Author Archives: Syndicated Content
Tesla misses Q1 delivery estimate on slowing EV demand, tough competition
(Reuters) -Tesla missed market expectations for first-quarter deliveries on Tuesday, as it battled competition from upstarts and established players in major markets, while struggling with weak demand...
Apr 02, 2024
WeWork targets Chapter 11 exit in US, Canada by May 31
(Reuters) -WeWork said on Tuesday it was looking to emerge from Chapter 11 bankruptcy in the U.S. and Canada by May 31 and that it had negotiated more $8 billion, or over 40%, reduction in rent commit...
Apr 02, 2024
Norges Bank Investment Management backs Disney in board room fight with hedge funds
NEW YORK (Reuters) - Norges Bank Investment Management, one of Walt Disney's biggest investors, said on Tuesday that it voted to re-elect the entertainment giant's directors, dealing a blow to the hed...
Apr 02, 2024
Rivian misses production estimates as EV maker shifts to new supply chain
(Reuters) -Rivian Automotive missed market estimates for quarterly production on Tuesday, impacted by the electric vehicle maker's move to transition to new suppliers for fresh materials as it looks t...
Apr 02, 2024
Column-Stock market crashes are rare, equity bubbles even rarer: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - If you're sure we're in a mass-market equity bubble, you probably have to rely on instinct as to what happens next as there are precious few historical e...
Apr 02, 2024
China opposes US trade barriers report listing it as 'primary concern'
BEIJING (Reuters) - China's commerce ministry said on Tuesday it firmly opposes a United States' report on foreign trade barriers, which it said "listed China as a country of primary concern". The U.S...
Apr 02, 2024
Portugal's minority government to be sworn in, stability doubtful
By Sergio Goncalves LISBON (Reuters) - Portugal's centre-right minority government of Prime Minister Luis Montenegro will take office later on Tuesday amid doubts it can survive beyond this year as it...
Apr 02, 2024
SLB to buy ChampionX in $7.7 billion all-stock deal
(Reuters) -Oilfield services company SLB said on Tuesday it will buy ChampionX in an all-stock deal valued at $7.75 billion. ChampionX shareholders will receive 0.735 shares of SLB common stock, and t...
Apr 02, 2024
Thai LGBT activists celebrate vote that brings marriage equality closer
By Thomas Suen BANGKOK (Reuters) - Thai LGBT activists celebrated another victory on Tuesday after a marriage equality bill overwhelmingly passed a first reading in the upper house, a key step bringin...
Apr 02, 2024
Ukraine invites citizens to register war-time damage
THE HAGUE (Reuters) - Ukrainians can begin filing claims for damages they have suffered in Russia's invasion at a newly-established register based in The Hague, Ukrainian Foreign minister Dmytro Kuleb...
Apr 02, 2024
