LiveTesla Shares Fall as Delivery Warning Sparks Doubts Over Growth Momentum
On Thursday, shares of Tesla (NASDAQ:TSLA) Inc plunged 9 per cent, primarily due to rapid inflation and logistics challenges. Tesla shares, which lost 37 per...
Category : BUSINESS
Freeport-McMoRan Profit Plunges on Weak Copper Prices
On Thursday, Freeport-McMoRan (NYSE:FCX) Inc, the US-based Copper miner, reported a decline in Q3 profit as recession fears and COVID-19 lockdowns in China hit the...
Alcoa Shares Fall 10% After a Big Q3 Miss and Guide Down
On Thursday, shares of Alcoa (NYSE:AA) are trading 10 per cent lower in pre-market after the aluminum business reported weak Q3 results. Reportedly, Alcoa posted...
AT&T Inc Raises Annual Profit Forecast on Strong Demand
AT&T Inc, the US wireless carrier, raised its annual profit view and reported a better-than-expected adjusted profit in Q3 on strong demand for its phone...
Amazon Faces $1 Bn Lawsuit in Britain for Favouring Its Own Products
Amazon.com Inc (NASDAQ:AMZN) is facing a lawsuit in Britain for damages of up to USD 1 billion (900 million pounds ) over allegedly abusing its...
Revfin Raises $10 Million in Series A Funding
Revfin, a digital platform for electric vehicle financing, said it had raised $10 million (over Rs 80 crore) in a Series A funding round. The...
Lupin to Acquire Two Inhalation Brands from Sunovion
The transaction is to be accretive to earnings in the first year as per the drug maker. The pharmaceutical company announced the agreement which acquired...
Glenmark Pharma Introduces Teneligliptin and Dapagliflozin FDC
The pharmaceuticals company Glenmark Pharma Ltd introduce medicine for the time with the combination of Teneligliptin (20mg) and Dapagliflozin (5mg/10mg) for the treatment of adult...
Spirit Airlines Shareholders Approve $3.8 Billion Sale to JetBlue
On Wednesday, shareholders of Spirit Airlines voted to accept JetBlue Airways’ $3.8 billion takeover, but the deal could still face challenges from federal antitrust regulators....
China’s Fosun International to Sell 60% Stake in Nanjing Nangang Iron & Steel United
On Wednesday, Chinese conglomerate Fosun International said its three subsidiaries would sell a 60% stake in Nanjing Nangang Iron & Steel United to the steelmaker...