Ford NYSE:F on Thursday reported a 10.3% drop in U.S. sales in the second quarter, as the automaker reeled from lower inventory of its F-150 pickup trucks.It notched quarterly sales of 549,200 units, lower than the 612,095 units it sold a year earlier.
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By Akash SriramTesla NASDAQ:TSLA blew past Wall Street estimates for second-quarter deliveries on Thursday, posting a record for the period as recovering demand in Europe outweighed persistent weakness in North America.The strong figures suggest Tesla's mainstay auto business is regaining momentum…
By Sabine Siebold and Tim HepherNATO plans to replace its ageing fleet of AWACS aircraft with GlobalEye surveillance planes from Sweden's Saab OMXSTO:SAAB_B, four sources familiar with the matter told Reuters, a move that could test uneasy relations with U.S. President Donald Trump.Trump has been p…
Fluidra SA BME:FDR:Source text
Federal Reserve policymakers have less reason to deliver an interest-rate hike later this month, traders bet on Thursday, after a government report showed the U.S. economy added far fewer jobs than expected in the last two months.Nonfarm payrolls increased by 57,000 jobs in June, the Labor Departme…
Peru's government declared a state of emergency in 796 districts —about 40% of the country's total— due to rains associated with El Niño weather phenomenon, according to a government decree published Thursday.The decree enables the government to carry out extraordinary measures and actions to reduc…
Tesla Inc NASDAQ:TSLA:
Tesla NASDAQ:TSLA beat Wall Street expectations for second-quarter deliveries on Thursday, as recovering demand in Europe offset subdued demand in North America and intense competition from Chinese automakers.The company delivered 480,126 vehicles in the April-June period, up about 25% from a year…
S&P 500 FUTURES STRENGTHEN SLIGHTLY, YIELDS SLIP, AFTER JOBS DATAS&P 500 futures have edged higher after the release of the latest labor market data.E-mini S&P 500 futures CME_MINI:ES1! are now up around 0.25% vs. a gain of about 0.15% just before the numbers came out.The June headline jobs number…
Equitas Small Finance Bank Ltd NSE:EQUITASBNK:
Italy's biggest bank Intesa Sanpaolo MILSEDEX:I05808 on Thursday said it had completed the cloud migration of its core IT systems, joining a handful of European banks that have managed to move away from legacy technology.
Wirtek A/S OMXCOP:WIRTEK:
The United States has signed a memorandum of understanding with Tanzania to invest more than $1.3 billion in its health sector over the next five years, the latest in a series of deals that have caused controversy in some African countries.The agreement, signed late on Wednesday, is similar to thos…
U.S. job growth slowed more than expected in June and data for the prior month was revised lower, but the unemployment rate fell to 4.2%, pointing to continued labor market stability.Nonfarm payrolls increased by 57,000 jobs last month after a downwardly revised 129,000 rise in May, the Labor Depar…
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed.The loonie FX_IDC:USDCAD was trading 0.3% higher at C$1.4175 to the greenback, or 70.55 U.S. cents, after trading in a range of 1.4151 to 1.4224.Canadian government 10-year bond yi…
Lucid Group NASDAQ:LCID missed second-quarter delivery estimates on Thursday and named Alexander De Bock as its new finance chief, the latest leadership change at the struggling electric-vehicle maker since it appointed a new CEO in April.De Bock will replace Taoufiq Boussaid, who has held the role…
By Stephen NellisMicrosoft NASDAQ:MSFT said on Thursday it is creating a new company that will help customers select AI technologies that work for their businesses and generate returns on their investment.Microsoft Frontier Company, as the new operating entity is called, will kick off with $2.5 bil…
FLSmidth & Co A/S OMXCOP:FLS:
