Battery maker LG Energy Solution Ltd.’s second-quarter profit missed analyst estimates, as sales of electric vehicles continued to slow.
Hong Kong Dollar Rally Seen Peaking in July After Dividend BoostEuro Slips After French Vote as Busy Week Begins: Markets WrapHawkish RBNZ Seen Unswayed By Signs of Deepening Economic SlumpChina’s Central Bank to Add Temporary Repos Depending on Market ConditionsChinese, Indian Stocks Favored Over Japan in Asia’s Second HalfPrivate Credit Funds With No Skin in Game a Worry: Credit WeeklyBeryl Regaining Strength, On Track To Reach Texas as HurricaneUK’s Reeves to Unveil Labour’s Growth Plan in...
What you should knowFirst 2024 Canada carbon rebates will be deposited today for some CanadiansWall Street’s Big Bond Bet Revives Before Pivotal Inflation DataFed’s Powell Testifies as Inflation, Hiring CoolBanc of California Is Selling $2 Billion of Residential LoansThe Best Roofs to Keep London Cool in Summer May Not Be GreenIron Ore Slumps From One-Month High as Demand Concerns PersistUK House Prices Little Changed for Third Month, Halifax SaysDublin Office Market Shows Early Signs of...
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Exxon signs non-binding deal to supply lithium to South Korean EV battery maker SK OnThe agreement has the potential to be a multiyear offtake deal of up to 100,000 metric tons, Exxon said
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EV slump prompts battery maker Northvolt to review growth planNorthvolt AB may slow its battery projects, the latest in a line of industry reassessments after the transition to electric cars cooled.
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Corona maker Constellation Brands tops quarterly profit estimates on strong beer businessConstellation Brands reported a comparable profit of $3.57 per share for the quarter ended May 31, beating analysts’ estimates of $3.46 per share, as per LSEG data
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Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profitElectric-vehicle maker Rivian's drive to cut costs and turn its first profit has removed over 100 steps from the battery-making process, 52 pieces of...
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SpaceX Demand Propels Telecom Equipment Maker’s Profit ForecastFiltronic Plc, a manufacturer of products for the aerospace, defense and telecommunication industry, expects its full year profit to more than triple, boosted by sales to its lead customer, Elon Musk’s SpaceX.
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Ventilator-Maker Vyaire Goes Bankrupt as Covid-19 Demand WanesVentilator-maker Vyaire Medical Inc. filed for bankruptcy, succumbing to a decline in demand for ventilators as the Covid-19 pandemic has eased.
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