DETROIT, Jan 31 Reuters General Motors Co shares jumped early on Tuesday after it reported higher net income for the fourth quarter, forecast strongerthanexpected earnings for 2023 and said it would cut 2 billion in costs. The automaker, the top in the United States by sales, forecast that it could hold its pretax margins steady between […]

MUMBAI, Feb 1 Reuters The dollar bonds issued by entities of India39;s Adani Group resumed their falling trend on Wednesday after a brief rise in the previous session. The bonds had sold off following a scathing report by U.S. shortseller Hindenburg Research last Wednesday that triggered a rout in the stocks of the conglomerate39;s companies. […]

Service revenue declines in three out of four big markets Interim CEO says Q3 was a low point, sees improvement ahead Della Valle no comment on permanent appointment process Shares fall 2 LONDON, Feb 1 Reuters Vodafone reported a steeperthan expected slowdown in its third quarter, the first under interim boss Margherita Della Valle, after service […]

WASHINGTON, Jan 31 Reuters Tesla Inc disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full SelfDriving FSD and Autopilot driverassistance systems as regulatory scrutiny intensifies. The automaker said in a filing it has received requests from the DOJ for documents related to Teslas Autopilot and FSD features. Reuters reported in October Tesla is under […]

MEXICO CITY, Jan 31 Reuters Cashstrapped Mexican stateowned oil company Petroleos Mexicanos PEMX.UL Pemex said on Tuesday it had completed a 2 billion bond raising to be used largely to refinance some of its debt. Pemex did not give details on the bond39;s tenor or coupon rate, but it said the deal had been five […]

Q4 profit and sales figures beat forecasts 2023 guidance demonstrates improved momentumanalyst Shares have lagged rivals since 2020 Some analysts raise concerns about company39;s pipeline Feb 1 Reuters GSK on Wednesday beat fourthquarter profit and sales forecasts helped by sales of its blockbuster shingles vaccine Shingrix and unveiled an upbeat forecast for 2023. The positive outlook […]

FY operating income flat, slightly below expectations Co on track to spin off generic business Sandoz in H2 Market pinning hopes on breast cancer, blood disorder therapies Shares fall on 39;disappointing39; Sandoz outlook BASEL, Feb 1 Reuters Novartis on Wednesday predicted that core operating income would grow in a mid single digit percentage range in 2023 […]