Q&A: AutoNation CEO sees vehicle prices moderating this year
DETROIT (AP) — Prices of new and used automobiles are staggeringly high, and that’s partly responsible for strong earnings last…
February 18, 2022
Deere Lifts Profit Forecast On Strong Equipment Demand
(Reuters) – Deere & Co on Friday lifted its full-year profit forecast, as it expects to benefit from solid demand…
UK Shoppers Return To Stores After Omicron Knock
By David Milliken LONDON (Reuters) – British shoppers began to return to stores last month after many stayed away during…
Huawei To Invest $632 Million To Build New Digital Energy HQ In Shenzhen
BEIJING (Reuters) – Huawei Technologies will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre…
Exclusive-India Makes Record U.S. Soyoil Purchases As Drought Parches South America
By Rajendra Jadhav MUMBAI (Reuters) – Indian traders have contracted to import a record 100,000 tonnes of soyoil from the…
China NEV Sales Drop 18.6% In January After Subsidy Cut
BEIJING (Reuters) -Sales of new energy vehicles (NEVs) in China fell 18.6% month-on-month in January after the country cut subsidies…
Renault To Accelerate State Aid Repayment After Swinging Back To Profit
PARIS (Reuters) -Renault plans to repay the state aid it received in the coronavirus pandemic ahead of schedule, the French…
Australian State Sets Minimum Pay For Amazon Contractors In Landmark Step
By Byron Kaye SYDNEY (Reuters) – An Australian state ordered Amazon.com Inc on Friday to pay a minimum rate to…
Stocks fall again, handing Wall Street another losing week
Stocks capped a week of volatile trading on Wall Street with a broad sell-off Friday that left the major indexes…
Construction Chemicals Maker Sika Posts Highest-ever Annual Profit
(Reuters) -Sika posted a 27.1% jump in full-year net profit on Friday and proposed a 16% higher dividend, as the…