journal - October 17

CVS replaces CEO as profits, share price suffer

Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.

Tele2 Posts Higher Profits; Backs Targets

Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...

Business - The Wall Street Journal - October 22

Kering warns on profit as Gucci sales plunge

French luxury group grapples with turnaround at its biggest brand as demand dips in Asia

Business - Financial Times - October 24

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Barclays profits rise 23% as dealmaking returns

UK bank lifts guidance for net interest income

Business - Financial Times - October 24

Hasbro’s third-quarter profit beats expectations, but its stock slips

Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.

Business - MarketWatch - October 24

NatWest profits rise by a quarter as lending and deposits grow

Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn

Business - Financial Times - October 25

China’s industrial profits plunge as economic momentum falters

Steep monthly decline in September comes as policymakers battle to restore confidence

Business - Financial Times - October 27

FirstFT: Twin scandals hit PwC’s Asia profits

Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?

World - Financial Times - October 29

In Botswana’s Election, Diamond Profits Are a Defining Issue

The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.

World - The New York Times - October 29

Clariant Third-Quarter Profits Miss Expectations

The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.

Business - The Wall Street Journal - October 29

Santander's Profit Beats Expectations on Lower Provisions, Costs

Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...

Business - The Wall Street Journal - October 29