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Hapag-Lloyd raises full year outlook on stronger-than-expected demand

(Reuters) – German international shipping company Hapag-Lloyd said on Thursday that it is raising its full-year earnings guidance, citing stronger-than-expected demand and improved freight rates. Hapag-Lloyd now expects earnings before…

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Europe’s top court rules for Intel to end long-running antitrust case

BRUSSELS (Reuters) – The EU Court of Justice, Europe’s top court, ruled on Thursday in favour of Intel (NASDAQ:INTC), ending a nearly two-decade-long fight between the U.S. chipmaker and EU…

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Unilever making ‘drastic’ changes in Indonesia amid boycotts

By Richa Naidu LONDON (Reuters) – Unilever (LON:ULVR) will make “drastic” changes in Indonesia, its finance chief said on Thursday as consumers boycott multinational brands in response to the war…

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China’s CATL unveils new battery for extended-range hybrids

BEIJING (Reuters) – Chinese battery giant CATL on Thursday launched its first battery product focused on extended-range hybrids at a time when this category of electrified cars is seeing the…

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Tesla allays investor fears with crucial EV growth forecast, shares jump

By Abhirup Roy SAN FRANCISCO (Reuters) -Tesla’s stock shot up nearly 12% in pre-market trade on Thursday, a day after it forecast surging car sales growth, reassuring investors that CEO…

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Dassault Systemes shares fall after FY24 guidance cut amid automotive weakness

Investing.com — Shares of Dassault Systemes (EPA:DAST) fell after the company announced a downward revision to its fiscal year guidance, citing weaker-than-expected results primarily driven by challenges in the automotive…

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Lam Research beats Q1 expectations, shares jump on strong outlook

Lam Research Corp (NASDAQ:LRCX) reported better-than-expected first quarter earnings and revenue, sending shares up over 6.5% as the semiconductor equipment maker provided an optimistic outlook for the coming quarter. The…

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Tesla’s earnings beat, rosy forecast push shares more than 11% higher

Investing.com — Tesla reported third-quarter results that beat Wall Street estimates and said it expects to achieve “slight” growth in deliveries this year, sending shares in the electric vehicle maker higher…

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Vietnam plans capital injection into Vietcombank to support policy goals

HANOI (Reuters) – Vietnam is planning to inject 20.695 trillion ($815 million) of capital into state-owned commercial lender Vietcombank, the country’s biggest bank, to boost its capacity to support government…

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Boston Scientific raises annual earnings forecast, shares rise

Investing.com — Boston Scientific (NYSE:BSX) stock climbed over 1% in premarket trading Wednesday after the company raised its full-year earnings guidance, surpassing the consensus estimate. For the third quarter, the…

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