Chemicals maker Dow profit beats estimates on cost cuts
Dow Inc beat Wall Street estimates for third-quarter profit on Thursday as its efforts to cut costs helped offset weaker prices for its chemicals used...
Southwest profit jumps 7.2% as unit revenues rise
Southwest Airlines Co reported a 7.2% rise in third-quarter profit on Thursday, as strong travel demand and higher fares offset the hit from flight cancellations...
Hyundai targets EV sales of over half a million by 2025, posts disappointing third-quarter
South Korea’s Hyundai Motor pledged to boost sales of electric vehicles (EV) to over half a million by 2025 as part of a bid to...
Nissan explores sale of European plants amid falling sales: Bloomberg
Nissan Motor Co Ltd is considering selling two of its European plants as the Japanese carmaker faces falling sales in the region and an industry...
Stocks rise, euro holds gains before Draghi’s farewell
Europe’s traders were sending European Central Bank chief Mario Draghi off in style on Thursday, raising the region’s stocks to their highest in more than...
Puma sees profit hit from U.S. tariffs on China
German sportswear group Puma cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised...
Oil slips below $61 as weak demand outlook weighs
Oil slipped below $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect...
Daimler third-quarter operating profit up 8%, boosted by Mercedes sales
Daimler reported a slight rise in third-quarter operating profit on Thursday boosted by sales of Mercedes-Benz cars, sending its shares higher, but announced cost cuts...
Puma ups guidance despite U.S. tariffs on China
German sportswear group Puma cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised...
Oil prices ease as weak demand outlook weighs on market
Oil prices slipped on Thursday amid persistent concerns about a weak demand outlook, after posting sharp gains in the previous session following a surprise crude...