BENGALURU, March 5 Reuters Shares of Tata Motors advanced 4 in early trade on Tuesday, a day after the Indian automaker said it will split into two listed companies, separating its commercial vehicle business from its passenger vehicle arm. After the demerger, one entity will house the passenger and electric vehicles as well as the Jaguar Land Rover […]

HONG KONG, March 5 Reuters Statebacked China Vanke said on Tuesday the funding for repaying its dollar notes due on March 11 is in place, amid more selling pressure on its bonds as concern mounts over liquidity at the Chinese developer. China39;s No.2 property developer by sales said in a statement to Reuters that the […]

March 5 Reuters Swiss security group Dormakaba confirmed its fullyear outlook on Tuesday and reported halfyear net sales that were slightly below expectations, hurt by a negative currency translation effect. Group net sales amounted to 1.38 billion Swiss francs 1.56 billion for the halfyear ending December, up 3.9 organically but slightly below analysts39; average forecast of […]

PARIS, March 5 Reuters France39;s Thales on Tuesday reported an 11 underlying increase in 2023 operating profit and 8 higher sales, buoyed by a rebound in the civil aerospace market, while becoming the latest group to feel pressure in the competitive space business. The company posted a record 2.132 billion euros 2.31 billion of operating profit […]

SAN FRANCISCO, March 4 Reuters Shares in Tesla fell more than 7 on Monday after its sales declined in February in China, where it likely faced a slowdown during the Lunar New Year holidays. The fall in sales in its key market dimmed the outlook for Tesla39;s global deliveries, at a time when the top EV […]