Reuters
German air-taxi maker Lilium’s units to file for insolvency, shares plunge
Lilium's German subsidiaries filed for insolvency amid a cash crunch, sending shares down 57 per cent.
Brazil inflation picks up in mid-October with higher electricity costs
Inflation in Brazil rose due to higher electricity costs, driving up consumer prices in Latin America's largest economy.
Valero Energy quarterly profit plunges on weak refining margins
Valero Energy's profit slumped 86 per cent on lower refining margins, but beat expectations with $1.14/share vs. analysts' 98 cents estimate.
Teck Resources reports Q3 profit beat, cuts FY copper production forecast
Teck Resources' Q3 profit beats estimates on record Chile copper output, despite lowering full-year production outlook.
Renault beats Q3 forecasts as new launches lift sales
Renault posted a surprise Q3 revenue rise, driven by demand for new hybrids, despite declining sales volumes amid a tough market.
Hyundai Motor’s Q3 operating profit falls 7% from a year earlier
Hyundai warns of slowing demand, posts seven per cent drop in Q3 profit, but maintains 2024 earnings target; shares fall five per cent...
Anglo American copper, diamond output down in Q3, 2024 guidance unchanged
Anglo American reported a Q3 drop in copper and diamond production but maintained 2024 guidance amid restructuring efforts.
China’s CATL unveils new battery for extended-range hybrids
Chinese battery giant CATL launched its first battery product focused on extended-range hybrids.
Netherlands to miss 2030 climate goal without further action, adviser says
The Netherlands risks missing its 2030 climate goal unless additional measures to tackle greenhouse emissions are taken.
Chinese self-driving startup WeRide files for $440 million U.S. IPO
Chinese self-driving startup WeRide has filed for a $119.4M IPO on Nasdaq and a $320.5M private placement, aiming for a $5B valuation.
