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Exclusive: Tesla US sales drop to nearly 3-year low in November despite launch of cheaper versions
Reuters· 2025-12-11 20:45
Tesla's U.S. sales dropped to a near three-year low in November, despite the automaker's rollout of new, cheaper versions of its best-selling electric vehicles, estimates from Cox Automotive given exc... ...
Southwest CEO expects Boeing MAX 7 to be certified in summer 2026
Reuters· 2025-12-11 20:36
Core Viewpoint - Southwest Airlines anticipates that Boeing's 737 MAX 7 will receive certification by approximately August 2026, with plans to commence operations of the aircraft in the first quarter of 2027 [1] Group 1 - The CEO of Southwest Airlines, Bob Jordan, provided insights on the timeline for the Boeing 737 MAX 7 certification [1] - The introduction of the 737 MAX 7 is part of Southwest Airlines' strategy to enhance its fleet with new single-aisle jets [1]
Coca-Cola bets on incoming chief Braun's global experience amid shift to low-sugar drinks
Reuters· 2025-12-11 19:59
Core Insights - Coca-Cola's appointment of Henrique Braun as the new CEO is aimed at leveraging his extensive experience in Latin America and China to expand the brand into new markets and attract cost-conscious consumers [1] Group 1 - The decision reflects a strategic move to enhance Coca-Cola's market presence in emerging regions [1] - The company is focusing on appealing to consumers who are facing financial constraints [1] - Braun's background is expected to drive growth initiatives in key international markets [1]
Democratic Senator calls on Nvidia CEO to testify on Trump's greenlight for China chip sales
Reuters· 2025-12-11 19:51
Democratic Senator Elizabeth Warren on Thursday called for Nvidia CEO Jensen Huang and Commerce Department Secretary Howard Lutnick to testify after President Donald Trump announced plans to greenligh... ...
Fortnite returns to Google Play in US after court order
Reuters· 2025-12-11 19:00
Core Insights - Epic Games' Fortnite has returned to the Google Play Store in the United States following compliance with a U.S. District Court injunction issued against Google [1] Company Summary - Epic Games' popular battle royale game, Fortnite, is now available again on the Google Play Store after a legal ruling [1]
Italy has resolved dispute with ECB over gold reserves, Treasury sources say
Reuters· 2025-12-11 18:30
Italy has resolved differences with the European Central Bank (ECB) over a draft budget amendment on the ownership of the Bank of Italy's gold reserves, Italian Treasury sources said on Thursday. ...
US appeals court partly reverses sanctions against Apple in Epic Games antitrust lawsuit
Reuters· 2025-12-11 18:29
Apple on Thursday persuaded a U.S. appeals court to reverse parts of a court order requiring the iPhone maker to make some changes to its lucrative App Store to promote greater competition, while losi... ...
Explainer: What are credit default swaps and why are investors watching Oracle's?
Reuters· 2025-12-11 18:12
The cost of insuring Oracle's debt against the risk of default has shot up after its latest earnings reignited worries about how much the broader corporate sector is spending on AI and the borrowing s... ...
Lumexa Imaging valued at $1.76 billion as shares edge up in Nasdaq debut
Reuters· 2025-12-11 18:10
Core Viewpoint - Lumexa Imaging's shares experienced a slight increase during their debut on Nasdaq, leading to a market valuation of $1.76 billion for the company [1] Company Summary - Lumexa Imaging is a provider of diagnostic imaging services [1] - The company's market valuation reached $1.76 billion following its initial public offering [1]
Suncor projects higher 2026 oil and gas output, trims budget
Reuters· 2025-12-11 18:05
Core Viewpoint - Suncor Energy forecasts lower spending in 2026 while increasing oil and gas production, focusing on enhancing output from oil sands operations, controlling costs, and improving shareholder returns [1] Group 1: Financial Forecast - The company anticipates reduced capital expenditures in 2026 despite a rise in production levels [1] - Increased output from oil sands operations is expected to contribute to overall production growth [1] Group 2: Operational Strategy - Suncor is implementing cost-tightening measures to enhance operational efficiency [1] - The focus on boosting shareholder returns indicates a commitment to returning value to investors [1]