Cboe Beats Q3 Profit Estimates on Strong Hedging Activity

Nov 1 Reuters Cboe Global Markets reported better than expected thirdquarter profit on Friday, helped by strong options trading as investors actively hedged against geopolitical and economic uncertainties. A robust equities market, shifts in the U.S. Federal Reserve39;s key policy rates and the potential economic fallout from the Middle East conflict have investors and portfolio managers […]
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Volvo Cars October Sales Rise 3 YearonYear

COPENHAGEN, Nov 4 Reuters Volvo Cars39; sales rose 3 yearonyear in October to 61,686 cars driven primarily by an increase in sales of fully electric and plugin hybrid models in Europe, the Swedenbased automaker said on Monday. Volvo Cars, which is majorityowned by China39;s Geely Holding, said in a statement that sales in Europe, its biggest […]
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Southwest Names Aviation Veteran Gangwal, Board Chairperson

Nov 4 Reuters Southwest Airlines on Monday named aviation industry veteran Rakesh Gangwal as the independent chair to its board, days after the budget carrier settled its feud with activist investor Elliott. The airline brought in the cofounder of India39;s largest carrier Indigo to its board in July despite criticism from Elliott Investment Management at the time. […]
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PepsiCo Beats New York States Lawsuit over Plastics Pollution

PepsiCo was accused of polluting Buffalo39;s water supply Judge criticizes Attorney General Letitia James for suing James disappointed with decision, reviewing options PepsiCo emphasizes commitment to plastics reduction NEW YORK, Nov 1 Reuters PepsiCo won the dismissal of New York39;s lawsuit accusing the beverage and snackfood company of polluting the environment with singleuse plastic packaging, as […]
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Blackstone Targets new European Markets in Global Wealth Push

Blackstone39;s global wealth assets have grown to 250 billion Private equity firm appoints COO in Europe to help drive growth Wealthy have been leaving UK since Brexit executive LONDON, Nov 4 Reuters Blackstone39;s private wealth business plans to enter at least two new European markets next year to tap growing demand among the welloff, two executives […]
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Teslas Oct ChinaMade EV Sales Fall 5.3 yy

BEIJING, Nov 4 Reuters U.S. automaker Tesla sold 68,280 Chinamade electric vehicles in October, down 5.3 from a year earlier, data from the China Passenger Car Association CPCA showed on Monday. Deliveries of Chinamade Model 3 and Model Y vehicles fell 22.7 from the previous month. Chinese rival BYD, with its Dynasty and Ocean series of […]
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Exxons 8.6B Profit Beats as Volume Offsets Price Weakness

Output hits nearly 4.6 million barrels of oil and gas per day Expects full year production of 4.3 million boepd Shareholder returns reach 20 with expanded dividend Shares rise nearly 2 in premarket trading HOUSTON, Nov. 1 Reuters Exxon Mobil on Friday beat Wall Street39;s third quarter profit estimate, boosted by strong oil output in its […]
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