ZURICH (Reuters) – Swiss National Bank Vice Chairman Martin Schlegel said on Tuesday it was too early to sound the…
Halliburton tops Wall Street estimates as equipment remains fully booked
By Arunima Kumar and Liz Hampton (Reuters) -U.S. oilfield services firm Halliburton Co on Tuesday topped Wall Street profit estimates…
Honda to create division to speed up electrification development
TOKYO (Reuters) -Honda Motor Co said on Tuesday it would create a new division in a bid to strengthen and…
Stellantis recalls 76,000 plug-in hybrid minivans over engine issue
By David Shepardson WASHINGTON (Reuters) – Automaker Stellantis’ U.S. unit said on Tuesday it was recalling 76,000 plug-in hybrid electric…
GE profit forecast disappoints amid troubles at renewable energy business
By Rajesh Kumar Singh and Abhijith Ganapavaram CHICAGO (Reuters) – General Electric Co on Tuesday exceeded expectations for quarterly earnings…
Walmart to raise wages for U.S. hourly workers
(Reuters) -Walmart Inc, the largest private employer in the United States, said on Tuesday it will raise the average hourly…
3M to cut 2,500 jobs, forecasts downbeat Q1 as demand weakens
By Aishwarya Nair (Reuters) – 3M Co said on Tuesday it would cut 2,500 manufacturing jobs and forecast a gloomy…
Tesla’s slowing sales, shrinking margins in focus in EV price war
By Akash Sriram (Reuters) – Tesla Inc on Wednesday is expected to report the slowest sales growth in 10 quarters…
Europe’s revenue growth expected to slow to a crawl in Q4
LONDON (Reuters) – Revenue at Europe’s largest companies is expected to have risen by just 0.9% in the fourth quarter,…
Capricorn CEO quits board, NewMed merger in balance after shareholder battle
By Muhammed Husain and Shadia Nasralla (Reuters) -Capricorn Energy’s chairperson, chief executive and three other directors have quit the board…