Top Battery-Maker CATL’s Profit Soars 63% Amid EV Sales Boom
Chinese battery maker Contemporary Amperex Technology Co. Ltd.’s quarterly profit soared, powered by rising electric-vehicle sales globally and
2023-07-26 10:28
Australia inflation slows more than expected in Q2
SYDNEY Australian inflation slowed more than expected in the June quarter thanks to falls in the cost of
2023-07-26 09:54
Australia’s Cooler Inflation Bolsters Case for RBA to Stand Pat
Australia’s inflation rate slowed more than expected in the three months through June, reflecting global trends and bolstering
2023-07-26 09:48
GM to add battery module assembly to some North American EV plants
By Paul Lienert General Motors will begin assembling electric vehicle battery packs near its BrightDrop commercial van plant
2023-07-26 03:59
U.S. accounting watchdog flags 'unacceptable' increase in audit deficiencies
By Chris Prentice (Reuters) -The U.S. accounting watchdog has found an "absolutely unacceptable" level of serious deficiencies in public company
2023-07-26 03:52
LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:54
House Freedom Caucus previews looming appropriations fight
House Republicans are bracing for a bruising showdown with the White House and the US Senate this fall as House Speaker Kevin McCarthy once again will have to decide how far he's willing to go to assuage the demands of the far right members in his ranks.
2023-07-26 01:48
Luxury giant LVMH enjoys 'excellent' first half
LVMH, the world's top luxury group, said Tuesday it enjoyed an excellent first half with net profits soaring by 30 percent to 8.48 billion euros ($9.34 billion) thanks...
2023-07-26 01:28
Chevy Bolt EV Returns From Near-Death as GM Prepares New Model
When General Motors Co. said recently that it would cease production of the Chevrolet Bolt this year, it
2023-07-25 23:28
Dassault Systemes' flagship platform sales slow, but targets confirmed
By Victor Goury-Laffont French software maker Dassault Systemes said revenue rose 5% in the second quarter, but shares
2023-07-25 18:18
LVMH to Sponsor Paris Olympics in a First for Luxury Group
LVMH agreed to become a premium sponsor of the 2024 Summer Olympics in Paris in the first deal
2023-07-25 14:55
The Little Known Metals Giant that Rules a Global Market
When China’s Vital Materials Co. bought up a $600 million stockpile of obscure critical minerals in early 2020,
2023-07-25 12:29