Nov 5 Reuters When Reuters reported in April that Tesla had scrapped plans for a longpromised, nextgeneration 25,000 electric vehicle, the automakers stock plunged. Chief Executive Elon Musk rushed to respond on X, his socialmedia network. Reuters is lying, he posted, without elaborating. Teslas stock recovered some of its losses. Six months later, Musk appears […]

Nov 5 DuPont de Nemours raised its fullyear profit forecast above Street estimates on Tuesday after the industrial materials maker beat thirdquarter earnings target on strong demand for electronics and artificial intelligencebased technology. New orders improved in the U.S. manufacturing sector in September, primarily driven by an AI surge and increased China demand, which helped DuPont raise […]

Adj EBITDA at 638 mln euros, matching analyst forecasts Car shipments down 2 in Q3 to 3,383 units Confirms forecasts for FY 2024 results Shares down on Tuesday, but up 40 this year MILAN, Nov 5 Reuters A richer model lineup and increased demand for personalisation continued to support growth at Ferrari, which on Tuesday […]

WARSAW, Nov 5 Reuters Polish oil and gas company Orlen said on Tuesday its Olefins petrochemicals project will not generate positive cashflow in future as it again wrote down the value of the flagship investment started by the group39;s former management. According to its preliminary third quarter earnings published on Tuesday, Orlen wrote down 912 million […]

Says consumers have a little more spending power Primark trading improved after Sept. 5 update Trading strong in Sept. and most of Oct. UK govt tax changes to cost 39;tens of millions39; of pounds LONDON, Nov 5 Reuters Budget clothing retailer Primark is expecting to trade well in the runup to Christmas, the boss of […]