September 2023 – Page 32

Joby Aviation to Build Air Taxi Production Plant in Ohio

September 18, 2023
Business
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WASHINGTON, Sept 18 Reuters Electric aircraft maker Joby Aviation will invest up to 500 million to build a new facility in Dayton, Ohio, where it will mass produce air taxis, it said on Monday. The 140acre site at Dayton International Airport is set to be the first serial production location for the company, as opposed to […]

September 18, 2023
Business
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Sept 18 Reuters Saudi Arabia is in early talks with U.S. electric automaker Tesla to set up a manufacturing facility in the kingdom, the Wall Street Journal reported on Monday, citing sources familiar with the matter. The report comes just hours after Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a vehicle factory in Turkey, […]

September 18, 2023
Business
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TORONTO, Reuters Bank of Montreal BMO is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will result in an unspecified number of job losses, Canada39;s thirdlargest bank said. The bank, which announced the move on Saturday, has conducted this business in Canada and the United States. […]

September 18, 2023
Business
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Sept 18 Reuters Contract drug manufacturer Lonza said on Monday Chief Executive PierreAlain Ruffieux will leave the Swiss company by mutual agreement at the end of the month, weighing on investor confidence about the group39;s mediumterm profit prospects. Lonza said its mediumterm strategy and outlook would be discussed in detail at its capital markets day on […]

September 18, 2023
Finance
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MUMBAI, Sept 18 Reuters The Indian rupee is expected to open slightly higher on Monday with expectations around intervention by the central bank offsetting concerns over elevated crude oil prices and a widening trade deficit. Nondeliverable forwards indicate rupee will open at around 83.10 to the U.S. dollar compared with 83.1850 in the previous session. […]

September 18, 2023
Finance
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PREVIOUS TRADING DAY EVENTS 15 Sep 2023 According to the Empire State Manufacturing survey, manufacturing activity in New York State accelerated moderately in September as new orders and shipments increased. Factory activity in the state rose to 1.9 this month from negative 19.0 in August. Readings above zero indicate expanding activity. The indexs sixmonth outlook […]

September 18, 2023
Finance
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US Fed policy decision due on Wednesday Dollar holds firm near sixmonth high Palladium down more than 1 Sept 18 Reuters Gold was little changed on Monday as investors stayed on the sidelines, positioning for a series of key central bank policy meetings this week, with the U.S. Federal Reserve widely expected to hit pause […]

September 18, 2023
Finance
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MUMBAI, Sept 18 Reuters The rupee inched up against the U.S. dollar on Monday, but surging oil prices and the rally on the dollar index suggest the rising risk of a significant decline in the local currency, analysts said. The rupee was last at 83.1450 to the U.S. dollar, compared with 83.1850 in the previous […]

September 18, 2023
Finance
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JOHANNESBURG, Sept 18 Reuters The South African rand was steady in early trade on Monday, ahead of local and international interest rate announcements this week. At 0718 GMT, the rand traded at 18.9800 against the dollar , not far from its previous close of 18.9850. The dollar last traded near its previous close of 105.260 […]

September 18, 2023
Finance
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Sees annual revenue growth of 02 up to 2026 First big markets test for CEO Krupa Pledges to streamline portfolio of assets Shares on track for biggest daily decline since March LONDON, Sept 18 Reuters Societe Generale39;s shares plunged more than 6 on Monday after France39;s thirdbiggest listed bank said it expected little if any growth […]

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Joby Aviation to Build Air Taxi Production Plant in Ohio

Tesla, Saudi Arabia in Early Talks for EV Factory WSJ

Canadas BMO to Close Indirect Retail Auto Finance Business, Flags Job Losses

Lonza CEO Departure Prompts Concern over Earnings Prospects

India Rupee to Rise Despite Higher Oil Prices, Widening Trade Deficit

NearTerm Lower Inflation Expectations, U.S. Stocks Plunged, Metals Higher

Gold Steadies as Investors Brace for Key Cenbank Verdicts

Risk of Sizeable Decline on INR on Rise, Analysts Say

South African Rand Steady in Start of Rate Decision Week

SocGen Shares Tumble after new Strategy sees Little Growth

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