By Carolina Mandl, Nell Mackenzie and Summer Zhen NEW YORK/LONDON/HONG KONG (Reuters) – Having weathered a dire 2022, many global…
Impactive Capital nominates four directors to Envestnet’s board
By Anirban Sen NEW YORK (Reuters) -Impactive Capital has nominated four directors to the board of Envestnet Inc, a U.S.…
Toyota’s 2022 U.S. auto sales down 9.6% on part shortages
(Reuters) – Toyota Motor Corp on Wednesday posted a 9.6% fall in its 2022 U.S. new vehicle sales as a…
U.S. manufacturing sector contracts, prices decline in December-ISM
WASHINGTON (Reuters) – U.S. manufacturing contracted further in December, but weakening demand amid higher borrowing costs pushed a measure of…
Rivian stock less bruised than Tesla as both miss EV targets
(This Jan. 3 story has been corrected to fix the period of the reduced production forecast from midyear to March…
Qualcomm launches auto chip to handle both assisted driving and entertainment
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Mobile chip maker Qualcomm Technologies, Inc on Wednesday unveiled a processor chip…
Microsoft to invest in autonomous trucking startup Gatik -sources
By Krystal Hu and Joseph White (Reuters) – Microsoft Corp is in advanced talks to invest in Gatik, a California-based…
U.S. auto sales to fall in 2022, GM set to reclaim top spot from Toyota
(Reuters) – U.S. new vehicle sales are expected to decline for major automakers in 2022 due to inventory shortages, which…
Morning Bid: Wakey wakey!
A look at the day ahead in U.S. and global markets from Alun John The first Fed meeting minutes release…
Asian stocks in 2022 suffer biggest foreign outflows since 2008 global crisis
By Gaurav Dogra (Reuters) – Foreign investors withdrew more money from emerging Asian equities in 2022 than they had done…