Citigroup Inc said Tuesday it intends to buy Deutsche Bank's license in Mexico so it can continue its corporate and investment banking operations in the country after the planned sale of its local retail unit.
Citigroup Inc said Tuesday it intends to buy Deutsche Bank's license in Mexico so it can continue its corporate and investment banking operations in the country after the planned sale of its local retail unit.
Walt Disney Co failed to meet Wall Street's earnings forecast on Tuesday. The entertainment giant has suffered financial losses due to its advancement into streaming video.
Adrian Orr was appointed for a second time as the head of the Reserve Bank of New Zealand (RBNZ). He will enter his second five-year term on March 27.
Nvidia Corp. plans to sell an improved chip in China that meets new U.S. export control requirements, said the company on Monday. Those rules stated that advanced technology should not be passed on to Chinese parties.
According to an announcement of chief electrification executive at Ford Motor Co, issues associated with charging network and availability of battery raw materials are considered to be critical factors restraining demand for electric vehicles.
Amazon's fleet of electric vans has been growing rapidly since it announced its partnership with Rivian Automotive.
Tesla Inc said that insurance incentives for car orders in China placed before November 30 have been raised. However, the incentives will be reduced in December to encourage consumers to place orders as early as possible.
Oil prices hold steady as supply cut fears are offset by fears of an economic downturn and China’s strict COVID-19 containment strategy.
Marlboro maker Philip Morris International (PMI) announced Monday a plan to buy Swedish Match for $16 billion, despite only getting approval for the deal from owners of 82.59 percent of the Swedish company.
Due to rising inflation and the risks of an impending recession, Lyft made a statement on the revision of the staffing table and the subsequent dismissal of about 700 employees, which is 13% of the company's total staff.