1.TESLA:- U.S. electric car maker Tesla Inc on Sunday rolled back the latest version of its Full Self-Driving (FSD) beta software, less than a day after its release after users complained of false collision warnings and other issues. The setback comes as Tesla is under regulatory scrutiny over the safety...
European stock markets are expected to open in a steady manner Monday, with investors weighing strong results from banking giant HSBC as well as China’s latest Covid-19 outbreak. At 2:10 AM ET (0610 GMT), the DAX futures contract in Germany traded 0.1% lower, while CAC 40 futures in France...
European stock markets traded higher Friday, helped by an easing of worries surrounding embattled property group China Evergrande as well as positive corporate earnings, notably French cosmetics giant L’Oreal. At 3:50 AM ET (0750 GMT), the DAX in Germany traded 0.4% higher, the CAC 40 in France rose 0.8%...
1.EVERGRANDE:- China Evergrande Group has supplied funds to pay interest on a U.S. dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline that would have seen the developer plunge into formal default. The person said Evergrande remitted $83.5 million to a...
1.EVERGRANDE:-At the Shanghai Auto Show in April, the booth for China Evergrande Group’s new energy vehicle (NEV) unit was hard to miss. One of the largest exhibitions at the event, in a prime spot opposite BMW, the property developer-backed unit showed off nine concept vehicle models under its brand...
1.JP MORGAN: JPMorgan reported on Wednesday third-quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations. JPMorgan announced earnings per share of $3.74 on revenue of $29.65B. Analysts polled by Investing.com anticipated EPS of $3 on revenue of $29.86B. JPMorgan shares are up 30% from the...
European stocks extended losses on Wednesday as investors were unnerved by the prospect of rising inflation slowing growth, while software group SAP’s strong earnings forecast helped limit losses in Germany’s blue-chip index. By 0710 GMT, the pan-European STOXX 600index slipped 0.4%, the German DAXwas down 0.2% and France’s CAC40...
1.GENERAL MOTORS: General Motors Co Chief Executive Mary Barra told investors on Wednesday that the automaker plans to double revenue by 2030, expanding profits from combustion vehicles even as it rolls out new electric vehicles and new digitally powered services to catch up with Tesla Inc. GM said if...
1.JOHNSON & JOHNSON: Johnson & Johnson said on Tuesday it had submitted data to the U.S. Food and Drug Administration for emergency use authorization of a booster shot of its COVID-19 vaccine in people aged 18 years and older. The filing comes after the FDA last week scheduled an...
European stock markets are expected to open just higher Tuesday, helped by strength in the heavyweight energy sector, but gains are likely to be restrained following the previous session’s broad selloff on Wall Street. At 2:05 AM ET (0605 GMT), the DAX Futures contract in Germany traded 0.1% higher,...