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07/12/2024
Citigroup tops expectations for profit and revenue on strong Wall Street results
07/12/2024

Citigroup tops expectations for profit and revenue on strong Wall Street results

Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity.

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07/11/2024

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The Euro (EUR) is enjoying some “silence” on French politics, which is making investors comfortable so far with EUR/USD drifting slightly higher from the 1.0800-1.0830 anchor, ING’s FX strategist Francesco Pesole notes.

China's BYD set to beat Tesla in 2024 battery EV sales, Counterpoint says
07/03/2024

China's BYD set to beat Tesla in 2024 battery EV sales, Counterpoint says

Counterpoint Research on Tuesday said China "remains a dominant force in the BEV market" with BYD leading the way.

After Brexit, the UK's relationship with the EU could improve with the election
07/03/2024

After Brexit, the UK's relationship with the EU could improve with the election

The Labour Party says it wants to "reset" relations with the EU but doesn't want to scare swing voters away from the party.

https://finance.yahoo.com/news/used-car-retailer-carmaxs-first-110024478.htmlPre-owned vehicle retailers have had a bump...
06/21/2024

https://finance.yahoo.com/news/used-car-retailer-carmaxs-first-110024478.html

Pre-owned vehicle retailers have had a bumpy ride with profitability worsening over the last few years as new vehicle availability improved. Better offers and...

Pre-owned vehicle retailers have had a bumpy ride with profitability worsening over the last few years as new vehicle availability improved. Better offers and trade-in deals on new vehicles have also kept potential buyers at bay from considering used vehicles. CarMax reported a net income of $152.4....

https://finance.yahoo.com/news/ev-startup-fiskers-u-units-125015169.htmlFisker Inc and its other U.S. subsidiaries have ...
06/19/2024

https://finance.yahoo.com/news/ev-startup-fiskers-u-units-125015169.html

Fisker Inc and its other U.S. subsidiaries have entered into Chapter 11, the firm said, adding that discussions about the sale of assets remain ongoing. As pe...

Fisker Inc and its other U.S. subsidiaries have entered into Chapter 11, the firm said, adding that discussions about the sale of assets remain ongoing. As per the court filing, Fisker Inc listed assets estimated to be worth between $500 million and $1 billion, while its liabilities were projected a...

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