Volkswagen, Renault shares hit by rare 'sell' rating as Chinese competition grows

Shares in Europe's largest carmaker Volkswagen and its French rival Renault dropped sharply Friday after UBS analysts recommended investors dump the stocks, citing the growing threat to their business from Chinese competitors.

2023-09-02 00:55

Collateralized Loan Obligations Deliver Worst Returns in Years

The $1.3 trillion market for reselling leveraged loans is facing its lowest profitability in years, potentially making it

2023-05-18 01:21

Tineco is reducing prices on the occasion of Amazon Prime Day

BERLIN--(BUSINESS WIRE)--Jul 11, 2023--

2023-07-11 15:22

Poisoned Cough Syrup Killed Kids. Authorities Cut the Investigation Short

This is the first installment of Bad Medicine, a series about how porous regulation and cheap drugs are

2023-07-11 07:19

Tesla third-quarter earnings slow, missing forecasts

Tesla reported a drop in third quarter earnings as the electric vehicle maker fell short of Wall Street expectations.

2023-10-19 04:45

US auto sales to rise in August on increased vehicle supply, strong demand

New vehicle sales in the United States are expected to rise in August, helped by improved supply and

2023-08-24 21:26

Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%

By Jonathan Stempel Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp,

2023-05-19 07:16

Dollar steady as traders consider Fed, global rates outlook

By Rae Wee SINGAPORE The dollar was on the back foot on Thursday, though it drew some support

2023-06-08 09:56

Walmart Explores Buying Majority Stake in ChenMed

Walmart Inc. is exploring buying a majority stake in ChenMed, a closely held operator of primary care clinics

2023-09-09 09:23

Portugal's inflation slows down sharply to 4% in May

LISBON Portuguese consumer prices rose 4.0% year-on-year in May in a significant slowdown from a 5.7% increase the

2023-05-31 18:54

HP fails to derail claims that it bricks scanners on multifunction printers when ink runs low

HP Inc. has failed to shunt aside claims in a lawsuit that it disables scanners and other functions on its multifunction printers whenever the ink runs low

2023-08-16 00:24

Elon Musk says Twitter to change logo, adieu to 'all the birds'

(Corrects paragraph 2 to owner, not CEO) Elon Musk said he was looking to change Twitter's logo, tweeting:

2023-07-23 13:29