Business

Renault is betting that the gasoline car market will continue to grow

Renault sees the internal combustion engine continue to play a crucial role in its business over the next few years, according to a senior executive at the French car giant. On Tuesday it was announced that the Renault group and the Chinese firm Geely had signed a non-binding framework agreement to establish a company focused …

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Adidas warns of big profits hit after Ye partnership ends

Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Adidas Wednesday cut its full-year guidance following the German sportswear giant’s termination of its partnership with Kanye West’s Yeezy brand. The company ended its relationship with Ye, formerly known as Kanye West, on October 1. 25 …

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One of China’s inflation indicators drops for the first time since 2020

China’s producer price index fell year-on-year in October 2022 for the first time since December 2020. Pictured is a furnace at a steel mill in August 2022 in Jiangxi province. Zhang Yu | Visual Group China | Getty Images BEIJING — China’s producer price index fell in October for the first time since December 2020, …

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Musk sells Tesla shares worth $3.95 billion days after Twitter takeover

November 8 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk has sold $3.95 billion worth of shares in the electric vehicle maker, according to U.S. regulatory filings, days after finalizing his purchase of Twitter Inc for $44 billion. Musk, whose net worth fell below $200 billion after investors sold Tesla shares, unloaded 19.5 million shares …

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Dow Jones Futures: GOP Expected to Win Midterm Elections; Elon Musk sells more Tesla shares

Dow Jones futures were little changed overnight, as were S&P 500 and Nasdaq futures. Midterm election results come in as Tesla CEO Elon Musk sold more TSLA stock. X The stock market rally accelerated Tuesday morning, fueled by falling Treasury yields and a falling dollar. Major indices pared large gains as Bitcoin and other cryptocurrencies …

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Stock futures rise slightly as Wall Street awaits midterm election results

Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City. Stocks continued their upside gains on Thursday with the Dow Jones up nearly 400 points following a new GDP report that beat expectations. Spencer Platt | Getty Images News | Getty Images Stock futures were …

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Dow Jones Futures: GOP set to win midterm election, Senate at stake

Dow Jones futures were little changed overnight, along with S&P 500 and Nasdaq futures, as midterm election results were announced Tuesday evening. Disney and the Array Technologies solar game were among the main drivers of overnight earnings. X The stock market rally accelerated Tuesday morning, fueled by falling Treasury yields and a falling dollar. Major …

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Zoom officially announces that its video conferencing application will soon be available on Tesla vehicles

Credit: Zoom Zoom has officially announced that it will soon add its video conferencing app to Tesla vehicles. The company announced the addition at its annual Zoomtopia 2022 event on Tuesday. Earlier this year, Tesla released a promotional video on its YouTube channel giving us a behind-the-scenes look at the new V11 software update. Although …

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