Finance

European voters head to the polls on final day of EU election

This photograph shows European countries' flags waving in front of the European Parliament building in Strasbourg, eastern France, on June 6, 2024. (Photo...

Saudi Arabia’s Q1 GDP shrinks estimated 1.7% y/y By Reuters

DUBAI (Reuters) - Saudi Arabia's real gross domestic product (GDP) in the first quarter shrank 1.7% from a year earlier, preliminary government...

Volvo shifting EV production to Belgium to evade China tariffs, The Times reports By Reuters

(Reuters) - Volvo (OTC:) cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European...

Margin Expansion of IT Cos. in FY25 Faces Significant Hurdles By Investing.com

Jefferies' latest report casts doubt on the anticipated expansion of EBIT margins for IT companies in FY25. The consensus expectation is an 80...

The climate economics of the world’s 6,000 superyachts: ‘It’s not an entirely rational decision’

Superyachts are the ultimate status symbol for royal families, oligarchs and billionaires from Jeff Bezos to Bernard Arnault. The floating palaces are a...

Tesla will not launch refreshed Model Y this year, Musk says By Reuters

(Reuters) - Tesla (NASDAQ:) will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on...

Chrysler to recall more than 211,000 vehicles in US due to software malfunction, NHTSA says By Reuters

(Reuters) - Chrysler is recalling more than 211,000 vehicles in the United States due to a software malfunction that could disable the...

Haiti’s interim PM hospitalized, in stable condition, local media says By Reuters

PORT-AU-PRINCE (Reuters) - Haiti's interim prime minister, Garry Conille, was hospitalized but appeared to be in stable condition, local outlet Radio Metronome...

European Parliament poised for rightward shift after final voting By Reuters

By Philip Blenkinsop BRUSSELS (Reuters) - Voters in 21 EU countries including France and Germany will conclude a four-day election for the...
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