Tesla delivered record cars in Q4, but lost its top EV spot to China’s BYD
Tesla (TSLA.O), the inventor of Electric Vehicles (EV) around the globe delivered a record number of cars in Q4, beating all ...
Tag: China
China manufacturing shrinks in December; requires fresh stimulus
The reports coming from Beijing notes that manufacturing activity shrinks again in China for the third-straight month in December and ...
Nike cuts earnings outlook; unveiling $2 billion savings plan
Nike cuts down its annual earnings outlook amidst cautious consumer spending, and a weak period of online business. The company ...
Oil hits rock-bottom since July; drops 4% on demand worries
Oil price index started with a shudder on Wednesday, as it hits rock-bottom, drops by 4% to reach at lowest ...
Standard Chartered Q3 profit falls amid China banking losses
Standard Chartered (STAN.L) on Thursday announced that its pre-tax profit falls in Q3 by 33% amid real-estate and banking losses ...
China to curb exports of graphite; a key battery material
China on Friday vowed to curb the exports of certain types of graphite; that is key in manufacturing EV batteries. ...
China’s Q3 GDP growth exceeds forecast, showing increased economic activity
China’s GDP growth figures exceeds forecast as per the data released for Q3 on Wednesday. In addition, the industrial and ...
Country Garden warns against failing to pay offshore debt obligations
China’s Country Garden warns investors against failing to pay offshore debt obligations when due or within the grace periods, as ...
China Evergrande Shares Plunged 25% following the arrest of wealth management staff
Hong Kong, (Reuters) - Shares of embattled property developer, China Evergrande Group, plunged by 25% on Monday following the arrest ...
SoftBank-backed Arm sets share prices at $51 ahead of the IPO
UK-based chip maker and semiconductor designer has secured a valuation of more than $54 billion before the trading starts on ...