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 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...
Intel (NASDAQ:INTC)is trading up 1.14% at 56.00 Intel stock (NASDAQ:INTC) plunged 10% in Friday’s premarket trading as third-quarter revenue fell short of its own guidance and the chipmaker predicted lower margins in the years ahead. Lower revenue from the key segment of datacentre chips weighed especially on the results,...
1.VOLVO:- Sweden’s AB Volvo reported third-quarter core earnings above market expectations on Thursday, boosted by strong demand for its trucks even as lingering chip shortages hampered production. Adjusted operating profit at the maker of trucks, construction equipment, buses and engines rose to 9.40 billion Swedish crowns ($1.09 billion) from 7.22...
Tesla (NASDAQ:TSLA) is trading up 0.18% at 865.80 An online consultation for local citizens to express objections to Tesla (NASDAQ:TSLA)’s huge factory near Berlin will be repeated, the regional environmental ministry said on Thursday, over concerns the process did not comply with regulations. Tesla CEO Elon Musk said at...
Brent Oil was trading 0.98% down at $84.25. Oil prices fell on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure coal mines operate at full capacity as Beijing moved to ease a power shortage. Brent Oil futures dropped 73 cents, or...
1.GOOGLE:- A Swiss court has dismissed Google’s bid to block the award of a government cloud computing contract worth up to 110 million Swiss francs ($119 million) to rival bidders. “In an interim decision, the Federal Administrative Court rejects Google’s request to grant suspensive effect to its appeal. The...
European shares were flat on Wednesday as strong results from Nestle boosted food company stocks and made up for disappointing earnings from a clutch of firms, including French luxury group Kering and Dutch semiconductor company ASML. The pan-European index inched up 0.1%, reversing slight opening losses after Asian peers...
1.AMAZON:- Five members of the U.S. House Judiciary Committee wrote to Amazon.com Inc’s chief executive Sunday, and accused the company’s top executives, including founder Jeff Bezos, of either misleading Congress or possibly lying to it about Amazon’s business practices. The letter also states that the committee is considering “whether a...