Focus on Finance
GM seeks to ease shareholders’ nerves at investor day
GM aims to reassure investors that despite slowing EV demand, profit growth remains achievable, focusing on stability.
Nikola’s hydrogen-powered truck deliveries to dealers rise 22% in Q3
Nikola delivered 88 hydrogen fuel cell trucks in Q3, up from 72 in Q2, maintaining steady demand for its big rigs.
Citgo share auction creditors oppose terms of Elliott-affiliate’s bid
Creditors criticize Elliott's $7.3B Citgo bid, claiming it won’t cover Venezuela’s $21.3B debt from expropriations.
GM reports US sales dip, but says EVs grew
GM reported a 2.2 per cent drop in Q3 US sales but highlighted 46 per cent growth in EV sales, steady pricing, and...
GM’s Q3 US sales fall about two per cent
General Motors' Q3 U.S. vehicle sales dropped 2.2 per cent, with buyers opting for affordable models like the Trax SUV.
Big oil’s big payouts under strain as energy prices fall
By Ron Bousso LONDON (Reuters) -Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share...
TC Energy launches South Bow Corp. as independent crude oil pipeline business
TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.
China’s stimulus sparks copper rally, but supply glut clouds outlook
Copper prices surged this week on China's stimulus hopes, but oversupply forecasts suggest the rally may be premature.
European autos stocks wipe off $10 billion after Stellantis warning
European auto stocks dropped four per cent as Stellantis, Volkswagen, and Aston Martin warnings highlight earnings and demand woes.
