Volvo Cars posts record annual sales but shares still dip
HELSINKI (Reuters) -Volvo Cars sold a record number of vehicles in 2023, it said on Friday, boosted by electric car demand and stabilising supply chains, but its growth rate eased…
HELSINKI (Reuters) -Volvo Cars sold a record number of vehicles in 2023, it said on Friday, boosted by electric car demand and stabilising supply chains, but its growth rate eased…
(Reuters) -A U.S. judge ruled in favor of Israel’s Teva Pharmaceutical Industries in a patent infringement lawsuit brought by Corcept Therapeutics, sparking a frenzied sell-off in shares of the California-based…
(Reuters) -China’s Alibaba Group said on Tuesday it had repurchased a total of 897.9 million of its shares for $9.5 billion during 2023. The shares were bought in both the…
(Reuters) – Fisker said on Friday its electric vehicle deliveries jumped more than four-fold during the final quarter, helping it hand over about 4,700 vehicles for the year. The rise…
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airlines Azul and Gol have secured access to around $200 million each in financing to fund engine maintenance plans, as carriers try…
By Gram Slattery WASHINGTON (Reuters) – Republican presidential contender Donald Trump posted a poll on Truth Social on Tuesday, highlighting that the word voters most associate with a potential second…
By Gabriel Araujo SAO PAULO (Reuters) – Shares of Brazilian airlines rose on Tuesday on investor relief that a government deal to lower ticket prices was not as heavy-handed as…
By Joseph White DETROIT (Reuters) – General Motors CEO Mary Barra has made many bold moves during a decade on the job to lift the automaker’s share price: jettisoning money-losing…
WASHINGTON—With the holiday shopping season in full swing, U.S. Customs and Border Protection is cautioning consumers about counterfeit products sold by illegitimate sources over the internet and in underground outlets.…
COPENHAGEN (Reuters) – PensionDanmark, one of Denmark’s largest pension funds, said on Wednesday it had decided to sell its holdings in Tesla over the U.S. auto company’s refusal to enter…
By Brendan O’Brien and Eric Cox CHICAGO (Reuters) – Margarito Flores and his twin brother Pedro anxiously huddled in a lavish bathroom in South Zapopan, Mexico, as they prepared to…
(Reuters) – Mastercard on Tuesday said its board had approved a new share repurchase program, authorizing the company to buy back up to $11 billion of its Class A shares.…
PARIS (Reuters) – Shares in Worldline surged almost 12% on Friday after a media report said Credit Agricole was considering acquiring a stake in the French payment processing company. The…
By Chibuike Oguh NEW YORK (Reuters) – Salesforce Inc’s stock jumped by about 10% on Thursday to a nearly two-year high after the U.S. cloud and business software company reported…
By Chibuike Oguh NEW YORK (Reuters) – Shares of German sandal maker Birkenstock extended their gains on Wednesday, hitting the initial public offering price for the first time, following a…
ZURICH (Reuters) – Wealth manager Julius Baer’s shares slumped another 5% on Tuesday, bringing its total decline since the start of last week to more than 20%, on fears over…
By Jeff Mason NANTUCKET, Mass. (Reuters) – President Joe Biden delivered pumpkin pies to firefighters on Thursday to celebrate the U.S. Thanksgiving holiday and expressed hope about a pending hostage…
By Arsheeya Bajwa and Chavi Mehta (Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs would sap growth in China, its third largest…
A look at the day ahead in European and global markets from Wayne Cole. The early focus was on Nvidia, which in AI tech terms is the only company selling…
(Reuters) – Amazon.com founder Jeff Bezos is expected to offload more of his stake in the company on Tuesday after selling shares worth about $240 million last week, CNBC reported,…
By Samuel Indyk and Danilo Masoni LONDON (Reuters) – European equity markets are forecast to eke out a modest rise in 2024, a Reuters poll found, as optimism that global…
BUENOS AIRES (Reuters) – New York-traded shares in Argentine state-run oil company YPF soared more than 40% on Monday after President-elect Javier Milei said he would seek to privatize the…
ZURICH (Reuters) – EFG International shares were up 3% early on Thursday after the Swiss private bank reported net profit of more than 240 million Swiss francs ($270.09 million) for…
By Carolina Mandl NEW YORK (Reuters) – Some big investors showed increased appetite for weight-loss drug makers in the third quarter, piling in to shares of Eli Lilly and Novo…
(Reuters) – Israeli firm Tower Semiconductor forecast a decline in quarterly revenue on Monday as chip firms faced with a supply glut continue to correct inventory. U.S.-listed shares of the…