Month: October 2018

Tesla Inc’s Shanghai Gigafactory is planning to produce two models in its first phase project, a Shanghai government filing showed on Wednesday.

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The whistleblower who helped to reveal a major money laundering scandal at Denmark’s largest bank, Danske Bank , will testify before the European Parliament and the Danish Parliament at two events in November.

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Dow futures rose on Wednesday after Boeing raised its profit forecast, easing worries of slowing corporate profits, but dim outlook from other China-reliant companies, including chipmakers, kept the pressure on the S&P and Nasdaq futures.

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Semiconductor stocks slumped on Wednesday after Texas Instruments Inc and Franco-Italian chipmaker STMicroelectronics warned of slowing demand.

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Boeing topped analysts’ forecasts for quarterly profit on Wednesday despite a series of charges on U.S. military programs and raised its forecasts for annual profit as it continued to benefit from a boom in global air travel and airplanes.

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Germany’s Daimler is setting up a ride-hailing joint venture in China with Geely Group [GEELY.UL], in a sign the Chinese firm is making progress in its drive for closer relations with the maker of Mercedes-Benz cars.

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World stocks flatlined on Wednesday, after five straight days of losses, oil prices traded near two-month lows and Wall Street was tipped for a lower open after fresh signs that global economic growth and company profits may be losing steam.

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Scandal surrounding the killing of Saudi journalist Jamal Khashoggi has shrunk the attendance of senior executives from multinational companies at this week’s Future Investment Initiative conference in Riyadh.

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AT&T Inc posted a surprise gain in U.S. wireless subscribers on Wednesday but quarterly profit rose less than expected, held back by its declining satellite TV business, sending its shares down more than 3 percent before the bell.

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Boeing topped analysts’ forecasts for quarterly profit on Wednesday and raised its forecasts for annual profit as it continued to benefit from a boom in global air travel and demand for airplanes.

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Boeing topped analysts’ forecasts for quarterly profit on Wednesday and raised its forecasts for annual profit per share by more than half a dollar as it continued to benefit from a boom in global air travel and demand for airplanes.

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A U.S. federal appeals court on Tuesday reinstated a lawsuit by a group of former child slaves accusing the U.S. unit of Nestle SA, the world’s largest food maker, and Cargill Co [CARG.UL] of perpetuating child slavery at Ivory Coast cocoa farms.

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AT&T Inc’s quarterly profit missed analysts’ estimates on Wednesday, sending its shares down 2 percent before the bell, even as it posted a surprise gain in U.S. wireless postpaid subscribers.

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A Stuttgart court ordered Porsche Automobil Holding SE to pay damages to shareholders and charged the company with violating disclosure rules tied to a 2015 diesel emissions scandal, two lawfirms said on Wednesday.

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When Tesla Inc posts third-quarter results on Wednesday, Chief Executive Elon Musk may show off a long-promised quarterly profit, as production of his Model 3 electric sedan takes off. But the real question is whether any such gains will be sustainable.

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