Focus on Finance
Porsche bids to restore output, tackle supply chain risks in second half
Porsche fighting to restore production volumes after months of supply chain snags, slow EV demand and a sales slump in China
China’s BYD widens EV lead over Tesla in Singapore, Southeast Asia, data shows
China's BYD widened its sales lead over Tesla in Singapore in the first half of this year, government data showed
Russia considering ban on diesel exports, Kommersant reports
The Russian government is considering a ban on exports of diesel due to rising domestic prices, the Kommersant daily reported on Wednesday
Canada’s Teck Resources beats second-quarter profit estimates
Canadia's Teck Resources beat Q2 profit estimates on Wednesday, helped by higher production of copper at its Quebrada Blanca mine in Chile
Wind farms more than double UK Crown Estate profit to £1.1bn
The Crown Estate owns the vast majority of Britain’s seabed, and leases part of it to wind farm operators.
Tesla reports profit drop on price cuts, lower vehicle sales
Tesla reported a significant drop in Q2 profits Tuesday due to price cuts while heavily investing in AI and other tech.
Analog chipmaker Texas Instruments beats second-quarter profit estimates
Texas Instruments' Q2 profit beat estimates as analog chip demand stabilized; shares rose 4%, year-to-date gain 16%.
Tesla profit margins worst in five years as price cuts, incentives weigh
Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter
Tesla shares could swing 10% either way after earnings, options show
With Tesla market cap at around $800 billion, such a move would make for a swing in the value of the company of...
