Carvana Boosts Profit Forecast as Turnaround Gains Momentum
Carvana Co. raised its profit outlook as the used-car retailer said the momentum it saw from an early-year
2023-08-09 21:18
Ferrari Hits China Milestone With Over a Quarter of Sales to Women Amid Luxury Bounceback
If you spot four Ferraris on a street in China, chances are a woman is behind the wheel
2023-08-09 17:23
Ford Shuts Down in Brazil, and China’s Top EV Maker Comes to the Rescue
(Bloomberg Markets) -- On Brazil’s east coast, the vast parking lot off Avenida Henry Ford sits empty. Shift workers once
2023-08-09 17:22
Deflation: Why falling prices in China raise concerns
The world's second largest economy has slipped into deflation for the first time in more than two years.
2023-08-09 15:29
Continental Cuts Sales Forecast as Tire Market Softens in Europe
Continental AG cut its sales outlook for the year on weakening markets for tires in Europe and North
2023-08-09 14:50
German Government to Approve Climate Fund Boost to €212 Billion
Chancellor Olaf Scholz’s government will on Wednesday approve a top-up of Germany’s special Climate and Transformation Fund by
2023-08-09 14:50
Newcrest Leftovers Don’t Appeal to Australia’s Top Gold Miners
Australia’s soon-to-be top two gold miners say they’re not interested in buying two operations predicted to be put
2023-08-09 12:29
Funeral Firm InvoCare Agrees to $1.2 Billion TPG Takeover
Australian funeral home operator InvoCare Ltd. has agreed to a revised A$1.83 billion ($1.2 billion) takeover offer from
2023-08-09 09:45
UAW Demands Would Add $80 Billion to US Carmaker Labor Costs
New contract demands made by the United Auto Workers union would add more than $80 billion to each
2023-08-09 08:27
Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
2023-08-09 06:20
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at
2023-08-09 05:58
KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:58