European Shares Flat, Croda Falls on Profit Warning

Croda profit warning weighs on other chemical firms All eyes on Fed, ECB policy meetings next week Miners top gainer for the week, chemicals top decliner June 9 Reuters European shares dipped on Friday, rounding off a lacklustre week which saw investors step to the sidelines ahead of crucial updates from the U.S. Federal Reserve […]
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UKs FTSE 100 Falls on Croda Selloff; AstraZeneca Gains

Real estate, home construction down after Moody39;s warning Network International up after agreeing to PE deal Amigo grants shareholder rights to help raise funds Croda set for biggest drop since 2000 FTSE 100 slides 0.04, FTSE 250 off 0.2 June 9 Reuters UK39;s FTSE 100 traded slightly lower on Friday as a steep fall in […]
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Chinas BYD Announces new Fang Cheng Bao Brand of EV

BEIJING, June 9 Reuters BYD announced on Friday a new brand of electric vehicles EV ranging from offroad to sports cars as the company looks to meet more diversified consumer demand. The new brand is called Fang Cheng Bao, which translates from Chinese literally as Formula and Leopard. The Chinese EV giant is expected to […]
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GM Embraces Teslas EV Charging System, Wall Street Cheers

June 8 Reuters General Motors will join Ford in adopting Tesla39;s North American charging plug standard and give GM electricvehicle buyers access to the Tesla Supercharger network under an agreement announced on Thursday. GM39;s move, which follows a similar decision by Ford to embrace Tesla39;s charging plug standard, means three of the top EV sellers in the North American […]
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GameStop Shares Plummet after Fifth CEO Exit in 5 Years

Reuters GameStop fell about 19 on Thursday and was set for its worst session in two years after the surprise exit of a CEO handpicked to lead its online expansion fanned concerns about the videogame retailer39;s ailing business. The ousting of former Amazon.com executive Matt Furlong came alongside top shareholder Ryan Cohen39;s appointment as the executive […]
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Pakistan Set for 0.29 GDP Growth in FY23

June 8 Reuters Pakistan is likely to post GDP growth of 0.29 in the fiscal year ending June 2023, the country39;s economic survey released on Thursday said, well below the target of 5 set last year. The country39;s economy has suffered record high inflation and an economic slowdown compounded by devastating floods last year and […]
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