By Marco Aquino and Marcelo Rochabrun TAPAIRIHUA, Peru (Reuters) – In the hills of Tapairihua in Peru’s Andes, Samuel Retamozo…
Ford to boost EV parts investment for UK plant by $180 million
By Nick Carey HALEWOOD, England (Reuters) -Ford Motor Co will invest an extra 149 million pounds ($180 million) to boost…
VW eyes Canada in search for first North America cell plant – source
BERLIN (Reuters) – Volkswagen and its battery subsidiary PowerCo SE have begun searching for a site for the carmaker’s first…
Bank of Montreal posts lower quarterly profit as capital markets slump
(Reuters) – Canada’s Bank of Montreal posted a lower fourth-quarter profit on Thursday, as revenue from its capital markets business…
Marketmind: Powell clears the decks
LONDON (Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. Intended or not,…
Piper Sandler cuts estimates for Apple’s Dec quarter as China worries mount
(Reuters) – Analysts at Piper Sandler on Thursday cut their revenue and iPhone sales estimates for Apple Inc’s December quarter,…
Analysis-Chinese developers’ offshore creditors eye bargains; cautious on demand
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J.P.Morgan cuts 2023 S&P 500 earnings forecast by 9%
(Reuters) – J.P.Morgan on Thursday cut its 2023 earnings forecast for S&P 500 companies, citing weaker demand and pricing power,…
China will move to protect its firms following U.S. telecoms ban
BEIJING (Reuters) – China opposes the U.S. Federal Communications Commission’s ban on new Chinese telecommunications equipment sales, the commerce ministry…
Credit Suisse’s fund outflows may spark M&A talk – JPMorgan
ZURICH (Reuters) – Continued client outflows at Credit Suisse could spark speculation of a takeover of the embattled Swiss bank…