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Category: Business

Business

China’s BYD expects to swiftly lift sales in Germany, executive tells FAS

FRANKFURT (Reuters) – Chinese electric carmaker BYD expects to boost sales in Germany within six months, executive vice president Stella…

October 13, 2024October 13, 2024
Meta removes fake accounts in Moldova ahead of presidential election
Business

Meta removes fake accounts in Moldova ahead of presidential election

By Supantha Mukherjee STOCKHOLM (Reuters) – Meta Platforms Inc said on Friday it had removed a network of group accounts…

October 11, 2024October 11, 2024
Business

JPMorgan profit beats estimates on investment banking strength, higher interest income

By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase’s third-quarter profit beat expectations as strong investment banking performance and rising…

October 11, 2024October 11, 2024
Factbox-Over 160,000 US customers without power as Hurricane Milton approaches
Business

Factbox-Over 160,000 US customers without power as Hurricane Milton approaches

(Reuters) – More than 160,000 homes and businesses in Georgia, the Carolinas, Texas and California were without power on Wednesday…

October 9, 2024
US bank profits to shrink on interest income, focus shifts to Fed cuts
Business

US bank profits to shrink on interest income, focus shifts to Fed cuts

By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase and Wells Fargo kick off earnings for the sector on Friday, and…

October 8, 2024
Lucid beats quarterly deliveries estimate as price discounts boost demand
Business

Lucid beats quarterly deliveries estimate as price discounts boost demand

(Reuters) – Lucid Group beat market expectations for third-quarter deliveries on Monday, as discounts and cheaper financing options for its…

October 7, 2024
Shell’s third-quarter refining margins drop sharply
Business

Shell’s third-quarter refining margins drop sharply

By Ron Bousso LONDON (Reuters) -Shell’s refining profit margins dropped sharply in the third quarter from the previous three months…

October 7, 2024
US House panel probes FCC decision to deny Starlink nearly $900 million
Business

US House panel probes FCC decision to deny Starlink nearly $900 million

WASHINGTON (Reuters) – A U.S. House committee said on Monday it is investigating the Federal Communications Commission’s decision to deny…

October 7, 2024
J&J discontinues dengue drug study
Business

J&J discontinues dengue drug study

(Reuters) -Johnson & Johnson said on Friday it will discontinue a mid-stage field study evaluating the efficacy of its antiviral…

October 4, 2024
Boeing-Lockheed JV’s Vulcan rocket launches second mission
Business

Boeing-Lockheed JV’s Vulcan rocket launches second mission

(Reuters) – Boeing and Lockheed Martin’s joint venture, United Launch Alliance, said on Friday its Vulcan rocket successfully launched its…

October 4, 2024

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