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BusinessOct 20China’s hybrid car exports to EU surge by more than 200% as import cap loomsChina’s hybrid car exports to the European Union tripled in September from a year earlier, with shipments expected to remain elevated before an import cap agreed during recent trade talks takes effect. The country shipped nearly 100,000 hybrid cars to the bloc last month, up 18.9 per cent from August and 204.2 per cent from a year earlier, customs data showed on Tuesday. The surge outpaced a 142.7 per cent year-on-year rise in China’s total exports of passenger cars to the EU. Analysts said the...South China Morning Post
BusinessOct 20Mercantile Bank declares $0.40 dividendMercantile Bank has declared a dividend of $0.40. This is a standard financial announcement made by the bank.Seeking Alpha Tech
BusinessOct 20Brunswick declares $0.44 dividendBrunswick has declared a dividend of $0.44. This is a standard financial announcement from the company.Seeking Alpha Tech
BusinessOct 20Mines, telecoms, factories… Will African industrialists succeed in doing without diesel?Le diesel reste indispensable au fonctionnement de nombreuses activités sur le continent. Mais son coût, les contraintes d’approvisionnement et les impératifs de décarbonation poussent les industriels à accélérer le recours aux solutions renouvelables.Jeune Afrique
BusinessOct 20Chinese battery giant CATL hit by profit slowdown as EV headwind fears growChinese battery giant Contemporary Amperex Technology Limited (CATL) has recorded a surprise slowdown in third-quarter net profits, as analysts warned the company could be hit by slowing demand from China’s electric car industry next year. The world’s largest electric vehicle battery maker posted a net profit of 21.25 billion yuan (US$3.18 billion) for the July-September period, up 14.54 per cent from a year earlier, according to an exchange filing on Tuesday. The increase marked a sharp...South China Morning Post
BusinessOct 20Investors look to earnings to reset the bull market. The key level to watch on the S&P 500The key level traders are watching on the S&P 500 that could mean an even bigger decline is ahead.CNBC
BusinessOct 20Bitdeer Bitcoin output jumps 200% YoY: Key September metricsBitdeer reported a 200% year-over-year increase in Bitcoin output in September, indicating significant growth in its crypto mining operations. This update provides key performance metrics for investors and market observers.Seeking Alpha Tech
BusinessOct 20Housing starts fall more than expected in September as building permits hold upHousing starts decreased more than anticipated in September, indicating a slowdown in new home construction. However, building permits remained stable, suggesting potential future construction activity.Seeking Alpha Tech
BusinessOct 20Sea broadens growth strategy with cloud venture, fintech listing reviewSea, a major tech company, is expanding its growth strategy by venturing into cloud services and reviewing a potential fintech listing. These moves indicate a diversification of its business portfolio and future strategic directions.Seeking Alpha Tech
BusinessOct 20Apple slips as Loop Capital downgrades on iPhone shipment concernsApple's stock declined after Loop Capital downgraded its rating due to concerns about iPhone shipment volumes. This indicates investor apprehension regarding the company's sales performance and future outlook.Seeking Alpha Tech
BusinessOct 20Northrop Grumman beats estimates as defense backlog reaches $110BNorthrop Grumman has surpassed financial estimates, reporting a defense backlog that has reached $110 billion. This indicates strong performance and significant future business for the defense contractor.Seeking Alpha Tech
BusinessOct 20Salesforce to buy Braze for $47.50 a share in cashSalesforce is set to acquire Braze in a cash deal valued at $47.50 per share. This represents a significant acquisition by a major technology company.Seeking Alpha Tech
BusinessOct 20Ally Financial Q3 earnings, revenue beat even as provision for loan losses risesAlly Financial reported Q3 earnings and revenue that exceeded expectations, despite an increase in the provision for loan losses. This indicates the company's financial performance in the last quarter.Seeking Alpha Tech
BusinessOct 20"More than 80% pregnancy rate in the first 27 days of service": keys to improving efficiency and profitability in commercial breeding herdsGenetic improvement, fixed-time artificial insemination, and genomics allow for increased pregnancy rates and improved weaning weight. Specialist recommendations for producers to achieve measurable results.Clarín
BusinessOct 20UK jobless rate falls but shrinking vacancies a bitter blow to jobseekersThe jobless rate in the UK has fallen, but a reduction in job vacancies is described as a "bitter blow" to jobseekers. This indicates a mixed picture for the UK's labor market.clactonandfrintongazette.co.uk · United Kingdom
BusinessOct 20Alvotech wins FDA nod for new manufacturing process for Humira biosimilarAlvotech has received FDA approval for a new manufacturing process for its Humira biosimilar. This matters for the company's market position and availability of biosimilar drugs.Seeking Alpha Tech
BusinessOct 20SpaceX options traders price in 8% post-earnings swingSpaceX options traders are anticipating an 8% price swing following the company's earnings report. This matters for investors and market analysts tracking SpaceX's financial performance.Seeking Alpha Tech
BusinessOct 20Apple adds U.S. titanium supplier for iPhone Duo as supply stays tightApple is adding a U.S. titanium supplier for its new iPhone Duo and expanding domestic production of camera components for the iPhone 18 Pro.CNBC
BusinessOct 20ABB to pay $495M for 51% stake in low-voltage power distribution JV with Mitsubishi ElectricABB is set to acquire a majority stake in a low-voltage power distribution joint venture with Mitsubishi Electric for $495 million. This represents a significant business transaction in the industrial sector.Seeking Alpha Tech
BusinessOct 20Ryanair’s O’Leary warns of ‘biggest increase’ in EU airfares next yearHigh fuel prices could push up ticket prices and force airlines to cut capacity as their hedging contracts expire.Politico Europe
BusinessOct 20Gunnison Copper ADRs to list on NYSE American next weekGunnison Copper's American Depositary Receipts are scheduled to be listed on NYSE American in the coming week. This marks a new public trading event for the company.Seeking Alpha Tech
BusinessOct 20RTX beats estimates as aerospace, defense demand drives growthRTX has exceeded financial estimates, driven by increased demand in the aerospace and defense sectors. This indicates strong performance for the company and highlights growth in these industries.Seeking Alpha Tech
BusinessOct 20Airbnb introduces weather protection that will pay out if it rains too much on your holidayThe optional insurance add-on, available in 10 European countries, will mean you get daily payouts if downpours threaten to ruin your trip.EuroNews [en]
BusinessOct 20Hertz-backed Oro Mobility raises $80M to operate as standalone fleet platformOro Mobility, with backing from Hertz, has raised $80 million to establish itself as an independent fleet platform. This signifies a significant financial development for the company in the mobility sector.Seeking Alpha Tech
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