FRANKFURT, Aug 10 Reuters Thyssenkrupp on Thursday said it was now targeting the upper end of its operating profit outlook range in 2023, citing a robust third quarter that showed betterthanexpected results at its materials and steel units. The engineering and steel production conglomerate now expects adjusted earnings before interest and tax EBIT in the high […]

FRANKFURT, Aug 10 Reuters Germany39;s Allianz on Thursday posted a betterthanexpected 18 rise in secondquarter net profit, rebounding from volatile markets a year ago, and confirmed its 2023 outlook. The company, one of Europe39;s largest financial firms, pointed to strength at its property and casualty division, helped by lower claims from natural disasters. Net profit attributable […]

Aug 9 Reuters Rivian Automotive on Tuesday raised its fullyear production forecast, and its chief executive said the electric vehicle maker has enough money to last it through 2025 as it keeps a lid on costs. Shares in Rivian, which initially rose nearly 3 after results were published, were up 1 in choppy extended trading. The […]

SHANGHAI, Aug 9 Reuters Li Auto said it aimed to outsell BMW, MercedesBenz and Audi in China in 2024 as the up and coming Chinese automaker accelerates rollouts of new models and ramps up production. We would strive to become the no.1 premium car brand in China in 2024 in terms of sales, Li Auto39;s CEO Li […]

TOKYO, Aug 9 Reuters Japan39;s Honda Motor reported a 78 rise in quarterly profit on Wednesday, boosted by increased sales, especially in the North American market, and a weaker yen. Japan39;s secondbiggest automaker by sales said its operating profit totalled 394.4 billion yen 2.76 billion in the three months through June, handily beating the average 324.74 […]