October 18, 2019

Tesla’s Nuerburgring run revs up debate over speed records

Tesla Inc’s attempts to humble Porsche with a new lap record on Germany’s legendary Nordschleife racetrack have reignited a controversy about the value of lap times, […]
October 18, 2019

Futures flat as China data gloom overshadows upbeat earnings

U.S. stock index futures were little changed on Friday, as better-than-expected earnings reports were overshadowed by fresh jitters about the global economy after economic data from […]
October 18, 2019

Zero-sugar sodas drive Coca-Cola revenue beat

Coca-Cola Co reported better-than-expected quarterly revenue on Friday, boosted by strong demand for its zero-sugar sodas and Coca-Cola Plus Coffee, a blend of its traditional soda […]
October 18, 2019

Schlumberger profit beats as international gains offset weak North America

Schlumberger NV beat Wall Street estimates for quarterly profit on Friday, as higher drilling activity in international markets boosted demand for its equipment and services and […]
October 18, 2019

Renault shares slump as profit warning deepens carmaker’s problems

A profit warning sent Renault’s shares as much as 15% lower on Friday, capping a turbulent year for the French carmaker since the arrest of long-time […]
October 18, 2019

Nissan on gradual recovery path, incoming CEO Uchida tells staff

Nissan Motor Co’s incoming chief executive Makoto Uchida told employees on Friday that his mission is to “restore business performance and regain trust in Nissan”. Powered […]
October 18, 2019

EU will hit U.S. in time with tariffs over Boeing: Malmstrom

The European Union will impose its own tariffs “in due course” in its WTO dispute over aircraft subsidies after the United States hit EU imports with […]
October 18, 2019

Shares slip on weak China growth, dollar suffers weekly mauling

World stocks slipped after China posted its weakest growth rate in nearly three decades on Friday, while the dollar was set for its worst week in […]
October 18, 2019

Factbox: Snakes and ladders – SoftBank Vision Fund’s climbing, sliding valuations

The $100 billion Vision Fund of Japan’s SoftBank Group Corp has in just over two years burned through much of its capital investing in money-losing, late-stage […]
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