January 6, 2024 2:01 pm
The China State Administration for Market Regulation said on Friday that Tesla Inc would recall 1.62 million vehicles in China. The vehicles can be remotely upgraded by the US auto maker, the market regulator said. Tesla will release an over-the-air software update that will affect 1.61 million vehicles. The latter include imported Model S and […]
Read moreJanuary 5, 2024 2:56 pm
Touchstone Bankshares Inc and its wholly owned subsidiary Touchstone Bank said on Friday that Adam Sothen had been appointed as Executive Vice President and Chief Financial Officer. Sothen has 25 years of experience within the financial and banking industry. Most recently, he served as Executive Vice President and Chief Financial Officer at a $1.5 billion […]
Read moreJanuary 5, 2024 12:42 pm
Nikola Corporation, via the HYLA brand, produced 42 and wholesaled 35 Class 8 Nikola hydrogen fuel cell electric vehicles (FCEVs) in the United States and Canada for the entire 2023, the company said on Thursday. Of the 7 trucks produced but not wholesaled, 3 are being used in an extended field test with a fleet […]
Read moreJanuary 5, 2024 10:23 am
The annual CPI inflation in the Euro Area was reported to have risen to 2.9% in December from a more than 2-year low of 2.4% in November, preliminary data by Eurostat showed on Friday. In comparison, market consensus had pointed to a sharper increase to 3%. It has been the first inflation uptick since April, […]
Read moreJanuary 5, 2024 8:43 am
The USD/ZAR pair edged up on Friday, while holding near recent three-week high of 18.8384, ahead of key US employment data later in the day that could provide clues over Fed rate outlook. The exotic currency pair looked set to register its best weekly performance since early August, being up 2.45%, on the back of […]
Read moreJanuary 4, 2024 1:26 pm
Private sector employers in the United States hired 164,000 workers in December, following a revised down employment growth of 101,000 in November, data by Automatic Data Processing showed on Thursday. The December figure outstripped a consensus of analyst estimates of 115,000. The leisure and hospitality segment added the highest number of jobs last month, 59,000. […]
Read moreJanuary 4, 2024 11:27 am
Talos Energy Inc said on Wednesday that it had successfully initiated oil and natural gas production at its Lime Rock and Venice discoveries, located in the US Gulf of Mexico. The Lime Rock and Venice wells, in which Talos owns a 60% working interest, were brought online in late December. The two wells have achieved […]
Read moreJanuary 4, 2024 9:01 am
France’s annual CPI inflation was reported to have risen to 3.7% in December from an almost 2-year low of 3.5% in November, preliminary data by INSEE showed. In comparison, market consensus had pointed to a sharper uptick to 3.8%. Higher inflation in December was mostly driven by higher cost of energy (up 5.6% year-on-year versus […]
Read moreJanuary 4, 2024 8:20 am
Laser Photonics Corporation, a global developer of CleanTech laser systems for laser cleaning and other material applications, said on Wednesday that it had received an order from Ontario Power Generation’s nuclear division for its MarkStar Pro laser marking system. Ontario Power Generation is among the largest and most diverse power producers in North America with […]
Read moreJanuary 3, 2024 9:59 am
Germany’s seasonally adjusted unemployment rate was reported to have risen to 5.9% in December from a revised down 5.8% in November. It has been the highest rate of unemployment since May 2021, as the number of unemployed persons increased by 5,000 to a total of 2.703 million. Regional disparities continued to persist, as Bremen and […]
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