FILE PHOTO: The Tesla logo is seen on a car in the new Tesla showroom in the Meatpacking District of Manhattan in New York, USA, December 14, 2017. REUTERS / Brendan McDermid / File Photo (Reuters) – Tesla Inc (TSLA.O) beat Wall Street estimates for second-quarter vehicle deliveries on Thursday, …
Read More »BP sells petchems arm for $ 5 billion in energy transition renovation
LONDON (Reuters) – BP (BP.L) agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $ 5 billion, leaving a sector widely seen as a key driver of growth in oil demand in the coming decades. FILE PHOTO: A BP logo at a service station in London, …
Read More »Nike plans to cut jobs on digital push
FILE PHOTO: The first day after the government eased restrictions amid the outbreak of coronavirus disease (COVID-19) in Jakarta, a silhouette of a woman wearing a face shield and face mask is seen near a Nike logo in a mall. Indonesia, June 15, 2020. REUTERS / Ajeng Dinar Ulfiana / …
Read More »Albertsons shares fall on NYSE debut after lackluster IPO
(Reuters) – Albertsons Cos Inc ACI.N saw its shares drop in its debut on the New York Stock Exchange on Friday, a day after the US supermarket operator cut its initial public offering to $ 800 million. FILE PHOTO: Customers walk out of an Albertsons grocery store with their purchases …
Read More »Wall Street Falls When Fed Stock Affects Bank Stocks, Virus Cases Increase
(Reuters) – Major Wall Street indexes fell on Friday when the United States set a new record for a one-day rise in coronavirus cases and bank stocks fell after the Federal Reserve decided to limit payments to shareholders. FILE PHOTO: Flags hang on the exterior of the New York Stock …
Read More »