(Reuters) – Credit Suisse executives spent the weekend reassuring large clients, counterparties and investors about its liquidity and capital position, the Financial Times reported on Sunday. A spokesman for Credit Suisse declined to comment on the report when contacted by Reuters. Executives made the calls after spreads Credit Suisse credit default swaps (CDS), which offer…
By Hyunjoo Jin -Tesla Inc on Sunday announced lower-than-expected electric vehicle deliveries in the third quarter, as logistical challenges overshadowed its record deliveries. Tesla delivered 343,830 electric vehicles, a record for the world’s most valuable automaker, but less than the 359,162 analysts on average had expected, according to Refinitiv. A year earlier Tesla delivered 241,300…
-Tesla Inc on Sunday announced its third-quarter electric vehicle deliveries were lower than expected, citing logistics challenges. Tesla delivered 343,830 electric vehicles, while analysts on average had expected 359,162, according to Refinitiv. A year earlier Tesla delivered 241,300 units. The latest deliveries fell far short of Tesla’s production of 365,923 vehicles, which is rare for…
SARAJEVO, Bosnia-Herzegovina (AP) — Polls opened Sunday in Bosnia for a general election that is unlikely to bring any substantial change despite palpable disappointment in the small, ethnically divided Balkan country with the long-established cast of sectarian political leaders. The election includes races for various levels of government that are part of one of the…
RIO DE JANEIRO (AP) — Brazil’s top two presidential candidates will face each other in a runoff vote after neither got enough support to win outright Sunday in an election to decide if the country returns a leftist to the helm of the world’s fourth-largest democracy or keeps the far-right incumbent in office. With 99.9%…
HELSINKI (AP) — Authorities in Denmark said Sunday that the Nord Stream 1 natural gas pipelines have also stopped leaking, a day after officials said that the ruptured Nord Stream 2 pipelines also appeared to stop leaking. The Nord Stream AG company informed the Danish Energy Agency that a stable pressure now appears to have…
PARIS (Reuters) – The head of carmaker Stellantis, Carlos Tavares, expects the semiconductor supply chain to remain tight until the end of next year, he said in an interview published on Sunday in French newspaper Le Parisien. “The situation will remain very complicated until the end of 2023, then will ease a little,” said Tavares,…
IZIUM, Ukraine (AP) — The first time the Russian soldiers caught him, they tossed him bound and blindfolded into a trench covered with wooden boards for days on end. Then they beat him, over and over: Legs, arms, a hammer to the knees, all accompanied by furious diatribes against Ukraine. Before they let him go,…
ZURICH (Reuters) – Resistance from shareholders and United States regulators torpedoed Swiss bank UBS’s $1.4 billion bid for U.S. digital wealth management group Wealthfront, Swiss paper SonntagsZeitung reported, citing bank sources it did not identify. UBS and Wealthfront said last month they had agreed to terminate the deal that was expected to fast-track UBS’s growth…
HELSINKI (AP) — Latvia’s ruling center-right party won the most votes in the country’s general election, centrist parties were the runners-up and pro-Moscow parties crashed in a vote that was shaped by Russia’s war in Ukraine, according to results published Sunday. With over 99% of the votes counted, Prime Minister Krisjanis Karins’ New Unity party…
