Category Archives:
Citroen targets low-cost Chinese EVs with electric C3 for 23,300 euros
By Gilles Guillaume MEUDON, France (Reuters) - Citroen on Tuesday unveiled its new electric e-C3 SUV, a low-cost model starting at 23,300 euros ($24,540) aimed at taking on Chinese carmakers in the af...
Oct 17, 2023
India’s Tata Elxsi posts rise in Q2 profit on uptick in transportation business
(Reuters) - Indian design and technology services company Tata Elxsi on Tuesday posted a rise in quarterly profit, helped by growth in its transportation segment. The company's net profit rose 14.8% y...
Oct 17, 2023
Lockheed revenue rises on sustained weapons demand amid geopolitical tensions
By Pratyush Thakur and Mike Stone (Reuters) - Lockheed Martin reported higher third-quarter revenue on Tuesday, as geopolitical tensions fueled sustained demand for its military equipment. The ongoing...
Oct 17, 2023
Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
(Reuters) -Goldman Sachs' third-quarter profit dropped less than expected as a nascent recovery in dealmaking offset the $864 million writedown related to GreenSky fintech business and investments in ...
Oct 17, 2023
Vodafone, Three execs tell lawmakers their UK merger will benefit 5G, jobs
LONDON (Reuters) - Executives from Vodafone and CK Hutchison's Three UK unit said their 15 billion pound ($18 billion) merger would benefit Britain's consumers, infrastructure and jobs, as lawmakers s...
Oct 17, 2023
Nigeria destroys seized pangolin parts to deter wildlife trafficking
By Camillus Eboh ABUJA (Reuters) - Nigeria has burned four tonnes of seized pangolin scales, valued at $1.4 million, the first time it has publicly destroyed seized wildlife products to discourage ill...
Oct 17, 2023
Russia fines Zoom $1.18 million for operating without local office -RIA
MOSCOW (Reuters) - A Russian court on Tuesday fined Zoom Video Communications 115 million roubles ($1.18 million) for operating without opening a local office, the RIA news agency reported. Zoom did n...
Oct 17, 2023
Choice Hotels offers to buy Wyndham for $7.8 billion
(Reuters) -Choice Hotels on Tuesday proposed to acquire Wyndham Hotels and Resorts for about $7.8 billion in a cash and stock deal that would create a U.S. budget hotel giant. Shares of Wyndham rose a...
Oct 17, 2023
BofA profit rises on higher interest income, surprise investment banking gain
(Reuters) -Bank of America's profit rose in the third quarter as it joined rivals in earning more from interest payments by its customers, while investment banking and trading fared better than expect...
Oct 17, 2023
What risk? China investors snap up local government bonds as Beijing tackles big debts
By Li Gu and Tom Westbrook (Reuters) - Chinese investors are rushing to buy bonds of local government financing vehicles (LGFVs), including from the riskiest issuers, as Beijing's fresh attempts to re...
Oct 17, 2023
Peoria, IL, USA
39 °F Light Rain
